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Federal Reserve: Oversight and Disclosure Issues, Marc Labonte, Specialist in Macroeconomic Policy. December 1, 2015. “Critics of the Federal Reserve (Fed) have long argued for more oversight, transparency, and disclosure. Criticism intensified following the extensive assistance the Fed provided to financial firms during the financial crisis. Some critics downplay the degree of Fed oversight and …
CBO reviews the federal government’s current role in the multifamily mortgage market and four broad approaches to modifying that role. December 3, 2015. “Multifamily properties—those with five or more units—provide shelter for approximately one-third of the more than 100 million renters in the United States and account for about 14 percent of all housing units. …
24/7 Street: “How well run is your state? Assessing a state’s management quality is no simple task. The current economic climate and standard of living in any given state are not only the results of recent policy choices and developments, but may also be dependent on forces outside a state’s control and, often, decisions made …
Institute for Policy Studies – “This report – The Forbes 400 and the Rest of Us (December 2015) – exposes the extreme wealth concentrated within the fortunes of the 400 wealthiest Americans and compares this wealth to the much more meager assets of several different segments of American society. The report proposes several solutions to …
“The New York Fed’s latest Beige Book report indicates that regional economic growth slowed in October and early November, while the job market stayed strong and prices remained stable. This latest report, based on information collected through November 20, suggests that economic activity in the Second District has leveled off since the end of the …
Treasury Inspector General for Tax Administration. Annual Assessment of the Internal Revenue Service Information Technology Program, September 30, 2015. Reference Number: 2015-20-094 “For FY 2015, TIGTA designated Security for Taxpayer Data and Employees as the IRS’s number one management and performance challenge for the fifth consecutive year. The IRS faces the daunting task of securing …
“The CFPB Ombudsman’s Office is an independent, impartial, and confidential resource that assists consumers and companies in informally resolving issues with the CFPB. This report summarizes our activities in fiscal year 2015. The report includes a description of how our office works in practice with a new flowchart of when to contact us and what …
“Today, the U.S. Bureau of Economic Analysis released its first set of official statistics on personal consumption expenditures (PCE) by state for 1997-2014. PCE by state – the measure of goods and services purchased by or on behalf of households by state of residence – provides insight into household spending patterns across states and can …
News release: “The Chinese currency renminbi (RMB) is to be included in the basket of currencies which make up the IMF’s Special Drawing Right, or SDR. This is the first time in over 15 years that the list of currencies comprising the SDR has been altered. The change was agreed by the IMF’s Executive Board …
Testimony by Eric J. Labs, Senior Analyst for Naval Forces and Weapons, before the Subcommittee on Seapower and Projection Forces, Committee on Armed Services, U.S. House of Representatives, December 1, 2015. The submitted statement reprises CBO’s report, An Analysis of the Navy’s Fiscal Year 2016 Shipbuilding Plan, which was released on October 29, 2015. That …
“The cost of living varies considerably across the nation, which is why we devised this interactive map. Choose an area and enter a salary. Then scroll across the map to see how much you’d need to earn in other areas to have the same purchasing power. As part of the How Far Your Money Goes …
Aquatic Invasive Species: Additional Steps Could Help Measure Federal Progress in Achieving Strategic Goals, GAO-16-49: Published: Nov 30, 2015. Publicly Released: Nov 30, 2015: “Aquatic invasive species—harmful, nonnative plants, animals, and microorganisms living in aquatic habitats—damage ecosystems or threaten commercial, agricultural, and recreational activities.” IRS Whistleblower Program: Billions Collected, but Timeliness and Communication Concerns May …
