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News release: “The Obama Administration today announced additional support to help homeowners struggling with unemployment through two targeted foreclosure-prevention programs. Through the existing Housing Finance Agency (HFA) Innovation Fund for the Hardest Hit Housing Markets (the Hardest Hit Fund), the U.S. Department of the Treasury will make $2 billion of additional assistance available for HFA …
Follow up to postings on the Gulf Coast oil spill, this news release: “The U.S. Department of Labor’s Occupational Safety and Health Administration today announced that BP Products North America Inc. will pay a full penalty of $50.6 million stemming from the 2005 explosion at its Texas City, Texas, refinery that killed 15 workers and …
WSJ: Grim Mood Grows in America Pessimism Rises on Economy and War; Outlook Hurts Both Democrats and GOP “Americans are growing more pessimistic about the economy and the war in Afghanistan, and are losing faith that Democrats have better solutions than Republicans, according to a new Wall Street Journal/NBC News poll. Underpinning the gloom: Nearly …
Inflation Report – August 2010. The Inflation Report can be viewed as a complete PDF file or in sections. Click on the appropriate heading to access the file located on this page. “At the time of the May Report, the financial crisis had evolved into a sovereign debt crisis in Europe. Given the subsequent fiscal …
Federal Housing Finance Agency: Oversight of the Federal Home Loan Banks’ Agricultural and Small Business Collateral Policies Could Be Improved, GAO-10-792, July 20, 2010 Electronic Waste: Considerations for Promoting Environmentally Sound Reuse and Recycling, GAO-10-626, July 12, 2010 Homeland Security: US-VISIT Pilot Evaluations Offer Limited Understanding of Air Exit Options, GAO-10-860, August 10, 2010 Tactical …
Agencies Issue Advance Notice of Proposed Rulemaking Regarding Alternatives to the Use of Credit Ratings in the Regulatory Capital Guidelines, August 10, 2010 “The federal banking agencies (agencies) today have agreed to publish an advance notice of proposed rulemaking (advance notice) regarding alternatives to the use of credit ratings in their risk-based capital rules (capital …
FOMC Statement, August 10, 2010: “Information received since the Federal Open Market Committee met in June indicates that the pace of recovery in output and employment has slowed in recent months. Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business spending on equipment …
Productivity and Costs, Second Quarter 2010, Preliminary: “Nonfarm business sector labor productivity decreased at a 0.9 percent annual rate during the second quarter of 2010, the U.S. Bureau of Labor Statistics reported today, with output and hours rising 2.6 percent and 3.6 percent, respectively. (All quarterly percent changes in this release are seasonally adjusted annual …
U.S. Treasury Department Office of Financial Stability – Troubled Asset Relief Program Transactions Report For Period Ending July 30, 2010 – Capital Release Program Related postings on financial system
Analyzing the Operation of Performance-Based Accountability Systems for Public Services, by Frank Camm, Brian M. Stecher “Empirical evidence of the effects of performance-based public management is scarce. This report describes a framework used to organize available empirical information on one form of performance-based management, a performance-based accountability system (PBAS). Such a system identifies individuals or …
News release: “On August 10, 2010, the Federal Open Market Committee directed the Open Market Trading Desk (the Desk) at the Federal Reserve Bank of New York to keep constant the Federal Reserves holdings of securities at their current level by reinvesting principal payments from agency debt and agency mortgage-backed securities (agency MBS) in longer-term …
Report by Aaron Mehta and John Solomon: “Coast Guard officials told the Center for Public Integrity that the service does not have the expertise to fight an oil rig fire and that its response to the April 20 explosion may have broken the services own rules by failing to ensure a firefighting expert supervised the …
