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Chairman Ben S. Bernanke, Semiannual Monetary Policy Report to the Congress Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C., July 21, 2010 Chairman Dodd, Senator Shelby, and members of the Committee, I am pleased to present the Federal Reserve’s semiannual Monetary Policy Report to the Congress. Economic and Financial Developments: …
Center for Economic and Policy Research – The Urgent Need for Job Creation, July 2010, John Schmitt and Tessa Conroy “Many lawmakers, policymakers, and economic commentators do not appear to recognize the depth of the current labor-market recession. Between December 2007 the official first month of the recession and December 2009, the U.S. …
News release: “Senator Herb Kohl, Chairman of the Special Committee on Aging, held a hearing on continuing care retirement communities (CCRCs), which provide separate housing for seniors who are able to live independently, who require help in an assisted living facility, and who require more intensive care in a nursing home. The Committee examined issues …
Drug Control: DOD Needs to Improve Its Performance Measurement System to Better Manage and Oversee Its Counternarcotics Activities, GAO-10-835, July 21, 2010 Drug Control: International Programs Face Significant Challenges Reducing the Supply of Illegal Drugs but Support Broad U.S. Foreign Policy Objectives, GAO-10-921T, July 21, 2010 Engaging Foreign Audiences: Assessment of Public Diplomacy Platforms Could …
A Scientific Assessment of Alternatives for Reducing Water Management Effects on Threatened and Endangered Fishes in California’s Bay Delta “California’s Bay-Delta estuary is a biologically diverse estuarine ecosystem that plays a central role in the distribution of California’s water from the state’s wetter northern regions to its southern, arid, and populous cities and agricultural areas. …
The National Academies: “Emissions of carbon dioxide from the burning of fossil fuels have ushered in a new epoch where human activities will largely determine the evolution of Earth’s climate. Because carbon dioxide in the atmosphere is long lived, it can effectively lock the Earth and future generations into a range of impacts, some of …
New ‘Consumer Policy Toolkit’ targets policy makers: “On 21 July the OECD will be releasing a practical guide to help policy makers who are charged with promoting and protecting the interests of consumers. The Consumer Policy Toolkit provides advice for consumer authorities on how to assess areas where markets may be failing consumers and how …
Defense Management: DOD Needs Better Information and Guidance to More Effectively Manage and Reduce Operating and Support Costs of Major Weapon Systems, GAO-10-717, July 20, 2010 Defined Benefit Pension Plans: Plans Face Valuation and Other Challenges When Investing in Hedge Funds and Private Equity, GAO-10-915T, July 20, 2010 New Embassy Compounds: State Faces Challenges in …
Regional and State Employment and Unemployment Summary, June 2010: “Regional and state unemployment rates were generally lower in June. Thirty-nine states and the District of Columbia recorded unemployment rate decreases, five states had increases and six states had no change, the U.S. Bureau of Labor Statistics reported today. Twenty-four states recorded unemployment rate increases from …
“IEA [International Energy Agency] calculations based on preliminary data show that China has now overtaken the United States to become the world’s largest energy user. China’s rise to the top ranking was faster than expected as it was much less affected by the global financial crisis than the United States. For those who have been …
Governor Daniel K. Tarullo – International cooperation and financial regulatory modernization, Before the Subcommittee on Security and International Trade and Finance, Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C., July 20, 2010 “When you held a hearing on this topic in the fall, I gave an overview of the Federal Reserve’s role …
The Volcker Rule – Obamas economic adviser and his battles over the financial-reform bill, by John Cassidy: “Volcker believes that commercial banks, such as Citigroup and Wells Fargo, are worthy of receiving government assistanceand even, in extremis, taxpayer bailoutsbecause firms and consumers depend upon them for credit. In return for these enterprises being sheltered, they …
