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“On May 14, 2013, the 25th anniversary of our nation’s deadliest drunk-driving crash, which killed 24 children and three adults in Carrollton, Ky., the NTSB’s five-member board voted unanimously to issue bold recommendations to help the United States reach zero and eliminate alcohol-impaired driving. Bold steps are needed: On average, every hour, one person dies …
News release: “The Federal Trade Commission has issued its annual letter to the Consumer Financial Protection Bureau (CFPB) on FTC enforcement and related activities regarding the Truth in Lending Act (TILA), Consumer Leasing Act (CLA), Electronic Fund Transfer Act (EFTA), and Equal Credit Opportunity Act (ECOA). This year’s letter also discusses the Dodd-Frank Act, and …
“Support for European economic integration the 1957 raison detre for creating the European Economic Community, the European Unions predecessor is down over last year in five of the eight European Union countries surveyed by the Pew Research Center in 2013. Positive views of the European Union are at or near their low point …
Agricultural Research – Two USDA Agencies Can Enhance Safeguards against Project Duplication and Strengthen Collaborative Planning, GAO-13-255, Apr 12, 2013 Defense Logistics – The Department of Defense’s Report on Strategic Seaports Addressed All Congressionally Directed Elements, GAO-13-511R, May 13, 2013 Management Report – Improvements Are Needed to Enhance the Internal Revenue Service’s Internal Controls, GAO-13-420R, …
Rethinking Macro Policy II: Getting Granular. Olivier Blanchard, Giovanni Dell’Ariccia, Paolo Mauro, IMF Staff Discussion Note, April 15, 2013. “The 200809 global economic and financial crisis shook the consensus on how to run macroeconomic policy. It reminded us of the dangers associated with financial sector imbalances; showed the limitations of monetary policy and cast doubt …
Chairman Ben S. Bernanke At the 49th Annual Conference on Bank Structure and Competition sponsored by the Federal Reserve Bank of Chicago, Chicago, Illinois – May 10, 2013 – Monitoring the Financial System “The step-up in our monitoring is motivated importantly by a shift in financial regulation and supervision toward a more macroprudential, or systemic, …
Did my wife’s cosmetics give her breast cancer? Inside a regulatory disaster zone by John Wasik – Washington Monthly, May 6, 2013. “The European Union bans nearly 1,400 chemicals from personal care products because they are carcinogenic, mutagenic, or toxic to reproduction. But in the United States, the Food and Drug Administration entrusts safety regulation …
“The Great Recession and its aftermath have decimated job prospects and earnings for young workers, a new EPI briefing paper shows. In The Class of 2013: Young graduates still face dim job prospects, Heidi Shierholz, Natalie Sabadish and Nicholas Finio find that for the fifth consecutive year, new graduates will enter a profoundly weak labor …
On The “Right to Be Forgotten”: Challenges and Suggested Changes to the Data Protection Regulation “Since January 2012, the European Union institutions have been debating draft legislation to reform European rules on data protection (commonly referred to as the Data Protection Regulation (DPR)). Article 17 of the proposed DPR presents the concept of a “Right …
CFPB: Student Loan Affordability Analysis of Public Input on Impact and Solutions, May 8, 2013 “The Dodd-Frank Wall Street Reform and Consumer Protection Act established a student loan ombudsman within the Consumer Financial Protection Bureau to focus on student loans. Pursuant to the Act, the ombudsman shall conduct analysis on input from borrowers, prepare an …
Two, Three, Many Middle Easts: A Regions Economic Prospects, Monday, April 29. [Andrew Young]
“In a new report from the Federal Reserve Bank of New York, authors Michael J. Fleming and John R. Sporn use transaction data from derivatives dealers to shed light on the rapidly growing market for over-the-counter inflation swaps. Specifically, they analyze zero-coupon inflation swap trades involving major derivatives dealers for a three-month period in 2010. …
