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Category Archives: Economy

House GOP amended health care bill, but CBO estimates of coverage losses are not likely to meaningfully improve

Follow up to previous postings included in CBO Health Score – 14 million more uninsured next year under GOP plan – via Brookings – “Late Monday night (March 20, 2017) Republican leaders unveiled a “manager’s amendment” that makes several changes to the American Health Care Act (AHCA). The House is currently scheduled to vote on… Continue Reading

Official Corruption Prosecutions Decline: February 2017

“The latest available data from the Justice Department show that during February 2017, the first complete month under the new Trump Administration, there were only 24 new official corruption prosecutions filed by federal prosecutors. During the last two fiscal years of the Obama Administration, federal prosecutors filed an average of 43 official corruption cases each… Continue Reading

Retirement Policy Directions in 2017 and Beyond

Retirement Policy Directions in 2017 and Beyond, February 2017, Vol. 38, No. 4, Employee Benefit Research Institute, 2017. “With a new Congress and a new president in Washington, how are U.S. retirement policies likely to change? Possibly quite radically, and for two main reasons. First, because of the new majority’s plans to overhaul the entire… Continue Reading

Paper – Ranking New York’s Banks

Brescia, Raymond H. and Scunziano, Ralph, Ranking New York’s Banks: Comparing the Products and Services of the Nineteen Largest Banks Serving Consumers in the Empire State (March 20, 2017). Albany Law School Research Paper No. 12. Available at SSRN: https://ssrn.com/abstract=2937793 “New York State is one of the financial capitals of the world, and individual consumers… Continue Reading

Paper – Carbon Taxation by Regulation

Rossi, Jim, Carbon Taxation by Regulation (March 20, 2017). Minnesota Law Review, Vol. 102 (2018 Forthcoming). Available at SSRN: https://ssrn.com/abstract=2937783 “This Article argues that, even though a carbon tax remains politically elusive, “carbon taxation by regulation” has begun to flourish as a way of financing carbon reduction. For more than a century, energy rate setting… Continue Reading

Banking Standards Board Statement of Good Practice

“The Banking Standards Board has today (Tuesday 28 February 2017) published good practice guidance for banks and building societies putting in place procedures to assess the fitness and propriety of staff under the new Certification Regime. Download the Statement of Good Practice 1 on the Certification Regime: Fitness and Propriety Assessment Principles  and Supporting Guidance to Statement… Continue Reading

Banking agencies issue joint report to Congress under Economic Growth and Regulatory Paperwork Reduction Act of 1996

“Continuing their efforts to reduce regulatory burdens while ensuring the safety and soundness of the nation’s financial institutions, member agencies of the Federal Financial Institutions Examination Council (FFIEC) today issued a joint report to Congress detailing their review of rules affecting financial institutions. The review was conducted as part of the Economic Growth and Regulatory… Continue Reading

Collective Wisdom: An Exploration of Library, Archives and Museum Cultures

“Collective Wisdom: An Exploration of Library, Archives and Museum Cultures was written by the participants in the Library, Archives and Museum Conference Exchange project, in which 18 librarians, archivists and museum professionals explored cross-sector practices and culture, and potential for interdisciplinary collaboration and http://Collective Wisdom: An Exploration of Library, Archives and Museum Cultures was written… Continue Reading

Information Technology and the U.S. Workforce:

Information Technology and the U.S. Workforce: Where Are We and Where Do We Go from Here? (2017): “Recent years have yielded significant advances in computing and communication technologies, with profound impacts on society. Technology is transforming the way we work, play, and interact with others. From these technological capabilities, new industries, organizational forms, and business… Continue Reading

The Happiest and Unhappiest Countries in the World

Gallup – “Last summer, Brexit shocked the world. Few global experts saw it coming. In their defense, most economic indicators didn’t point to a political upheaval. Gross domestic product in the U.K. was growing at about 2%, and unemployment had dropped to 4.9%. From a data perspective, things seemed OK. Another metric, however, showed something… Continue Reading

NYT – UK to Start Brexit on March 29 by Invoking Article 50

Stephen Castle, The New York Times: “The British government said on Monday that it intended to formally notify the European Union on March 29 of its intention to leave the bloc, putting the country on track to complete a withdrawal by early 2019. David Davis, the cabinet minister responsible for negotiating the exit, said that… Continue Reading

NY Fed – Consumers Seeking Credit Feel Increasingly Discouraged

“The SCE Credit Access Survey queries respondents every four months about their experiences and expectations of applying for and obtaining credit. February results show an increase in the unmet credit demand of U.S. consumers compared with October levels. The proportion of consumers feeling “discouraged” when seeking credit rose. Both application rates and rejection rates declined.… Continue Reading