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Daily Archives: January 14, 2009

Report: Enhancing Child Safety and Online Technologies

Final Report of the Internet Safety Technical Task Force to the Multi-State Working Group on Social Networking of State Attorneys General of the United States, Published January 14, 2009: “The Internet Safety Technical Task Force was created in February 2008 in accordance with the Joint Statement on Key Principles of Social Networking Safety announced in January 2008 by the Attorneys General Multi-State Working Group on Social Networking and MySpace. The scope of the Task Force’s inquiry was to consider those technologies that industry and end users – including parents – can use to help keep minors safer on the Internet.”

Treasury Releases Term Sheet for S Corps

News release: “The U.S. Treasury Department today released the term sheet and answers to frequently asked questions for qualified financial institutions applying to the Capital Purchase Program that are S corporations. The term sheet provides for issuances of debt instead of stock, unlike other term sheets for the Capital Purchase Program.” Term Sheet – S-Corporations… Continue Reading

Federal Reserve Beige Book, January 14, 2009

Summary of Commentary on Current Economic Conditions by Federal Reserve District, January 14, 2009: “Overall economic activity continued to weaken across almost all of the Federal Reserve Districts since the previous reporting period. Most Districts noted reduced or low activity across a wide range of industries, although a few Districts noted some exceptions in some… Continue Reading

Financial Regulators Release Guidance on Risk Management of Remote Deposit Capture

News release: “The Federal Financial Institutions Examination Council (FFIEC) issued guidance today for examiners, financial institutions, and technology service providers to identify risks, evaluate controls, and assess risk management practices related to remote deposit capture (RDC) systems. RDC enables customers to make deposits from their homes or businesses instead of taking the deposits to their… Continue Reading

White House Acknowledged Scope of Missing E-mails in Court Today

Follow up to previous postings on missing White House emails, today’s news release: “At a hearing today concerning the risks posed by the presidential transition to the recovery of millions of missing e-mails from the Executive Office of the President (EOP) in the National Security Archive’s lawsuit seeking restoration of those e-mails, the White House… Continue Reading

GAO Report: Framework for Crafting and Assessing Proposals to Modernize the Outdated U.S. Financial Regulatory System

Financial Regulation: A Framework for Crafting and Assessing Proposals to Modernize the Outdated U.S. Financial Regulatory System, GAO-09-310T, January 14, 2009. “…significant developments have outpaced a fragmented and outdated regulatory structure, and, as a result, significant reforms to the U.S. regulatory system are critically and urgently needed. The current system has significant weaknesses that, if… Continue Reading

November Airline On-Time Performance Improves from Last Year

News release: “The nation’s largest airlines had a higher rate of on-time flights this past November than in the same month last year, although the rate of delays was higher than in October 2008, according to the Air Travel Consumer Report released today by the U.S. Department of Transportation (DOT). According to information filed with… Continue Reading

CBO Cost Estimate: Children’s Health Insurance Program Reauthorization Act of 2009

H.R. 2, Children’s Health Insurance Program Reauthorization Act of 2009, January 13, 2009. Cost estimate for the bill as transmitted to CBO by the House Committee on Energy and Commerce on January 13, 2009. “The legislation would authorize the Children’s Health Insurance Program (CHIP) through fiscal year 2013 and increase federal funding for the program… Continue Reading

State of the Art Biometrics Excellence Roadmap: Technology Assessment

Nextgov: “The FBI released on [January 13, 2009] a detailed study of the advancement of different kinds of biometrics — from fingerprints to ear scans — to lay out how the bureau might pursue the identification of individuals in the future.” State of the Art Biometrics Excellence Roadmap – Technology Assessment: Volume 1 (of 3)… Continue Reading