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Monthly Archives: July 2009

The Financial Industry Calls for Action to Strengthen the Global Financial System and Promote Stability in Financial Markets

News release: “Leaders of global financial services firms called today for far-reaching regulatory reforms to reinforce industry efforts to strengthen the global financial system. “Our main challenge now is to restore confidence in and stability of the financial system – this is essential for sound financial markets that can finance growth for the future,” said… Continue Reading

FTC Testifies About Efforts to Combat Fraudulent and Deceptive Advertising

News release: “The Federal Trade Commission testified today before the U.S. Senate on its efforts to combat deceptive advertising in the face of rapid changes in health care, technology, and online marketing strategies. In testimony before the Senate Committee on Commerce, Science, and Transportation’s Subcommittee on Consumer Protection, Product Safety, and Insurance, David Vladeck, Director… Continue Reading

New GAO Reports: Capitol Visitor Center, DC Public Schools, Federal Air Marshal Service, TARP

Capitol Visitor Center: Construction Expected to Be Completed within Current Budget Estimate, GAO-09-925T, July 23, 2009 Department of Labor: Wage and Hour Division Needs Improved Investigative Processes and Ability to Suspend Statute of Limitations to Better Protect Workers Against Wage Theft, GAO-09-629, July 23, 2009 District of Columbia Public Schools: Implementation and Sustainability of Reform… Continue Reading

Treasury: Financial Regulatory Reform: A New Foundation

Financial Regulatory Reform: A New Foundation, Updated: July 23, 2009 “Over the past two years we have faced the most severe financial crisis since the Great Depression. Americans across the nation are struggling with unemployment, failing businesses, falling home prices, and declining savings. These challenges have forced the government to take extraordinary measures to revive… Continue Reading

New Report: Sustaining California Agriculture in an Uncertain Future

“The report Sustaining California Agriculture in an Uncertain Future shows that California agriculture can flourish despite diminishing water supply and future uncertainty from climate change, but it will require great strides in increasing the water efficiency of the agricultural sector. Many farmers and irrigation districts have already been making water-use efficiency improvements. Yet the analysis… Continue Reading

DOJ: Detention Policy Task Force Issues Preliminary Report

News release: “The Department of Justice and Department of Defense today announced that the Detention Policy Task Force, which was created pursuant to Executive Order 13493, has issued a preliminary report on military commissions and a process for the determination of prosecution forum for trials of suspected terrorists. A copy of the report is attached.… Continue Reading

Preliminary Analysis Of the Effects of HR 2454 On U.S. Agriculture

Preliminary Analysis Of the Effects of HR 2454 On U.S. Agriculture – Office of the Chief Economist Economic Research Service, U.S., Department of Agriculture, July 22, 2009 Executive Summary: “USDA performed a preliminary economic analysis of the impacts of House-passed climate legislation, HR 2454, on U.S. agriculture. The analysis assumes no technological change, no alteration… Continue Reading

Systemic Risk Legislation Sent to Capitol Hill

Fact Sheet: Administration’s Regulatory Reform Agenda Moves Forward – Systemic Risk Legislation Sent to Capitol Hill: “Continuing its push to establish new rules of the road and make the financial system more fair for consumers and investors, the Administration today delivered proposed legislation to Capitol Hill that would require strong, consolidated supervision and regulation for… Continue Reading

New GAO Reports: Financial Markets Regulation, Troubled Asset Relief Program

Financial Markets Regulation: Financial Crisis Highlights Need to Improve Oversight of Leverage at Financial Institutions and across System, GAO-09-739, July 22, 2009 Troubled Asset Relief Program: Status of Efforts to Address Transparency and Accountability Issues, GAO-09-920T, July 22, 2009 Related postings on financial system Continue Reading

DHS Releases Report on Department's Progress Fulfilling 9/11 Commission Recommendations

News release: “Department of Homeland Security (DHS) Secretary Janet Napolitano today marked the fifth anniversary of the issuance of the 9/11 Commission Report by releasing a progress report outlining advancements in the Department’s capabilities to protect against and respond to acts of terrorism and other threats.” Progress in Implementing 9/11 Commission Recommendations(PDF, 12 pages –… Continue Reading