2009 Annual Report: Budget Review: “Reports on the current budgeted expenses of the Board of Governors and the Federal Reserve Banks. The previous year’s income and expenses are also discussed. Describes the budgeting process for the Board and Banks and shows trends in expenses and employment.”
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Daily Archives: August 6, 2009
5 Tips for Dealing with a Home Equity Line Freeze or Reduction
News release: “Homeowners in all regions of the United States are seeing their home equity lines of credit (HELOCs) frozen or reduced and wondering what they can do about it. The Federal Reserve’s 5 Tips for Dealing with a Home Equity Line Freeze or Reduction guide explains consumers’ rights and lenders’ responsibilities when credit lines… Continue Reading
New GAO Reports: Ballistic Missile Defense, Public Transportation, Small Business Innovation Research, CPSC
Ballistic Missile Defense: Actions Needed to Improve Planning and Information on Construction and Support Costs for Proposed European Sites, GAO-09-771, August 06, 2009 Public Transportation: Better Data Needed to Assess Length of New Starts Process, and Options Exist to Expedite Project Development, GAO-09-784, August 06, 2009 Small Business Innovation Research: Observations on Agencies’ Data Collection… Continue Reading
CBO Monthly Budget Review, August 2009
Monthly Budget Review August 2009 Based on the Monthly Treasury Statement for June and the Daily Treasury Statements for July 2009. “The federal budget deficit for the first 10 months of fiscal year 2009 reached $1.3 trillion, CBO estimates, close to $880 billion greater than the deficit recorded through July 2008. Outlays rose by almost… Continue Reading
Fannie Mae Reports Second-Quarter 2009 Results – Loss of $14.8 Billion
News release: “Fannie Mae reported a loss of $14.8 billion, or ($2.67) per diluted share, in the second quarter of 2009, compared with a loss of $23.2 billion, or ($4.09) per diluted share, in the first quarter of 2009. Second-quarter results were driven primarily by $18.8 billion of credit-related expenses, reflecting the ongoing impact of… Continue Reading
2009 Immigration Detention Reforms
U.S. Immigration and Customs Enforcement (ICE): “Assistant Secretary John Morton announced substantial steps, effective immediately, to overhaul the immigration detention system. These reforms will address the vast majority of complaints about our immigration detention, while allowing ICE to maintain a significant, robust detention capacity to carry out serious immigration enforcement. The present immigration detention system… Continue Reading
New FTC Rule Prohibits Petroleum Market Manipulation
News release: “The Federal Trade Commission today issued a Final Rule that will prohibit market manipulation in the petroleum industry. The Rule will prohibit fraud or deceit in wholesale petroleum markets, and omissions of material information that are likely to distort petroleum markets. The FTCs approval of the Rule concludes a proceeding that incorporated several… Continue Reading
Ban on Texting While Driving Expands to 17 States
Follow up to July 28, 2009 posting New Data On Cell Phone Use and Driving Distraction, news today that Illinois became the 17th state to ban text messaging while driving. CNN: “Illinois will join a growing list of states looking to curb accidents linked to texting. Oregon and New Hampshire banned texting drivers in July,… Continue Reading
CRS: Private Health Insurance Provisions of H.R. 3200
CRS: Private Health Insurance Provisions of H.R. 3200, July 27, 2009 “This report summarizes key provisions affecting private health insurance in H.R. 3200, Americas Affordable Health Choices Act of 2009, as ordered reported by House Committees on Education and Labor and on Ways and Means. Specifically, this report focuses on Division A (or I) of… Continue Reading
Deutsche Bank Research – Diabetes the price of increasing prosperity
Deutsche Bank Research – Diabetes the price of increasing prosperity, August 5, 2009 “Diabetes is spreading fast. Over the past ten years the number of diabetes patients (with considerably higher blood glucose levels than in healthy persons) has risen by 5% p.a. to approx. 250 million. The disease affects all regions of the world… Continue Reading
