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Monthly Archives: February 2010

Commerce OIG – 2010 Census: Quarterly Report to Congress, February 2010

Testimony of Todd J. Zinser, Inspector General, Department of Commerce, before the Subcommittee on Federal Financial Management, Government Information, Federal Services, and International Security, Committee on Homeland Security and Governmental Affairs, United States Senate Tuesday, February 23, 2010: The 2010 Census: Update of Schedule, Cost, Risk Management, and Communications Activities 2010 Census: Quarterly Report to… Continue Reading

New GAO Reports: Aviation Safety, Sexual Assault Prevention in Military, Veterans' Disability Benefits, Higher Education

Aviation Safety: Preliminary Information on Aircraft Icing and Winter Operations, GAO-10-441T, February 24, 2010 Military Personnel: DOD’s and the Coast Guard’s Sexual Assault Prevention and Response Programs Need to Be Further Strengthened, GAO-10-405T, February 24, 2010 Veterans’ Disability Benefits: Opportunities Remain for Improving Accountability for and Access to Benefits Delivery at Discharge Program, GAO-10-450T, February… Continue Reading

Fed Chairman Bernanke's Semiannual Monetary Policy Report to the Congress

Chairman Ben S. Bernanke Semiannual Monetary Policy Report statement to the Congress Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. February 24, 2010 “Although the recession officially began more than two years ago, U.S. economic activity contracted particularly sharply following the intensification of the global financial crisis in the fall of… Continue Reading

Hearing: The Collection and Use of Location Information for Commercial Purposes

“The Subcommittee on Commerce, Trade, and Consumer Protection and the Subcommittee on Communications, Technology, and the Internet held a joint hearing titled, The Collection and Use of Location Information for Commercial Purposes, on Wednesday, February 24, 2010, in 2141 Rayburn House Office Building. The hearing examined privacy and other issues related to the commercial collection,… Continue Reading

CBO: Using a Different Measure of Inflation for Indexing Federal Programs and the Tax Code

Using a Different Measure of Inflation for Indexing Federal Programs and the Tax Code, Economic and Budget Issue Brief, February 24, 2010 “Federal laws try to protect taxpayers and recipients of government benefits from the effects of rising prices by specifying that dollar amounts in many parts of the tax code and in some programs… Continue Reading

What You Need to Know: New Overdraft Rules for Debit and ATM Cards

News release: “Bank account overdraft fees can be a source of unexpected costs for consumers. A new online Federal Reserve Board publication will help consumers better understand rules that provide additional protection when a debit card or automated teller machine (ATM) transaction causes an account to be overdrawn. Federal Reserve Board rules that take effect… Continue Reading

International Telecommunication Union: Measuring the Information Society 2010

2010 edition of Measuring the Information Society, “which features the latest ICT Development Index (IDI) and ICT Price Basket – two benchmarking tools to monitor information society developments worldwide. This new edition of the report highlights key trends at the global, regional and national levels, showcasing top performers and identifying the main drivers of change.… Continue Reading

FDIC Quarterly Banking Profile – December 31, 2009

FDIC Quarterly Banking Profile, Fourth Quarter 2009 “Fourth Quarter Earnings Are Slightly Above Break-Even: The benefits of a recovering economy and stable financial markets in year-over-year comparisons were evident in the performance of insured depository institutions in the fourth quarter. The small profit reported by the industry in the quarter essentially represented break-even performance, but… Continue Reading

NY State Comptroller: Wall Street Bonuses Rose Sharply in 2009

News release: “Wall Street bonuses paid to New York City securities industry employees rose by 17 percent to $20.3 billion in 2009, according to an estimate released today by State Comptroller Thomas P. DiNapoli. Total compensation at the largest securities firms grew even faster and industry profits could exceed an unprecedented $55 billion in 2009,… Continue Reading