News release: “The Federal Reserve Board on Tuesday published lists of institutions that are subject to, and exempt from, the debit card interchange fee standards in Regulation II, which implements provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. These lists, available here, are intended to help payment card networks and others determine which issuers qualify for the statutory exemption from interchange fee standards. The statute exempts any debit card issuer that, together with its affiliates, has assets of less than $10 billion.”
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Daily Archives: July 12, 2011
New GAO Reports – Child Fatalities from Maltreatment, Fraud Detection Systems, NASA Contract Terminations,
Child Fatalities from Maltreatment: National Data Could Be Strengthened, GAO-11-811T, July 12, 2011. Fraud Detection Systems: Additional Actions Needed to Support Program Integrity Efforts at Centers for Medicare and Medicaid Services, GAO-11-822T, July 12, 2011 NASA Needs to Better Assess Contract Termination Liability Risks and Ensure Consistency in Its Practices, GAO-11-609R, July 12, 2011 Improvements… Continue Reading
EPA Strengthens Key Scientific Database to Protect Public Health
News release: “The U.S. Environmental Protection Agency today announced plans to improve its Integrated Risk Information System (IRIS) program as part of an ongoing effort initiated in 2009 to strengthen the program. IRIS is a publicly available on-line database that provides high quality science-based human health assessments used to inform the agencys decisions on protecting… Continue Reading
Consumer Financial Protection Bureau Outlines Bank Supervision Approach
News release: “The Consumer Financial Protection Bureau (CFPB) today outlined the agencys approach to supervising large depository institutions to ensure compliance with federal consumer financial protection laws a supervisory process that will begin on July 21, 2011. The new consumer agency is here to make sure that markets work for American families, and our… Continue Reading
The U.S.-Canada Energy Relationship: Joined at the Well
CRS The U.S.-Canada Energy Relationship: Joined at the Well – July 12, 2011 “The United States and Canada, while independent countries, effectively comprise a single integrated market for petroleum and natural gas. Canada is the single largest foreign supplier of petroleum products and natural gas to the United Statesand the United States is the… Continue Reading
CRS – Reducing the Budget Deficit: The President's Fiscal Commission and Other Initiatives
CRS Reducing the Budget Deficit: The President’s Fiscal Commission and Other Initiatives. April 29, 2011 – R41784 “The federal budget is on an unsustainable path. Though deficit levels are currently elevated, they are expected to fall towards the middle part of the decade as the economic recovery continues. Looking beyond this decade, however, the… Continue Reading
