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Daily Archives: July 22, 2011

FTC Proposes 'Lighting Facts' Labels for Additional Types of Light Bulbs to Help Consumers

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“The Federal Trade Commission is seeking public comments on proposed amendments to the Appliance Labeling Rule that would require a “Lighting Facts” label on additional types of light bulbs to help consumers select the most efficient bulbs to meet their lighting needs, and a specific test procedure for light-emitting diode (LED) bulbs. Under direction from Congress to examine the effectiveness of light bulb labels, the FTC introduced a new “Lighting Facts” label in July 2010 for medium screw-base light bulbs. The new labels will help consumers choose among incandescent bulbs and high-efficiency compact fluorescent (CFL) and LED bulbs as new energy standards imposed by Congress begin to phase out traditional incandescent bulbs from the market. The new label, which will appear on these bulb packages beginning next year, provides information on brightness, annual energy cost, life, color appearance, and energy use.”

  • For more information about the Lighting Facts Label, watch the FTC’s light bulb video or visit FTC.gov/lightbulbs. The FTC also offers Shopping for light bulbs? Learning about lumens is a bright idea and Labeling Your Light Bulbs with“Lighting Facts”: Questions and Answers for Manufacturers.

    • New GAO Reports: Emergency Preparedness, Information Sharing Environment, Medicare Part D

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    Emergency Preparedness – Agencies Need Coordinated Guidance on Incorporating Telework into Emergency and Continuity Planning, GAO-11-628, July 22, 2011 Information Sharing Environment – Better Road Map Needed to Guide Implementation and Investments, GAO-11-455, July 22, 2011 Medicare Part D, Changes in Utilization Similar for Randomly Reassigned and Other Low-Income Subsidy Beneficiaries, GAO-11-546R, July 22, 2011 Continue Reading

    Federal Reserve: Credit and Liquidity Programs and the Balance Sheet

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    Federal Reserve SystemMonthly Report on Credit and Liquidity Programs and the Balance Sheet, July 2011: “The Overview section of this report highlights developments in the operations of the Federal Reserve’s credit and liquidity programs and facilities since last month’s report, and presents data describing changes in the assets, liabilities, and total capital of the Federal… Continue Reading

    Study on the Resolution of Financial Companies under the Bankruptcy Code

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    Study on the Resolution of Financial Companies under the Bankruptcy Code, July 2011 “Under section 216 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act), the Board of Governors of the Federal Reserve System (the Board), in consultation with the Administrative Office of the United States Courts (the Administrative Office),… Continue Reading

    Reuters investigation: many banks are still employing the controversial foreclosure practices that sparked a major outcry last year

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    Mortgage Mess Redux: Robo-signers return: “A Reuters investigation finds that many banks are still employing the controversial foreclosure practices that sparked a major outcry last year,” by Scot J. Paltrow, July 19, 2011. “Reuters has found that some of the biggest U.S. banks and other “loan servicers” continue to file questionable foreclosure documents with courts… Continue Reading