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Daily Archives: April 9, 2012

New GAO Reports – Army Corps of Engineers, Defense Acquisitions, Military Personnel

  • Army Corps of Engineers – Peer Review Process for Civil Works Project Studies Can Be Improved, GAO-12-352, Mar 8, 2012
  • Defense Acquisitions – Further Actions Needed to Improve Accountability for DOD’s Inventory of Contracted Services, GAO-12-357, Apr 6, 2012: “DOD relies on contractors to perform many functions, which can offer benefits for DOD. GAO’s work has shown that reliance on contractors to support core missions, however, can place DOD at risk of contractors performing inherently governmental functions.”
  • Military Personnel – Prior GAO Work on DOD’s Actions to Prevent and Respond to Sexual Assault in the Military, GAO-12-571R, Mar 30, 2012

Speech by Federal Reserve Chairman Bernanke on fostering financial stability

Chairman Ben S. Bernanke, April 9, 2012: “…An important example of our strengthened, cross-firm supervisory approach is the recently completed second annual Comprehensive Capital Analysis and Review (CCAR). In the CCAR, the Federal Reserve assessed the internal capital planning processes of the 19 largest bank holding companies and evaluated their capital adequacy under a very… Continue Reading

CDT Analysis of EC's Proposed Data Protection Regulation

CDT Analysis of the European Commission’s Proposed Data Protection Regulation CDT strongly supports the use of the Regulation instrument to harmonize data protection across the common market and the renewed emphasis on stronger enforcement to provide data subjects with consistent, predictable privacy rights. CDT proposes a clarification that the Regulationʼs requirement of parental consent only… Continue Reading

Microsoft Purchases Majority of AOL's Intellectual Property, Including Netscape Patents

Ben Kersey: “Microsoft and AOL …signed a deal that would see MSFT pick up 800 of AOL’s patents for around $1 billion in cash. The deal is expected to close at the end of 2012, with Microsoft being able to leverage AOL’s remaining 300 patents under a non-exclusive license. As it turns out, there was… Continue Reading

U.S. records warmest March; more than 15,000 warm temperature records broken

NOAA: “First quarter of 2012 also warmest on record; early March tornado outbreak is year’s first “billion dollar disaster” Record and near-record breaking temperatures dominated the eastern two-thirds of the nation and contributed to the warmest March on record for the contiguous United States, a record that dates back to 1895. More than 15,000 warm… Continue Reading

Report – Why Young People Are Driving Less and What It Means for Transportation Policy

Transportation and the New Generation Why Young People Are Driving Less and What It Means for Transportation Policy, Frontier Group, U.S. PIRG Education Fund – April 2012 “From World War II until just a few years ago, the number of miles driven annually on America’s roads steadily increased. Then, at the turn of the century,… Continue Reading

Alleviating Poverty in the United States: The Critical Role of SNAP Benefits

Alleviating Poverty in the United States: The Critical Role of SNAP Benefits, by Laura Tiehen, Dean Jolliffe, and Craig Gundersen – Economic Research Report No. (ERR-132) 30 pp, April 2012 “The Supplemental Nutrition Assistance Program (SNAP) is one of the largest safety net programs in the United States, serving 44.7 million individuals in an average… Continue Reading

New York Fed releases report on domestic open market operations during 2011

A Report Prepared for the Federal Open Market Committee by the Markets Group of the Federal Reserve Bank of New York, March 2012 “Domestic open market operations in 2011 were shaped by continuing efforts of the Federal Open Market Committee (FOMC) to provide additional policy accommodation by adjusting the size and composition of the Federal… Continue Reading