New Member Pictorial Directory: 114th Congress. Prepared by the Committee on House Administration – Candice S. Miller, Chairman; Robert A. Brady, Pennsylvania, Ranking Minority Member. November 10, 2014.
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Daily Archives: November 12, 2014
Symantec – Government agencies and private sector businesses are drowning in information
Navigating Information Governance – “In addition to managing the growing variety, velocity, and volume of data, they must: Meet information transparency objectives Respond quickly to eDiscovery requirements Manage Freedom of Information Act (FOIA) requests and internal investigations Comply with records management regulations With data requirements skyrocketing, how can organizations leverage information governance to meet this… Continue Reading
WaPo – Chinese hack U.S. weather systems, satellite network
Mary Pat Flaherty, Jason Samenow and Lisa Rein: “Hackers from China breached the federal weather network recently, forcing cybersecurity teams to seal off data vital to disaster planning, aviation, shipping and scores of other crucial uses, officials said. The intrusion occurred in late September but officials gave no indication that they had a problem until Oct. 20,… Continue Reading
OCC Fines Three Banks $950 Million for FX Trading Improprieties
News release: “The Office of the Comptroller of the Currency (OCC) today assessed $950 million in fines against three national banks for unsafe or unsound practices related to their foreign exchange (FX) trading businesses. The fines against Bank of America, N.A.; Citibank, N.A.; and JPMorgan Chase Bank, N.A., follow multiagency examinations and investigations of the banks’… Continue Reading
Pew – Banking practices at financial institutions serving the military
“An earlier version of “Checks and Balances, Stars and Stripes,” a report on checking account practices of banks and credit unions on military installations, included several incorrect or incomplete statements and data points regarding transaction ordering. We take accuracy very seriously. The original report and accompanying news release, published on October 28, were revised and… Continue Reading
Do Compensation Consultants Enable Higher CEO Pay?
Chu, Jenny and Faasse, Jonathan and Rau, P. Raghavendra, Do Compensation Consultants Enable Higher CEO Pay? New Evidence from Recent Disclosure Rule Changes (September 23, 2014). Available for download at SSRN: http://ssrn.com/abstract=2500054 or http://dx.doi.org/10.2139/ssrn.2500054 “In July 2009, the SEC announced additional disclosure rules requiring firms that purchase other services from their compensation consultants to disclose fees… Continue Reading
World Oil Transit Chokepoints
EIA: World Oil Transit Chokepoints – Last Updated: November 10, 2014 “World chokepoints for maritime transit of oil are a critical part of global energy security. About 63% of the world’s oil production moves on maritime routes. The Strait of Hormuz and the Strait of Malacca are the world’s most important strategic chokepoints by volume… Continue Reading
Immigration Detainers Decline 39 Percent Since FY 2012
“There has been a dramatic drop in the number of detainers issued by Immigration and Customs Enforcement (ICE), according to the latest available data from the agency. In the eighteen month period from the end of FY 2012 through March 2014, there has been a 39 percent decrease in the number of ICE detainers sent… Continue Reading
The Distribution of Household Income and Federal Taxes, 2011
“In 2011, according to CBO’s estimates, average household market income—a comprehensive income measure that consists of labor income, business income, capital income (including capital gains), and retirement income—was approximately $81,000. Government transfers, which include benefits from programs such as Social Security, Medicare, and unemployment insurance, averaged approximately $13,000 per household. The sum of those two… Continue Reading
The Employment Status and Occupations of Gulf War-Era Veterans
“A new report, “The Employment Status and Occupations of Gulf War-Era Veterans,” looks at those Gulf War veterans who began service on or after August 1990, the official start of the first Gulf War. It differentiates between “Gulf War I” veterans — those who served only during the August 1990 to August 2001 period —… Continue Reading
New GAO Reports – Defense Contract Audit Agency, IRS Financial Audit, Spent Nuclear Fuel Management, Federal Real Property
DEFENSE CONTRACT AUDIT AGENCY: Additional Guidance Needed Regarding DCAA’s Use of Companies’ Internal Audit Reports, GAO-15-44: Published: Nov 12, 2014. Publicly Released: Nov 12, 2014. FINANCIAL AUDIT: IRS’s Fiscal Years 2014 and 2013 Financial Statements, GAO-15-173: Published: Nov 12, 2014. Publicly Released: Nov 12, 2014. SPENT NUCLEAR FUEL MANAGEMENT: Outreach Needed to Help Gain Public Acceptance for Federal Activities That Address Liability, GAO-15-141: Published:… Continue Reading
