Remarks by Mr Jaime Caruana, General Manager of the BIS, prepared for the IESE Business School conference on “Challenges for the future of banking: regulation, supervision and the structure of banking”, London, 26 November 2014. “The benefits of higher bank capital – absorbing losses, resolving incentive problems and internalising externalities related to systemic risk –… Continue Reading
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Monthly Archives: December 2014
Hospital-Based Emergency Departments: Background and Policy Considerations
CRS – Hospital-Based Emergency Departments: Background and Policy Considerations. Elayne J. Heisler, Specialist in Health Services; Nancy Leigh Tyler, Research Associate. December 8, 2014. “Hospital-based Emergency Departments (EDs) are required to stabilize patients with emergent conditions regardless of the patients’ ability to pay as a requirement of the Emergency Medical Treatment and Active Labor Act (EMTALA). Given this requirement, EDs… Continue Reading
Medicare Provider Utilization and Payment Data: Physician and Other Supplier
“As part of the Obama Administration’s efforts to make our healthcare system more transparent, affordable, and accountable, the Centers for Medicare & Medicaid Services (CMS) has prepared a public data set, the Medicare Provider Utilization and Payment Data: Physician and Other Supplier Public Use File (Physician and Other Supplier PUF), with information on services and… Continue Reading
Major Decisions: Graduates’ Earnings Growth and Debt Repayment
Brad Hershbein • Visiting Fellow, The Hamilton Project; Benjamin H. Harris • Policy Director, The Hamilton Project; Melissa S. Kearney • Director, The Hamilton Project. “Student debt is becoming the norm for young adults in America. Aggregate student loan debt has more than tripled over the past decade, as both the number of borrowers and the size… Continue Reading
Transitioning to Alternative Structures for Housing Finance
“More than six years after the federal government took control of Fannie Mae and Freddie Mac, policymakers are weighing a comprehensive overhaul of the mortgage finance system that could shrink or eventually close the two entities and create a system with more private capital. Fannie Mae and Freddie Mac were originally chartered as government-sponsored enterprises… Continue Reading
State and Local Government Spending Grows Faster Than Revenue
“Between 2007 and 2012, total expenditures for state and local governments increased by 18.2 percent, from $2.7 trillion to $3.2 trillion, while total revenue declined 1.1 percent over the same five-year period, from $3.1 trillion to $3.0 trillion, according to new U.S. Census Bureau data from the 2012 Census of Governments released today. Two major contributors… Continue Reading
New GAO Reports – Defense Infrastructure, Hanford Cleanup, Higher Education, NRC, Tax Filing Season
Defense Infrastructure: Risk Assessment Needed to Identify If Foreign Encroachment Threatens Test and Training Ranges, GAO-15-149: Published: Dec 16, 2014. Publicly Released: Dec 16, 2014. Hanford Cleanup: Condition of Tanks May Further Limit DOE’s Ability to Respond to Leaks and Intrusions, GAO-15-40: Published: Nov 25, 2014. Publicly Released: Dec 16, 2014. Higher Education: State Funding Trends and… Continue Reading
Freer and Sackler Galleries to Release Complete Digitized Collection Jan. 1, 2015
News release: “The Freer Gallery of Art and Arthur M. Sackler Gallery, the Smithsonian’s museums of Asian art, will release their entire collections online Jan. 1, 2015, providing unprecedented access to one of the world’s most important holdings of Asian and American art. The vast majority of the 40,000 artworks have never before been seen… Continue Reading
Plastic Pollution in the World’s Oceans: More than 5 Trillion Plastic Pieces Weighing over 250,000 Tons Afloat at Sea
Via PLOS ONE – Marcus Eriksen, Laurent C. M. Lebreton, Henry S. Carson, Martin Thiel, Charles J. Moore, Jose C. Borerro, Francois Galgani, Peter G. Ryan, Julia Reisser. Published: December 10, 2014. DOI: 10.1371/journal.pone.0111913 “Plastic pollution is ubiquitous throughout the marine environment, yet estimates of the global abundance and weight of floating plastics have lacked data, particularly from the Southern Hemisphere and remote regions. Here… Continue Reading
LexisNexis® Risk Solutions Releases Annual Mortgage Fraud Report
“LexisNexis® Risk Solutions announced the findings of its annual analysis of mortgage fraud in the U.S., revealing that despite improving economic conditions, mortgage fraud is still a national problem. In fact, mortgage application fraud and misrepresentation has grown for the past three years. Seventy-four percent of loans reported in 2013 involved some kind of fraud… Continue Reading
Legislation to Facilitate Cybersecurity Information Sharing: Economic Analysis
CRS – Legislation to Facilitate Cybersecurity Information Sharing: Economic Analysis. N. Eric Weiss, Specialist in Financial Economics. December 11, 2014. “Data breaches, such as those at Target, Home Depot, Neiman Marcus, and JPMorgan Chase, affecting financial records of tens of millions of households seem to occur regularly. Companies typically respond by trying to increase their cybersecurity by hiring consultants and purchasing new… Continue Reading
GPO Releases Official Digital and Print Version of Senate CIA Report
“The U.S. Government Printing Office (GPO) makes available the official and authentic digital and print versions of the Report of the Senate Select Committee on Intelligence Committee Study of the Central Intelligence Agency’s Detention and Interrogation Program, together with a forward by Chairman Feinstein and Additional and Minority Views (Senate Report 113-288). This document comprises the declassified Executive Summary… Continue Reading
