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Monthly Archives: March 2015

Federal Reserve Board and Federal Open Market Committee release economic projections from the March 17-18 FOMC meeting

Release Date: March 18, 2015 – “Information received since the Federal Open Market Committee met in January suggests that economic growth has moderated somewhat. Labor market conditions have improved further, with strong job gains and a lower unemployment rate. A range of labor market indicators suggests that underutilization of labor resources continues to diminish. Household… Continue Reading

Mussel Watch Contaminant Monitoring

National Ocean Service: “Mussel Watch represents the longest running continuous contaminant monitoring program in U.S. coastal and Great Lakes waters. The project was developed to analyze chemical and biological contaminant trends in sediments and bivalve tissues collected at over 300 coastal sites from 1986 to present. Parameters monitored include sediment and bivalve tissue chemistry for… Continue Reading

The HTTPS-Only Standard proposed by OMB

“The American people expect government websites to be secure and their interactions with those websites to be private. Hypertext Transfer Protocol Secure (HTTPS) offers the strongest privacy protection available for public web connections with today’s internet technology. The use of HTTPS reduces the risk of interception or modification of user interactions with government online services.… Continue Reading

New GAO Reports – Crop Insurance, Security Clearances

Crop Insurance: Reducing Subsidies for Highest Income Participants Could Save Federal Dollars with Minimal Effect on the Program, GAO-15-356: Published: Mar 18, 2015. Publicly Released: Mar 18, 2015: “The federally subsidized crop insurance program helps about 1 million participants manage the risk inherent in farming. In recent years, the government’s costs for the crop insurance… Continue Reading

OECD Economic Outlook and Interim Global Economic Assessment

“Low oil prices and monetary easing are boosting growth in the world’s major economies, but  the near-term pace of expansion remains modest, with abnormally low inflation and interest rates pointing to risks of financial instability, according to the OECD’s latest Interim Economic Assessment. Strong domestic demand is driving growth in the United States, which, combined with… Continue Reading

Congress’s International Legal Discourse

Cope, Kevin L., Congress’s International Legal Discourse (March 16, 2015). Michigan Law Review, Vol. 114 (2015, Forthcoming). Available for download at SSRN: http://ssrn.com/abstract=2578919 “Despite Congress’s important role in enforcing international law obligations, the relevant existing literature largely ignores the branch. This omission may stem partly from the belief, common among both academics and lawyers, that… Continue Reading

Federal Reserve Board announces proposal requiring banking organizations to include existing Legal Entity Identifiers on certain regulatory reporting forms

“The Federal Reserve Board on Monday announced a proposal that would require banking organizations to include their existing Legal Entity Identifiers (LEIs) on certain regulatory reporting forms. The LEI is a unique reference code to enable easier identification of a firm’s legal entities. During the financial crisis, regulators and the public were often unable to… Continue Reading

The Effects of Potential Cuts in SNAP Spending on Households With Different Amounts of Income

CBO – “The Supplemental Nutrition Assistance Program (SNAP, formerly known as Food Stamps) provides benefits to low-income households to help them buy food. Total federal expenditures on SNAP amounted to $76 billion in fiscal year 2014. In an average month that year, 47 million people (or one in seven U.S. residents) received SNAP benefits. Some… Continue Reading