News release: “Payments to 4.2 million borrowers are scheduled to begin on April 12 following an agreement reached by the Office of the Comptroller of the Currency and the Federal Reserve Board with 13 mortgage servicers. The agreement, which was reached earlier this year, provides $3.6 billion in cash payments to borrowers whose homes were… Continue Reading
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Author Archives: Sabrina I. Pacifici
Insurance and financial stability: a Basel view
Insurance and financial stability: a Basel view. “Prepared remarks by Jaime Caruana, General Manager of the Bank for International Settlements, before the International Association of Insurance Supervisors, Bottmingen, Switzerland, 20 March 2013. BIS General Manager Jaime Caruana speaks about the importance of the work that the International Association of Insurance Supervisors and the supervisory community… Continue Reading
Wage and price dynamics in a large emerging economy: The case of China
Wage and price dynamics in a large emerging economy: The case of China, by Carsten A Holz and Aaron Mehrotra. Working Papers No 409, April 2013 “This study finds that the growth in labour costs in China is not passed through fully to final prices in China, neither in the tradable goods sector nor in… Continue Reading
The Recess Appointment Power After Noel Canning v. NLRB
The Recess Appointment Power After Noel Canning v. NLRB: Constitutional Implications. Todd Garvey, Legislative Attorney, David H. Carpenter, Legislative Attorney – March 27, 2013 “Under the Appointments Clause, the President is empowered to nominate and appoint principal officers of the United States, but only with the advice and consent of the Senate. In addition to… Continue Reading
EPIC Sues FBI to Obtain Details of Massive Biometric ID Database
“EPIC has filed a Freedom of Information Act lawsuit against the FBI to obtain documents about “Next Generation Identification“, a massive database with biometric identifiers on millions of Americans. The EPIC lawsuit follows the FBI’s failure to respond to EPIC’s earlier FOIA requests for technical specifications and contracts. According to EPIC’s complaint, “When completed, the… Continue Reading
"Federal Agencies Feeling the Immediate Demand for Alternative Funding"
News release: “Sixty-two percent of Federal managers report personal experience with tighter budgets and 51 percent have seen the impact in programs that they depend on to complete their agency missions. These budget cuts increasingly put agency missions at risk and as a result agencies are exploring more innovative approaches to funding, according to a… Continue Reading
It Takes More Than a Major: Employer Priorities for College Learning and Student Success
“Liberal Education and Americas Promise (LEAP) is a national advocacy, campus action, and research initiative that champions the importance of a twenty-first century liberal educationfor individuals and for a nation dependent on economic creativity and democratic vitality.” 2013 national survey of employers report, It Takes More Than a Major: Employer Priorities for College Learning and… Continue Reading
Until Debt Do Us Part: Subnational Debt, Insolvency, and Markets
Canuto, Otaviano; Liu, Lili. 2013. Until Debt Do Us Part: Subnational Debt, Insolvency, and Markets.© Washington, DC: World Bank. Date: 2013-02-13 “With decentralization and urbanization, the debts of state and local governments and of quasi-public agencies have grown in importance. Rapid urbanization in developing countries requires large-scale infrastructure financing to help absorb influxes of rural… Continue Reading
New GAO Reports – NextGen Air Transportation System, Private Pensions
NextGen Air Transportation System – FAA Has Made Some Progress in Midterm Implementation, but Ongoing Challenges Limit Expected Benefits, GAO-13-264, Apr 8, 2013: “The Federal Aviation Administration (FAA) is pursuing key operational improvements to implement the Next Generation Air Transportation System (NextGen) in the “midterm,” which is 2013 through 2018. These improvements focus on establishing… Continue Reading
Reduce, reuse, recycle: green technologies and practices at work
BLS – Reduce, reuse, recycle: green technologies and practices at work, by Audrey Watson: “Fifty-seven percent of businesses in the United States used green technologies or practices to improve energy efficiency within their establishments in August 2011, and over half used green technologies and practices to reduce or eliminate the creation of waste materials as… Continue Reading
The Temporary Assistance for Needy Families (TANF) Block Grant
CRS – The Temporary Assistance for Needy Families (TANF) Block Grant: A Primer on TANF Financing and Federal Requirements. Gene Falk, Specialist in Social Policy – April 2, 2013 “The Temporary Assistance for Needy Families (TANF) block grant provides federal grants to the 50 states, the District of Columbia, American Indian tribes, and the territories… Continue Reading
New – Central Library of the General Secretariat of the Council of the European Union and of the European Council
Carlo Marzocchi – Head of Sector, Library & Information Service: “The Council of the European Union is the European Union institution where the Member States’ ministers responsible for specific areas (e.g. finance, health, education) meet to discuss issues of common concern within their countries. The European Council consists of the Heads of State, or Government,… Continue Reading
