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Category Archives: Legislation

Goldman Sachs Agrees to Pay More than $5B in Connection with Sale of Residential Mortgage Backed Securities

DOJ news release, April 11, 2016: “The Justice Department, along with federal and state partners, announced today a $5.06 billion settlement with Goldman Sachs related to Goldman’s conduct in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities (RMBS) between 2005 and 2007.  The resolution announced today requires Goldman to pay $2.385 billion… Continue Reading

The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress

Written Testimony of CFPB Director Richard Cordray Before the Senate Committee on Banking, Housing, and Urban Affairs By Richard Cordray, April 7, 2016. “Chairman Shelby, Ranking Member Brown, and Members of the Committee, thank you for the opportunity to testify today about the Consumer Financial Protection Bureau’s Semi-Annual Report to Congress. I appreciate our continued… Continue Reading

CRS – Medicare Primer

Medicare Primer, March 31, 2016: “Medicare is a federal program that pays for covered health care services of qualified beneficiaries. It was established in 1965 under Title XVIII of the Social Security Act to provide health insurance to individuals 65 and older, and has been expanded over the years to include permanently disabled individuals under… Continue Reading

Cybersecurity: Legislation, Hearings, and Executive Branch Documents

CRS Report – Cybersecurity: Legislation, Hearings, and Executive Branch Documents, Rita Tehan, Information Research Specialist. March 30, 2016. “Cybersecurity vulnerabilities challenge governments, businesses, and individuals worldwide. Attacks have been initiated against individuals, corporations, and countries. Targets have included government networks, companies, and political organizations, depending upon whether the attacker was seeking military intelligence, conducting diplomatic… Continue Reading

Paper – Notice and Takedown in Everyday Practice

Urban, Jennifer M. and Karaganis, Joe and Schofield, Brianna L., Notice and Takedown in Everyday Practice (March 29, 2016). Available for download at SSRN: http://ssrn.com/abstract=2755628 “It has been nearly twenty years since section 512 of the Digital Millennium Copyright Act established the so-called notice and takedown process. Despite its importance to copyright holders, online service… Continue Reading

GAO Reports – Drinking Water, Financial Regulation, IRS Information Security

Drinking Water: EPA Needs to Collect Information and Consistently Conduct Activities to Protect Underground Sources of Drinking Water, GAO-16-281: Published: Feb 26, 2016. Publicly Released: Mar 28, 2016: “The Environmental Protection Agency (EPA) has not collected specific inspection and complete or consistent enforcement information, or consistently conducted oversight activities, to assess whether state and EPA-managed… Continue Reading

Access to Government Information in the United States: A Primer

Via FAS – CRS Report – Access to Government Information in the United States: A Primer, Wendy Ginsberg – Analyst in American National Government; Michael Greene, Information Research Specialist. March 18, 2016. “…This report offers an introduction to the four access laws and provides citations to additional resources related to these statutes. This report includes… Continue Reading

Annual Report to Congress: Federal Information Security Modernization Act

Submitted by OMB, March 18, 2016 – “The attached report is submitted pursuant to Section 3553 of the Federal Information Security Modernization Act of 2014 (P.L. 113-283), which requires the Office of Management and Budget (OMB) to submit an annual report on the effectiveness of information security policies and practices during the preceding year and… Continue Reading

Former Presidents: Pensions, Office Allowances, and Other Federal Benefits

CRS Report via FAS – Former Presidents: Pensions, Office Allowances, and Other Federal Benefits, Wendy Ginsberg, Analyst in American National Government; Daniel J. Richardson, Research Assistant, March 16, 2016. “The President’s FY2017 budget request seeks $3,865,000 in appropriations for expenditures for former Presidents, an increase of $588,000 (17.9%) from the FY2016 appropriation level. The increase… Continue Reading

FHWA Announces New Safety Performance Measures, Including Bicycle-Pedestrian Safety

“The U.S. Department of Transportation’s Federal Highway Administration (FHWA) [March 14, 2016] published new safety performance measures as part of its national safety program, calling for state and regional targets to help reduce highway deaths and injuries, including for the first time, those among people walking and bicycling. The new regulations call for improved data… Continue Reading

The Political Economy of Corporate Financial Regulatory Legislation

Wilt, Michael Patrick, The Political Economy of Corporate Financial Regulatory Legislation (February 19, 2016). John Marshall Law Review, Vol. 49, No. 3, 2016. Available  for download at SSRN: http://ssrn.com/abstract=2734991 “Every few years over the last several decades, Congress has been faced with the question of how to best regulate corporate financial activities. In the late… Continue Reading