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  • Renee Jones to Join SEC as Director of Corporation Finance; John Coates Named SEC General Counsel

    Renee Jones to Join SEC as Director of Corporation Finance; John Coates Named SEC General Counsel | site |



    (Information contained in U.S. Securities and Exchange Commission [SEC] press release dated: June 14, 2021)

    Washington D.C., June 14, 2021 - - The Securities and Exchange Commission today announced that Renee Jones has been appointed Director of the Division of Corporation Finance. John Coates, the Division’s current Acting Director, has been named SEC General Counsel. Both appointments are effective June 21, 2021.



    Renee Jones

    Jones most recently served as Professor of Law and Associate Dean for Academic Affairs at Boston College Law School, where she taught courses in corporations, securities regulation, startup company governance, and financial regulation. Previously, she represented private and public companies on corporate and securities matters at Hill & Barlow law firm. Jones is a member of the...
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  • Testimony of Secretary of the Treasury Janet L. Yellen to the Committee on Ways and Means, U.S. House of Representatives

    Testimony of Secretary of the Treasury Janet L. Yellen to the Committee on Ways and Means, U.S. House of Representatives | site |




    (Information contained in U.S. Department of the Treasury press release dated: June 17, 2021)


    Testimony of Secretary of the Treasury Janet L. Yellen to the Committee on Ways and Means, U.S. House of Representatives


    Chairman Neal, Ranking Member Brady, it’s a pleasure to be with you. When I took office back in January, the first – and most urgent – problem confronting our economy was obviously the pandemic: helping people make it to the other side of the crisis and ensuring they were met there by a robust recovery. Thanks to this Congress – and its passage of the American Rescue Plan – I believe we are well on our way towards that goal. But we have to be clear-eyed about something: The pandemic was not our only economic problem. Long before a single American was infected w...
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  • Federal Reserve Board and Federal Open Market Committee release Economic Projections from the June 15-16 FOMC Meeting

    Federal Reserve Board and Federal Open Market Committee release Economic Projections from the June 15-16 FOMC Meeting | site |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 16, 2021)

    The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the June 15-16 meeting.

    Projections (PDF) | Accessible Materials
    ...
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  • U.S. Department of the Treasury Issues Additional COVID-19-related Sanctions Authorizations and Guidance

    U.S. Department of the Treasury Issues Additional COVID-19-related Sanctions Authorizations and Guidance | site |



    (Information contained in U.S. Department of the Treasury press release dated: June 17, 2021) Washington - - Today, in order to further aid the global fight against COVID-19, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three general licenses (referred to as the COVID-19-related GLs) to build upon Treasury’s existing authorizations for COVID-19-related transactions and activities. The new COVID-19-related GLs expand upon longstanding humanitarian exemptions, exceptions, and authorizations to cover additional COVID-19-related transactions and activities. These include transactions and activities involving the delivery of face masks, ventilators and oxygen tanks, vaccines and the production of vaccines, COVID-19 tests, air filtration systems, and COVID-19-related field hospitals, ...
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  • Federal Reserve Board Chair Powell will host Town Hall with Educators August 2, 2021 at 4 p.m. EDT

    Federal Reserve Board Chair Powell will host Town Hall with Educators August 2, 2021 at 4 p.m. EDT | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 17, 2021)

    Federal Reserve Board Chair Jerome H. Powell will host a town hall with educators on August 2, 2021 at 4 p.m. EDT. During the event, Chair Powell will respond to questions asked by participants who will join the event virtually from across the country.

    The event will be broadcast at federalreserve.gov and at youtube.com/federalreserve. Viewers can follow the Federal Reserve Board on Twitter at @FederalReserve, on Facebook at facebook.com/federalreserve, and join in on the discussion by using the hashtag: #FedTownHall.
    ...
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  • U.S. Securities and Exchange Commission Charges Issuer With Cybersecurity Disclosure Controls Failures

    U.S. Securities and Exchange Commission Charges Issuer With Cybersecurity Disclosure Controls Failures | site |



    (Information contained in U.S. Securities and Exchange Commission [SEC] press release dated: June 15, 2021) Washington D.C., June 15, 2021 — - - The Securities and Exchange Commission today announced settled charges against real estate settlement services company First American Financial Corporation for disclosure controls and procedures violations related to a cybersecurity vulnerability that exposed sensitive customer information. According to the SEC’s order, on the morning of May 24, 2019, a cybersecurity journalist notified First American of a vulnerability with its application for sharing document images that exposed over 800 million images dating back to 2003, including images containing sensitive personal data such as social security numbers and financial information. In response, according to the order, First Ame...
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  • Testimony of Secretary of the Treasury Janet L. Yellen to the Committee on Finance, U.S. Senate

    Testimony of Secretary of the Treasury Janet L. Yellen to the Committee on Finance, U.S. Senate | site |




    (Information contained in U.S. Department of the Treasury press release dated: June 16, 2021) Chairman Wyden, Ranking Member Crapo, it’s a pleasure to be with you. When I took office back in January, the first – and most urgent – problem confronting our economy was obviously the pandemic: helping people make it to the other side of the crisis and ensuring they were met there by a robust recovery. Thanks to this Congress – and its passage of the American Rescue Plan – I believe we are well on our way towards that goal. But we have to be clear-eyed about something: The pandemic was not our only economic problem. Long before a single American was infected with COVID-19, millions of people in this country were running up against a series of long-term, structural economic challenges that undermined their ability to make a good living. For instanc...
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  • Federal Reserve announces the extension of its Temporary U.S. Dollar Liquidity Swap Lines with nine Central Banks through December 31, 2021

    Federal Reserve announces the extension of its Temporary U.S. Dollar Liquidity Swap Lines with nine Central Banks through December 31, 2021 | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 16, 2021) The Federal Reserve on Wednesday announced the extension of its temporary U.S. dollar liquidity swap lines with nine central banks through December 31, 2021. These arrangements were first announced on March 19, 2020 to ease strains in global dollar funding markets resulting from the COVID-19 shock and to mitigate the effect of such strains on the supply of credit to households and businesses, both domestically and abroad. Extensions to the facility through March 2021 and later through September 2021 were announced on July 29, 2020 and December 16, 2020, respectively. A further extension of the temporary swap lines will help sustain improvements in global U.S. dollar funding mar...
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  • Federal Reserve issues Federal Open Market Committee Statement

    Federal Reserve issues Federal Open Market Committee Statement

    Federal Reserve issues Federal Open Market Committee Statement | site |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 16, 2021) The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. Progress on vaccinations has reduced the spread of COVID-19 in the United States. Amid this progress and strong policy support, indicators of economic activity and employment have strengthened. The sectors most adversely affected by the pandemic remain weak but have shown improvement. Inflation has risen, largely reflecting transitory factors. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses. The path of the economy will depend significantly on the course of the virus. Progres...
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  • Flexible Spending Accounts - - - Special Enrollment Period and New Flexibilities for the 2020 and 2021 Plan Years

    Flexible Spending Accounts: Special Enrollment Period and New Flexibilities for the 2020 and 2021 Plan Years | site |




    (Information contained in U.S. Office of Personnel Management [OPM] press release dated: June 14, 2021)

    In response to recent legislation (Consolidated Appropriations Act (CAA) and American Rescue Plan Act (ARPA) 2021) and IRS guidance, the Federal Flexible Spending Account Program (FSAFEDS) is announcing a Special Enrollment Period (SEP) and new flexibilities for the 2020 and 2021 plan years to Health Care Flexible Spending Accounts (HCFSAs), Limited Expense Health Care Flexible Spending Accounts (LEX HCFSAs), and Dependent Care Flexible Spending Accounts (DCFSAs). The SEP will be from June 1 through June 30. For questions, please contact FSAFEDS by visiting www.FSAFEDS.com or by calling 1-877-FSAFEDS (372-3337.
    ...
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  • U.S. Treasury Awards 1.25 Billion Dollars to CDFIs to Support Economic Relief in Underserved Communities Affected by COVID-19

    U.S. Treasury Awards $1.25 Billion to Community Development Financial Institutions to Support Economic Relief in Underserved Communities Affected by COVID-19 | site |



    Announcement Made by Vice President Harris Alongside Treasury Secretary Janet Yellen, U.S. Senator Mark Warner, and U.S. Representative Maxine Waters


    (Information contained in U.S. Department of the Treasury press release dated: June 15, 2021)

    Washington - - The U.S. Department of the Treasury today awarded $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs). The awards were announced today by Vice President Kamala Harris at the White House with Treasury Secretary Janet L. Yellen. The grants will be made through Treasury’s CDFI Rapid Response Program (CDFI RRP) and will provide necessary capital for CDFIs to respond to economic challenges created by the COVID-19 pandemic, particularly in
    ...
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  • U.S. Department of the Treasury Announces Key Staff Appointments

    U.S. Department of the Treasury Announces Key Staff Appointments

    U.S. Department of the Treasury Announces Key Staff Appointments | site |


    (Information contained in U.S. Department of the Treasury press release dated: June 14, 2021)

    Washington - - Today, the United States Department of the Treasury announced three key additions to Treasury staff. These distinguished and diverse individuals join Treasury prepared to deliver results for the American people.

    Biographies of the appointees are listed below in alphabetical order:




    Kayla Arslanian, Deputy Executive Secretary, Office of the Executive Secretary

    Kayla Arslanian joins the Treasury Department from the New York City Mayor's Office, where she most recently served as Deputy Chief of Staff to Mayor Bill de Blasio. As a member of the senior leadership team responding to New York City’s COVID-19 crisis, Arslanian was responsible for increasing the city’s testing capacity and led planning efforts...
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  • Testimony of Secretary of the Treasury Janet L. Yellen to the Subcommittee on State, Foreign Operations, and Related Programs, U.S. House of Representatives

    Testimony of Secretary of the Treasury Janet L. Yellen to the Subcommittee on State, Foreign Operations, and Related Programs, U.S. House of Representatives | site |




    (Information contained in U.S. Department of the Treasury press release dated: June 10, 2021)


    Testimony of Secretary of the Treasury Janet L. Yellen to the Subcommittee on State, Foreign Operations, and Related Programs, U.S. House of Representatives


    Chairwoman Lee, Ranking Member Rogers, and members of the Subcommittee, it’s a pleasure to join you today. When I took office, one of my greatest concerns was a K-shaped recovery from the pandemic; a recovery where high-income households rebounded quickly – or even emerged better-off – while low- and middle-income families suffered for a very long time. We can be confident now that’s not going to happen, thanks in part to your support of the fiscal stimulus in the American Rescue Plan. The same, tho...
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  • Federal Reserve Board announces that Results from its Bank Stress Tests will be released on Thursday, June 24, at 4:30 p.m. EDT

    Federal Reserve Board announces that Results from its Bank Stress Tests will be released on Thursday, June 24, at 4:30 p.m. EDT | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 7, 2021) The Federal Reserve Board announced on Monday that results from its bank stress tests will be released on Thursday, June 24, at 4:30 p.m. EDT. Stress tests help ensure that banks have adequate capital to absorb losses so that they can lend to households and businesses even in a severe recession. For the 2021 stress tests, the resilience of large banks is being tested against a hypothetical recession featuring a severe global downturn with substantial stress in commercial real estate and corporate debt markets. Banks with more than $100 billion in total consolidated assets are subject to the Board's stress tests. The smaller banks among those subject to the Board's stress test are only required to pa...
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  • Remarks by U.S. Secretary of the Treasury Janet L. Yellen at the SelectUSA Investment Summit

    Remarks by U.S. Secretary of the Treasury Janet L. Yellen at the SelectUSA Investment Summit | site |




    (Information contained in U.S. Department of the Treasury Statements and Remarks press release dated: June 7, 2021)

    As prepared for pre-recorded video Hello. It’s wonderful to join you to today. I want to thank the Secretary Raimondo and the Commerce Department for inviting me to say a few words about the US economy – and where our administration would like to guide it in the coming years. As you’re likely aware, our economy is in the midst of a rapid transition. With more and more Americans vaccinated, and more businesses resuming normal operations every day, our economy is returning to its pre-pandemic state. Increasingly, the question we are asking is not: What will the economy look like in 2022? By next year, I expect our economy to be back at full employment, in large part because we’ve provided an historic amount
    ...
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  • Federal Open Market Committee announces its tentative Meeting Schedule for 2022

    Federal Open Market Committee announces its tentative Meeting Schedule for 2022

    Federal Open Market Committee announces its tentative Meeting Schedule for 2022 | site |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 4, 2021)

    The Federal Open Market Committee on Friday announced its tentative meeting schedule for 2022:

    January 25-26 (Tuesday-Wednesday)

    March 15-16 (Tuesday-Wednesday)

    May 3-4 (Tuesday-Wednesday)

    June 14-15 (Tuesday-Wednesday)

    July 26-27 (Tuesday-Wednesday)

    September 20-21 (Tuesday-Wednesday)

    November 1-2 (Tuesday-Wednesday)

    December 13-14 (Tuesday-Wednesday)

    January 31-February 1, 2023 (Tuesday-Wednesday)
    ...
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  • Publication of the Final Environmental Impact Statement for the Proposed Construction of Bureau of Engraving and Printing Currency Production Facility

    Publication of the Final Environmental Impact Statement for the Proposed Construction of Bureau of Engraving and Printing Currency Production Facility | site |



    (Information contained in U.S. Department of the Treasury press release dated: June 4, 2021) Washington, D.C. - - The U.S. Department of the Treasury, Bureau of Engraving and Printing (BEP) announces the public availability of the Final Environmental Impact Statement (EIS), prepared in accordance with the National Environmental Policy Act (NEPA), which analyzes potential environmental, cultural, and socioeconomic impacts associated with Treasury’s proposal to construct and operate a new Currency Production Facility (CPF) within the National Capital Region (NCR). The proposed new facility would replace Treasury’s Washington, DC production facility, and would provide Treasury with a modern, scalable, sufficiently sized production facility within the NCR that meets Treasury’s needs. The...
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  • Federal Reserve Board announces Plans to begin Winding Down the Portfolio of the Secondary Market Corporate Credit Facility

    Federal Reserve Board announces Plans to begin Winding Down the Portfolio of the Secondary Market Corporate Credit Facility | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 2, 2021) The Federal Reserve Board on Wednesday announced plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility (SMCCF), a temporary emergency lending facility that closed on December 31st, 2020. The SMCCF proved vital in restoring market functioning last year, supporting the availability of credit for large employers, and bolstering employment through the COVID-19 pandemic. SMCCF portfolio sales will be gradual and orderly, and will aim to minimize the potential for any adverse impact on market functioning by taking into account daily liquidity and trading conditions for exchange traded funds and corporate bonds. The Federal Reserve Bank of New York, which manages the operations of the S...
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  • U.S. Securities and Exchange Commission Awards More Than 23 Million Dollars to Whistleblowers

    U.S. Securities and Exchange Commission Awards More Than $23 Million to Whistleblowers | site |




    (Information contained in U.S. Securities and Exchange Commission [SEC] press release dated: June 2, 2021) Washington D.C., June 2, 2021 - - The Securities and Exchange Commission today announced awards of approximately $13 million and $10 million to two whistleblowers whose information and assistance led to successful SEC and related actions. The whistleblowers’ substantial assistance, provided to the SEC and another federal agency, included submitting information and documents, participating in interviews, and identifying key individuals who engaged in the misconduct at issue. “The whistleblowers’ information and assistance led to multiple successful enforcement actions related to a complex and fraudulent scheme involving multiple individuals and tens of millions of dollars in ill-gotten gains,” said Emily Pasquinelli, Acting Chief of ...
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  • Federal Reserve Board issues Final Rule amending Regulation D with regard to Interest on Reserve Balances

    Federal Reserve Board issues Final Rule amending Regulation D with regard to Interest on Reserve Balances | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 2, 2021)

    The Federal Reserve Board announced on Tuesday the approval of a final rule amending Regulation D to eliminate references to an interest on required reserves (IORR) rate and to an interest on excess reserves (IOER) rate and replace them with a single interest on reserve balances (IORB) rate. The final rule also simplifies the formula used to calculate the amount of interest to be paid on such balances and makes other minor conforming amendments. The final rule adopts the rule proposed by the Board on January 8, 2021 without change, and takes effect on Thursday, July 29, 2021.


    Federal Register notice: Regulation D: Reserve Requirements of Depository Institutions
    ...
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  • U.S. Consumer Product Safety Commission Report Shows Child Drownings Remain High; Most Fatalities to Children Under Five

    U.S. Consumer Product Safety Commission Report Shows Child Drownings Remain High; Most Fatalities to Children Under Five | site |




    Fewer Kids Took Swim Lessons During COVID-19 Pandemic Putting Them at Risk


    (Information contained in U.S. Consumer Product Safety Commission press release dated: June 8, 2021)

    Washington - - The annual drowning and submersion report released today by the U.S. Consumer Product Safety Commission (CPSC) reminds families to make water safety a priority, particularly as they return to community pools and resume warm-weather activities near water. Child drownings remain the leading cause of unintentional death among children ages one to four years old.

    CPSC’s latest data show:
    • an increase in pool-or spa-related fatal drowning incidents among children younger than 15 years old;
    • on average, there were 397 reported pool-or-spa-related fatal drownings per
    ...
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  • Renee Jones to Join SEC as Director of Corporation Finance; John Coates Named SEC General Counsel

    Renee Jones to Join SEC as Director of Corporation Finance; John Coates Named SEC General Counsel

    Renee Jones to Join SEC as Director of Corporation Finance; John Coates Named SEC General Counsel | site |



    (Information contained in U.S. Securities and Exchange Commission [SEC] press release dated: June 14, 2021)

    Washington D.C., June 14, 2021 - - The Securities and Exchange Commission today announced that Renee Jones has been appointed Director of the Division of Corporation Finance. John Coates, the Division’s current Acting Director, has been named SEC General Counsel. Both appointments are effective June 21, 2021.



    Renee Jones

    Jones most recently served as Professor of Law and Associate Dean for Academic Affairs at Boston College Law School, where she taught courses in corporations, securities regulation, startup company governance, and financial regulation. Previously, she represented private and public companies on corporate and securities matters at Hill & Barlow law firm. Jones is a member of the...
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  • Boeing Statement on U.S.-EU Understanding on Aircraft Subsidies

    Boeing Statement on U.S.-EU Understanding on Aircraft Subsidies

    Boeing Statement on U.S.-EU Understanding on Aircraft Subsidies | site |



    (Information contained in The Boeing Company press release dated: June 15, 2021)


    Chicago, June 15, 2021— Boeing today released the following statement:

    “Boeing welcomes the agreement by Airbus and the European Union that all future government support for the development or production of commercial aircraft must be provided on market terms. The understanding reached today commits the EU to addressing launch aid, and leaves in place the necessary rules to ensure that the EU and United States live up to that commitment, without requiring further WTO action. Boeing will fully support the U.S. Government’s efforts to ensure that the principles in this understanding are respected.”
    ...
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  • Statement by Miguel Cardona Secretary of Education on the U.S. Department of Education Fiscal Year 2022 Budget Request

    Statement by Miguel Cardona Secretary of Education on the U.S. Department of Education Fiscal Year 2022 Budget Request | site |




    (Information contained in U.S. Department of Education press release dated: June 16, 2021)


    Statement by Miguel Cardona Secretary of Education on the U.S. Department of Education Fiscal Year 2022 Budget Request



    Good morning Chairwoman Murray and Ranking Member Blunt. I am pleased to join you today, and I am proud to testify on behalf of President Biden's fiscal year 2022 Budget Request for the Department of Education. The full fiscal year 2022 Budget Request, which was released a little over two weeks ago, makes good on President Biden's campaign commitment to reverse years of underinvestment in Federal education programs and would begin to address the significant inequities that millions of students—primarily students of color—and teachers confront every day i...
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  • Federal Trade Commission Approves Final Administrative Consent Order Against Amazon for Withholding Customer Tips from Amazon Flex Drivers

    Federal Trade Commission Approves Final Administrative Consent Order Against Amazon for Withholding Customer Tips from Amazon Flex Drivers | site |


    (Information contained in Federal Trade Commission [FTC] press release dated: June 10, 2021)

    Following a public comment period, the Federal Trade Commission has approved a final administrative consent order against Amazon, which has agreed to pay more than $61.7 million to settle charges that it failed to pay Amazon Flex drivers the full amount of tips they received from Amazon customers over a two and a half year period.

    According to the FTC’s administrative complaint, announced in February 2021, the company regularly advertised that drivers participating in the Flex program would be paid $18-25 per hour for their work making deliveries to customers. The ads, along with numerous other documents provided to Flex drivers, also prominently featured statements such as: “You
    ...
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  • Interior and Commerce Departments Restore Lands to the Native Hawaiian Community

    Interior and Commerce Departments Restore Lands to the Native Hawaiian Community

    Interior and Commerce Departments Restore Lands to the Native Hawaiian Community | site |




    Transfer of Surplus Federal Land to the Hawaiian Home Lands Trust Could Provide Up To 400 New Homesteads for Native Hawaiian Families



    (Information contained in U.S. Department of the Interior press release dated: June 14, 2021) Washington - - As part of the Biden-Harris administration’s commitment to honor relationships with Indigenous communities and uphold trust responsibilities, Secretary of the Interior Deb Haaland and Deputy Secretary of Commerce Don Graves today announced the transfer of an 80-acre parcel of surplus federal property at the former NOAA Pacific Tsunami Warning Center on O‘ahu for inclusion in the Hawaiian Home Lands Trust. The land has the potential to provide homesteads for 200 to 400 Native Hawaiian families. The lands are being transferred to the state of Hawaii’s Department of Hawaiian Home Lands ...
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  • Adrianne Todman Sworn in as Deputy Secretary of Housing and Urban Development

    Adrianne Todman Sworn in as Deputy Secretary of Housing and Urban Development

    Adrianne Todman Sworn in as Deputy Secretary of Housing and Urban Development | site |




    (Information contained in U.S. Department of Housing and Urban Development [HUD] press release dated: June 14, 2021)

    Washington - - Today, Adrianne Todman was officially sworn in as the twelfth Deputy Secretary of Housing and Urban Development.

    HUD Secretary Marcia L. Fudge issued the oath of office to Deputy Secretary Todman during a ceremony at HUD’s headquarters that was livestreamed to the department’s staff. Deputy Secretary Todman was confirmed by the Senate by unanimous consent on June 10.

    Deputy Secretary Todman most recently served as the CEO of the National Association of Housing and Redevelopment Officials (NAHRO). Before
    Adrianne Todman Sworn in as Deputy Secretary of Housing and Urban Development
    (Photo courtesy HUD)

    ...
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  • Testimony of Secretary of the Treasury Janet L. Yellen to the Committee on Ways and Means, U.S. House of Representatives

    Testimony of Secretary of the Treasury Janet L. Yellen to the Committee on Ways and Means, U.S. House of Representatives | site |




    (Information contained in U.S. Department of the Treasury press release dated: June 17, 2021)


    Testimony of Secretary of the Treasury Janet L. Yellen to the Committee on Ways and Means, U.S. House of Representatives


    Chairman Neal, Ranking Member Brady, it’s a pleasure to be with you. When I took office back in January, the first – and most urgent – problem confronting our economy was obviously the pandemic: helping people make it to the other side of the crisis and ensuring they were met there by a robust recovery. Thanks to this Congress – and its passage of the American Rescue Plan – I believe we are well on our way towards that goal. But we have to be clear-eyed about something: The pandemic was not our only economic problem. Long before a single American was infected w...
    See more | Go to post

  • U.S. Department of Agriculture Selects 2021 Class of E. Kika De La Garza Fellows

    U.S. Department of Agriculture Selects 2021 Class of E. Kika De La Garza Fellows

    U.S. Department of Agriculture Selects 2021 Class of E. Kika De La Garza Fellows | site |



    (Information contained in U.S. Department of Agriculture [USDA] press release dated: June 17, 2021) Washington, June 17, 2021 - - The U.S. Department of Agriculture (USDA) today announced the selection of 25 faculty and staff from Hispanic-Serving Institutions (HSIs) across the nation as 2021 E. Kika De La Garza Fellows. This summer fellowship program offers experiences in policymaking and research through direct interaction with every USDA agency. “These fellowships have multiple benefits for minority-serving higher education institutions,” said Lisa Ramirez, director of USDA’s Office of Partnerships and Public Engagement. “The fellows get valuable professional development, they meet federal staff for long-term collaboration opportunities, and then they share what they learned with students and colleagues at their home institutions.” The f...
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  • Federal Reserve Board and Federal Open Market Committee release Economic Projections from the June 15-16 FOMC Meeting

    Federal Reserve Board and Federal Open Market Committee release Economic Projections from the June 15-16 FOMC Meeting | site |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 16, 2021)

    The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the June 15-16 meeting.

    Projections (PDF) | Accessible Materials
    ...
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  • U.S. Department of Labor announces availability of more than 21 Million Dollars in Grants for Training on Workplace Hazards, Infectious Diseases

    U.S. Department of Labor announces availability of more than $21 Million in Grants for Training on Workplace Hazards, Infectious Diseases | site |



    (Information contained in U.S. Department of Labor press release dated: June 17, 2021)

    Washington, DC - - The U.S. Department of Labor today announced funding opportunities for more than $21 million in Occupational Safety and Health Administration training grants for non-profit organizations.

    The first availability will provide $10 million under the American Rescue Plan Act of 2021for Workplace Safety and Health Training on Infectious Diseases, including the Coronavirus grants.

    To be eligible for these grants, applicants must develop training that focuses on four program emphasis areas:
    • Identifying and preventing workplace-related infectious diseases, including the coronavirus, in industries with high illness rates, those employing frontline workers or those serving
    ...
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  • U.S. Census Bureau's Household Pulse Survey Phase 3.1 Biweekly Data Release

    U.S. Census Bureau's Household Pulse Survey Phase 3.1 Biweekly Data Release

    U.S. Census Bureau's Household Pulse Survey Phase 3.1 Biweekly Data Release | site |




    (Information contained in U.S. Census Bureau press release dated: June 16, 2021)

    June 16, 2021 - - The U.S. Census Bureau today released new data from phase 3.1 of the experimental Household Pulse Survey. Phase 3.1 includes substantial revisions to the questionnaire. Additional questions address the following new topics: disability, child health access, telehealth and child care. Also included are demographic questions to identify service members and military spouses, and questions to classify respondents employed in “essential” worker occupations. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to provide data on how individuals are experiencing business curtailment and closures, stay-at-home orders, school disruptions, changes in the availability of consumer goods and consumer
    ...
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  • U.S. Department of Veterans Affairs responds with Record Number of Fourth Mission Assignments to assist America during Pandemic

    U.S. Department of Veterans Affairs responds with Record Number of Fourth Mission Assignments to assist America during Pandemic | site |


    (Information contained in U.S. Department of Veterans Affairs [VA] press release dated: June 17, 2021)

    Washington - - In response to the COVID-19 pandemic, since March 2020, the Department of Veterans Affairs has completed 150 Fourth Mission assignments nationwide.

    COVID-19 mission assignments are carried out in coordination with the Federal Emergency Management Administration.

    Assignments range in scope from:
    • Deploying staff to other VA facilities.
    • Placing VA staff in community medical and long-term care facilities.
    • Caring for civilian in-patients at VA facilities.
    • Helping local governments in need of COVID-19 testing, vaccines and staff.
    “VA nurses, doctors and other staff have volunteered for more than 5,000 deployments supporting missions in State Veterans Homes,...
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  • U.S. Secretary of Commerce Gina M. Raimondo Statement on the Conclusion of the 2021 SelectUSA Investment Summit

    U.S. Secretary of Commerce Gina M. Raimondo Statement on the Conclusion of the 2021 SelectUSA Investment Summit | site |



    U.S. Department of Commerce said, "This year’s Investment Summit was the largest in its history with representatives from every U.S. state and territory participating for the first time ever"


    (Information contained in U.S. Department of Commerce press release dated: June 11, 2021) On the final day of the 2021 SelectUSA Investment Summit, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “The United States offers unmatched diversity, a culture of innovation, and the world’s most productive workforce to global companies of all sizes looking to grow and succeed in the U.S. market. This week’s Investment Summit showcased that America is back and open for business, and I am thrilled to share it was a record-shattering success. “This year’s event was attended by over...
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  • U.S. Department of State Renews Charter of Overseas Schools Advisory Council

    U.S. Department of State Renews Charter of Overseas Schools Advisory Council

    U.S. Department of State Renews Charter of Overseas Schools Advisory Council | site |


    (Information contained in U.S. Department of State's Office of the Spokesperson press release media note dated: June 17, 2021) On March 26, 2021, the Department of State renewed the charter of the Overseas Schools Advisory Council (OSAC) to provide a formal channel for consultation and advice from U.S. corporations and foundations regarding American-sponsored overseas schools. The Under Secretary for Management has determined that renewal of the advisory committee charter is necessary and in the public interest. The Assistant Secretary for Administration will appoint the members of the committee. The committee will follow the procedures prescribed by the Federal Advisory Committee Act (FACA). Meetings will be open to the public unless a determination is made in accordance with the FACA Section 10(d) and 5 U.S.C. 552b(c) that a meeting or a portion of the meeting should b...
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  • U.S. Department of Transportation Announces Today that Eligible Businesses Can Now Apply for the Aviation Manufacturing Jobs Protection Program

    U.S. Department of Transportation Announces Today that Eligible Businesses Can Now Apply for the Aviation Manufacturing Jobs Protection Program | site |




    $3 Billion can be used to help cover employee compensation costs for up to six months


    (Information contained in U.S. Department of Transportation press release dated: June 15, 2021)

    Washington - - Today, the U.S. Department of Transportation (DOT) announced the launch of the Aviation Manufacturing Jobs Protection (AMJP) program. The Department is encouraging eligible businesses of all sizes to apply for funding to protect jobs for workers as the industry climbs back from the impacts of the pandemic. This program is funded through the American Rescue Plan Act of 2021. Before the pandemic, the aerospace industry was estimated to employ approximately 2.2 million workers, including 1.2 million who worked in various parts of the supply chai
    ...
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  • U.S. Department of Health and Human Services Releases Project [email protected] Draft Technical Specification Version 1.0 for Comment

    U.S. Department of Health and Human Services Releases Project [email protected] Draft Technical Specification Version 1.0 for Comment | site |



    (Information contained in U.S. Department of Health and Human Services [HHS] press release dated: June 16, 2021) The Department of Health and Human Services Office of the National Coordinator for Health Information Technology (ONC) in collaboration with standards development organizations and a broad community of experts today released the Project [email protected] (‘USA’) Draft Technical Specification Version 1.0 for public comment. Project [email protected] was created to develop a unified, cross-standards, healthcare industry-wide specification for representing patient addresses to improve patient matching. “With a clear target and industry-wide commitment, it’s been amazing to see how much progress has been made in six short months,” said Steve Posnack, deputy national coordinator for health information technology. “We reall...
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  • U.S. Department of the Treasury Issues Additional COVID-19-related Sanctions Authorizations and Guidance

    U.S. Department of the Treasury Issues Additional COVID-19-related Sanctions Authorizations and Guidance

    U.S. Department of the Treasury Issues Additional COVID-19-related Sanctions Authorizations and Guidance | site |



    (Information contained in U.S. Department of the Treasury press release dated: June 17, 2021) Washington - - Today, in order to further aid the global fight against COVID-19, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three general licenses (referred to as the COVID-19-related GLs) to build upon Treasury’s existing authorizations for COVID-19-related transactions and activities. The new COVID-19-related GLs expand upon longstanding humanitarian exemptions, exceptions, and authorizations to cover additional COVID-19-related transactions and activities. These include transactions and activities involving the delivery of face masks, ventilators and oxygen tanks, vaccines and the production of vaccines, COVID-19 tests, air filtration systems, and COVID-19-related field hospitals, ...
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  • The Federal Communications Commission further strengthens Emergency Alerting

    The Federal Communications Commission further strengthens Emergency Alerting

    The Federal Communications Commission further strengthens Emergency Alerting | site |



    (Information contained in Federal Communications Commission [FCC] press release dated: June 17, 2021) Washington, June 17, 2021 - - The Federal Communications Commission today adopted rules to improve the way the public receives emergency alerts on their mobile phones, televisions, and radios. The nation’s Emergency Alert System and Wireless Emergency Alerts help keep the public safe and informed and are of ever-increasing importance given the emergencies and disasters Americans have faced in recent years. In 2018, however, a false emergency alert in Hawaii mistakenly warned of an incoming ballistic missile and highlighted the need to improve these systems. The National Defense Authorization Act for Fiscal Year 2021 subsequently directed the Commission, in consultation with the Federal Emergency Management Agency, to adopt rules to strengthen emergency...
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  • U.S. Department of Education Announces Approval of New Categories of Borrower Defense Claims Totaling 500 Million Dollars in Loan Relief to 18,000 Borrowers

    U.S. Department of Education Announces Approval of New Categories of Borrower Defense Claims Totaling $500 Million in Loan Relief to 18,000 Borrowers | site |



    (Information contained in U.S. Department of Education press release dated: June 16, 2021) The U.S. Department of Education (Department) announced today the approval of 18,000 borrower defense to repayment (borrower defense) claims for individuals who attended ITT Technical Institute (ITT). These borrowers will receive 100 percent loan discharges, resulting in approximately $500 million in relief. This brings total loan cancellation under borrower defense by the Biden-Harris Administration to $1.5 billion for approximately 90,000 borrowers. “Our action today will give thousands of borrowers a fresh start and the relief they deserve after ITT repeatedly lied to them,” said Education Secretary Miguel Cardona. “Today’s action is part of the Biden-Harris Administration’s cont...
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