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  • U.S. Department of the Treasury Sanctions Senior Al-Nusrah Front Leaders Concurrently with UN Designations

    U.S. Department of the Treasury Sanctions Senior Al-Nusrah Front Leaders Concurrently with UN Designations


    Separate action targets Syrian entity related to the proliferation of weapons of mass destruction




    Washington, DC - - (February 23, 2017) - - The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action today against two al-Nusrah Front (ANF) leadership officials, Iyad Nazmi Salih Khalil (Khalil) and Bassam Ahmad al-Hasri (al-Hasri). Both individuals, based in Syria, are being designated pursuant to Executive Order (E.O.) 13224, which targets terrorists and those providing support to terrorists or acts of terrorism. As a result of today’s action, all property and interests in property of Khalil and al-Hasri subject to U.S. jurisdiction are blocked, and U.S. persons are generally prohibited from engaging in transactions with them. Underscoring the international commitment to counter ANF, the Un
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  • U.S. Securities and Exchange Commission Staff Issues Guidance Update and Investor Bulletin on Robo-Advisers

    U.S. Securities and Exchange Commission Staff Issues Guidance Update and Investor Bulletin on Robo-Advisers




    Washington, DC - - (February 23, 2017) - - The Securities and Exchange Commission today published information and guidance for investors and the financial services industry on the fast-growing use of robo-advisers, which are registered investment advisers that use computer algorithms to provide investment advisory services online with often limited human interaction.

    Because of the unique issues raised by robo-advisers, the Commission’s Division of Investment Management issued guidance for investment advisers with suggestions on meeting disclosure, suitability and compliance obligations under the Investment Advisers Act of 1940.

    A second publication, an Investor Bulletin issued by the SEC’s Office of Investor Education and Advocacy, provides individual investors with information they may need to make informed decisions
    ...
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  • Federal Reserve Board Announces Annual Adjustment to the Asset-size Threshold in Regulation I

    Federal Reserve Board Announces Annual Adjustment to the Asset-size Threshold in Regulation I




    February 23, 2017


    Washington, DC - - (February 22, 2017) - - The Federal Reserve Board on Wednesday announced the annual adjustment to the asset-size threshold in Regulation I that determines the dividend rate that certain member banks earn on their Federal Reserve Bank stock. The updated total consolidated asset threshold is $10,122,000,000. The Fixing America's Surface Transportation (FAST) Act provides that depository institution stockholders with total consolidated assets above the asset-size threshold shall receive a dividend on paid-in capital stock equal to the lesser of 6 percent or the most recent 10-year Treasury auction rate prior to the dividend payment. The dividend rate for other member banks remains at 6 percent. The FAST Act requires the Board to adjust the asset-size threshold annually to reflect the change in the Gross Dom
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  • U.S. Treasury Secretary Steven Mnuchin Speaks with International Monetary Fund Managing Director Christine Lagarde

    U.S. Treasury Secretary Steven Mnuchin Speaks with International Monetary Fund Managing Director Christine Lagarde


    February 22, 2017


    Washington, DC - - (February 21, 2017) - - U.S. Treasury Secretary Steven Mnuchin spoke by phone today with Christine Lagarde, Managing Director of the International Monetary Fund (IMF).

    In his conversation with Madame Lagarde, Secretary Mnuchin welcomed the key role the IMF plays in promoting global economic growth and stability and in preventing and responding to economic crisis. He noted the importance the Administration places on boosting economic growth and jobs in the United States, and looked forward to robust IMF economic policy advice on its member countries and tackling global imbalances.

    Secretary Mnuchin also underscored his expectation that the IMF provide frank and candid analysis of the exchange rate policies of IMF member countries.



    Information source: U.S. Department...
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  • U.S. Treasury Secretary Steven Mnuchin Speaks with Chinese Counterparts

    U.S. Treasury Secretary Steven Mnuchin Speaks with Chinese Counterparts

    U.S. Treasury Secretary Steven Mnuchin Speaks with Chinese Counterparts





    February 22, 2017


    Washington, DC - - (February 17, 2017) - - U.S. Treasury Secretary Steven Mnuchin held separate calls with Chinese Vice Premier Wang Yang, Minister of the Office of the Central Leading Group on Financial and Economic Affairs Liu He, People’s Bank of China Governor Zhou Xiaochuan, and Chinese Minister of Finance Xiao Jie. In each of these calls, Secretary Mnuchin underscored that he looked forward to fostering strong U.S.-China engagement during his tenure. The Secretary emphasized the importance of achieving a more balanced bilateral economic relationship going forward. He conveyed his commitment to working with the Chinese leadership on a comprehensive set of economic, financial, trade and investment, and illicit finance issues, in both bilateral and multilateral forums. He noted that demonstrated leadership by our two countries o
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  • U.S. Securities and Exchange Commission to Host Crowdfunding Dialogue February 28 . 2017

    U.S. Securities and Exchange Commission to Host Crowdfunding Dialogue February 28, 2017





    February 22, 2017


    Washington, DC - - (February 21, 2017) - - The Securities and Exchange Commission will host a crowdfunding symposium Feb. 28, 2017 covering research, challenges, opportunities, and the effects of securities-based crowdfunding on various market participants. The Commission’s Division of Economic and Risk Analysis is partnering with NYU’s Salomon Center for the Study of Financial Institutions to bring together regulators, practitioners, and academics for the half-day event. Presentations and discussions will focus on protecting investors while facilitating capital formation. “We are excited to collaborate with NYU in this event focused on new sources of capital formation, and designed to bring together academics, industry participants, and the SEC,” notes Acting Chairman Michael Piwowar. Regulation Crowdfunding,
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  • U.S. Treasury Secretary Steven Mnuchin Speaks with German Finance Minister Wolfgang Schäuble

    U.S. Treasury Secretary Steven Mnuchin Speaks with German Finance Minister Wolfgang Schäuble




    February 21, 2017


    Washington, DC - - (February 15, 2017) - - U.S. Treasury Secretary Steven Mnuchin spoke by phone today with German Finance Minister Wolfgang Schäuble.

    According to a U.S. Treasury spokesperson, Secretary Mnuchin looks forward to working closely with Germany at the upcoming G-20 Finance Ministers and Central Bank Governors meeting in Baden Baden, and over the year of Germany’s G-20 presidency. The Secretary welcomed the opportunity to work collaboratively on a range of shared interests, including bolstering stronger and more inclusive growth and strengthening job creation, where the United States and Germany can cooperate fruitfully.



    Information source: U.S. Department of the Treasury...
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  • U.S. Department of the Treasury Releases the International Capital Data For December 2016

    U.S. Department of the Treasury Releases the International Capital Data For December 2016




    February 21, 2017


    Washington, DC - - (February 15, 2017) - - The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for December 2016. The next release, which will report on data for January 2017, is scheduled for March 15, 2017. The sum total in December of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC outflow of $42.8 billion. Of this, net foreign private outflows were $57.1 billion, and net foreign official inflows were $14.3 billion. Foreign residents decreased their holdings of long-term U.S. securities in December; net sales were $13.9 billion. Net sales by private foreign investors were $32.0 billion, while net purchases by foreign official institutions were $18.1 billion. U.S. residents decreased their holdings of long-te
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  • U.S. Securities and Exchange Commission and North American Securities Administrators Association Sign Info-Sharing Agreement for Crowdfunding and Other Offerings

    U.S. Securities and Exchange Commission and North American Securities Administrators Association Sign Info-Sharing Agreement for Crowdfunding and Other Offerings




    February 21, 2017


    Washington, DC - - (February 17, 2017) - - The Securities and Exchange Commission and the North American Securities Administrators Association today signed an information-sharing agreement as new rules to facilitate intrastate crowdfunding offerings and regional offerings take effect.

    The agreement signed by the SEC and NASAA is intended to facilitate the sharing of information to ensure that the new exemptions are serving their intended purpose of facilitating access to capital for small businesses. Under the memorandum of understanding (MOU), federal and state securities regulators will be better able to monitor the effects of the new rules and also guard against fraud.

    The MOU was signed by SEC Acting Chairman Michael S. Piwowar
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  • Federal Reserve to Offer Seven-day Term Deposits on February 23

    Federal Reserve to Offer Seven-day Term Deposits on February 23

    Federal Reserve to Offer Seven-day Term Deposits on February 23




    February 21, 2017


    Washington, DC - - (February 16, 2017) - - The Federal Reserve plans to continue its previously announced periodic testing of the Term Deposit Facility (TDF) with one operation in February. These operations are aimed at ensuring the operational readiness of the TDF and providing eligible institutions with an opportunity to maintain familiarity with term deposit procedures. The TDF test operations are a matter of prudent planning and have no implications for the near-term conduct of monetary policy. The Federal Reserve plans to conduct a similar routine TDF test operation each quarter in 2017. The schedule and terms for future test operations will be announced at later dates. On February 23, 2017, the Federal Reserve will conduct a floating-rate offering of term deposits with an early withdrawal feature through its TDF. The Federal Reserve will offer
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  • Federal Trade Commission Settlement Puts a Stop to Money Mule Who Profited from India-Based IRS and Other Scams

    Federal Trade Commission Settlement Puts a Stop to Money Mule Who Profited from India-Based IRS and Other Scams






    February 16, 2017


    Washiington, DC - - (February 15, 2017) - - A Florida man charged with helping telemarketers in India defraud cash-strapped American consumers will be banned from aiding any telemarketers in a settlement with the Federal Trade Commission. The proposed settlement resolves an FTC complaint against Joel S. Treuhaft and his company, PHLG Enterprises, LLC, who collected more than $1.5 million from about 3,000 consumers in a scheme that helped Indian call centers collect money from victims of IRS tax scams, government grant scams and advance-fee loan scams, among others. “The scammers behind these call centers relied on PHLG and its runners to get consumers’ money,” said Jessica Rich, Director of the FTC’s Bureau of Consumer Protection. “Stopping companies that assist and facilitate f
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  • Biography of Secretary of the Treasury Steven Terner Mnuchin

    Biography of Secretary of the Treasury Steven Terner Mnuchin

    Biography of Secretary of the Treasury Steven Terner Mnuchin





    February 13, 2017


    Steven Terner Mnuchin was sworn in as the 77th Secretary of the Treasury on February 13, 2017. As Secretary of the Treasury, Mr. Mnuchin is responsible for the executive branch agency whose mission is to maintain a strong economy, foster economic growth, and create job opportunities by promoting the conditions that enable prosperity and stability at home and abroad. He is also responsible for strengthening national security by combating economic threats and protecting the integrity of our financial system as well as managing the U.S. Government’s finances. Prior to his confirmation, Secretary Mnuchin was Finance Chairman for Donald J. Trump for President, Inc. In this role he spent the last year traveling with the President. He met with hundreds of business leaders. He also served as a Senior Economic Advisor to the President in crafting his economi
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  • Steven T. Mnuchin Sworn in as Secretary of the Treasury

    Steven T. Mnuchin Sworn in as Secretary of the Treasury

    Steven T. Mnuchin Sworn in as Secretary of the Treasury






    Washington, DC - - (February 13, 2017) - - Steven T. Mnuchin was sworn in to serve as the 77th Secretary of the Treasury. In this role, Secretary Mnuchin will be the principal economic advisor to President Donald J. Trump on domestic and international financial, economic, and tax issues. Secretary Mnuchin is responsible for the executive branch agency whose mission includes maintaining a strong economy, promoting conditions that enable job growth and stability, protecting the integrity of the financial system, strengthening national security, and managing the U.S. Government’s finances effectively.

    President Trump selected Mnuchin in November 2016 to serve as Secretary of the Treasury. Secretary Mnuchin succeeds Jacob J. Lew, who served in the position under President Obama.



    Information source: U.S. Department of the Treasury...
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  • Federal Deposit Insurance Corporation - - FDIC - - Issues Revised Economic Scenarios for 2017 Stress Testing

    Federal Deposit Insurance Corporation - - FDIC - - Issues Revised Economic Scenarios for 2017 Stress Testing





    Washington, DC - - (February 10, 2017) - - The Federal Deposit Insurance Corporation (FDIC) today released revised economic scenarios for use by certain financial institutions with total consolidated assets of more than $10 billion for the 2017 stress tests.

    The previously released scenarios contained incorrect historical values for the BBB corporate yield in 2016.

    The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency, who the FDIC works with to develop and distribute the scenarios, also issued revised data.




    Information source: Federal Deposit Insurance Corporation...
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  • U.S. Securities and Exchange Commission Charges Chinese Citizens Who Reaped Massive Profits From Insider Trading on Comcast-Dreamworks Acquisition

    U.S. Securities and Exchange Commission Charges Chinese Citizens Who Reaped Massive Profits From Insider Trading on Comcast-Dreamworks Acquisition


    Obtains Court Order Freezing More Than $29 Million in U.S. Accounts







    February 10, 2017


    Washington D.C. - - (February 10, 2017) - - The Securities and Exchange Commission today announced that it obtained an emergency court order freezing brokerage accounts holding more than $29 million in illegal profits from insider trading in advance of the April 2016 acquisition of DreamWorks Animation SKG, Inc. by Comcast Corp. The SEC alleges that in the weeks leading up to the news of the acquisition, Shaohua (Michael) Yin amassed more than $56 million of DreamWorks stock in the U.S. brokerage accounts of five Chinese nationals, including his elderly parents. DreamWorks stock price rose 47.3% once the acquisition was announced. In a complaint filed in U.S. District
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  • U.S. Securities and Exchange Commission says a Private Equity Adviser is Barred From Industry for Improper Withdrawal From Funds

    U.S. Securities and Exchange Commission says a Private Equity Adviser is Barred From Industry for Improper Withdrawal From Funds






    February 8, 2017


    Washington, DC - - (February 7, 2017) - - The Securities and Exchange Commission today announced that a private equity adviser has been permanently barred from the securities industry and must pay a $1.25 million penalty to settle charges that he withdrew improper fees from two private equity funds he managed. The SEC’s order finds that Scott M. Landress formed the funds to invest in real estate trusts with underlying investments in properties throughout the UK. His investment advisory firm SLRA Inc. earned management fees based on the net asset value of the underlying investments. SLRA’s fees shrank and its management costs increased as real estate property values fell during the financial crisis, and the funds’ limited partners declined several requests by Landress
    ...
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  • U.S. Department of the Treasury Sanctions Supporters of Iran’s Ballistic Missile Program and Iran’s Islamic Revolutionary Guard Corps – Qods Force

    U.S. Department of the Treasury Sanctions Supporters of Iran’s Ballistic Missile Program and Iran’s Islamic Revolutionary Guard Corps – Qods Force







    February 4, 2017


    Washington, DC - - (February 3, 2017) - - Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned multiple entities and individuals involved in procuring technology and/or materials to support Iran’s ballistic missile program, as well as for acting for or on behalf of, or providing support to, Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF).

    This action reflects the United States’ commitment to enforcing sanctions on Iran with respect to its ballistic missile program and destabilizing activities in the region and is fully consistent with the United States’ commitments under the Joint Comprehensive Plan of Action (JCPOA). More specifically:


    • OFAC designated several networks
    ...
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  • U.S. Department of the Treasury Announces Marketable Borrowing Estimates

    U.S. Department of the Treasury Announces Marketable Borrowing Estimates

    U.S. Department of the Treasury Announces Marketable Borrowing Estimates





    January 30, 2017



    Washington, DC - - (January 30, 2017) - - The U.S. Department of the Treasury today announced its current estimates of net marketable borrowing for the January – March 2017 and April – June 2017 quarters:

    • During the January – March 2017 quarter, Treasury expects to borrow $57 billion in net marketable debt, assuming an end-of-March cash balance of $100 billion. The borrowing estimate is $1 billion higher than announced in October 2016.


    • During the April – June 2017 quarter, Treasury expects to borrow $1 billion in net marketable debt, assuming an end-of-June cash balance of $200 billion.


    During the October – December 2016 quarter, Treasury borrowed $255 billion in net marketable debt and ended the quarter with a cash balance of $399 billion. In October 2016, Treasury estimated net...
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  • Shipping Conglomerate Overseas Shipholding Group and Former CFO Charged With Failure to Recognize Hundreds of Millions in Tax Liabilities

    Shipping Conglomerate and Former CFO Charged With Failure to Recognize Hundreds of Millions in Tax Liabilities






    January 25, 2017


    Washington, DC - - (January 23, 2017) - - The Securities and Exchange Commission today charged shipping conglomerate Overseas Shipholding Group (OSG) and its former chief financial officer Myles R. Itkin with failing to recognize hundreds of millions in tax liabilities in its financial statements that had accumulated over nearly 12 years resulting from its controlled foreign subsidiary guaranteeing OSG’s debt that had been borrowed under various credit financing agreements. As a result of the misconduct, OSG materially understated its income tax liabilities by approximately $512 million (17 percent) of its total liabilities. In November 2012, following the discovery of the tax liabilities, OSG filed for bankruptcy protection.

    “Where public companies derive economic benefits from
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  • Federal Banking Agencies Fine ServiceLink Holdings $65 Million

    Federal Banking Agencies Fine ServiceLink Holdings $65 Million

    Federal Banking Agencies Fine ServiceLink Holdings $65 Million







    January 25, 2017


    Washington, DC - - (January 24, 2017) - - The federal banking agencies today fined ServiceLink Holdings, LLC (ServiceLink Holdings), $65 million for improper actions by its predecessor company, Lender Processing Services, Inc. (LPS), which resulted in significant deficiencies in the foreclosure-related services that LPS provided to mortgage servicers.

    The penalty assessed by the three federal banking agencies--the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency--against ServiceLink Holdings satisfied the document review provision of the previous enforcement action. The agencies continue to monitor the company's compliance with other provisions of that order.

    The fine will be remitted to the U.S. Treasury.



    Information...
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  • IRS releases State-by-State breakdown of nearly 9 Million Non-filers getting Economic Impact Payments Letters

    IRS releases State-by-State breakdown of nearly 9 Million Non-filers getting Economic Impact Payments Letters

    IRS releases State-by-State breakdown of nearly 9 Million Non-filers who will be Mailed Letters about Economic Impact Payments | site |



    (September 17, 2020) - - Today, September 17, 2020, the U.S. Internal Revenue Service (IRS) published the following information:

    WASHINGTON — The Internal Revenue Service today released a state-by-state breakdown of the roughly nine million people receiving a special mailing this month encouraging them to see if they're eligible to claim an Economic Impact Payment.

    The IRS will mail the letters to people who typically aren't required to file federal income tax returns but may qualify for an Economic Impact Payment. The letter urges recipients to visit the special Non-Filers: Enter Payment Info Here tool on IRS.gov before the October 15 deadline to register for an Economic Impact Payment. "The IRS continues to work hard to reach people eligible for these payments," said IRS Commissioner Chuck Retti
    ...
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  • USA Staffing Onboarding Wins 2020 Igniting Innovation Award

    USA Staffing Onboarding Wins 2020 Igniting Innovation Award

    USA Staffing Onboarding Wins 2020 Igniting Innovation Award | site |



    (September 3, 2020) - - Today, September 3, 2020, the U.S. Office of Personnel Management published the following information:

    WASHINGTON, DC – The U.S. Office of Personnel Management(OPM) announces that their Human Resources Solutions’ USA Staffing® Onboarding platform is the winner of the 2020 Igniting Innovation Awards, hosted by the American Council for Technology and Industry Advisory Council (ACT-IAC). The awards recognize groundbreaking technologies that enhance services for citizens and government operations. USA Staffing Onboarding won with 68% of the vote. “I am very proud of the OPM employees on USA Staffing’s onboarding team. Their hard work and dedication are a great credit to the agency. USA Staffing Onboarding is a leading example of OPM’s ongoing efforts to help Federal agencies work efficiently to better serve the American people,” said OPM Acting Dire
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  • U.S. General Services Administration Issues Award for Regulatory Workflow Modernization

    U.S. General Services Administration Issues Award for Regulatory Workflow Modernization

    U.S. General Services Administration Issues Award for Regulatory Workflow Modernization | site |





    (September 16, 2020) - - Today, September 16, 2020, the U.S General Services Administration (GSA) published the following information:

    WASHINGTON - The U.S. General Services Administration today announced the award of its multiple year, $9.9 million contract to Deloitte Consulting LLP, and Esper, Inc., through GSA's Commercial Solutions Opening (CSO) authority.

    The Centers of Excellence (CoE), housed within GSA’s Federal Acquisition Service Technology Transformation Services (TTS) office, and GSA’s assisted acquisition services provider Federal Systems Integration and Management Center (FEDSIM) worked to leverage artificial intelligence and machine learning technology solutions to conduct regulatory review and improve the rule-making process for federal agencies. This award supports the White House’s Executive Order on Regulatory
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  • USDA Announces Contracts for Round 3 of the Farmers to Families Food Box Program

    USDA Announces Contracts for Round 3 of the Farmers to Families Food Box Program

    U.S. Department of Agriculture Announces Contracts for Round 3 of the Farmers to Families Food Box Program | site |



    (September 17, 2020) - - Today, September 17, 2020, the U.S. Department of Agriculture published the following information:

    (Washington, D.C., September 17, 2020) – Following President Donald Trump’s approval to include up to an additional $1 billion in the Farmers to Families Food Box Program, U.S. Secretary of Agriculture Sonny Perdue announced the U.S. Department of Agriculture (USDA) has approved up to $1 billion in contracts to support American producers and communities in need through the USDA Farmers to Families Food Box Program. Earlier this week, USDA reached a milestone of having distributed more than 90 million food boxes in support of American farmers and families affected by the COVID-19 pandemic. “These contract awards will go to vendors who submitted the strongest proposals in support of American agriculture and the Ame
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  • U.S. Department of Labor Awards 11.2 Million Dollars in Worker Safety and Health Training Grants

    U.S. Department of Labor Awards 11.2 Million Dollars in Worker Safety and Health Training Grants

    U.S. Department of Labor Awards $11.2 Million in Worker Safety and Health Training Grants | site |



    (September 18, 2020) - - Today, September 18, 2020, the U.S. Department of Labor published the following information: WASHINGTON, DC – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has awarded approximately $11.2 million in Susan Harwood federal safety and health training grants to 90 nonprofit organizations nationwide. The grants will provide education and training programs to help workers and employers recognize serious workplace hazards, including the coronavirus, implement injury prevention measures and understand their rights and responsibilities under the Occupational Safety and Health Act of 1970. Under President Trump’s Qualified Opportunity Zones Executive Order, OSHA awarded 80 grants to conduct occupational safety and health training in urban and economically distressed areas. The 2020 Harwood grant awards al
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  • FDIC Launches Its First-Ever Academic Challenge 

    FDIC Launches Its First-Ever Academic Challenge 

    FDIC Launches Its First-Ever Academic Challenge | site |


    Teams from universities and colleges throughout the country will examine effects of community banks on local economic development



    (September 18, 2020) - - Today, September 18, 2020, the FDIC published the following information:

    WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced the launch of the agency’s first-ever Academic Challenge, a competition among teams of university and college students to address questions concerning the U.S. banking sector. The topic for this inaugural challenge is “The Effects of Community Banks on Local Economic Development.”


    The FDIC’s Center for Financial Research is hosting the 2020-2021 Academic Challenge, which will consist of two rounds. In the first round of the competition, teams of undergraduate students will use multiple public data sources to examine the effects of community banks on local...
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  • U.S. Secretary of Transportation Elaine L. Chao Announces 1 Billion Dollars to Upgrade American Infrastructure

    U.S. Secretary of Transportation Elaine L. Chao Announces $1 Billion to Upgrade American Infrastructure | site |




    (September 16, 2020) - - Today, September 16, 2020, the U.S. Department of Transportation published the following information: WASHINGTON – U.S. Secretary Elaine L. Chao today announced that the Trump Administration will invest $1 billion in American infrastructure through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program. The funding has been awarded to 70 projects in 44 states. “This Administration is making significant investments in infrastructure, and this $1 billion in BUILD grants will repair, rebuild, and revitalize transportation systems across America,” said U.S. Secretary of Transportation Elaine L. Chao. Fiscal Year 2020 BUILD Transportation grants are for planning and capital investments in surface transportation infrastructure and were awarded on a competitiv
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  • Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households

    Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households

    Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households | site |



    (September 18, 2020) - - Today, September 18, 2020, the Board of Governors of the Federal Reserve Board published the following information:

    Data collected to supplement the Federal Reserve Board's seventh annual Survey of Household Economics and Decisionmaking showed that U.S. families were faring better financially in July than in April, but many still faced uncertainty regarding layoffs and prospects for returning to work.

    Recognizing the unprecedented financial disruptions caused by the COVID-19 pandemic, the Federal Reserve conducted a pair of supplemental surveys to monitor changes in the financial well-being of Americans. The first of these surveys was conducted in April, at the onset of the pandemic and before most financial relief efforts were in place. The April results were described in the Report on the Economic Well-Being of U.S. Households
    ...
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  • U.S. Secretary of Education Betsy DeVos Delivers on Promise to Protect Free Inquiry and Religious Liberty

    U.S. Secretary of Education Betsy DeVos Delivers on Promise to Protect Free Inquiry and Religious Liberty

    U.S. Secretary of Education Betsy DeVos Delivers on Promise to Protect Free Inquiry and Religious Liberty | site |



    Announces final rule that upholds fundamental rights guaranteed by the First Amendment



    (September 9, 2020) - - The U.S. Department of Education published today, September 9, 2020, the following information:

    WASHINGTON — Today, U.S. Secretary of Education Betsy DeVos delivered on her promise to protect free inquiry and religious liberty on campus by publishing the Improving Free Inquiry, Transparency, and Accountability at Colleges and Universities final rule. The new rule will ensure that public institutions of higher education uphold fundamental rights guaranteed by the First Amendment to the U.S. Constitution and that private institutions of higher education adhere to their own policies regarding freedom of speech, including academic freedom. The final rule also ensures the equal treatment and constitutional
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  • U.S. Department of Commerce Statement on Delayed Prohibitions Related to TikTok

    U.S. Department of Commerce Statement on Delayed Prohibitions Related to TikTok

    U.S. Department of Commerce Statement on Delayed Prohibitions Related to TikTok | site |




    (September 19, 2020) - - Today, September 19, 2020, The Office of Public Affairs of the U.S. Department of Commerce published (under the subheading "Wilbur Ross") the following information:

    In light of recent positive developments, Secretary of Commerce Wilbur Ross, at the direction of President Trump, will delay the prohibition of identified transactions pursuant to Executive Order 13942, related to the TikTok mobile application that would have been effective on Sunday, September 20, 2020, until September 27, 2020 at 11:59 p.m.

    LEADERSHIP
    Wilbur Ross
    ...
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