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  • U.S. Securities and Exchange Commission Charges Ponzi Scheme Targeting African Immigrants

    U.S. Securities and Exchange Commission Charges Ponzi Scheme Targeting African Immigrants | site |




    (August 28, 2020) - - Today, August 28, 2020, the U.S. Securities and Exchange Commission (SEC) published the following information:

    Washington D.C., Aug. 28, 2020 — The Securities and Exchange Commission today charged two Maryland companies and their principals for a scheme that allegedly defrauded approximately 1,200 investors, many of them African immigrants, of more than $27 million.

    According to the SEC’s complaint, Dennis Jali, John Frimpong, and Arley Johnson, directly and through their companies 1st Million LLC and The Smart Partners LLC, falsely told investors that their funds would be used by a team of skilled and licensed traders for foreign exchange and cryptocurrency trading, promising risk-free returns of between 6% and 42%. The complaint alleges that the defendants often targeted vulnerable African immigrants
    ...
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  • Agencies Issue Host State Loan-to-Deposit Ratios

    Agencies Issue Host State Loan-to-Deposit Ratios

    Agencies Issue Host State Loan-to-Deposit Ratios| site |


    (June 2, 2020) - - Today (June 2, 2020), the Federal Deposit Insurance Corporation (FDIC) published the following information:

    Joint Release

    Board of Governors of the Federal Reserve System
    Federal Deposit Insurance Corporation
    Office of the Comptroller of the Currency



    Agencies Issue Host State Loan-to-Deposit Ratios



    The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today issued the host state loan-to-deposit ratios that they will use to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994. These ratios replace the prior year's ratios, which were released on May 28, 2019. In general, section 109 prohibits a bank from establishing or acquiring a branch or branches outside of ...
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  • Statement of the G7 Finance Ministers on Debt Transparency and Sustainability

    Statement of the G7 Finance Ministers on Debt Transparency and Sustainability

    Statement of the G7 Finance Ministers on Debt Transparency and Sustainability| site |



    (June 3, 2020) - - Today (June 3, 2020), the U.S. Department of the Treasury published the following information: WASHINGTON – We continue to work together to advance the international economic response to the COVID-19 pandemic, with a focus on the poorest and most vulnerable countries. COVID-19 has exacerbated existing debt vulnerabilities in many low-income countries, highlighting the importance of debt sustainability and transparency to long-term financing for development. We welcome efforts of the international financial institutions (IFIs) to amplify their support for the most vulnerable countries. In this context, we are committed to implementing the Debt Service Suspension Initiative (DSSI) agreed by the G20 and the Paris Club, by suspending official bilateral debt payments for the poorest countries to year-end 2020 and possibly longer, providing those countries fiscal ...
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  • FED announces an Expansion in the Number and Type of Entities Eligible to Directly use its Municipal Liquidity Facility

    Federal Reserve Board announces an Expansion in the Number and Type of Entities Eligible to Directly use its Municipal Liquidity Facility| site |


    (June 3, 2020) - - Today (June 3, 2020), the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board on Wednesday announced an expansion in the number and type of entities eligible to directly use its Municipal Liquidity Facility (MLF). Under the new terms, all U.S. states will be able to have at least two cities or counties eligible to directly issue notes to the MLF regardless of population. Governors of each state will also be able to designate two issuers in their jurisdictions whose revenues are generally derived from operating government activities (such as public transit, airports, toll facilities, and utilities) to be eligible to directly use the facility. In addition to the expanded terms outlined above, the MLF continues to be directly open to U.S. states, th...
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  • Tenth Circuit Upholds FDIC Ownership of Tax Refunds in Cases of Failed Banks

    Tenth Circuit Upholds FDIC Ownership of Tax Refunds in Cases of Failed Banks

    Tenth Circuit Upholds FDIC Ownership of Tax Refunds in Cases of Failed Banks| site |



    (May 27, 2020) - - Today (May 27, 2020), the Federal Deposit Insurance Corporation (FDIC) published the following information: WASHINGTON -- In a case remanded by the U.S. Supreme Court, the U.S. Court of Appeals for the Tenth Circuit yesterday issued a favorable decision holding tax refunds generated by a failed bank belonged to the FDIC as receiver rather than the bankruptcy trustee for the failed bank's parent company. The dispute arose from the 2011 failure of United Western Bank in Denver, Colorado. Shortly after the failure, the Bank's parent company, United Western Bancorp, Inc., filed for bankruptcy. Both the FDIC as receiver for the Bank and the parent company's bankruptcy trustee, Simon Rodriquez, claimed ownership of the $4.1 million tax refund. The bankruptcy trustee filed suit in bankruptcy court and prevailed. The FDIC as receiver appealed and, after the bankrupt...
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  • Board of Governors of the Federal Reserve System publishes Minutes of the Board's Discount Rate Meeting on April 29, 2020

    Board of Governors of the Federal Reserve System publishes Minutes of the Board's Discount Rate Meeting on April 29, 2020 | site |


    (May 26, 2020) - - Today (May 26, 2020), the Board of Governors of the Federal Reserve System published the following information:

    The Federal Reserve Board on Tuesday released the minutes of its interest rate meeting on April 29, 2020.

    The minutes are attached.



    Attachment (PDF)
    ...
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  • U.S. Securities and Exchange Commission Issues Agenda for May 27 Meeting of the Asset Management Advisory Committee

    U.S. Securities and Exchange Commission Issues Agenda for May 27 Meeting of the Asset Management Advisory Committee | site |



    (May 21, 2020) - - Today (May 21, 2020), the U.S. Securities and Exchange Commission (SEC) published the following information: Washington D.C., May 21, 2020 — The Securities and Exchange Commission today released the agenda for the May 27 meeting of the Asset Management Advisory Committee (AMAC). AMAC was formed to provide the Commission with diverse perspectives on asset management and related advice and recommendations. The meeting will include a discussion of matters relating to AMAC’s subcommittees and to COVID-19 and the asset management industry. The meeting will be held by remote means and is open to the public. The meeting will be webcast live on SEC.gov and will be archived on the website for later viewing. Members of the public who wish to provide their views on the matters to be considered by AMAC may submit comments either
    ...
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  • Federal Reserve Board extends the Application Period for Membership on the Community Advisory Council

    Federal Reserve Board extends the Application Period for Membership on the Community Advisory Council | site |



    (May 26, 2020) - - Today, the Board of Governors of the Federal Reserve System published the following information:

    The Federal Reserve Board has extended until July 3, 2020, the application period for membership on the Community Advisory Council.

    The application period has been extended in light of ongoing challenges for households and businesses caused by the COVID-19 emergency in order to provide additional opportunity for interested persons to submit their applications.

    The Board's Federal Register notice is attached. Applications were originally due by June 5, 2020.


    Federal Register notice: Solicitation of Applications for Membership on the Community Advisory Council Extension of Application Period (PDF)
    ...
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  • Federal Reserve Board announces Implementation Delay for Changes to its Payment System Risk Policy regarding Intraday Credit

    Federal Reserve Board announces Implementation Delay for Changes to its Payment System Risk Policy regarding Intraday Credit | site |




    (March 24, 2020) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board on Tuesday announced a six-month delay in the planned implementation of policy changes to procedures governing the provision of intraday credit to U.S. branches and agencies of foreign banking organizations (FBOs). On April 1, 2019, the Board approved amendments to Part II of the PSR policy, which establishes the maximum levels of daylight overdrafts that depository institutions may incur in their Federal Reserve accounts. The changes were initially scheduled to become effective on April 1, 2020. In light of the challenges posed by the coronavirus, the Board is delaying implementation until October 1, 2020. This additional time will allow FBOs and the Federal Reserve Banks to focus ...
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  • U.S. Securities and Exchange Commission Provides Temporary Additional Flexibility to Registered Investment Companies Affected by Coronavirus

    U.S. Securities and Exchange Commission Provides Temporary Additional Flexibility to Registered Investment Companies Affected by Coronavirus | site |


    Permits Funds to Use Additional Funding and Other Tools to Manage their Portfolios for the Benefit of Investors



    (March 23, 2020) - - Today (March 23, 2020), the U.S. Securities and Exchange Commission (SEC) published the following information: Washington D.C., March 23, 2020 —The Securities and Exchange Commission today announced temporary flexibility for registered funds affected by recent market events to borrow funds from certain affiliates and to enter into certain other lending arrangements. Today’s relief is designed to provide funds with additional tools to manage their portfolios for the benefit of all shareholders as investors may seek to rebalance their investments. “Today’s temporary action will provide an additional tool that funds can use to manage their portfolios for the bene...
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  • Statement by Secretary Steven T. Mnuchin on Essential Financial Services Workers

    Statement by Secretary Steven T. Mnuchin on Essential Financial Services Workers

    Statement by Secretary Steven T. Mnuchin on Essential Financial Services Workers | site |





    (March 24, 2020) - - Today, the U.S. Department of the Treasury published the following information:


    Statement by Secretary Steven T. Mnuchin on Essential Financial Services Workers



    WASHINGTON—U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on Financial Services Sector Essential Critical Infrastructure Workers: “I strongly support the Department of Homeland Security’s recent guidance identifying financial services sector workers as essential critical infrastructure workers during the COVID-19 response emergency. The guidance provides information to State and local officials, as they work to protect their communities, to ensure the continuity of functions that are critical to public health and safety, as well as economic and national security. Consistent with the President’s guidelines,...
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  • Statement of G7 Finance Ministers and Central Bank Governors

    Statement of G7 Finance Ministers and Central Bank Governors

    Statement of G7 Finance Ministers and Central Bank Governors | site |





    (March 24, 2020) - - Today, the U.S. Department of the Treasury published the following information:



    Statement of G7 Finance Ministers and Central Bank Governors




    WASHINGTON – Consistent with the direction from G7 Leaders, we are taking action and enhancing coordination on our dynamic domestic and international policy efforts to respond to the global health, economic, and financial impacts associated with the spread of the coronavirus disease 2019 (COVID-19). Collectively, G7 nations have already enacted a wide-ranging set of health, economic, and financial stability measures. We will do whatever is necessary to restore confidence and economic growth and to protect jobs, businesses, and the resilience of the financial system. We also pledge to promote global trade and investment to underpin prosperity. Our nations are working...
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  • Treasury and Federal Reserve Board Expand Measures to Enhance Liquidity and Flow of Credit to American Workers, Households, and Businesses

    Treasury and Federal Reserve Board Expand Measures to Enhance Liquidity and Flow of Credit to American Workers, Households, and Businesses | site |




    (March 23, 2020) - - Today (March 23, 2020), the U.S. Department of the Treasury published the following information:

    WASHINGTON – The spread of coronavirus has disrupted economic activity and put significant liquidity pressure on U.S. businesses. To immediately enhance liquidity and support American workers, households, and businesses through this challenging period, U.S. Treasury Secretary Steven T. Mnuchin today authorized the expansion of two recently launched facilities and the establishment of three new facilities to provide liquidity to the financial system pursuant to section 13(3) of the Federal Reserve Act.


    Expansion of the Money Market Mutual Fund Liquidity Facility (MMLF) and Commercial Paper Funding Facility (CPFF)

    Secretary Mnuchin today approved the expansion...
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  • Federal Reserve System Publishes Annual Financial Statements

    Federal Reserve System Publishes Annual Financial Statements

    Federal Reserve System Publishes Annual Financial Statements | site |




    (March 23, 2020) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve System on Monday released the 2019 combined annual audited financial statements for the Federal Reserve Banks, as well as statements for the 12 individual Federal Reserve Banks and the Board of Governors. An independent public accounting firm engaged by the Board has issued unqualified opinions on the financial statements and on the Board's and each Bank's internal controls over financial reporting. The audited financial statements provide information about the assets, liabilities, and earnings of the Reserve Banks and the Board as of December 31, 2019. The Federal Reserve Banks' 2019 earnings were approximately $55.5 billion, representing a decrease of $7.6 billion from 2018. The Reserve Banks provided for remittances to the U.S. Treasury of $5...
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  • Federal Reserve Board Announces Technical Change to Support the U.S. Economy

    Federal Reserve Board Announces Technical Change to Support the U.S. Economy

    Federal Reserve Board Announces Technical Change to Support the U.S. Economy and Allow Banks to Continue Lending to Creditworthy Households and Businesses | site |





    (March 23, 2020) - - Today, the Board of Governors of the Federal Reserve System published the following information:

    The Federal Reserve Board on Monday announced a technical change to support the U.S. economy and allow banks to continue lending to creditworthy households and businesses. The interim final rule will phase in gradually, as intended, the automatic restrictions associated with a firm's "total loss absorbing capacity," or TLAC, buffer requirements, if the levels decline. TLAC is an additional cushion of capital and long-term debt that could be used to recapitalize a bank if it is in distress. The change will facilitate the use of firms' buffers to promote lending activity to households and businesses. Over the past decade, U.S. banks of all sizes have built...
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  • Federal Reserve Announces Extensive New Measures to Support the Economy

    Federal Reserve Announces Extensive New Measures to Support the Economy

    Federal Reserve Announces Extensive New Measures to Support the Economy | site |




    (March 23, 2020) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve is committed to using its full range of tools to support households, businesses, and the U.S. economy overall in this challenging time. The coronavirus pandemic is causing tremendous hardship across the United States and around the world. Our nation's first priority is to care for those afflicted and to limit the further spread of the virus. While great uncertainty remains, it has become clear that our economy will face severe disruptions. Aggressive efforts must be taken across the public and private sectors to limit the losses to jobs and incomes and to promote a swift recovery once the disruptions abate. The Federal Reserve's role is guided by its mandate from Congress to promote maximum employment and stable prices, along with its ...
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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 |





    (March 23, 2020) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve is committed to use its full range of tools to support the U.S. economy in this challenging time and thereby promote its maximum employment and price stability goals. The Federal Open Market Committee is taking further actions to support the flow of credit to households and businesses by addressing strains in the markets for Treasury securities and agency mortgage-backed securities. The Federal Reserve will continue to purchase Treasury securities and agency mortgage-backed securities in the amounts needed to support smooth market functioning and effective transmission of monetary policy to broader financial conditions. The Committee will include purchases of agency commercial mortgage-backed securities in its agency mortgage-backed securit...
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  • SEC Enables Immediate Effectiveness of Proposed Rule Change to Facilitate NYSE Electronic Auctions

    U.S. Securities and Exchange Commission Enables Immediate Effectiveness of Proposed Rule Change to Facilitate NYSE Electronic Auctions in Light of Temporary Closure of Physical Trading Floor | site |





    (March 21, 2020) - - Today (March 21, 2020) the U.S. Securities and Exchange Commission (SEC) published the following information: Washington D.C., March 21, 2020 — The U.S. Securities and Exchange Commission noticed for immediate effectiveness a proposed rule filing submitted by New York Stock Exchange LLC (NYSE) to facilitate electronic auctions in light of its decision to temporarily close its New York trading floor. NYSE announced that it will temporarily close its trading floor effective Monday, March 23, as a precautionary measure in response to COVID-19. The NYSE rule filing modifies certain rules to set wider price parameters, and to remove volume limits, within which NYSE designated market makers (DMMs) can facilitate auctions in an electron...
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  • Treasury and IRS Delay Federal Tax Day from April 15 to July 15 Due to COVID-19 Outbreak

    Treasury and IRS Delay Federal Tax Day from April 15 to July 15 Due to COVID-19 Outbreak | site |




    (March 21, 2020) - - Today (March 21, 2020), the U.S. Department of the Treasury published the following information: Washington – Following President Donald J. Trump’s emergency declaration pursuant to the Stafford Act, the U.S. Treasury Department and Internal Revenue Service (IRS) yesterday announced that the tax filings and payments for all federal income taxes (including self-employment tax) due on April 15, 2020, regardless of amount, will now be due on July 15, 2020. “At President Trump’s direction, we are moving Tax Day from April 15 to July 15,” said Secretary Steven T. Mnuchin. “All taxpayers and businesses will have this additional time to file and make payments without interest or penalties. I encourage all taxpayers who may have tax refunds to file now to receive those funds as quickly as possible.” Taxpayers are not required t...
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  • Agencies Provide Additional Information to Encourage Financial Institutions to Work with Borrowers Affected by COVID-19

    Agencies Provide Additional Information to Encourage Financial Institutions to Work with Borrowers Affected by COVID-19 | site |




    Board of Governors of the Federal Reserve System

    Conference of State Bank Supervisors

    Consumer Financial Protection Bureau

    Federal Deposit Insurance Corporation

    National Credit Union Administration

    Office of the Comptroller of the Currency





    (March 22, 2020) - - Today (March 22, 2020), the Board of Governors of the Federal Reserve System published the following information: The federal financial institution regulatory agencies and the state banking regulators issued an interagency statement encouraging financial institutions to work constructively with borrowers affected by COVID-19 and providing additional information regarding loan modifications. The agencies encourage financial institutions to work with borrowers, will not cri...
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  • Federal Housing Administration launches FHA Catalyst Electronic Multifamily Application Submission Capabilities

    Federal Housing Administration launches FHA Catalyst Electronic Multifamily Application Submission Capabilities | site |



    First FHA Catalyst module for Multifamily lenders will eliminate paper-based submissions of FHA insurance applications


    (October 14, 2020) - - Today, the U.S. Department of Housing and Urban Development published the following information:

    WASHINGTON - The Federal Housing Administration (FHA) today announced the availability of the first module on its FHA Catalyst technology platform for Multifamily lenders doing business with FHA. The FHA Catalyst: Multifamily Applications module will allow eligible Multifamily lenders to electronically submit applications for FHA insurance on multifamily properties. The new capability supports lenders in providing FHA-insured mortgage financing while working remotely because of the COVID-19 National Emergency. Multifamily lenders currently submit insurance applications – usually
    ...
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  • BULLETIN—NIAID Stops Enrollment of Severely Ill COVID-19 Participants in Clinical Trial of Investigational Treatments

    BULLETIN—NIAID Stops Enrollment of Severely Ill COVID-19 Participants in Clinical Trial of Investigational Treatments | site |


    ACTT-3 Study Will Continue for Hospitalized Participants with Less Severe Illness


    Editor's note: Please note that this BULLETIN was published on September 29, 2020


    (September 29, 2020) - - On September 29, 2020, the National Institute of Allergy and Infectious Diseases published the following information:

    The Adaptive COVID-19 Treatment Trial 3 (ACTT-3), sponsored by the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health, will no longer enroll hospitalized participants with severe COVID-19 requiring high-flow oxygen, and will not begin to enroll patients requiring non-invasive or invasive mechanical ventilation. This action is being taken after an interim review of safety data by the study’s Data and Safety Monitoring Board (DSMB)
    ...
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  • Lilly Statement on the National Institute of Allergy and Infectious Diseases Decision to Pause Enrollment in ACTIV-3 Clinical Trial

    Lilly Statement on the National Institute of Allergy and Infectious Diseases Decision to Pause Enrollment in ACTIV-3 Clinical Trial | site |



    (October 14, 2020) - - Lilly (the Eli Lilly Company) has published a statement addressing the National Institute of Allergy and Infectious Diseases (NIAID) decision to Pause Enrollment in ACTIV-3 Clinical Trial.

    The Lilly statement is located at https://www.lilly.com/news/stories/s...use-enrollment or please press HERE
    ...
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  • NIH Clinical Trial Testing Hyperimmune Intravenous Immunoglobulin plus Remdesivir to Treat COVID-19 Begins

    NIH Clinical Trial Testing Hyperimmune Intravenous Immunoglobulin plus Remdesivir to Treat COVID-19 Begins

    National Institutes of Health Clinical Trial Testing Hyperimmune Intravenous Immunoglobulin plus Remdesivir to Treat COVID-19 Begins | site |


    Editor's note: Please note that this article was published on October 8, 2020

    (October 8, 2020) - - On October 8, 2020, the National Institutes of Health (NIH) published the following information:

    A clinical trial to test the safety, tolerability and efficacy of a combination treatment regimen for coronavirus disease 2019 (COVID-19) consisting of the antiviral remdesivir plus a highly concentrated solution of antibodies that neutralize SARS-CoV-2, the virus that causes COVID-19, has begun. The study is taking place in hospitalized adults with COVID-19 in the United States, Mexico and 16 other countries on five continents. The National


    Graphic courtesy NIH/NIAID
    Institute of Allergy...
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  • U.S. Agriculture Secretary Perdue Statement on President Trump’s Trillion Trees Executive Order

    U.S. Agriculture Secretary Perdue Statement on President Trump’s Trillion Trees Executive Order

    U.S. Agriculture Secretary Perdue Statement on President Trump’s Trillion Trees Executive Order| site |


    (October 13, 2020) - - Today, October 13, 2020, the U.S. Department of Agriculture published the following information: (Washington, D.C., October 13, 2020) – U.S. Secretary of Agriculture Sonny Perdue issued the following statement following President Trump signing the Executive Order Establishing the One Trillion Trees Interagency Council: “The Trillion Tree Executive Order signed today by President Trump further demonstrates the Administration’s commitment and leadership in ensuring our national forests are healthy and productive so they can continue to meet the needs of citizens and communities, both now and into the future,” said Secretary Sonny Perdue. “When I was growing up on my family farm, my father always taught me to appreciate that ‘when it comes to the land, we want to leave it better than we found it.’ The President’s Executive Order will do...
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  • Joint IMFC and Development Committee Statement by Secretary Steven T. Mnuchin

    Joint IMFC and Development Committee Statement by Secretary Steven T. Mnuchin

    Joint IMFC and Development Committee Statement by Secretary Steven T. Mnuchin | site |


    (October 14, 2020) - - Today, the U.S. Department of the Treasury published the following information:



    Joint IMFC and Development Committee Statement by Secretary Steven T. Mnuchin


    WASHINGTON – As we begin the Annual Meetings of the International Monetary Fund and the World Bank, we find ourselves seven months into a global economic and health crisis unlike any the world has previously faced. Since March, the World Bank and IMF have helped countries respond quickly to the COVID-19 pandemic, adapting their operations to provide urgently needed emergency finance and advice to over 130 countries. As countries continue to respond to the crisis and move toward recovery, the IMF and World Bank will remain instrumental players, helping countries restore economic stability and lay the groundwork for a robust medium-term recovery characterized...
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  • U.S. Office of Personnel Management Announces 2021 Health, Dental, and Vision Program Premiums

    U.S. Office of Personnel Management Announces 2021 Health, Dental, and Vision Program Premiums

    U.S. Office of Personnel Management Announces 2021 Health, Dental, and Vision Program Premiums| site |


    (October 14, 2020) - - Today, the U.S. Office of Personnel Management published the following information:

    WASHINGTON, DC – The U.S. Office of Personnel Management (OPM) announced today that for plan year 2021, the average total premiums for current non-Postal employees and retirees enrolled in plans under the Federal Employees Health Benefits (FEHB) Program will increase 3.6 percent. This year’s increase is lower than last year’s increase.

    This year, OPM has negotiated a new, seven-year contract for the Federal Employees Dental and Vision Insurance Program (FEDVIP). While the majority of current FEDVIP enrollees should not experience a significant increase in premiums, enrollees are encouraged to research the various FEDVIP plans and choose the dental and vision coverage that best fits their needs. “Our team has worked diligently
    ...
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  • Federal Reserve requests Public Comment on Technical, Clarifying Updates

    Federal Reserve requests Public Comment on Technical, Clarifying Updates

    Federal Reserve requests Public Comment on Technical, Clarifying Updates regarding the Federal Open Market Committee’s Rules Regarding Availability of Information, which describe its Freedom of Information Act (FOIA) Procedures | site |



    (October 14, 2020) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve on Wednesday requested public comment on technical, clarifying updates regarding the Federal Open Market Committee's Rules Regarding Availability of Information, which describe its Freedom of Information Act (FOIA) procedures. The proposal would implement non-substantive updates to the Committee's FOIA procedures to make them consistent with the Committee's current practices and to incorporate recent changes in law and guidance. The proposal also incorporates formatting and language from the Federal Reserve Board's revisions to its own FOIA procedures, which are effective October 15, 2020. Comm...
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  • Trump Administration Makes Major Investment to Increase Availability of Fast Molecular POC Test

    Trump Administration Makes Major Investment to Increase Availability of Fast Molecular POC Test

    Trump Administration Makes Major Investment to Increase Availability of Fast Molecular POC Test | site |


    Federal investment will scale up portable molecular test and acquire for national use


    (October 13, 2020) - - Today, October 13, 2020, the U.S. Department of Health and Human Services published the following information: Today, the U.S. Department of Health and Human Services (HHS) in collaboration with the Department of Defense (DOD) awarded a $481 million Other Transaction Agreement to Cue Health, Inc. to expand U.S. production capacity for a cartridge-based point-of-care COVID-19 molecular test that produces results in about 20 minutes. This partnership with HHS and DOD will allow Cue to expand its industrial base and increase domestic production to 100,000 COVID-19 test kits per day by March 2021, and demonstrate this capacity through the delivery of six million COVID-19 tests and 30,000 instruments to the U.S. Government to support the...
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  • Minutes of the Board's Discount Rate Meetings from August 24 through September 16, 2020

    Minutes of the Board's Discount Rate Meetings from August 24 through September 16, 2020

    Minutes of the Board's Discount Rate Meetings from August 24 through September 16, 2020 | site |





    (October 13, 2020) - - Today, October 13, 2020, the Board of Governors of the Federal Reserve System published the following information:

    More...
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  • NIH-funded Study links Adolescent Brain Differences to Increased Waist Circumference

    NIH-funded Study links Adolescent Brain Differences to Increased Waist Circumference

    National Institutes of Health-funded Study links Adolescent Brain Differences to Increased Waist Circumference | site |





    (October

    More...
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  • G7 Finance Ministers and Central Bank Governors’ Statement on Digital Payments

    G7 Finance Ministers and Central Bank Governors’ Statement on Digital Payments

    G7 Finance Ministers and Central Bank Governors’ Statement on Digital Payments | site |


    (October 13, 2020) - - Today, the U.S. Department of the Treasury published the following information:


    G7 Finance Ministers and Central Bank Governors’ Statement on Digital Payments



    WASHINGTON – The widespread adoption of digital payments has the potential to address frictions in existing payment systems by improving access to financial services, reducing inefficiencies, and lowering costs. At the same time, payment services should be appropriately supervised and regulated to address challenges and risks related to financial stability, consumer protection, privacy, taxation, cybersecurity, operational resilience, money laundering, terrorist and proliferation financing, market integrity, governance, and legal certainty, among others. The public sector, through the provision of fiat currency and the conduct of independent monetary po...
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  • CDC and the American Mosquito Control Association Collaborate on Mosquito Control

    CDC and the American Mosquito Control Association Collaborate on Mosquito Control

    U.S. Centers for Disease Control and Prevention and the American Mosquito Control Association Collaborate on First-ever Comprehensive Resources for Mosquito Control in Areas Affected by Natural Disasters| site |


    (October 13, 2020) - - Today, the U.S. Centers for Disease Control and Prevention published the following information:

    The Centers for Disease Control and Prevention (CDC) and the American Mosquito Control Association (AMCA) have collaborated to provide the first-ever comprehensive volume of resources to guide mosquito control in areas affected by natural disasters, such as hurricanes and flooding in this special edition of the Journal of the American Mosquito Control Association (JAMCA). Hurricanes present several public health concerns, including a rapid surge in mosquito populations, which can disrupt recovery efforts and could lead to increased risk of mosquito-borne diseases such as West Nile. Effectively controlling mosquitoes after a nat
    ...
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  • NIH Study aims to Identify promising COVID-19 Treatments for larger Clinical Trials

    NIH Study aims to Identify promising COVID-19 Treatments for larger Clinical Trials

    National Institutes of Health Study aims to Identify promising COVID-19 Treatments for larger Clinical Trials | site |



    (October 13, 2020) - - Today, the National Institutes of Health published the following information:

    The National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health, today launched a study designed to determine whether certain approved therapies or investigational drugs in late-stage clinical development show




    This scanning electron microscope image shows SARS-CoV-2 (round gold objects) emerging from the surface of cells cultured in the lab. SARS-CoV-2, also known as 2019-nCoV, is the virus that causes COVID-19. The virus shown was isolated from a patient in the U.S.
    Graphic courtesy NIAID

    promise against COVID-19 and merit...
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  • Announcement says Johnson & Johnson Temporarily Pauses All Dosing in their Janssen COVID-19 Vaccine Candidate Clinical Trials

    Announcement says Johnson & Johnson Temporarily Pauses All Dosing in their Janssen COVID-19 Vaccine Candidate Clinical Trials | site |



    (October 12, 2020) - - Today, October 12, 2020, Johnson & Johnson published the following information:



    Johnson & Johnson Temporarily Pauses All Dosing in Our Janssen COVID-19 Vaccine Candidate Clinical Trials


    At Johnson & Johnson, there is no greater priority than the safety and well being of the people we serve every day around the world. We are committed to providing transparent updates throughout the clinical development process of our vaccine candidate, in compliance with regulatory standards and our own high ethical and scientific principles.

    We have temporarily paused further dosing in all our COVID-19 vaccine candidate clinical trials, including the Phase 3 ENSEMBLE trial, due to an unexplained illness in a study participant. Following our guidelines,
    ...
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  • U.S. Secretary of Labor Scalia delivers Columbus Day and Our American Heritage Speech

    U.S. Secretary of Labor Scalia delivers Columbus Day and Our American Heritage Speech

    U.S. Secretary of Labor Scalia delivers Columbus Day and Our American Heritage Speech at Franciscan University of Steubenville | site |



    (October 12, 2020) - - The U.S. Department of Labor published today, October 12, 2020, the following information: WASHINGTON, DC – Today, U.S. Secretary of Labor Eugene Scalia traveled to Steubenville, Ohio, where he delivered remarks at Franciscan University of Steubenville to commemorate Columbus Day as well as America’s national heritage. The speech included the following excerpts: “Through the centuries, Columbus came to represent the spirit of adventure and discovery that we associate with America—our faith in our capacity to seek and find something new and better. We have many heroes who personify our political ideals, but no figure so associated with the questing, the entrepreneurialism, the hope in the new that is part of the American spirit. No other figure so represents our aspiration to make, here in thi...
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  • EPA Announces the Selection of Organizations to Receive Funding for Healthy Learning Environments

    EPA Announces the Selection of Organizations to Receive Funding for Healthy Learning Environments

    U.S. Environmental Protection Agency Announces the Selection of Organizations to Receive Funding for Healthy Learning Environments| site |


    (October 8, 2020) - - Today, October 8, 2020, the U.S. Environmental Protection Agency published the following information:

    WASHINGTON (Oct 8, 2020) — In celebration of Children’s Health Month, the U.S. Environmental Protection Agency (EPA) intends to award a total of $290,000 in EPA funding through the agency’s FY 2020 Children’s Healthy Learning Environments Grant Initiative.

    These EPA grants support capacity-building to address children’s environmental health in school and childcare settings.

    “Reducing exposures to unhealthy school and childcare settings through the adoption of healthy environment best practices, which both projects aim to do, can lead to improved children’s health, attendance, concentration, and performance,” said Jeanne Briskin, Director of EPA’s Office of Children’s
    ...
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  • Federal Reserve Board announces approval of application by Banco Bradesco S.A., Lecce Holdings S.A., Fundação Bradesco, BBD Participações S.A., Nova Cidade de Deus Participações S.A., and Cidade de Deus Cia. Comercial de Participações

    Federal Reserve Board announces approval of application by Banco Bradesco S.A., Lecce Holdings S.A., Fundação Bradesco, BBD Participações S.A., Nova Cidade de Deus Participações S.A., and Cidade de Deus Cia. Comercial de Participações | site |




    (October 7, 2020) - - Today, October 7, 2020, the Board of Governors of the Federal Reserve System published the following information:

    The Federal Reserve Board on Wednesday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by (1) Banco Bradesco S.A., (2) Lecce Holdings S.A., (3) Fundação Bradesco, (4) BBD Participações S.A., (5) Nova Cidade de Deus Participações S.A., and (6) Cidade de Deus Cia. Comercial de Participações, all of Osasco, Brazil, to acquire BAC Florida Bank, Coral Gables, Florida.

    Attached is the Board's order relating to this action.

    Attachment (PDF)
    ...
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  • HUD Secretary Investigates Alleged Religious Discrimination in Senior Housing Complexes

    HUD Secretary Investigates Alleged Religious Discrimination in Senior Housing Complexes

    U.S. Department of Housing and Urban Development Secretary Investigates Alleged Religious Discrimination in Senior Housing Complexes | site |


    Bibles Allegedly Removed from Resident Library and Common Areas


    (October 9, 2020) - - Today, October 9, 2020, the U.S. Department of Housing and Urban Development published the following information:

    WASHINGTON - U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced last night he has initiated a Complaint against the owner and manager of senior apartments in Oklahoma for violating the Fair Housing Act by removing Bibles and Christian reading material from the common areas. The Fair Housing Act prohibits discrimination in housing and in housing-related services based on religion and other protected characteristics. “Religious liberty is at the core of our Nation’s identity and will be upheld under the Fair Housing Act,” said Secretary Carson. “Barring religious m...
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  • NHGRI Researchers Work with Patients, Families and the Scientific Community to Improve the Informed Consent Process

    National Human Genome Research Institute Researchers Work with Patients, Families and the Scientific Community to Improve the Informed Consent Process | site |


    National Institutes of Health says as genome-editing trials become more common, informed consent is changing


    (October 13, 2020) - - Today the National Institutes of Health (NIH) published the following information: As public interest and expanded research in human genome editing grows, many questions remain about ethical, legal and social implications of the technology. People who are seriously ill may overestimate the benefits of early clinical trials while underestimating the risks. This makes properly understanding informed consent, the full knowledge of risks and benefits of treatments, especially important. In response to this emerging need, researchers at the National Human Genome Research Institute (NHGRI), part of the National Institutes of Health, asked patients, parents and physicians
    ...
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