Federal Reserve Board finalizes updates to the Board’s Rule concerning Debit Card Transactions

Federal Reserve Board finalizes updates to the Board’s Rule concerning Debit Card Transactions | site | Information contained in Board of Governors of the Federal Reserve System press release dated: October 3, 2022 The Federal Reserve Board on Monday finalized updates to the Board's rule concerning debit card transactions. Pursuant to statute, the updates specify that debit card issuers should enable at least two payment card networks to process all debit card transactions, including "card-not-present" transactions, such as online payments.1 The final rule is substantially similar to the proposal issued last year. By law, the Board is required to make rules ensuring that debit card issuers give merchants the opportunity to choose between at least two unaffiliated networks when routing debit card transactions. When the Board initially issued the rule in July 2011, the market had not developed solutions to broadly support multiple networks for card-not-pr...

U.S. Department of Education Awards Over $60 Million to Strengthen the Teacher Pipeline, Increase Educator Leadership, and Support Quality Teaching and Learning to Further Address Teacher Shortage | site |



Information contained in U.S. Department of Education press release dated: September 27, 2022

Today, the U.S. Department of Education (Department) is announcing new awards to further address the teacher shortage and help ensure long-term investments in teacher pipeline and development programs across the country. New investments under the Supporting Effective Educator Development (SEED) program, include 22 new three-year grants totaling more than $60 million, bringing the Biden-Harris Administration’s additional support for teachers through Fiscal Year 2022 grant competitions to more than $285 million. “We are treating our efforts to recruit, prepare, and retain a talented and diverse educator workforce with the same level of urgency we brought ...

Agencies announce forthcoming Resolution Plan Guidance for large Banks and deliver Feedback on Resolution plan of Truist Financial Corporation | site |





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U.S. Food and Drug Administration Pathway Supports Long-Term Stability, Diversity of Safe and Nutritious Infant Formula Supply in the U.S.

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U.S. Department of Veterans Affairs opens Health Care Eligibility for Vietnam, Gulf War, post-9/11 Veterans under PACT Act | site |







VA opens health

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U.S. Internal Revenue Service (IRS) says Hurricane Ian victims in Florida qualify for tax relief; Oct. 17 deadline, other dates extended to Feb. 15 | site |






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U.S. Consumer Product Safety Commission Warns Consumers to Stop Using Go-Bowen Youth All-Terrain Vehicles (ATVs) Due to Violations of Federal Safety Standard | site |




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ICE and Confluence to Offer Integrated ESG Solution for Enhanced SFDR Compliance Reporting | site |







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Federal and State Financial Regulatory Agencies issue Interagency Statement on Supervisory Practices regarding Financial Institutions affected by Hurricanes Fiona and Ian | site |





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Statement by U.S. Department of Homeland Security Secretary Mayorkas on the Approval of a Jones Act Waiver for Puerto Rico | site |








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