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  • Staff Reporter 1
    Federal Reserve Board releases Results of Survey of Senior Financial Officers at Banks
    by Staff Reporter 1
    Federal Reserve Board releases Results of Survey of Senior Financial Officers at Banks about their Strategies and Practices for Managing Reserve Balances | site |



    (Information contained in Board of Governors of the Federal Reserve System press release: November 30, 2020) The Federal Reserve Board on Monday released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about deposit pricing and behavior, bank liability management, the provision of financial services, and reserve management strategies and practices. The most recent survey was conducted in collaboration with the Federal Reserve Bank of New York between September 18, 2020, and October 2, 2020, and includes responses from banks that held approximately three quarters of total banking system reserve balances at the time of the survey. Information a...
    12-01-2020, 03:35 PM
  • Staff Reporter 1
    CMS Announces Comprehensive Strategy to Enhance Hospital Capacity Amid COVID-19 Surge
    by Staff Reporter 1
    Centers for Medicare & Medicaid Services Announces Comprehensive Strategy to Enhance Hospital Capacity Amid COVID-19 Surge | site |




    (Information contained in Centers for Medicare and Medicaid press release dated: November 25, 2020) Today, the Centers for Medicare & Medicaid Services (CMS) outlined unprecedented comprehensive steps to increase the capacity of the American health care system to provide care to patients outside a traditional hospital setting amid a rising number of coronavirus disease 2019 (COVID-19) hospitalizations across the country. These flexibilities include allowances for safe hospital care for eligible patients in their homes and updated staffing flexibility designed to allow ambulatory surgical centers (ASCs) to provide greater inpatient care when needed. Building on CMS’s previous actions to expand the availability of telehealth across the nation, these actions are aimed at allowing health care services to be provided outside a h...
    12-01-2020, 03:14 PM
  • Staff Reporter 1
    U.S. Department of Veterans Affairs Commemorates addition of Western New York National Cemetery
    by Staff Reporter 1
    U.S. Department of Veterans Affairs Commemorates addition of Western New York National Cemetery | site |


    Information contained in U.S. Department of Veterans Affairs press release: November 30, 2020)

    Washington - - The U.S. Department of Veterans Affairs (VA) today dedicated a new 269-acre national cemetery in Corfu, New York, 20 miles east of Buffalo — to provide for the first time — a nearby VA burial option for an estimated 77,100 Veterans and their eligible family members.

    VA Secretary Robert Wilkie along with Under Secretary for Memorial Affairs Randy Reeves, New York Lt. Governor Kathy Hochul, U.S. Senator Chuck Schumer and U.S. Representative Chris Jacobs unveiled the dedication plaque for Western New York National Cemetery. "Our nation owes a debt to our Veterans who served and sacrificed so that we all could enjoy the blessings of liberty," said Wilkie. "It is a tremendous honor for me, on behalf of VA, to provide the Veteran
    ...
    12-01-2020, 02:49 PM
  • Staff Reporter 1
    Treasury and Federal Reserve Board Announce Extension of Four Lending Facilities Until March 31, 2021
    by Staff Reporter 1
    Treasury and Federal Reserve Board Announce Extension of Four Lending Facilities Until March 31, 2021 | site |


    (Information contained in U.S. Department of the Treasury press release: November 30, 2020)


    Treasury and Federal Reserve Board Announce Extension of Four Lending Facilities Until March 31, 2021

    Washington - - U.S. Treasury Secretary Steven T. Mnuchin sent a letter to Chairman of the Federal Reserve Board of Governors Jerome Powell approving the extension of four of its credit facilities until March 31, 2021. The extensions apply to the Commercial Paper Funding Facility and Money Market Mutual Fund Liquidity Facility, to which Treasury has provided funding drawn from the pre-existing Exchange Stabilization Fund balance, and the Primary Dealer Credit Facility and Paycheck Protection Program Liquidity Facility, which did not require Treasury funding. “The emergency lending facilities established to provide liquidity to...
    12-01-2020, 02:28 PM
  • Staff Reporter 1
    U.S. Social Security Commissioner Saul Honored as a Top Influencer in Aging
    by Staff Reporter 1
    U.S. Social Security Commissioner Saul Honored as a Top Influencer in Aging | site |




    (Information contained in U.S. Social Security Administration press release: November 30, 2020)

    Andrew Saul, Commissioner of Social Security, recently received an honor as a 2020 Influencer in Aging by PBS’s Next Avenue, a digital publication dedicated to covering issues for people 50 and older. The list honors advocates, researchers, and thought leaders who are changing how people collectively age and think about aging. Commissioner Saul earned the distinction for being an innovative leader and making customer service his top priority since his confirmation in 2019. “When I came in, the first thing I did was make it very clear that our job at the agency, meaning the whole team, was to serve the public. Customer service is the most important feature--that's the mojo here, and that's what we are dedicated to do,” said Commissioner Saul. “The glob
    ...
    12-01-2020, 01:41 PM

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