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  • U.S. Department of Agriculture Names Members to the National Watermelon Promotion Board

    U.S. Department of Agriculture Names Members to the National Watermelon Promotion Board


    Washington, DC - - (November 14, 2018) - - Agriculture Secretary Sonny Perdue today announced the appointment of sixteen members to serve on the National Watermelon Promotion Board. The appointees will serve three-year terms from Jan. 1, 2019, to Dec. 31, 2021.

    Members appointed are:
    • Mr. Dalton Willis Borders, Edinburg, Texas
    • Mr. Cody Buckley, San Antonio, Texas
    • Ms. Jordan Carter, Cordele, Ga.
    • Mr. Richard Chastain, Alva,
    ...
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  • Lessons Learned from 41 Maritime Accidents Detailed in National Transportation Safety Board's Safer Seas Digest 2017

    Lessons Learned from 41 Maritime Accidents Detailed in National Transportation Safety Board's Safer Seas Digest 2017





    Washington, DC - - (November 8, 2018) - - Maritime accident investigation reports for collisions, explosions, capsizings and allisions and the lessons learned within those reports are detailed in the National Transportation Safety Board’s Safer Seas Digest 2017, released online Thursday. The publication is a compendium of 41 marine accident reports for accidents involving fishing, offshore supply, cargo, passenger, tanker, towing and government vessels. Reports in the digest were adopted or issued by the NTSB during calendar year 2017. The Safer Seas Digest is a publication designed with mariners in mind, providing them with links from the digest’s summaries to the full i...
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  • Federal Reserve Board intends to begin publishing Semiannual Report presenting Board's Assessment of Financial Stability Conditions

    Federal Reserve Board intends to begin publishing Semiannual Report presenting Board's Assessment of Financial Stability Conditions


    Publishing to begin November 28


    (November 9, 2018) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board on November 28 intends to begin publishing a semiannual report presenting the Board's view of the outlook for U.S. financial stability. The Financial Stability Report will include a summary of the Board's framework for assessing the resilience of the U
    ...
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  • National Transportation Safety Board Set to Hold Investigative Hearing on Engine Failure

    National Transportation Safety Board Set to Hold Investigative Hearing on Engine Failure


    Concerning CFM International engine failure on Southwest Airlines flight 1380 in April of 2018 Washington, DC - - (November 6, 2018) - - The National Transportation Safety Board is scheduled to hold an investigative hearing, that is open to the public, Wednesday, Nov. 14, beginning at 9 a.m. (EST), in the NTSB’s Board Room and Conference Center. As part of the agency’s ongoing investigation of the fatal, April 17, 2018, CFM International engine failure ...
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  • Federal Reserve Board Finalizes New Supervisory Rating System for Large Financial Institutions

    Federal Reserve Board Finalizes New Supervisory Rating System for Large Financial Institutions



    (November 2, 2018) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board on Friday finalized a new supervisory rating system for large financial institutions that is aligned with the core areas most important to supporting a large firm's safety and soundness and U.S. financial stability. The Board's post-crisis supervisory program for large financial institutions focuses on capital, liquidity, ...
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  • National Transportation Safety Board says Highway Deaths Account for 95 Percent of all Transportation Fatalities in 2017

    Highway Deaths Account for 95 Percent of all Transportation Fatalities in 2017



    (November 1, 2018) - - Highway crashes claimed the lives of 37,133 people in 2017, accounting for 95 percent of the 38,958 who died in transportation related accidents that year, according to data provided by the National Highway Traffic Safety Administration and released Thursday by the National Transportation Safety Board (NTSB). The data indicate 712 fewer people died in transportation accidents in 2017, compared to the 39,670 who died in 2016. Aviation, marine and highway deaths decreased while rail and pipeline fatalities increased. Rail experienced the largest increase with 58 more dea...
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  • National Transportation Safety Board says Derailment Demonstrates Need for Use of Safer Rail Tank Cars

    National Transportation Safety Board says Derailment Demonstrates Need for Use of Safer Rail Tank Cars



    Washington, DC - - (October 30, 2018) - - A broken rail, inadequate track maintenance and inspection, and inadequate federal oversight led to the March 10, 2017, derailment of a Union Pacific Railroad ethanol train near Graettinger, Iowa, according to a National Transportation Safety Board (NTSB) report released Tuesday. The agency also said in its report the continued use of US Department of Transportation Specification 111 tank rail tank cars in ethanol service, instead of the more robust DOT-117 tan...
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  • Federal Reserve Board announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2019

    Federal Reserve Board announces Annual Indexing of Reserve Requirement Exemption Amount and of Low Reserve Tranche for 2019



    (October 25, 2018) - - The Federal Reserve Board on Thursday announced the annual indexing of two amounts used in determining reserve requirements of depository institutions. These amounts are the reserve requirement exemption amount and the low reserve tranche. All depository institutions must hold a percentage of certain types of deposits as reserves in the form of vault cash, as a deposit in a Federal R...
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  • Federal Reserve Board Approves Action by the Boards of Directors of the Federal Reserve Bank of New York and Minneapolis

    Federal Reserve Board Approves Action by the Boards of Directors of the Federal Reserve Bank of New York and Minneapolis




    (September 27, 2018) - - The Federal Reserve Board has approved actions on Thursday by the Boards of Directors of the Federal Reserve Banks of New York and Minneapolis, increasing the discount rate (the primary credit rate) at the Banks from 2-1/2 percent to 2-3/4 percent, effective immediately.




    Source: Board of Governors of the Federal...
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  • National Transportation Safety Board Opens Public Docket for Concan, Texas Highway Crash Investigation

    National Transportation Safety Board Opens Public Docket for Concan, Texas Highway Crash Investigation

    Editor's note: The National Transportation Safety Board published the following information:


    Washington, DC - - (October 3, 2018) - - The National Transportation Safety Board opened the public docket Wednesday for the March 29, 2017, crash involving a pick-up truck and a 13-passenger bus near Concan, Texas. The crash occurred when a pick-up truck traveling north on U.S. 83 crossed the double, solid-yellow centerline, entered the southbound lane, and collided with the bus. The bus driver and 12 of the 13 passengers were killed. The truck d
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  • National Transportation Safety Board Issues 11 Safety Recommendations to Improve Pedestrian Safety

    National Transportation Safety Board Issues 11 Safety Recommendations to Improve Pedestrian Safety




    Washington, DC - - (September 15, 2018) - - The National Highway Traffic Safety Administration, the Federal Highway Administration and the Centers for Disease Control and Prevention are the recipients of 11 safety recommendations made by the National Transportation Safety Board (NTSB) Tuesday in its Pedestrian Safety Special Investigation Report.

    Following the NTSB’s Pedestrian Safety Forum in 2016, the Office of Highway Safety investigated
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  • Federal Reserve Board Seeks Public Comment on Proposal to Amend Regulation H and Regulation K

    Federal Reserve Board Seeks Public Comment on Proposal to Amend Regulation H and Regulation K



    (September 21, 2018) - - The Federal Reserve Board on Friday requested public comment on a proposal to amend Regulation H (Membership of State Banking Institutions in the Federal Reserve System) and Regulation K (International Banking Operations) to repeal provisions that incorporate the Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E. Act). The proposal reflects the transferal of the Board's rulemaking authority...
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  • National Transportation Safety Board says a Flight Crew Misidentified Runway, Caused Taxiway Overflight

    National Transportation Safety Board says a Flight Crew Misidentified Runway, Caused Taxiway Overflight



    Washington, DC - - (September 25, 2018) - - The National Transportation Safety Board (NTSB) determined Tuesday an Air Canada flight crew’s lack of awareness caused the July 7, 2017, overflight of a taxiway at San Francisco International Airport. Air Canada flight 759 was cleared to land on runway 28R but instead lined up with parallel taxiway C where four airplanes were awaiting clearance to take off. Flight 759 descended to an altitude of 100 feet above ground leve
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  • Near Miss at San Francisco Airport Subject of National Transportation Safety Board Meeting

    Near Miss at San Francisco Airport Subject of National Transportation Safety Board Meeting




    Washington, DC - - (August 31, 2018) - - The National Transportation Safety Board (NTSB) plans to hold a board meeting Sept. 25, 2018, to determine the probable cause of the July 7, 2017, near miss at San Francisco International Airport. Air Canada flight 759, an Airbus A320, was cleared to land on runway 28R at San Francisco International Airport, but the airplane lined up with parallel taxiway C, which had four airplanes on it awaiting takeoff clearance. Air Canada ...
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  • Richard H. Clarida Sworn in as Vice Chairman and Member of the Board of Governors

    Richard H. Clarida Sworn in as Vice Chairman and Member of the Board of Governors


    Swearing in of Member of the Board of Governors of the Federal Reserve System and Vice Chairman


    (September 17, 2018) - - Richard H. Clarida took the oath of office on Monday as a member of the Board of Governors of the Federal Reserve System and as Vice Chairman. The oath of office was administered by Chairman Jerome H. Powell in the Board Room.




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