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  • Federal Election Commission says District Court issues opinion in McCutcheon, et al. v. FEC

    Federal Election Commission says District Court issues opinion in McCutcheon, et al. v. FEC | site |


    (October 20, 2020) - - Today, October 20, 2020, the Federal Election Commission (FEC) published the following information:

    WASHINGTON – The United States District Court for the District of Columbia issued a Memorandum Opinion and Order in McCutcheon, et al. v. FEC (Case No. 20-2485) on Monday, denying Plaintiffs’ motion for a preliminary injunction.
    ...
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  • FTC Issues Annual Report to Congress on Protecting Older Adults

    FTC Issues Annual Report to Congress on Protecting Older Adults

    Federal Trade Commission Issues Annual Report to Congress on Protecting Older Adults| site |



    (October 19, 2020) - - Today, October 19, 2020, the Federal Trade Commission (FTC) published the following information:

    The Federal Trade Commission’s annual report to Congress on protecting older adults, issued today, provides a detailed look at the scams that most often affect adults over 60, as well as the FTC’s research, law enforcement, and education efforts aimed at protecting older consumers—a top priority for the agency.

    As part of the FTC’s efforts to understand how fraud is affecting older adults, the report, Protecting Older Consumers 2019-2020: A Report of the Federal Trade Commission, includes analysis of FTC consumer complaint data. In 2019, as in prior years, older adults (aged 60 and older) were less likely than younger adults (aged 20 to 59) to report losing money to fraud, but reported much higher individual dollar losses. In
    ...
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  • Department of Veterans Affairs says Federal Electronic Health Record connects with more Community Partners

    Department of Veterans Affairs says Federal Electronic Health Record connects with more Community Partners | site |


    VA says addition of new health care network enhances patient care


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

    WASHINGTON — The Federal Electronic Health Record Modernization (FEHRM) program office announced the Department of Veterans Affairs (VA), Department of Defense (DOD) and Department of Homeland Security’s U.S. Coast Guard (USCG) expanded their joint health information exchange (HIE) network with the private sector, Oct. 9, after connecting with the CommonWell Health Alliance. CommonWell brings a nationwide network of more than 15,000 hospitals and clinics to the 46,000 community partners already part of the joint HIE. Launched earlier this year, the joint HIE is a modernized health data sharing capability that enhances the abili...
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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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  • 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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  • 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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  • Minutes of the Federal Open Market Committee, September 15-16, 2020

    Minutes of the Federal Open Market Committee, September 15-16, 2020

    Minutes of the Federal Open Market Committee, September 15-16, 2020| site |



    (October 7, 2020) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on September 15–16, 2020. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes. The minutes for each regularly scheduled meeting of the Committee ordinarily are made available three weeks after the day of the policy decision and subsequently are published in the Board's Annual Report. The descriptions of economic and financial conditions contained in these minutes and in the Summary of Economic Projections are based solely on the information that was available to the Committee at the time of the meeting. FOMC minutes ...
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  • Federal Emergency Management Agency Community Rating System - - - CRS - - - Update

    Federal Emergency Management Agency Community Rating System (CRS) Update | site |


    Voluntary incentive program recognizes and encourages community floodplain management


    (October 5, 2020) - - Today, October 5, 2020, the Federal Emergency Management Agency (FEMA) published the following information: PHILADELPHIA- Flooding is the most common and costly disaster in the United States. Anywhere it can rain, it can flood. With 98 percent of counties in the entire United States having experienced a flood and just a single inch of water causing up to $25,000 in damage, communities across the country must make tough decisions about protecting lives and property from flooding. The Federal Emergency Management Agency created the voluntary Community Rating System (CRS) program to recognize local efforts to reduce flood risk, and to reward communities, their residents and businesses by saving them money on flood insurance premiums. As of Oct. 1, 2020, the fo...
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  • Federal Reserve begins 2020 Census of Finance Companies and Other Lenders

    Federal Reserve begins 2020 Census of Finance Companies and Other Lenders

    Federal Reserve begins 2020 Census of Finance Companies and Other Lenders| site |


    (October 6, 2020) - - Today the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board announced on Tuesday that it will begin the 2020 Census of Finance Companies and Other Lenders. The census is a key part of the Federal Reserve's effort to paint a complete picture of this important sector of the U.S. economy. "Your participation is important to help us understand the size and structure of lenders like yours that supply credit or lease financing to U.S. households and businesses," said Federal Reserve Chair Jerome H. Powell in a letter to prospective census participants. "The results will contribute to better-informed policy decisions and form the basis of our statistical releases, which have become all the more critical during the pandemic outbreak." The assets and liabilities of finance companies have been surveyed by the...
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  • Federal Election Commission publishes Statistical Summary of 18-Month Campaign Activity of the 2019-2020 Election Cycle

    Federal Election Commission publishes Statistical Summary of 18-Month Campaign Activity of the 2019-2020 Election Cycle | site |


    Presidential candidates raised nearly $2.8 billion

    Congressional candidates collected approximately $1.9 billion



    (September 18, 2020) - - Today, September 18, 2020, the (United States) Federal Election Commission (FEC) published the following information: Presidential candidates raised nearly $2.8 billion and spent over $2.5 billion in the first 18 months of the 2019-2020 election cycle, according to campaign finance reports filed with the Federal Election Commission that cover activity from January 1, 2019 through June 30, 2020. Congressional candidates collected approximately $1.9 billion and disbursed approximately $1.2 billion, political parties received $1.4 billion and spent nearly $1.1 billion, and political action committees (PACs) raised over $5.2 billion and spent over $4.4 billion in the 18-mont...
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  • U.S. Office of Personnel Management issues Suggested 2020 Election Flexibilities for Federal Workers

    U.S. Office of Personnel Management issues Suggested 2020 Election Flexibilities for Federal Workers| site |


    (September 29, 2020) - - Today, September 29, 2020, the U.S. Office of Personnel Management published the following information:

    WASHINGTON, DC – The U.S. Office of Personnel Management (OPM) released today a memorandum providing agencies with information on the Federal Government’s longstanding policy to grant employees limited time off from work to vote in Federal, State, county, or municipal elections.

    In addition to excused absence for voting, the memorandum encourages agencies to permit Federal employees to make use of available flexibilities to volunteer as a nonpartisan poll worker, participate in early voting, or to receive an excused absence if their polling place requires an extended commute and voting by absentee ballot is not permitted.

    The complete memorandum can be read here.
    ...
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  • Federal Reserve Board extends Temporary Actions aimed at Increasing the Availability of Intraday Credit extended by Federal Reserve Banks

    Federal Reserve Board extends Temporary Actions aimed at Increasing the Availability of Intraday Credit extended by Federal Reserve Banks | site |



    (October 1, 2020) - - Today, October 1, 2020, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board on Thursday extended to March 31, 2021, temporary actions aimed at increasing the availability of intraday credit extended by Federal Reserve Banks on both a collateralized and uncollateralized basis. These temporary actions: (1) suspend uncollateralized intraday credit limits (net debit caps) and waive overdraft fees for institutions that are eligible for the primary credit program; (2) permit a streamlined procedure for secondary credit institutions to request collateralized intraday credit (max caps); and (3) suspend two collections of information that are used to calculate net debit caps. These temporary actions, which were announced on April 23,
    ...
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  • Federal Reserve Board Announces it will Extend for an Additional Quarter several Measures to Ensure that Large Banks maintain a High Level of Capital Resilience

    Federal Reserve Board Announces it will Extend for an Additional Quarter several Measures to Ensure that Large Banks maintain a High Level of Capital Resilience | site |



    (September 30, 2020) - - Today, September 30, 2020, the Board of Governors of the Federal Reserve System published the following information: Due to the continued economic uncertainty from the coronavirus response, the Federal Reserve Board on Wednesday announced it will extend for an additional quarter several measures to ensure that large banks maintain a high level of capital resilience. For the fourth quarter of this year, large banks—those with more than $100 billion in total assets—will be prohibited from making share repurchases. Additionally, dividend payments will be capped and tied to a formula based on recent income. The capital positions of large banks have remained strong during the third quarter while such restrictions were in place. In June, the Board released the res
    ...
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  • Federal Reserve Board Updates Frequently Asked Questions on Lender Underwriting for the Main Street Lending Program

    Federal Reserve Board Updates Frequently Asked Questions to Clarify the Board and Department of Treasury’s Expectations regarding Lender Underwriting for the Main Street Lending Program | site |



    (September 18, 2020) - - Today, September 18, 2020, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve Board on Friday updated its frequently asked questions (FAQs) to clarify the Board and Department of Treasury's expectations regarding lender underwriting for the Main Street Lending Program. The revised FAQs emphasize that lender underwriting should look back to the borrower's pre-pandemic condition and forward to their post-pandemic prospects. The FAQs also clarify supervisory expectations for lenders originating Main Street loans. The program supports lending to small and medium-sized for-profit businesses and nonprofit organizations that were in sound financial condition before the COVID-19 pandemic but l...
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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 | 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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  • Staff Reporter 1
    Federal Election Commission says District Court issues opinion in McCutcheon, et al. v. FEC
    by Staff Reporter 1
    Federal Election Commission says District Court issues opinion in McCutcheon, et al. v. FEC | site |


    (October 20, 2020) - - Today, October 20, 2020, the Federal Election Commission (FEC) published the following information:

    WASHINGTON – The United States District Court for the District of Columbia issued a Memorandum Opinion and Order in McCutcheon, et al. v. FEC (Case No. 20-2485) on Monday, denying Plaintiffs’ motion for a preliminary injunction.
    ...
    10-22-2020, 09:37 PM
  • Staff Reporter 1
    FTC Issues Annual Report to Congress on Protecting Older Adults
    by Staff Reporter 1
    Federal Trade Commission Issues Annual Report to Congress on Protecting Older Adults| site |



    (October 19, 2020) - - Today, October 19, 2020, the Federal Trade Commission (FTC) published the following information:

    The Federal Trade Commission’s annual report to Congress on protecting older adults, issued today, provides a detailed look at the scams that most often affect adults over 60, as well as the FTC’s research, law enforcement, and education efforts aimed at protecting older consumers—a top priority for the agency.

    As part of the FTC’s efforts to understand how fraud is affecting older adults, the report, Protecting Older Consumers 2019-2020: A Report of the Federal Trade Commission, includes analysis of FTC consumer complaint data. In 2019, as in prior years, older adults (aged 60 and older) were less likely than younger adults (aged 20 to 59) to report losing money to fraud, but reported much higher individual dollar losses. In
    ...
    10-22-2020, 05:58 PM
  • Staff Reporter 1
    Department of Veterans Affairs says Federal Electronic Health Record connects with more Community Partners
    by Staff Reporter 1
    Department of Veterans Affairs says Federal Electronic Health Record connects with more Community Partners | site |


    VA says addition of new health care network enhances patient care


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

    WASHINGTON — The Federal Electronic Health Record Modernization (FEHRM) program office announced the Department of Veterans Affairs (VA), Department of Defense (DOD) and Department of Homeland Security’s U.S. Coast Guard (USCG) expanded their joint health information exchange (HIE) network with the private sector, Oct. 9, after connecting with the CommonWell Health Alliance. CommonWell brings a nationwide network of more than 15,000 hospitals and clinics to the 46,000 community partners already part of the joint HIE. Launched earlier this year, the joint HIE is a modernized health data sharing capability that enhances the abili...
    10-15-2020, 05:39 AM
  • Staff Reporter 1
    Federal Housing Administration launches FHA Catalyst Electronic Multifamily Application Submission Capabilities
    by Staff Reporter 1
    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
    ...
    10-15-2020, 04:03 AM
  • Staff Reporter 1
    Federal Reserve requests Public Comment on Technical, Clarifying Updates
    by Staff Reporter 1
    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...
    10-14-2020, 10:32 PM

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