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  • Federal Communications Commission offers Guidance on Connected Care Pilot Program; Announces 36 newly approved Projects

    Federal Communications Commission offers Guidance on Connected Care Pilot Program; Announces 36 newly approved Projects | site |




    $100 Million Program Will Support Connected Care Service Across Country, Focus on Low-Income and Veteran Patients


    (Information contained in Federal Communications Commission [FCC] press release dated: June 17, 2021) Washington, June 17, 2021 - - Today the Federal Communications Commission approved a Report and Order offering further guidance on the administration of its $100 million Connected Care Pilot Program, including guidance on eligible services, competitive bidding, invoicing, and data reporting for selected participants, which will enable applicants selected for the Pilot Program to begin their projects. Additionally, the FCC this week voted to approve 36 additional pilot projects for a total of over $31 million in funding. The newly selected Pilot projects join an initial set of 23 p...
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  • Federal Reserve Board and Federal Open Market Committee release Economic Projections from the June 15-16 FOMC Meeting

    Federal Reserve Board and Federal Open Market Committee release Economic Projections from the June 15-16 FOMC Meeting | site |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 16, 2021)

    The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the June 15-16 meeting.

    Projections (PDF) | Accessible Materials
    ...
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  • The Federal Communications Commission further strengthens Emergency Alerting

    The Federal Communications Commission further strengthens Emergency Alerting

    The Federal Communications Commission further strengthens Emergency Alerting | site |



    (Information contained in Federal Communications Commission [FCC] press release dated: June 17, 2021) Washington, June 17, 2021 - - The Federal Communications Commission today adopted rules to improve the way the public receives emergency alerts on their mobile phones, televisions, and radios. The nation’s Emergency Alert System and Wireless Emergency Alerts help keep the public safe and informed and are of ever-increasing importance given the emergencies and disasters Americans have faced in recent years. In 2018, however, a false emergency alert in Hawaii mistakenly warned of an incoming ballistic missile and highlighted the need to improve these systems. The National Defense Authorization Act for Fiscal Year 2021 subsequently directed the Commission, in consultation with the Federal Emergency Management Agency, to adopt rules to strengthen emergency...
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  • Federal Reserve Board Chair Powell will host Town Hall with Educators August 2, 2021 at 4 p.m. EDT

    Federal Reserve Board Chair Powell will host Town Hall with Educators August 2, 2021 at 4 p.m. EDT | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 17, 2021)

    Federal Reserve Board Chair Jerome H. Powell will host a town hall with educators on August 2, 2021 at 4 p.m. EDT. During the event, Chair Powell will respond to questions asked by participants who will join the event virtually from across the country.

    The event will be broadcast at federalreserve.gov and at youtube.com/federalreserve. Viewers can follow the Federal Reserve Board on Twitter at @FederalReserve, on Facebook at facebook.com/federalreserve, and join in on the discussion by using the hashtag: #FedTownHall.
    ...
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  • Federal Reserve announces the extension of its Temporary U.S. Dollar Liquidity Swap Lines with nine Central Banks through December 31, 2021

    Federal Reserve announces the extension of its Temporary U.S. Dollar Liquidity Swap Lines with nine Central Banks through December 31, 2021 | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 16, 2021) The Federal Reserve on Wednesday announced the extension of its temporary U.S. dollar liquidity swap lines with nine central banks through December 31, 2021. These arrangements were first announced on March 19, 2020 to ease strains in global dollar funding markets resulting from the COVID-19 shock and to mitigate the effect of such strains on the supply of credit to households and businesses, both domestically and abroad. Extensions to the facility through March 2021 and later through September 2021 were announced on July 29, 2020 and December 16, 2020, respectively. A further extension of the temporary swap lines will help sustain improvements in global U.S. dollar funding mar...
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  • FEMA Administrator Deanne Criswell Delivers Speech at National Hurricane Conference

    Federal Emergency Management Agency Administrator Deanne Criswell Delivers Speech at National Hurricane Conference | site |



    (Information contained in Federal Emergency Management Agency [FEMA] press release dated: June 16, 2021)

    Washington - - Today, FEMA Administrator Deanne Criswell delivered a speech on hurricane and disaster preparedness at the National Hurricane Conference in New Orleans. Other speakers were Ken Graham, Director, National Hurricane Center, Miami; James Waskom, Director, Governor’s Office of Homeland Security and Emergency Preparedness, Baton Rouge, La.; and Kevin Guthrie, Director, Florida Division of Emergency Management, Tallahassee, Fla.

    Below is the administrator’s speech as prepared for delivery. Good afternoon. It is a pleasure to be here – in person – with all of you today. I am so proud of this community because you embody the resilience this nation demonstrated during the last 18 mont
    ...
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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 |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 16, 2021) The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. Progress on vaccinations has reduced the spread of COVID-19 in the United States. Amid this progress and strong policy support, indicators of economic activity and employment have strengthened. The sectors most adversely affected by the pandemic remain weak but have shown improvement. Inflation has risen, largely reflecting transitory factors. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses. The path of the economy will depend significantly on the course of the virus. Progres...
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  • Federal Communications Commission announces Emergency Connectivity Fund Application Window will Open on June 29

    Federal Communications Commission announces Emergency Connectivity Fund Application Window will Open on June 29 | site |



    FCC says Schools and Libraries Will Have 45 Days to Apply for Support to Aid Students Who Fall into the Homework Gap


    (Information contained in Federal Communications Commission [FCC] press release dated: June 15, 2021) Washington, June 15, 2021 - - Today, FCC Acting Chairwoman Jessica Rosenworcel announced schools and libraries can begin to file applications on June 29 for the newly established $7.17 billion Emergency Connectivity Fund. Schools and libraries can apply for financial support to purchase laptops and tablets, Wi-Fi hotspots, modems, routers, and broadband connections for off-campus use by students, school staff, and library patrons. During this 45-day application filing window, which will run from June 29 to August 13, eligible schools and libraries can submit requests for funding to purchase el...
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  • U.S. Small Business Administration Announces Funding Competition to Organizations Providing Federal Procurement Training to Veteran Entrepreneurs

    U.S. Small Business Administration Announces Funding Competition to Organizations Providing Federal Procurement Training to Veteran Entrepreneurs | site |


    (Information contained in U.S. Small Business Administration [SBA] press release dated: June 12, 2021)

    Washington - - The U.S. Small Business Administration today announced that non-profit organizations and private sector firms are now eligible to compete for funding of up to $500,000 to deliver federal procurement training to veteran and service-disabled veteran entrepreneurs. The application period begins today through July 12, 2021.

    Up to two awardees will use the $500,000 in total funding to participate in the Veteran Federal Procurement Entrepreneurship Training Program (SB-OVVT-21-001) with grants from SBA’s Office of Veterans Business Development. Awards will be made for a base project period of 12 months, with three option periods of 12 months each. These funds will be used
    ...
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  • Federal Communications Commission announces 3.45 GHz Band Auction Procedures

    Federal Communications Commission announces 3.45 GHz Band Auction Procedures

    Federal Communications Commission announces 3.45 GHz Band Auction Procedures | site |



    5G Auction of Mid-Band Spectrum Set for October 2021


    (Information contained in Federal Communications Commission [FCC] press release dated: June 9, 2021)

    Washington, June 9, 2021—FCC Acting Chairwoman Jessica Rosenworcel today announced the latest step in making mid-band spectrum available for next generation wireless services, including 5G. In a Public Notice, the FCC’s Office of Economics and Analytics and the Wireless Telecommunications Bureau established the application and bidding procedures for Auction 110, the auction of spectrum in the 3.45 GHz band. Bidding is scheduled to start on October 5, 2021. “This is a critical step toward delivering on the promise of 5G,” said Rosenworcel. “This auction will bring us closer to 5G service that is fast, secure, resilient, and most importantly, available across the country. I want to t
    ...
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  • Federal Reserve Board announces that Results from its Bank Stress Tests will be released on Thursday, June 24, at 4:30 p.m. EDT

    Federal Reserve Board announces that Results from its Bank Stress Tests will be released on Thursday, June 24, at 4:30 p.m. EDT | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 7, 2021) The Federal Reserve Board announced on Monday that results from its bank stress tests will be released on Thursday, June 24, at 4:30 p.m. EDT. Stress tests help ensure that banks have adequate capital to absorb losses so that they can lend to households and businesses even in a severe recession. For the 2021 stress tests, the resilience of large banks is being tested against a hypothetical recession featuring a severe global downturn with substantial stress in commercial real estate and corporate debt markets. Banks with more than $100 billion in total consolidated assets are subject to the Board's stress tests. The smaller banks among those subject to the Board's stress test are only required to pa...
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  • FCC secures Life-saving Commitments from Wireless Carriers to deliver 911 Vertical Location Information Nationwide within seven Days

    Federal Communications Commission secures Life-saving Commitments from Wireless Carriers to deliver 911 Vertical Location Information Nationwide within seven Days | site |




    FCC Reached Enforceable Settlements with AT&T, T-Mobile, and Verizon


    (Information contained in Federal Communications Commission [FCC] press release dated: June 3, 2021) Washington, June 3, 2021 - - FCC Acting Chairwoman Jessica Rosenworcel today announced breakthrough agreements with America’s three largest mobile phone providers to start delivering vertical location information in connection with 911 calls nationwide in the coming days. This information will help first responders quickly locate 911 callers in multi-story buildings, which will reduce response times and ultimately save lives. The FCC adopted rules to improve location information for 911 wireless calls back in 2015. Those rules required nationwide wireless providers to deploy dispatchable location o...
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  • Federal Open Market Committee announces its tentative Meeting Schedule for 2022

    Federal Open Market Committee announces its tentative Meeting Schedule for 2022

    Federal Open Market Committee announces its tentative Meeting Schedule for 2022 | site |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 4, 2021)

    The Federal Open Market Committee on Friday announced its tentative meeting schedule for 2022:

    January 25-26 (Tuesday-Wednesday)

    March 15-16 (Tuesday-Wednesday)

    May 3-4 (Tuesday-Wednesday)

    June 14-15 (Tuesday-Wednesday)

    July 26-27 (Tuesday-Wednesday)

    September 20-21 (Tuesday-Wednesday)

    November 1-2 (Tuesday-Wednesday)

    December 13-14 (Tuesday-Wednesday)

    January 31-February 1, 2023 (Tuesday-Wednesday)
    ...
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  • FTC Sends More Than 172 Million Dollars in Refunds to Consumers allegedly Misled by Rent-To-Own Provider Progressive Leasing

    Federal Trade Commission Sends More Than $172 Million in Refunds to Consumers allegedly Misled by Rent-To-Own Provider Progressive Leasing | site |



    FTC says more than two million consumers will receive refunds from FTC case alleging false promises of “same as cash” payment plans


    (Information contained in Federal Trade Commission [FTC] press release dated: June 7, 2021) The Federal Trade Commission is returning more than $172 million to consumers who overpaid for merchandise they purchased using rent-to-own plans provided by Progressive Leasing. More than two million consumers will receive refund checks. The FTC’s complaint against the company, filed in April 2020, alleged that Progressive misled consumers about the true price of items purchased through its plans. Consumers who visited retailers to buy items such as furniture, jewelry, or cellphones frequently were told that Progressive’s payment plans were “same as cash” or “no int...
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  • FEMA says Pennsylvania Releases New Mapping Tool to Show Flood Risk

    FEMA says Pennsylvania Releases New Mapping Tool to Show Flood Risk

    Federal Emergency Management Agency says Pennsylvania Releases New Mapping Tool to Show Flood Risk | site |




    (Information contained in Federal Emergency Management Agency [FEMA] press release dated: June 7, 2021)

    Philadelphia - - The Commonwealth of Pennsylvania released a new mobile tool, https://pafloodrisk.psu.edu/home/index.html , that provides the latest flood mapping information. The new mapping tool, which can be used from a desktop computer, cell phone, or other mobile device, brings together data from FEMA and across the Commonwealth into one consolidated application. “This is a great way for the residents of Pennsylvania to learn about their flood risk in an easy-to-access application”, said Maurie Kelly, Director of Informatics at Penn State’s Institutes of Energy and the Environment. “Users just type in their address and can immediately see information about their location, print a report, or get a quick 3D visualiz
    ...
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  • Staff Reporter 1
    Federal Communications Commission offers Guidance on Connected Care Pilot Program; Announces 36 newly approved Projects
    by Staff Reporter 1
    Federal Communications Commission offers Guidance on Connected Care Pilot Program; Announces 36 newly approved Projects | site |




    $100 Million Program Will Support Connected Care Service Across Country, Focus on Low-Income and Veteran Patients


    (Information contained in Federal Communications Commission [FCC] press release dated: June 17, 2021) Washington, June 17, 2021 - - Today the Federal Communications Commission approved a Report and Order offering further guidance on the administration of its $100 million Connected Care Pilot Program, including guidance on eligible services, competitive bidding, invoicing, and data reporting for selected participants, which will enable applicants selected for the Pilot Program to begin their projects. Additionally, the FCC this week voted to approve 36 additional pilot projects for a total of over $31 million in funding. The newly selected Pilot projects join an initial set of 23 p...
    06-21-2021, 05:57 PM
  • Staff Reporter 1
    Federal Reserve Board and Federal Open Market Committee release Economic Projections from the June 15-16 FOMC Meeting
    by Staff Reporter 1
    Federal Reserve Board and Federal Open Market Committee release Economic Projections from the June 15-16 FOMC Meeting | site |




    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 16, 2021)

    The attached tables and charts released on Wednesday summarize the economic projections made by Federal Open Market Committee participants in conjunction with the June 15-16 meeting.

    Projections (PDF) | Accessible Materials
    ...
    06-18-2021, 09:11 AM
  • Staff Reporter 1
    The Federal Communications Commission further strengthens Emergency Alerting
    by Staff Reporter 1
    The Federal Communications Commission further strengthens Emergency Alerting | site |



    (Information contained in Federal Communications Commission [FCC] press release dated: June 17, 2021) Washington, June 17, 2021 - - The Federal Communications Commission today adopted rules to improve the way the public receives emergency alerts on their mobile phones, televisions, and radios. The nation’s Emergency Alert System and Wireless Emergency Alerts help keep the public safe and informed and are of ever-increasing importance given the emergencies and disasters Americans have faced in recent years. In 2018, however, a false emergency alert in Hawaii mistakenly warned of an incoming ballistic missile and highlighted the need to improve these systems. The National Defense Authorization Act for Fiscal Year 2021 subsequently directed the Commission, in consultation with the Federal Emergency Management Agency, to adopt rules to strengthen emergency...
    06-18-2021, 03:11 AM
  • Staff Reporter 1
    Federal Reserve Board Chair Powell will host Town Hall with Educators August 2, 2021 at 4 p.m. EDT
    by Staff Reporter 1
    Federal Reserve Board Chair Powell will host Town Hall with Educators August 2, 2021 at 4 p.m. EDT | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 17, 2021)

    Federal Reserve Board Chair Jerome H. Powell will host a town hall with educators on August 2, 2021 at 4 p.m. EDT. During the event, Chair Powell will respond to questions asked by participants who will join the event virtually from across the country.

    The event will be broadcast at federalreserve.gov and at youtube.com/federalreserve. Viewers can follow the Federal Reserve Board on Twitter at @FederalReserve, on Facebook at facebook.com/federalreserve, and join in on the discussion by using the hashtag: #FedTownHall.
    ...
    06-18-2021, 12:32 AM
  • Staff Reporter 1
    Federal Reserve announces the extension of its Temporary U.S. Dollar Liquidity Swap Lines with nine Central Banks through December 31, 2021
    by Staff Reporter 1
    Federal Reserve announces the extension of its Temporary U.S. Dollar Liquidity Swap Lines with nine Central Banks through December 31, 2021 | site |



    (Information contained in Board of Governors of the Federal Reserve System press release dated: June 16, 2021) The Federal Reserve on Wednesday announced the extension of its temporary U.S. dollar liquidity swap lines with nine central banks through December 31, 2021. These arrangements were first announced on March 19, 2020 to ease strains in global dollar funding markets resulting from the COVID-19 shock and to mitigate the effect of such strains on the supply of credit to households and businesses, both domestically and abroad. Extensions to the facility through March 2021 and later through September 2021 were announced on July 29, 2020 and December 16, 2020, respectively. A further extension of the temporary swap lines will help sustain improvements in global U.S. dollar funding mar...
    06-17-2021, 08:22 AM

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