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  • Statement Regarding Repurchase Agreement Arrangements

    Statement Regarding Repurchase Agreement Arrangements

    Statement Regarding Repurchase Agreement Arrangements | site |



    (Information contained in Board of Governors of the Federal Reserve System press release date: July 28, 2021) The Federal Open Market Committee on Wednesday announced the establishment of two standing repurchase agreement (repo) facilities—a domestic standing repo facility (SRF) and a repo facility for foreign and international monetary authorities (FIMA repo facility). These facilities will serve as backstops in money markets to support the effective implementation of monetary policy and smooth market functioning. Under the SRF, the Federal Reserve will conduct daily overnight repo operations against Treasury securities, agency debt securities, and agency mortgage-backed securities, with a maximum operation size of $500 billion. The minimum bid rate for repos under the facility will be set initially at 25 basis points, somewhat above the general level of overnight inte...
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  • The United States Officially Rejoins the Paris Agreement

    The United States Officially Rejoins the Paris Agreement

    The United States Officially Rejoins the Paris Agreement | site |


    (Information contained in U.S. Department of State press release dated: February 19, 2021)


    February 19, 2021
    Press Statement
    Antony J. Blinken, U.S. Secretary of State On January 20, on his first day in office, President Biden signed the instrument to bring the United States back into the Paris Agreement. Per the terms of the Agreement, the United States officially becomes a Party again today. The Paris Agreement is an unprecedented framework for global action. We know because we helped design it and make it a reality. Its purpose is both simple and expansive: to help us all avoid catastrophic planetary warming and to build resilience around the world to the impacts from climate change we already see. Now, as momentous as our joining the Agreement was in 2016 — and as momentous as our rejoining is today — what we do in the coming weeks, months, and years
    ...
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  • UPS announces agreement to sell UPS Freight to TFI International Inc.

    UPS announces agreement to sell UPS Freight to TFI International Inc.

    UPS announces Agreement to Sell UPS Freight to TFI International Inc. | site |


    (Information contained in UPS press release dated: January 25, 2021)

    Atlanta, GA


    Transaction Highlights
    • Includes UPS less-than-truckload (LTL) and dedicated truckload businesses
    • Expected to close during the second quarter of 2021

    UPS (NYSE: UPS), has entered into a definitive agreement to sell UPS Freight (UPSF) to TFI International Inc. (NYSE and TSX: TFII) for $800 million, subject to working capital and other adjustments.

    “We’re excited about the future and the opportunities this creates for both UPS and UPS Freight as part of TFI International Inc.,” said UPS Chief
    Executive Officer Carol Tomé. “The agreement allows UPS to be even more laser-focused on the core parts of our business that drive the greatest value for our customers.” The decision to...
    See more | Go to post

  • Boeing Reaches Agreement with Department of Justice

    Boeing Reaches Agreement with Department of Justice

    Boeing Reaches Agreement with Department of Justice | site |


    (Information contained in The Boeing Company press release dated: January 7, 2021) Chicago, Jan. 7, 2021 - - Today, Boeing (NYSE:BA, “the Company”) announced that it has entered into an agreement with the U.S. Department of Justice (DOJ), which resolves the Department’s investigation into the Company relating to the evaluation of the Boeing 737 MAX airplane by the Federal Aviation Administration (FAA). As part of Boeing’s resolution with DOJ, the Department has agreed to defer prosecution of the company, provided that Boeing abides by the obligations set forth in a three-year deferred prosecution agreement, after which time the charge will be dismissed. Under the agreement, Boeing will pay a penalty of $243.6 million and provide $500 million in additional compensation to the families of those lost in the Lion Air and Ethiopian Airlines accidents. The agreement also includes a commitment t...
    See more | Go to post

  • DHS Announces Guatemala, El Salvador, and Honduras Have Signed Asylum Cooperation Agreement

    U.S. Department of Homeland Security Announces Guatemala, El Salvador, and Honduras Have Signed Asylum Cooperation Agreement | site |



    (Information contained in U.S. Department of Homeland Security [DHS] press release dated: December 29, 2020) Today, the Department of Homeland Security (DHS) announced that Guatemala, El Salvador and Honduras have all signed the Asylum Cooperation Agreement (ACA) and all three ACAs have entered into force. This is a historic milestone for the Trump Administration, Central America, and the American people. During Fiscal Year 2019, more than 71% of migrants apprehended at the U.S. Southwest border came from El Salvador, Guatemala, or Honduras—this ACA agreement confronts illegal migration at the source. “Under President Trump’s leadership, DHS is using every available tool at its disposal to mitigate the ongoing humanitarian and security crisis at the border,” said Acting Secretary Chad F. Wolf. “Implementat...
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  • U.S. Department of Homeland Security says Asylum Cooperative Agreement with Honduras Finalized

    U.S. Department of Homeland Security says Asylum Cooperative Agreement with Honduras Finalized | site |


    (Information contained in U.S. Department of Homeland Security [DHS] press release: December 18, 2020) On December 18, 2020, the U.S. Department of Homeland Security (DHS) announced that the United States and Honduras have concluded the implementation accords for the Asylum Cooperative Agreement (ACA) signed in September 2019. Under the ACA, certain migrants requesting asylum or similar humanitarian protection at the U.S. border may be transferred to Honduras to seek protection in Honduras. “Finalizing the Asylum Cooperative Agreement between the United States and Honduras is a critical step in the establishment of a truly regional approach to migration, and, more specifically, to the offer of protection to those migrants who are victims of persecution,” said Acting Secretary of Homeland Security Chad F. Wolf. “The success of these negotiations r...
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  • U.S. Department of Agriculture and NASA Sign Agreement to Improve Agricultural, Earth Science Research

    U.S. Department of Agriculture and NASA Sign Agreement to Improve Agricultural, Earth Science Research | site |



    (Information contained in U.S. Department of Agriculture [USDA] press release: December 17, 2020) (Washington, D.C., December 17, 2020) - - The U.S. Department of Agriculture and NASA have signed a memorandum of understanding aimed at strengthening their longstanding partnership on space-based assets benefitting life on Earth. The agreement brings together NASA’s experience with technology development and space-borne Earth science measurements and USDA’s scientific experience and knowledge of agricultural production, resource conservation, food security and safety, and forests and working lands. USDA and NASA will explore research gaps of importance to the agricultural community that could be addressed through innovative Earth observation systems and technologies developed over the next decade. The collaboration also will address recommendations m...
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  • Federal Reserve announces the Extension of its Temporary U.S. Dollar Liquidity Swap Lines

    Federal Reserve announces the Extension of its Temporary U.S. Dollar Liquidity Swap Lines and the Temporary Repurchase Agreement Facility for Foreign and International Monetary Authorities (FIMA repo facility) through September 30, 2021 | site |


    (Information contained in Board of Governors of the Federal Reserve System press release: December 16, 2020) The Federal Reserve on Wednesday announced the extension of its temporary U.S. dollar liquidity swap lines and the temporary repurchase agreement facility for foreign and international monetary authorities (FIMA repo facility) through September 30, 2021. These facilities were temporarily established in March 2020 to ease strains in global dollar funding markets resulting from the COVID-19 shock and mitigate the effect of such strains on the supply of credit to households and businesses, both domestically and abroad. Extensions to both facilities through March 2021 were announced on ...
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  • United States and the United Kingdom Sign New Open Skies Agreement

    United States and the United Kingdom Sign New Open Skies Agreement

    U.S. Department of Transportation: United States and the United Kingdom Sign New Open Skies Agreement| site |



    (November 17, 2020) - - On November 17, 2020 the U.S. Department of Transportation published the following information:

    WASHINGTON – The United States and the United Kingdom today completed the signature of the Air Transport Agreement (the Agreement) between the Government of the United States of America and the Government of the United Kingdom of Great Britain and Northern Ireland. Secretary of Transportation Elaine L. Chao and Secretary of State Mike Pompeo signed the Agreement for the United States. Secretary of State for Transport Grant Shapps signed the Agreement for the United Kingdom.




    ...
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  • U.S. Department of Labor and Princeton University reach Agreement to Resolve Pay Disparities in Professors' Positions

    U.S. Department of Labor and Princeton University reach Agreement to Resolve Pay Disparities in Professors' Positions | site |




    (October 5, 2020) - - Today, October 5, 2020, the U.S. Department of Labor published the following information:

    NEW YORK, NY – The U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) and Princeton University entered into an early resolution conciliation agreement to resolve allegations of compensation discrimination. Princeton University has agreed to pay $925,000 in back pay and at least $250,000 in future salary adjustments to resolve allegations of compensation discrimination by OFCCP.

    While not admitting liability in the investigation, Princeton University agreed to an early resolution conciliation agreement, and to enhance future compliance proactively. OFCCP’s preliminary findings showed that – between 2012 and 2014 – pay disparities existed for 106 female
    ...
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  • U.S. Department of State addresses U.S. Senate Passage of the United States-Mexico-Canada Agreement

    U.S. Department of State addresses U.S. Senate Passage of the United States-Mexico-Canada Agreement | site |



    (January 16, 2020) - - Today, the U.S. Department of State provided the following statement issued by U.S. Secretary of State Michael R. Pompeo:

    Today, the United States Senate passed the United States-Mexico-Canada Agreement, also known as the USMCA, bringing us one step closer to fulfilling President Trump’s promise to modernize and update trade agreements. Mexico has ratified the USMCA, and we now look forward to the Canadian Parliament’s consideration of this agreement. The USMCA will promote prosperity through reciprocal, balanced, and fair trade while encouraging robust economic engagement in our three nations.
    ...
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  • IRS says New Free File Agreement Signed to Strengthen Program, help Taxpayers

    IRS says New Free File Agreement Signed to Strengthen Program, help Taxpayers

    IRS says New Free File Agreement Signed to Strengthen Program, help Taxpayers| site |



    (December 30, 2019) Today (December 30, 2019), the U.S. Internal Revenue Service (IRS) published the following information:

    WASHINGTON — The Internal Revenue Service announced today an agreement with Free File, Inc. (FFI) designed to bring more clarity for taxpayers choosing to use free online software during the 2020 filing season. The agreement reached will help make the Free File program more taxpayer-friendly while strengthening consumer protections in several key areas. "This updated agreement is part of a larger effort by the IRS to help taxpayers meet their tax obligations," said IRS Commissioner Chuck Rettig. "It continues to show the partnership we enjoy with the Free File partners and the commitment we both share in helping taxpayers since the program's creation 18 years ago. The improved process will make Free File stronger and give taxpayers another rea
    ...
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  • U.S. Secretary of State Michael R. Pompeo issues Statement on the United States-Mexico-Canada Agreement

    U.S. Secretary of State Michael R. Pompeo issues Statement on the United States-Mexico-Canada Agreement| site |


    (December 11, 2019) - - Today, the U.S. Department of State published the following statement issued by U.S. Secretary of State Michael R. Pompeo: On December 10, U.S. Trade Representative Robert Lighthizer and White House Senior Advisor Jared Kushner announced a compromise agreement after months of intensive negotiations that will bring the United States, Mexico, and Canada closer to passage of the United States-Mexico-Canada Agreement (USMCA). They were hosted in Mexico City by President Lopez Obrador and Foreign Secretary Ebrard, along with Canadian Deputy Prime Minister Freeland. The USMCA is a new, modernized trade agreement for the 21st Century. It sets high standards for labor, the environment, digital trade, and more. The Department of State welcomes this opportunity to work with our partners in Canada and Mexico to improve free and fair trade among...
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  • U.S. General Services Administration Awards Second Generation Information Technology (2GIT) Blanket Purchase Agreement

    U.S. General Services Administration Awards Second Generation Information Technology (2GIT) Blanket Purchase Agreement| site |


    GSA says Governmentwide solution provides agencies with comprehensive mission-critical IT


    (November 5, 2019) - - Today (November 5, 2019), the U.S. General Services Administration (GSA) published the following information: WASHINGTON – The U.S. General Services Administration announced the award of its Second Generation Information Technology (2GIT) Blanket Purchase Agreements (BPAs) to 75 industry partners, which includes 56 small businesses. The BPAs have an estimated value of $5.5 billion over five years, and are available for use by all agencies across the federal government as well as state, local, and tribal entities consistent with GSA's 2019 Cooperative Purchasing program. The 2GIT solution is a reliable, flexible, fast, and efficient way to obtain best-value solutions for complex IT hardware requirements. “The 2GIT p...
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  • MoneyGram Agrees to Pay 125 Million Dollars to Settle Allegations that the Company Violated the FTC’s 2009 Order and Breached a 2012 DOJ Deferred Prosecution Agreement

    MoneyGram Agrees to Pay $125 Million to Settle Allegations that the Company Violated the FTC’s 2009 Order and Breached a 2012 DOJ Deferred Prosecution Agreement



    (November 8, 2018) - - Today, the Federal Trade Commission published the following information:

    MoneyGram International, Inc. has agreed to pay $125 million to settle allegations that the company failed to take steps required under a 2009 Federal Trade Commission order to crack down on fraudulent money transfers that cost U.S. consumers millions of dollars.

    The $125 million payment is part of a global settlement that resolves allegations that MoneyGram also violated a separate 2012 deferred prosecution agreement with the Department of Justice. “The FTC’s 2009 order required MoneyGram to protect consumers from fraud through its money transfer system, and today we are holding MoneyGram accountable for its fai
    ...
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  • Staff Reporter 1
    Statement Regarding Repurchase Agreement Arrangements
    by Staff Reporter 1
    Statement Regarding Repurchase Agreement Arrangements | site |



    (Information contained in Board of Governors of the Federal Reserve System press release date: July 28, 2021) The Federal Open Market Committee on Wednesday announced the establishment of two standing repurchase agreement (repo) facilities—a domestic standing repo facility (SRF) and a repo facility for foreign and international monetary authorities (FIMA repo facility). These facilities will serve as backstops in money markets to support the effective implementation of monetary policy and smooth market functioning. Under the SRF, the Federal Reserve will conduct daily overnight repo operations against Treasury securities, agency debt securities, and agency mortgage-backed securities, with a maximum operation size of $500 billion. The minimum bid rate for repos under the facility will be set initially at 25 basis points, somewhat above the general level of overnight inte...
    08-13-2021, 11:15 PM
  • Staff Reporter 1
    The United States Officially Rejoins the Paris Agreement
    by Staff Reporter 1
    The United States Officially Rejoins the Paris Agreement | site |


    (Information contained in U.S. Department of State press release dated: February 19, 2021)


    February 19, 2021
    Press Statement
    Antony J. Blinken, U.S. Secretary of State On January 20, on his first day in office, President Biden signed the instrument to bring the United States back into the Paris Agreement. Per the terms of the Agreement, the United States officially becomes a Party again today. The Paris Agreement is an unprecedented framework for global action. We know because we helped design it and make it a reality. Its purpose is both simple and expansive: to help us all avoid catastrophic planetary warming and to build resilience around the world to the impacts from climate change we already see. Now, as momentous as our joining the Agreement was in 2016 — and as momentous as our rejoining is today — what we do in the coming weeks, months, and years
    ...
    02-19-2021, 10:00 PM
  • Staff Reporter 1
    UPS announces agreement to sell UPS Freight to TFI International Inc.
    by Staff Reporter 1
    UPS announces Agreement to Sell UPS Freight to TFI International Inc. | site |


    (Information contained in UPS press release dated: January 25, 2021)

    Atlanta, GA


    Transaction Highlights
    • Includes UPS less-than-truckload (LTL) and dedicated truckload businesses
    • Expected to close during the second quarter of 2021

    UPS (NYSE: UPS), has entered into a definitive agreement to sell UPS Freight (UPSF) to TFI International Inc. (NYSE and TSX: TFII) for $800 million, subject to working capital and other adjustments.

    “We’re excited about the future and the opportunities this creates for both UPS and UPS Freight as part of TFI International Inc.,” said UPS Chief
    Executive Officer Carol Tomé. “The agreement allows UPS to be even more laser-focused on the core parts of our business that drive the greatest value for our customers.” The decision to...
    02-11-2021, 08:04 AM
  • Staff Reporter 1
    Boeing Reaches Agreement with Department of Justice
    by Staff Reporter 1
    Boeing Reaches Agreement with Department of Justice | site |


    (Information contained in The Boeing Company press release dated: January 7, 2021) Chicago, Jan. 7, 2021 - - Today, Boeing (NYSE:BA, “the Company”) announced that it has entered into an agreement with the U.S. Department of Justice (DOJ), which resolves the Department’s investigation into the Company relating to the evaluation of the Boeing 737 MAX airplane by the Federal Aviation Administration (FAA). As part of Boeing’s resolution with DOJ, the Department has agreed to defer prosecution of the company, provided that Boeing abides by the obligations set forth in a three-year deferred prosecution agreement, after which time the charge will be dismissed. Under the agreement, Boeing will pay a penalty of $243.6 million and provide $500 million in additional compensation to the families of those lost in the Lion Air and Ethiopian Airlines accidents. The agreement also includes a commitment t...
    01-11-2021, 08:09 PM
  • Staff Reporter 1
    DHS Announces Guatemala, El Salvador, and Honduras Have Signed Asylum Cooperation Agreement
    by Staff Reporter 1
    U.S. Department of Homeland Security Announces Guatemala, El Salvador, and Honduras Have Signed Asylum Cooperation Agreement | site |



    (Information contained in U.S. Department of Homeland Security [DHS] press release dated: December 29, 2020) Today, the Department of Homeland Security (DHS) announced that Guatemala, El Salvador and Honduras have all signed the Asylum Cooperation Agreement (ACA) and all three ACAs have entered into force. This is a historic milestone for the Trump Administration, Central America, and the American people. During Fiscal Year 2019, more than 71% of migrants apprehended at the U.S. Southwest border came from El Salvador, Guatemala, or Honduras—this ACA agreement confronts illegal migration at the source. “Under President Trump’s leadership, DHS is using every available tool at its disposal to mitigate the ongoing humanitarian and security crisis at the border,” said Acting Secretary Chad F. Wolf. “Implementat...
    12-30-2020, 05:16 AM

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