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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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  • 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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  • Federal Reserve Board welcomes and supports Release of Proposal and Supervisory Statements that would enable Clear End Date for U.S. Dollar (USD) LIBOR

    Federal Reserve Board welcomes and supports Release of Proposal and Supervisory Statements that would enable Clear End Date for U.S. Dollar (USD) LIBOR and would Promote the Safety and Soundness of the Financial System | site |



    (Information contained in a Board of Governors of the Federal Reserve System press release: November 30, 2020) The Federal Reserve Board on Monday welcomed and supported the release of a proposal and supervisory statements that would enable a clear end date for U.S. Dollar (USD) LIBOR and would promote the safety and soundness of the financial system. The announcements today by regulators in the United States and United Kingdom and by the benchmark administrator for LIBOR together lay out a path forward in which banks should stop writing new USD LIBOR contracts by the end of 2021, while most legacy contracts will be able to mature before LIBOR stops. "Today's plan ensures that the transition away from LIBOR will be orderly and fai...
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  • Coordinated Central Bank Action to Further Enhance the Provision of U.S. Dollar Liquidity

    Coordinated Central Bank Action to Further Enhance the Provision of U.S. Dollar Liquidity | site |



    (March 20, 2020) - - Today (March 20, 2020), the Board of Governors of the Federal Reserve System published the following information:

    The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to further enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. To improve the swap lines' effectiveness in providing U.S. dollar funding, these central banks have agreed to increase the frequency of 7-day maturity operations from weekly to daily. These daily operations will commence on Monday, March 23, 2020, and will continue at least through the end of April. The central banks also will continue to hold weekly 84-day maturity operations. The swap lines among these central banks are available sta...
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  • U.S. Food and Drug Administration issues Warning Letter to Dollar Tree Stores for Receiving Potentially Unsafe Drugs

    U.S. Food and Drug Administration issues Warning Letter to Dollar Tree Stores for Receiving Potentially Unsafe Drugs | site |



    (November 14, 2019) - - Today (November 14, 2019), the U.S. Food and Drug Administration (FDA) published the following information:

    The U.S. Food and Drug Administration has issued a warning letter to Greenbrier International, Inc., doing business as Dollar Tree, for receiving over-the-counter (OTC) drugs produced by foreign manufacturers found to have serious violations of federal law. The warning letter outlines multiple violations of current good manufacturing practices at contract manufacturers used to produce Dollar Tree’s Assured Brand OTC drugs as well as other drug products sold at Dollar Tree and Family Dollar stores. “Protecting patient health and safety is our highest priority, and the FDA continues to investigate and take action against companies that place U.S. patients at risk. Americans expect and deserve
    ...
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  • Agencies Announce Dollar Thresholds in Regulations Z and M for Exempt Consumer Credit and Lease Transactions

    Agencies Announce Dollar Thresholds in Regulations Z and M for Exempt Consumer Credit and Lease Transactions| site |


    Board of Governors of the Federal Reserve System

    Consumer Financial Protection Bureau
    (October 31, 2019) - - Today (October 31, 2019), the Board of Governors of the Federal Reserve System published the following information: The Consumer Financial Protection Bureau (Bureau) and Federal Reserve Board today announced the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) that will apply for determining exempt consumer credit and lease transactions in 2020. These thresholds are set pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) amendments to the Truth in Lending Act and the Consumer Leasing Act that require adjusting these thresholds annually based on the annual percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
    ...
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  • U.S. Department of the Interior Announces Multi-Billion Dollar Regulatory Relief in FY 2018

    U.S. Department of the Interior Announces Multi-Billion Dollar Regulatory Relief in FY 2018



    (October 17, 2018) - - On this date the U.S. Department of the Interior published the following information:


    Washington, DC - - Today, the U.S. Department of the Interior announced its success in reducing the Department's regulatory burden in support of and compliance with President Donald Trump's Executive Order 13771 on Reducing Regulation and Controlling Regulatory Costs. Interior has been a leader in the Trump Administration at cutting bureaucratic red tape. Fiscal Year 2018 regulatory reform actions have resulted in a savings of roughly $2.5 billion in net present value. Since January 2017, Interior has withdrawn more than 150 proposed rulemakings from the regulatory agenda and finalized no less than 19 deregulatory actions in FY2018. These regulatory reforms coupled with historic
    ...
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  • U.S. Department of Transportation Launches BUILD Transportation Program, Announces 1.5 Billion Dollar Notice of Funding Opportunity

    U.S. Department of Transportation Launches BUILD Transportation Program, Announces $1.5 Billion Notice of Funding Opportunity




    Washington, DC - - (April 20, 2018) - - The U.S. Department of Transportation (DOT) today published a Notice of Funding Opportunity (NOFO) to apply for $1.5 billion in discretionary grant funding through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program. BUILD Transportation grants will replace the pre-existing Transportation Investment Generating Economic Recovery (TIGER) grant program. As the Administration looks to enhance America’s infrastructure, FY 2018 BUILD Transportation grants are for investments in surface transportation infrastructure and are to be awarded on a competitive basis for projects that will have a significant local or regional impact. BUILD funding can support roads, bridges, tr...
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  • FirstNet Partners with AT&T to Build 46.5 Billion Dollar Wireless Broadband Network for America’s First Responders

    FirstNet Partners with AT&T to Build $46.5 Billion Wireless Broadband Network for America’s First Responders







    Record-breaking public-private partnership will modernize emergency communications infrastructure, saving lives, protecting communities, and creating jobs




    Washington, DC - - (March 30, 2017) - - Today the Department of Commerce and First Responder Network Authority (FirstNet) announced the selection of AT&T to build the first nationwide wireless broadband network dedicated to America’s first responders. This record-breaking public-private partnership is a significant investment in the communications infrastructure that public safety desperately needs for day-to-day operations, disaster response and recovery, and securing of large events. It will also make 20 MHz of prime broadband spectrum available for private-sector development. “Today is a landmark day for public safety across the Nation
    ...
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  • 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
  • Staff Reporter 1
    Federal Reserve announces the Extension of its Temporary U.S. Dollar Liquidity Swap Lines
    by Staff Reporter 1
    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 ...
    12-18-2020, 01:17 PM
  • Staff Reporter 1
    Federal Reserve Board welcomes and supports Release of Proposal and Supervisory Statements that would enable Clear End Date for U.S. Dollar (USD) LIBOR
    by Staff Reporter 1
    Federal Reserve Board welcomes and supports Release of Proposal and Supervisory Statements that would enable Clear End Date for U.S. Dollar (USD) LIBOR and would Promote the Safety and Soundness of the Financial System | site |



    (Information contained in a Board of Governors of the Federal Reserve System press release: November 30, 2020) The Federal Reserve Board on Monday welcomed and supported the release of a proposal and supervisory statements that would enable a clear end date for U.S. Dollar (USD) LIBOR and would promote the safety and soundness of the financial system. The announcements today by regulators in the United States and United Kingdom and by the benchmark administrator for LIBOR together lay out a path forward in which banks should stop writing new USD LIBOR contracts by the end of 2021, while most legacy contracts will be able to mature before LIBOR stops. "Today's plan ensures that the transition away from LIBOR will be orderly and fai...
    12-01-2020, 10:42 AM
  • Staff Reporter 1
    Coordinated Central Bank Action to Further Enhance the Provision of U.S. Dollar Liquidity
    by Staff Reporter 1
    Coordinated Central Bank Action to Further Enhance the Provision of U.S. Dollar Liquidity | site |



    (March 20, 2020) - - Today (March 20, 2020), the Board of Governors of the Federal Reserve System published the following information:

    The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to further enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. To improve the swap lines' effectiveness in providing U.S. dollar funding, these central banks have agreed to increase the frequency of 7-day maturity operations from weekly to daily. These daily operations will commence on Monday, March 23, 2020, and will continue at least through the end of April. The central banks also will continue to hold weekly 84-day maturity operations. The swap lines among these central banks are available sta...
    03-23-2020, 10:19 AM
  • Staff Reporter 1
    U.S. Food and Drug Administration issues Warning Letter to Dollar Tree Stores for Receiving Potentially Unsafe Drugs
    by Staff Reporter 1
    U.S. Food and Drug Administration issues Warning Letter to Dollar Tree Stores for Receiving Potentially Unsafe Drugs | site |



    (November 14, 2019) - - Today (November 14, 2019), the U.S. Food and Drug Administration (FDA) published the following information:

    The U.S. Food and Drug Administration has issued a warning letter to Greenbrier International, Inc., doing business as Dollar Tree, for receiving over-the-counter (OTC) drugs produced by foreign manufacturers found to have serious violations of federal law. The warning letter outlines multiple violations of current good manufacturing practices at contract manufacturers used to produce Dollar Tree’s Assured Brand OTC drugs as well as other drug products sold at Dollar Tree and Family Dollar stores. “Protecting patient health and safety is our highest priority, and the FDA continues to investigate and take action against companies that place U.S. patients at risk. Americans expect and deserve
    ...
    11-25-2019, 09:00 AM

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