U.S. Department of Labor announces availability of 3.3 Million Dollars to Fund Fidelity Bonding Demonstration Grants

U.S. Department of Labor announces availability of $3.3 Million to Fund Fidelity Bonding Demonstration Grants | site |


(Information contained in U.S. Department of Labor press release: December 22, 2020)

Washington, DC - - The U.S. Department of Labor has announced the availability of $3.3 million to fund Fidelity Bonding Demonstration Grants to states and outlying areas to expand their Federal Bonding Programs for individuals with criminal records, including those recovering from opioid and other drug addictions. Administered by the Department’s Employment and Training Administration (ETA), the grants will encourage states and workforce development partners to provide fidelity bonds to employers as a hiring tool for persons with criminal records. By doing so, ETA aims to improve employment outcomes and decrease recidivism for such individuals. The grants will also serve to educate employers and the public on fidelity bonds’ availability and benefit...

AFL-CIO Announces a Target Date Fund Series for the Labor Movement| site |


AFL-CIO says Innovative Partnership with Wilmington Trust, BNY Mellon and PGIM Fixed Income Will Bring Low-Cost Product to Market


(October 15, 2020) - - Today, October 15, 2020, the AFL-CIO published the following information:

Washington, D.C.—The AFL-CIO, the nation’s largest federation of labor unions, consisting of 56 affiliate unions representing some 12.5 million working people, today announced its partnership with three major financial institutions—Wilmington Trust, BNY Mellon and PGIM Fixed Income—to launch an innovative target date fund suite specifically suited for defined contribution plans. Target date funds provide a diversified investment mix based on an investor’s age and expected retirement date, shifting from higher equity exposure to higher fixed income exposure throughout an investor’s working life. With more than three-quarters...

U.S. Department of Health and Human Services Expands Relief Fund Eligibility and Updates Reporting Requirements | site |




(October 22, 2020) - - Today, October 22, 2020, the U.S. Department of Health and Human Services published the following information: The U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), is announcing the latest Provider Relief Fund (PRF) application period has been expanded to include provider applicants such as residential treatment facilities, chiropractors, and eye and vision providers that have not yet received Provider Relief Fund distributions. On October 1, 2020, HHS announced it would be making up to $20 billion in new Phase 3 General Distribution funding available for providers on the frontlines of the coronavirus pandemic. HHS is also focused on ensuring the safe continuity of all types of health care delivery despite this pandemic. As such, the Adminis...

Federal Communications Commission launches $20 Billion Rural Digital Opportunity Fund to expand Rural Broadband Deployment | site |



FCC says this Represents FCC’s Largest Investment Ever to Close Digital Divide


(February 7, 2020) - - Today (February 7, 2020), the Federal Communications Commission (FCC) released the following information: WASHINGTON, January 30, 2020—The Federal Communications Commission today took its single biggest step to date to close the digital divide by establishing the new Rural Digital Opportunity Fund to efficiently fund the deployment of high-speed broadband networks in rural America. Through a two-phase reverse auction mechanism, the FCC will direct up to $20.4 billion over ten years to finance up to gigabit speed broadband networks in unserved rural areas, connecting millions more American homes and businesses to digital opportunity. Without access to broadband, rural Americans cannot participate in the digi...

Federal Communications Commission Chairman Pai Tees up $20.4 Billion Rural Digital Opportunity Fund for Vote at FCC's January Meeting| site |



FCC says Fund Would Deploy High-Speed Broadband to Millions of Rural Homes and Businesses


(January 8, 2020) - - Today, the Federal Communications Commission (FCC) published the following information: WASHINGTON, January 8, 2020—Federal Communications Commission Chairman Ajit Pai today presented his colleagues with final rules to launch the new $20.4 billion Rural Digital Opportunity Fund. The rules, which will be voted on by the Commission at its Open Meeting on January 30, would establish a two-phased process to provide funding for the deployment of high-speed broadband in areas of the United States where there is currently not fixed broadband service that meets the Commission’s minimum speed standard (25/3 Mbps). “While we’ve made substantial progress in expanding broadband deployment ov...

U.S. Sanctions Iran’s Central Bank, National Development Fund, and Etemad Tejarat Pars| site |


(September 20, 2019) - - Today, the U.S. Department of State reported that U.S. Secretary of State Michael R. Pompeo issued the following statement: In a failed attempt to disrupt the global economy, the Islamic Republic of Iran attacked the Kingdom of Saudi Arabia. This act of aggression was sophisticated in its planning and brazen in its execution. Regardless of transparent attempts to shift blame, the evidence points to Iran—and only Iran. As a result, President Trump instructed his administration to substantially increase the already-historic sanctions on the world’s leading state sponsor of terrorism. Today, we have followed through on his direction. The United States has sanctioned Iran’s Central Bank and its National Development Fund, as well as Etemad Tejarat Pars, an Iran-based company, which has been found to conceal financial transfers for military purchases....

U.S. Department of Veterans Affairs to Fund First National Center of Excellence for Veteran and Caregiver Research

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Washington, DC - - (September 7, 2018) - - Today the U.S. Department of Veterans Affairs (VA) announced it will fund a new center of excellence to expand the department’s capacity to deliver innovative, data-driven and integrated approaches to improve services for Veterans and their caregivers.

Managed by VA’s Office of Health Services Research & Development (HSR&D), the first of its kind center will be named for Sen. Elizabeth Dole in recognition of her national leadership and advocacy on behalf of the nation’s 5.5 million military and Veteran caregivers, and her support for the landmark RAND Corp. research on their challenges. The Elizabeth Dole Center of Excellence for Veteran and Caregiver Research will serve as the model for excellence in peer-review...

U.S. Treasury Secretary Steven Mnuchin Speaks with International Monetary Fund Managing Director Christine Lagarde


February 22, 2017


Washington, DC - - (February 21, 2017) - - U.S. Treasury Secretary Steven Mnuchin spoke by phone today with Christine Lagarde, Managing Director of the International Monetary Fund (IMF).

In his conversation with Madame Lagarde, Secretary Mnuchin welcomed the key role the IMF plays in promoting global economic growth and stability and in preventing and responding to economic crisis. He noted the importance the Administration places on boosting economic growth and jobs in the United States, and looked forward to robust IMF economic policy advice on its member countries and tackling global imbalances.

Secretary Mnuchin also underscored his expectation that the IMF provide frank and candid analysis of the exchange rate policies of IMF member countries.

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Information source: U.S. Department...