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  • U.S. Department of the Treasury Issues Additional COVID-19-related Sanctions Authorizations and Guidance

    U.S. Department of the Treasury Issues Additional COVID-19-related Sanctions Authorizations and Guidance | site |



    (Information contained in U.S. Department of the Treasury press release dated: June 17, 2021) Washington - - Today, in order to further aid the global fight against COVID-19, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three general licenses (referred to as the COVID-19-related GLs) to build upon Treasury’s existing authorizations for COVID-19-related transactions and activities. The new COVID-19-related GLs expand upon longstanding humanitarian exemptions, exceptions, and authorizations to cover additional COVID-19-related transactions and activities. These include transactions and activities involving the delivery of face masks, ventilators and oxygen tanks, vaccines and the production of vaccines, COVID-19 tests, air filtration systems, and COVID-19-related field hospitals, ...
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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 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 |


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

    In the fourth quarter of 2020, nearly one-fourth of adults said that they were worse off financially compared to a year earlier, reflecting the economic fallout and distress resulting from the global COVID-19 pandemic. The Federal Reserve Board's report, Economic Well-Being of U.S. Households in 2020, which was released on Monday, found a larger share of adults were worse off in 2020 than in previous years of the survey. This change occurred broadly across the population, but not all groups fared similarly. Despite the increase in the share of Americans doing worse off financially, most believed they were still at least doing "okay" financially overall. Seventy-five percent of adults were either doing okay or living comfortably in November, w...
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  • U.S. Department of Homeland Security Issues a National Terrorism Advisory System - - - NTAS - - - Bulletin

    U.S. Department of Homeland Security Issues a National Terrorism Advisory System (NTAS) Bulletin | site |


    (Information contained in U.S. Department of Homeland Security [DHS] press release dated: May 14, 2021)

    Washington - - Today, Secretary of Homeland Security Alejandro N. Mayorkas issued a National Terrorism Advisory System (NTAS) Bulletin after consultation with the Intelligence Community and law enforcement partners. The NTAS Bulletin advises that the United States is facing threats that have evolved significantly and become increasingly complex and volatile. Specifically, the Bulletin details the threats posed by domestic terrorists, individuals, and groups engaged in grievance-based violence, and those inspired or influenced by foreign terrorists and other malign foreign influences. Social media and online forums are increasingly exploited by these actors to influence and spread violent extremist narratives and activity. Such threats als
    ...
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  • District Court issues Opinion in Public Citizen, et al. v FEC

    District Court issues Opinion in Public Citizen, et al. v FEC

    District Court issues Opinion in Public Citizen, et al. v FEC | site |


    (Information contained in Federal Election Commission [FEC] press release dated: March 17, 2021)

    Washington - - The United States District Court for the District of Columbia on Wednesday issued a Memorandum Opinion and Order in Public Citizen, et al. v. FEC (Case 14-00148), granting the Commission’s and Intervenor-Defendant’s Motion for Summary Judgment and denying Plaintiffs’ Motion for Summary Judgment. The lawsuit, filed on January 31, 2014, challenged the Commission’s dismissal of the Plaintiffs’ administrative complaint against Crossroads Grassroots Political Strategies (MUR 6396). The complaint had alleged that Crossroads GPS violated the Federal Election Campaign Act of 1971, as amended (the Act), by not registering and reporting as a political committee. The Commission lacked the required votes to open an investigation and the matter was dismissed. The Court h
    ...
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  • IRS issues Guidance on Taxability of Dependent Care Assistance Programs for 2021, 2022

    U.S. Internal Revenue Service issues Guidance on Taxability of Dependent Care Assistance Programs for 2021, 2022 | site |


    (Information contained in U.S. Internal Revenue Service [IRS] press release dated: May 10, 2021) Washington - - The Internal Revenue Service today issued guidance on the taxability of dependent care assistance programs for 2021 and 2022, clarifying that amounts attributable to carryovers or an extended period for incurring claims generally are not taxable. The guidance also illustrates the interaction of this standard with the one-year increase in the exclusion for employer-provided dependent care benefits from $5,000 to $10,500 for the 2021 taxable year under the American Rescue Plan Act. Because of the pandemic, many people were unable to use the money they set aside in their dependent care assistance programs in 2020 and 2021. Generally, under these plans, an employer allows its employees to set aside a certain amount of pre-tax wages...
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  • CDC Issues First Set of Guidelines on How Fully Vaccinated People Can Visit Safely with Others

    Centers for Disease Control and Prevention Issues First Set of Guidelines on How Fully Vaccinated People Can Visit Safely with Others | site |



    (Information contained in Centers for Disease Control and Prevention press release dated: March 8, 2021)

    Today, the Centers for Disease Control and Prevention (CDC) issued its first set of recommendations on activities that people who are fully vaccinated against COVID-19 can safely resume.

    The new guidance—which is based on the latest science — includes recommendations for how and when a fully vaccinated individual can visit with other people who are fully vaccinated and with other people who are not vaccinated. This guidance represents a first step toward returning to everyday activities in our communities. CDC will update these recommendations as more people are vaccinated, rates of COVID-19 in the community change, and additional scientific evidence becomes available. “We kn
    ...
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  • Coronavirus COVID-19 Update - - - FDA Issues Authorization for First Molecular Non-Prescription, At-Home Test

    Coronavirus (COVID-19) Update: U.S. Food and Drug Administration Issues Authorization for First Molecular Non-Prescription, At-Home Test | site |



    (Information contained in U.S. Food and Drug Administration [FDA] press release dated: March 5, 2021) Today, the U.S. Food and Drug Administration issued an emergency use authorization (EUA) for the Cue COVID-19 Test for Home and Over The Counter (OTC) Use. The product is a molecular nucleic acid amplification test (NAAT) that is intended to detect genetic material from SARS-CoV-2 virus present in the nostrils. The test is the first molecular test authorized for at-home use without a prescription. “The authorization of this new diagnostic test underscores FDA’s goal to continue supporting innovation in testing and providing flexibility to test developers with the aim of increasing the availability of accurate and reliable tests for all Americans,” said Acting FDA Commissioner Janet Woodcock, M.D. ...
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  • FDA Issues Emergency Use Authorization for Third COVID-19 Vaccine

    FDA Issues Emergency Use Authorization for Third COVID-19 Vaccine

    U.S. Food and Drug Administration Issues Emergency Use Authorization for Third COVID-19 Vaccine | site |



    FDA says "Action Advances Fight Against COVID-19, Follows Comprehensive Evaluation of Available Safety, Effectiveness and Manufacturing Quality Information by FDA Career Scientists, Input from External Experts"


    (Information contained in U.S. Food and Drug Administration [FDA] press released dated: February 27, 2021) Today, the U.S. Food and Drug Administration issued an emergency use authorization (EUA) for the third vaccine for the prevention of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The EUA allows the Janssen COVID-19 Vaccine to be distributed in the U.S for use in individuals 18 years of age and older. “The authorization of this vaccine expands the availability of vaccines, the best medical prevention method for COVID-19, to help us in the fight against...
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  • DHS Issues a National Terrorism Advisory System (NTAS) Bulletin

    DHS Issues a National Terrorism Advisory System (NTAS) Bulletin

    U.S. Department of Homeland Security Issues a National Terrorism Advisory System (NTAS) Bulletin | site |



    (Information contained in U.S. Department of Homeland Security (DHS) press release dated: January 27, 2021) Washington - - The Acting Secretary of Homeland Security has issued a National Terrorism Advisory System (NTAS) Bulletin today after consultation with the intelligence community and law enforcement partners. There is currently a heightened threat environment across the United States that is likely to persist over the coming weeks. DHS does not have any information to indicate a specific, credible plot; however, violent riots have continued in recent days and we remain concerned that individuals frustrated with the exercise of governmental authority and the presidential transition, as well as other perceived grievances and ideological causes fueled by false narratives, could continue to mobilize a broad range of ideologically-motivated actors to i...
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  • Federal Reserve issues FOMC Statement

    Federal Reserve issues FOMC Statement

    Federal Reserve issues FOMC Statement | site |


    (Information contained in Board of Governors of the Federal Reserve System press release dated: January 27, 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. The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. The pace of the recovery in economic activity and employment has moderated in recent months, with weakness concentrated in the sectors most adversely affected by the pandemic. Weaker demand and earlier declines in oil prices have been holding down consumer price inflation. 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 significant...
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  • Commerce Department Issues Interim Rule to Secure the ICTS Supply Chain

    Commerce Department Issues Interim Rule to Secure the ICTS Supply Chain

    Commerce Department Issues Interim Rule to Secure the ICTS Supply Chain | site |




    (Information contained in U.S. Department of Commerce press release dated: January 14, 2021)

    Pursuant to Executive Order (E.O.) 13873, “Securing the Information and Communications Technology and Services (ICTS) Supply Chain,” today U.S. Department of Commerce Secretary Wilbur Ross issued an interim final rule to address the national security, economic security, and public health and safety concerns related to ICTS Transactions. The rule will ensure the resilience of, and trust in, our Nation’s ICTS supply chain, and, for the purposes of this rule, identifies six foreign governments or foreign non-government persons as foreign adversaries: the People’s Republic of China (China), the Russian Federation (Russia), the Islamic Republic of Iran (Iran), the Democratic People’s Republic of Korea (North Korea), the Republic of Cuba (Cuba),...
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  • U.S. Department of Labor issues Two Wage and Hour Opinion Letters

    U.S. Department of Labor issues Two Wage and Hour Opinion Letters

    U.S. Department of Labor issues Two Wage and Hour Opinion Letters | site |



    (Information contained in U.S. Department of Labor press release dated: January 8, 2021)

    Washington, DC - - The U.S. Department of Labor today announced two opinion letters that address compliance issues related to the Fair Labor Standards Act (FLSA). An opinion letter is an official, written opinion by the Department’s Wage and Hour Division (WHD) on how a particular law applies in specific circumstances presented by the person or entity that requested the letter.

    The opinion letters issued today are:
    • FLSA2021-1: Addressing whether account managers at a life science products manufacturer qualify for the administrative employee exemption under the FLSA.
    • FLSA2021-2: Addressing whether the ministerial exception allows a private religious daycare and preschool to pay its teachers on a salary basis that would not otherwise conform with the requirements of the
    ...
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  • U.S. Securities and Exchange Commission Issues Over 1.1 Million Dollars to Multiple Whistleblowers

    U.S. Securities and Exchange Commission issues Over $1.1 Million to Multiple Whistleblowers | site |



    (Information contained in U.S. Securities and Exchange Commission [SEC] press release dated: January 7, 2021)

    Washington D.C., Jan. 7, 2021 - - The Securities and Exchange Commission (SEC) today announced awards totaling more than $1.1 million to five whistleblowers who provided high-quality information that led to successful enforcement actions. In the first order, the SEC awarded three whistleblowers almost $500,000 in connection with two related enforcement actions. The first whistleblower provided information that prompted the opening of an investigation. The second and third whistleblowers provided information that significantly contributed to the success of the actions, and contributed additional, helpful assistance to the investigative staff. In the second order, the SEC awarded nearly $600,000 to a whistleblower whose information cause...
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  • U.S. Department of Labor issues Guidance supporting Workplace Flexibilities through Virtual Communication

    U.S. Department of Labor issues Guidance supporting Workplace Flexibilities through Virtual Communication | site |




    (Information contained in U.S. Department of Labor press release dated: December 29, 2020)

    Washington, DC – The U.S. Department of Labor’s Wage and Hour Division (WHD) today announced new guidance in its ongoing efforts to support the American workforce through the pandemic recovery. As employers continue to meet the challenges presented to their businesses by the coronavirus, and as telework arrangements and virtual communication increasingly provide solutions, the agency provides additional guidance to maximize the benefits of these arrangements for employers and workers alike.

    Today’s guidance comes in the form of two new Field Assistance Bulletins (FABs):
    • FAB 2020-7 addresses when, as a matter of enforcement policy, WHD will consider electronic posting by employers by email or an internet or intranet
    ...
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  • Staff Reporter 1
    U.S. Department of the Treasury Issues Additional COVID-19-related Sanctions Authorizations and Guidance
    by Staff Reporter 1
    U.S. Department of the Treasury Issues Additional COVID-19-related Sanctions Authorizations and Guidance | site |



    (Information contained in U.S. Department of the Treasury press release dated: June 17, 2021) Washington - - Today, in order to further aid the global fight against COVID-19, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued three general licenses (referred to as the COVID-19-related GLs) to build upon Treasury’s existing authorizations for COVID-19-related transactions and activities. The new COVID-19-related GLs expand upon longstanding humanitarian exemptions, exceptions, and authorizations to cover additional COVID-19-related transactions and activities. These include transactions and activities involving the delivery of face masks, ventilators and oxygen tanks, vaccines and the production of vaccines, COVID-19 tests, air filtration systems, and COVID-19-related field hospitals, ...
    06-18-2021, 03:33 AM
  • Staff Reporter 1
    Federal Reserve issues Federal Open Market Committee Statement
    by Staff Reporter 1
    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...
    06-17-2021, 03:28 AM
  • Staff Reporter 1
    Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households
    by Staff Reporter 1
    Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households | site |


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

    In the fourth quarter of 2020, nearly one-fourth of adults said that they were worse off financially compared to a year earlier, reflecting the economic fallout and distress resulting from the global COVID-19 pandemic. The Federal Reserve Board's report, Economic Well-Being of U.S. Households in 2020, which was released on Monday, found a larger share of adults were worse off in 2020 than in previous years of the survey. This change occurred broadly across the population, but not all groups fared similarly. Despite the increase in the share of Americans doing worse off financially, most believed they were still at least doing "okay" financially overall. Seventy-five percent of adults were either doing okay or living comfortably in November, w...
    05-18-2021, 03:20 AM
  • Staff Reporter 1
    U.S. Department of Homeland Security Issues a National Terrorism Advisory System - - - NTAS - - - Bulletin
    by Staff Reporter 1
    U.S. Department of Homeland Security Issues a National Terrorism Advisory System (NTAS) Bulletin | site |


    (Information contained in U.S. Department of Homeland Security [DHS] press release dated: May 14, 2021)

    Washington - - Today, Secretary of Homeland Security Alejandro N. Mayorkas issued a National Terrorism Advisory System (NTAS) Bulletin after consultation with the Intelligence Community and law enforcement partners. The NTAS Bulletin advises that the United States is facing threats that have evolved significantly and become increasingly complex and volatile. Specifically, the Bulletin details the threats posed by domestic terrorists, individuals, and groups engaged in grievance-based violence, and those inspired or influenced by foreign terrorists and other malign foreign influences. Social media and online forums are increasingly exploited by these actors to influence and spread violent extremist narratives and activity. Such threats als
    ...
    05-15-2021, 03:45 AM
  • Staff Reporter 1
    District Court issues Opinion in Public Citizen, et al. v FEC
    by Staff Reporter 1
    District Court issues Opinion in Public Citizen, et al. v FEC | site |


    (Information contained in Federal Election Commission [FEC] press release dated: March 17, 2021)

    Washington - - The United States District Court for the District of Columbia on Wednesday issued a Memorandum Opinion and Order in Public Citizen, et al. v. FEC (Case 14-00148), granting the Commission’s and Intervenor-Defendant’s Motion for Summary Judgment and denying Plaintiffs’ Motion for Summary Judgment. The lawsuit, filed on January 31, 2014, challenged the Commission’s dismissal of the Plaintiffs’ administrative complaint against Crossroads Grassroots Political Strategies (MUR 6396). The complaint had alleged that Crossroads GPS violated the Federal Election Campaign Act of 1971, as amended (the Act), by not registering and reporting as a political committee. The Commission lacked the required votes to open an investigation and the matter was dismissed. The Court h
    ...
    05-13-2021, 09:19 AM

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