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Interest Rates- US: H15 -1.18 2013-05-16 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.11 2013-05-16 FRB Federal funds effective rate
- US: H15 0.06 2013-05-16 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 0.50 2013-05-16 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.07 2013-05-16 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)- FTC Announces Schedule for Reviewing RegulationsAs part of the Federal Trade Commission's systematic review of all current FTC rules and guides, the agency is announcing a modified 10-year regulatory review schedule. […]
- FTC Announces Schedule for Reviewing Regulations
Commerce News- NTIA Explores Broadband Availability in New Report SeriesMay 13, 2013 Today, NTIA is pleased to introduce a new set of reports, the Broadband Briefs series, that use publicly available data collected by the U.S. Department of Commerce to examine broadband availability in greater detail. This report further examines improvements in broadband availability by speed, technology and location since 2010. NTIA noted in J […]
- NTIA Explores Broadband Availability in New Report Series
Small Business News- General Services Administration, Joint Working Group on Improving Cybersecurity and Resilience through AcquisitionPage summary: On February 12th, 2013, the President issued the Executive Order for Improving Critical Infrastructure Cybersecurity (Executive Order 13636). In accordance with Section 8(e) of Executive Order 13636, within 120 days, the General Services Administration and the Department of Defense, in consultation with the Department of Homeland Security and […]
- General Services Administration, Joint Working Group on Improving Cybersecurity and Resilience through Acquisition
Monetary Policy
Cost Estimates- S. 306, Bureau of Reclamation Small Conduit Hydropower Development and Rural Jobs ActShort Description: As ordered reported by the Senate Committee on Energy and Natural Resources on May 8, 2013 As ordered reported by the Senate Committee on Energy and Natural Resources on May 8, 2013 CBO estimates that enacting S. 306 would increase federal offsetting receipts by about $1 million over the 2014-2023 period because it would authorize the Bur […]
- S. 954, Agriculture Reform and Risk Management Act of 2013Short Description: As reported by the Senate Committee on Agriculture, Nutrition, and Forestry on May 14, 2013. As reported by the Senate Committee on Agriculture, Nutrition, and Forestry on May 14, 2013 Estimated Budgetary Effects CBO estimates that direct spending stemming from the program authorization in S. 954 would total $955 billion over the 2014-202 […]
- H.R. 742, Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013Short Description: As ordered reported by the House Committee on Financial Services on May 7, 2013 As ordered reported by the House Committee on Financial Services on May 7, 2013 read more […]
- S. 306, Bureau of Reclamation Small Conduit Hydropower Development and Rural Jobs Act
Banking- Independent Foreclosure Review Payments Approach $2.2 BillionMore than 2.4 million checks related to the Independent Foreclosure Review have been cashed or deposited for nearly $2.2 billion through May 16, 2013. […]
- Independent Foreclosure Review Payments Approach $2.2 Billion
Inter Agency Qustions on Flood Insurance
Washington–The federal agencies that supervise banks, thrifts, and credit unions, and the Farm Credit System, today published guidance that updates the Interagency Questions and Answers Regarding Flood Insurance that were most recently published on July 21, 2009 at 74 FR 35914-35947.
The guidance finalizes two questions and answers that had been previously proposed. The first relates to insurable value. The second relates to force placement of flood insurance. The agencies withdrew another question regarding insurable value.
The agencies request comment on three additional proposed updates to questions and answers relating to force placement of flood insurance. Two answers have been significantly and substantively changed. The third change, regarding force placement of flood insurance, revises a previously finalized Question and Answer for consistency with the proposed changes.
It is the intention of the agencies that, after public comment has been received and considered and the guidance has been adopted in final form, the agencies will issue a final update to the 2009 Interagency Questions and Answers Regarding Flood Insurance. The final update will continue to supplement other guidance or interpretations issued by the agencies and the Federal Emergency Management Agency.
The agencies invite comment on the proposed changes to the Interagency Questions and Answers Regarding Flood Insurance and, more generally, on other issues and concerns regarding compliance with the federal flood insurance statutes and regulations. Comments are due 45 days after publication in the Federal Register, which is expected shortly.