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Interest Rates- US: H15 0.20 2010-09-01 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.19 2010-09-01 FRB Federal funds effective rate
- US: H15 0.21 2010-09-01 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 1.01 2010-09-01 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.24 2010-09-01 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)- Payday Loan Defendant Settles FTC Charges; Illegally Tried to Garnish Borrowers' WagesOne of the owners of a payday loan and debt collection operation has agreed to settle Federal Trade Commission charges for his role in a scheme that illegally tried to garnish borrowers’ wages and used other illegal debt-collection practices. […]
- Payday Loan Defendant Settles FTC Charges; Illegally Tried to Garnish Borrowers' Wages
Commerce News- Institute for Telecommunication Sciences Launches First Telecommunications Science Video Series for the PublicITS, a division of NTIA, released a collection of online training and educational videos for public viewing. These videos cover telecommunications topics ranging from an easily understandable review of the fundamentals of radio spectrum — such as defining decibels using common logarithms — to in-depth explanations of complex engineering issues like resolving […]
- Institute for Telecommunication Sciences Launches First Telecommunications Science Video Series for the Public
Small Business News- Advocacy Comments on EPA’s Major and Area Source Boilers RulesOn August 23, 2010, the Office of Advocacy submitted comments to the Environmental Protection Agency concerning their proposed National Emission Standards for Hazardous Air Pollutants for Major and Area Sources: Industrial, Commercial, and Institutional Boilers and Process Heaters rule. […]
- Advocacy Comments on EPA’s Major and Area Source Boilers Rules
Monetary Policy
Cost Estimates- S. 999999, National Aeronautics and Space Administration Authorization Act of 2010Paygo Table for the bill statutory Pay-As-You-Go Effects as reported with Managers Amendments Incorporated on August 5, 2010 […]
- S. 3313, Sloan Hills Withdrawal ActCost estimate for the bill as ordered reported by the Senate Committee on Energy and Natural Resources on July 21, 2010 […]
- S. 1596, Gold Hill-Wakamatsu Preservation ActCost estimate for the bill as ordered reported by the Senate Committee on Energy and Natural Resources on August 5, 2010 […]
- S. 999999, National Aeronautics and Space Administration Authorization Act of 2010
Banking- OCC Issues Fourth Quarter 2010 CRA Examination ScheduleThe Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) examinations to be conducted in the fourth quarter of 2010. […]
- OCC Issues Fourth Quarter 2010 CRA Examination Schedule
NCUA Chief Economist
Alexandria, Va., July 27, 2010 – The National Credit Union Administration has selected
John D. Worth as Director, Office of the Chief Economist effective July 26, 2010.
As NCUA’s Chief Economist, Worth will oversee an office responsible for monitoring
international, national, and regional economic and financial market developments and
trends. The Chief Economist will also participate in policy program development.
“The addition of John Worth to our policy team represents an important step forward for
NCUA and our ability to manage the oversight of credit unions in an increasingly
complex economic landscape. John brings a wide-range of governmental experience to
this position, and I am confident he will be an immediate asset to our team,” commented
NCUA Chairman Debbie Matz.
Worth joins NCUA after most recently serving as Manager for Policy Research at the
Federal Housing Finance Agency (FHFA). At FHFA he helped lead FHFA’s review and
analysis of regulatory reform initiatives. Prior to joining FHFA, Worth served at the U.S.
Department of Treasury for nearly 10 years. At Treasury, Worth was Director of the
Office of Macroeconomic Analysis in the Office of Economic Policy and also served as
Acting Deputy Assistant Secretary for Microeconomics from July 2008 to January 2009.
John D. Worth holds a Ph.D. and Masters Degree from the University of Southern
California. Worth resides in Alexandria, Virginia, with his wife and three children.
NCUA is the independent federal agency that regulates, charters and supervises federal
credit unions. With the backing of the full faith and credit of the U.S. government, NCUA
operates and manages the National Credit Union Share Insurance Fund, insuring the
deposits of over 90 million account holders in all federal credit unions and the
overwhelming majority of state-chartered credit unions. NCUA is funded by credit
unions, not taxpayer dollars.