News published on Federal Newswire in April 2009

News from April 2009


News Release: WASHINGTON — A Chicago grand jury indicted the president and vice president of an Illinois refuse disposal container repair company for engaging in a conspiracy and scheme to defraud the city of Chicago on a contract for the repair of refuse carts, the U.S. Department of Justice announced today. This is the first case to be brought in the Department’s ongoing antitrust investigation into the refuse cart repair industry.


Federal Reserve announces two new interest rates applicable to loans extended under Term Asset-Backed Securities Loan Facility (TALF)

News Release: The Federal Reserve Board on Tuesday announced two new interest rates applicable to loans extended under the Term Asset-Backed Securities Loan Facility (TALF). The rates apply to certain loans secured by asset-backed securities (ABS) with weighted average lives to maturity (WALM) of less than two years. The new rates will be based on one- and two-year London interbank offered (Libor) swap rates, resulting in a better match to the duration of the underlying ABS collateral.


Agencies Propose Clarifications to Credit Card Rules

News Release: The Federal Reserve Board, the Office of Thrift Supervision, and the National Credit Union Administration today proposed clarifications to aspects of their December 2008 final rules under the Federal Trade Commission Act (FTC Act) prohibiting certain unfair credit card practices. The Federal Reserve ...


Written agreement with Citizens Central Bancorp

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Citizens Central Bancorp, Inc., Macomb, Illinois, a registered bank holding company, and the Federal Reserve Bank of Chicago.


Written agreement with Strategic Capital Bancorp

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Strategic Capital Bancorp, Inc., Champaign, Illinois, a registered bank holding company, and the Federal Reserve Bank of Chicago.


Federal Reserve announces results of auction of $150 billion in 84-day credit held on April 20, 2009

News Release: On April 20, 2009, the Federal Reserve conducted an auction of $150 billion in 84-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 0.250 percent Total propositions submitted: $83.830 billion Total propositions accepted: $83.830 billion Bid/cover ratio: 0.56 Number of bidders: 98 The awarded loans will settle on April 23, 2009, and will mature on July 16, 2009. The stop-out rate shown above will apply to all awarded loans.


News Release: Thank you, Dan, and a good, East Coast, early morning to all of you.


Statement of U.S. Secretary of Labor Hilda L. Solis before  U.S. Senate HELP Committee on green jobs skills training for workers

News Release: WASHINGTON – The following is the written statement for the record of U.S. Secretary of Labor Hilda L. Solis, who today testified before the U.S. Senate Committee on Health, Education, Labor and Pensions regarding green jobs skills training for workers.


The US Transportation Department published a one page notice on April 21, according to the U.S. Government Publishing Office.


The US Transportation Department published a two page notice on April 21, according to the U.S. Government Publishing Office.


The US Transportation Department published a one page notice on April 21, according to the U.S. Government Publishing Office.


The US Transportation Department published a two page notice on April 21, according to the U.S. Government Publishing Office.


The US Transportation Department published a two page notice on April 21, according to the U.S. Government Publishing Office.


The US Interior Department published a two page notice on April 21, according to the U.S. Government Publishing Office.


The US Justice Department published a one page notice on April 21, according to the U.S. Government Publishing Office.


The US Federal Reserve System published a two page notice on April 21, according to the U.S. Government Publishing Office.


The US Federal Reserve System published a one page notice on April 21, according to the U.S. Government Publishing Office.


The US Federal Reserve System published a one page notice on April 21, according to the U.S. Government Publishing Office.


The US Federal Reserve System published a one page notice on April 21, according to the U.S. Government Publishing Office.


The US Energy Department published a two page notice on April 21, according to the U.S. Government Publishing Office.