News published on Federal Newswire in January 2010

News from January 2010


Baucus, Snowe Call on USTR to Emphasize Small Business Growth

News Release: Dear Ambassador Kirk: These difficult economic times have affected workers and businesses throughout Montana, Maine, and the United States. Hard-working Americans have lost their jobs as global demand shriveled, and innumerable small businesses have been forced to close their doors. We understand that...


Oversight Committee Subpoenas AIG Documents

News Release: WASHINGTON, D.C. - After declining an October 30th request made by House Committee on Oversight and Government Reform Committee Ranking Member Darrell Issa (R-CA) to the Federal Reserve Bank of New York (FRBNY) for all communications related to FRBNY’s negotiations with AIG’s counterparties, the House Committee on Oversight and Government Reform Committee today issued a subpoena.


News Release: Washington, DC - The U.S. Department of Energy's Regional Carbon Sequestration Partnerships program has released a new manual to recommend best practices for public outreach and education for carbon dioxide (CO2) storage projects. The recommendations are based on lessons learned by the Department's seven Regional Carbon Sequestration Partnerships during the first six years of the partnerships program.


LIEBERMAN, COLLINS ISSUE PRELIMINARY RECOMMENDATIONS  IN FORT HOOD INVESTIGATION

News Release: Dear Secretary Gates: The Committee on Homeland Security and Governmental Affairs has initiated an investigation into the events surrounding the November 5, 2009, shootings at Fort Hood, Texas, pursuant to the Committee’s authority under Rule XXV(K)(1) of the Standing Rules of the Senate, Section 101...


News Release: For Immediate Release Office of the Press Secretary Contact: 202-282-8010 Department of Homeland Security (DHS) Secretary Janet Napolitano will travel to Toledo, Spain, on Jan. 21, at the invitation of her Spanish colleague, Interior Minister Alfredo Rubalcaba, to meet with her European counterparts to discuss ways to bolster international security measures and standards for aviation security.


News Release: WASHINGTON—Howard William Ledford of Hayesville, N.C., was sentenced today in federal court in the Western District of North Carolina to serve one year in prison for illegally selling and transporting wild American ginseng into Georgia, the Justice Department announced. Ledford was also fined $50,000 which will be placed in the Lacey Act Reward Account.


News Release: WASHINGTON — A New York Presbyterian Hospital (NYPH) purchasing official pleaded guilty today to conspiring to rig bids on re-insulation services contracts, the Department of Justice announced today.


News Release: Miami resident Ingrid Mazorra pleaded guilty today in U.S. District Court in Miami to participating in a conspiracy to defraud the Medicare program.


News Release: WASHINGTON - John D. Stacey of Mesa, Ariz., was sentenced by U.S. District Judge Neil V. Wake to 77 months in prison and ordered to pay $1.5 million dollars in restitution on Jan. 7, 2010, the Justice Department and Internal Revenue Service (IRS) announced today.


Minutes of Board discount rate meetings, November 23 through December 14, 2009

News Release: The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings on November 23 and Dec. 14, 2009.


Reserve Bank income and expense data and transfers to the Treasury for 2009

News Release: The Federal Reserve Board on Tuesday announced preliminary unaudited results indicating that the Reserve Banks provided for payments of approximately $46.1 billion of their estimated 2009 net income of $52.1 billion to the U.S. Treasury. This represents a $14.4 billion increase over the 2008 results ($31.7 billion of $35.5 billion of net income). The increase was primarily due to increased earnings on securities holdings during 2009.


Federal Reserve approves final rules to protect credit card users from a number of costly practices

News Release: The Federal Reserve Board on Tuesday approved a final rule amending Regulation Z (Truth in Lending) to protect consumers who use credit cards from a number of costly practices. Credit card issuers must comply with most aspects of the rule beginning on February 22.


Written agreement with American Bank of Baxter Springs

News Release: The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between American Bank of Baxter Springs, Baxter Springs, Kansas, a state chartered bank that is a member of the Federal Reserve System, and the Federal Reserve Bank of Kansas City.


Written agreement with The ShoreBank Corporation

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


Federal Reserve announces results of auction of $75 billion in 28-day credit held on January 11, 2010

News Release: On Jan. 11, 2010, the Federal Reserve conducted an auction of $75 billion in 28-day credit through its Term Auction Facility. Following are the results of the auction: Stop-out rate: 0.250 percent Total propositions submitted: $38.531 billion Total propositions accepted: $38.531 billion Bid/cover ...


News Release: U.S. Commerce Secretary Gary Locke issued the following statement on the release of the November 2009 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports increased by 0.9 percent to $138.2 billion since October 2009. Imports increased 2.6 percent to $174.6 billion.


US Labor Department sues owners of bankrupt Aurora, Ill., trucking company to recover $3 million in unpaid employee medical claims

News Release: CHICAGO — The U.S. Department of Labor has sued the owners of bankrupt Mid-States Express Inc. of Aurora, Ill., for allegedly failing to protect the interests of the participants and beneficiaries in the company's 401(k) and health plans. The department's lawsuit alleges that Bruce Hartmann failed to disclose to employees that their medical bills were not likely to be paid, even as the company continued to take deductions from their paychecks for medical coverage.


The US Transportation Department published a one page rule on Jan. 12, according to the U.S. Government Publishing Office.


The US Agriculture Department published a three page rule on Jan. 12, according to the U.S. Government Publishing Office.


The US Transportation Department published a five page rule on Jan. 12, according to the U.S. Government Publishing Office.