News published on Federal Newswire in March 2015

News from March 2015


News Release: The Fraud Caused the Ninth Largest Bank Failure with Estimated Losses in Excess Of $677 Million A jury convicted Ebrahim Shabudin yesterday of seven felony counts of conspiracy, securities fraud and other corporate fraud offenses stemming from the failure of United Commercial Bank (UCB), announced U.S. ...


Agencies adjust resolution plan filing deadline for nonbank financial institutions

News Release: The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) on Thursday permanently adjusted the annual resolution plan filing deadline for American International Group, Inc., General Electric Capital Corporation, Inc., MetLife Inc., and Prudential Financial, Inc., from July 1 to December 31 beginning in 2016.


Federal Reserve Board announces termination of enforcement action with Ocean Bankshares, Inc.

News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Ocean Bankshares, Inc., Miami, Florida Written Agreement issued Dec. 19, 2008 Terminated March 23, 2015 Search of Federal Reserve enforcement actions. For media inquiries, call 202-452-2955.


Federal Reserve survey provides information on mobile financial services

News Release: The use of mobile phones to access bank accounts, credit cards, or other financial accounts continued to increase among adults in the United States last year, according to a Federal Reserve Board report, Consumers and Mobile Financial Services 2015 (PDF). The report is the Board's fourth looking at how ...


WHD News Release: More than 1,100 New Jersey gas station attendants receive $5.5 million in back wages and damages in US Labor Department enforcement initiative  [03/26/2015]

News Release: MOUNTAINSIDE, N.J. — In the past five years, more than 1,100 attendants at Shell, Exxon, BP and other leading brand gas stations in New Jersey have been denied the minimum wage and, in some cases, overtime pay. These workers have received $5.5 million in back wages and damages recovered thanks to a multiyear enforcement initiative conducted by the U.S. Department of Labor's Wage and Hour Division.


WHD News Release: More than 1,100 New Jersey gas station attendants receive $5.5 million in back wages and damages in US Labor Department enforcement initiative  [03/26/2015]

News Release: MOUNTAINSIDE, N.J. — In the past five years, more than 1,100 attendants at Shell, Exxon, BP and other leading brand gas stations in New Jersey have been denied the minimum wage and, in some cases, overtime pay. These workers have received $5.5 million in back wages and damages recovered thanks to a multiyear enforcement initiative conducted by the U.S. Department of Labor's Wage and Hour Division.


OSHA News Release: Roofing contractor ignores electrocution hazards that caused one death, puts second worker in same jeopardy just 72 hours later [03/26/2015]

News Release: Kolek Woodshop Inc. shows ‘blatant disregard' for worker safety TARENTUM, Pa. — Kolek Woodshop Inc., of Creighton, was cited by the U.S. Department of Labor's Occupational Safety and Health Administration for willfully exposing the second worker to preventable electrical hazards. OSHA identified one ...


MSHA News Release: MSHA announces results of February impact inspections [03/26/2015]

News Release: ARLINGTON, Va. — The U.S. Department of Labor's Mine Safety and Health Administration today announced that federal inspectors issued 195 citations and 15 orders during special impact inspections conducted at 12 coal mines and five metal and nonmetal mines in February.


The US Energy Department published a two page notice on March 26, according to the U.S. Government Publishing Office.


The US Energy Department published a two page notice on March 26, according to the U.S. Government Publishing Office.


The US Transportation Department published a five page proposed rule on March 26, according to the U.S. Government Publishing Office.


The US Justice Department published a three page proposed rule on March 26, according to the U.S. Government Publishing Office.


The US State Department published a two page notice on March 26, according to the U.S. Government Publishing Office.


The US Transportation Department published a two page notice on March 26, according to the U.S. Government Publishing Office.


The US Interior Department published a nine page rule on March 26, according to the U.S. Government Publishing Office.


The US Agriculture Department published a six page proposed rule on March 26, according to the U.S. Government Publishing Office.


The US Transportation Department published a two page notice on March 26, according to the U.S. Government Publishing Office.


The US Transportation Department published a one page notice on March 26, according to the U.S. Government Publishing Office.


The US Agriculture Department published a one page rule on March 26, according to the U.S. Government Publishing Office.


The US Commerce Department published a nine page rule on March 26, according to the U.S. Government Publishing Office.