News from December 2017
By DOJ Newswire | Dec 21, 2017
News Release: The Department of Justice announced today that TransDigm Group Incorporated will be required to divest two businesses it acquired from Takata Corporation. The divestitures will restore competition in markets for several types of restraint systems used on commercial airplanes. TransDigm acquired the businesses—SCHROTH ...
By DOJ Newswire | Dec 21, 2017
News Release: President Trump’s Executive Order on Enhancing Public Safety in the Interior of the United States requires the Department of Justice (DOJ) and the Department of Homeland Security (DHS) to collect relevant data and provide quarterly reports on data collection efforts. On Dec. 18, 2017, DOJ and DHS released ...
By DOJ Newswire | Dec 21, 2017
News Release: A former sales executive of Embraer S.A. (Embraer), a Brazilian-based manufacturer of aircraft, pleaded guilty today in connection with a scheme to pay bribes to a high-level foreign government official in exchange for assistance in securing Embraer’s sale of aircraft to Saudi Arabia’s national oil company.
By DOJ Newswire | Dec 21, 2017
News Release: The Department of Justice obtained more than $3.7 billion in settlements and judgments from civil cases involving fraud and false claims against the government in the fiscal year ending Sept. 30, 2017, Acting Assistant Attorney General Chad A. Readler of the Justice Department’s Civil Division announced today. Recoveries since 1986, when Congress substantially strengthened the civil False Claims Act, now total more than $56 billion.
By DOJ Newswire | Dec 21, 2017
News Release: Today, Attorney General Jeff Sessions announced that, pursuant to Executive Order 13777 and his November memorandum prohibiting certain guidance documents, he is rescinding 25 such documents that were unnecessary, inconsistent with existing law, or otherwise improper.

By Fed Newswire | Dec 21, 2017
News Release: WASHINGTON--The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act (CRA) regulations.

By Fed Newswire | Dec 21, 2017
News Release: Kansas City, Missouri, Dec. 21, 2017 -- Growth in the number of credit card payments rose sharply from 2015 to 2016--eclipsing growth for other card types, according to new payments data collected by the Federal Reserve. A notable increase was also seen last year in the number of card payments made remotely versus in person.

By Fed Newswire | Dec 21, 2017
News Release: To adjust for inflation and changes in average loan size, the federal banking agencies on Thursday announced that, effective Jan. 1, 2018, the aggregate loan commitment threshold for inclusion in the Shared National Credit (SNC) program will increase from $20 million to $100 million. This change will reduce reporting burden for a substantial number of banking institutions, with no material impact on the size of the portfolio evaluated.

By Fed Newswire | Dec 21, 2017
News Release: The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: First Baird Bancshares, Inc., Weatherford, Texas, Cease and Desist Order dated June 22, 2006 Terminated Dec. 15, 2017 The enforcement action from June 2006 can be found here and other enforcement actions can be searched for here.

By Labor Gazette | Dec 21, 2017
News Release: CHARLESTON, WV – The U.S. Department of Labor and a West Virginia nursing home and rehabilitation company have reached an agreement to resolve alleged overtime violations of the federal Fair Labor Standards Act (FLSA).

By Labor Gazette | Dec 21, 2017
News Release: ATGLEN, PA – The U.S. Department of Labor and a Pennsylvania manufacturing company reached an agreement to resolve alleged overtime, recordkeeping, and child labor violations of the federal Fair Labor Standards Act (FLSA).

By Labor Gazette | Dec 21, 2017
News Release: FOSTORIA, OH – Nox US LLC, an Ohio manufacturer of luxury vinyl tile, faces $514,236 in proposed penalties after inspectors from the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited the company for machine safety violations.

By Labor Gazette | Dec 21, 2017
News Release: NEW HAVEN, CT – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), Connecticut Department of Labor’s Occupational Safety and Health Division (CONN-OSHA), New Haven Building Trades, and Dimeo Construction Company, have established a strategic partnership to promote workplace safety and health, and educate employees on construction hazards during construction of a new science building in New Haven.

By Labor Gazette | Dec 21, 2017
News Release: CONCORD, NH – A New Hampshire man has pleaded guilty in federal court to one count of obstruction of justice in connection with a U.S. Department of Labor wage and hour investigation and litigation. It is believed to be the first federal criminal prosecution arising from a Department wage and hour investigation in New Hampshire.
By DOT News Wire | Dec 21, 2017
The US Transportation Department published a one page notice on Dec. 21, according to the U.S. Government Publishing Office.
By DOT News Wire | Dec 21, 2017
The US Transportation Department published a two page notice on Dec. 21, according to the U.S. Government Publishing Office.
By DOT News Wire | Dec 21, 2017
The US Transportation Department published a one page notice on Dec. 21, according to the U.S. Government Publishing Office.
By DOT News Wire | Dec 21, 2017
The US Transportation Department published a one page notice on Dec. 21, according to the U.S. Government Publishing Office.
By DOT News Wire | Dec 21, 2017
The US Transportation Department published a two page notice on Dec. 21, according to the U.S. Government Publishing Office.
By DOT News Wire | Dec 21, 2017
The US Transportation Department published a one page notice on Dec. 21, according to the U.S. Government Publishing Office.