News published on Federal Newswire in November 2018

News from November 2018


News Release: A seller of identity documents was arraigned today, after being extradited from El Salvador, on a superseding indictment charging one count of conspiracy to possess and transfer identity documents, one count of conspiracy to commit human smuggling for financial gain, and 40 counts of aggravated identity ...


News Release: Two southern California residents were arrested on Nov. 28, 2018, in connection with a long-running scheme to smuggle purported dietary supplement ingredients into the United States from China, the Department of Justice announced.


News Release: A former owner of Banco Peravia bank in the Dominican Republic was sentenced to three years in prisontoday for his role in a billion-dollar money laundering scheme involving currency exchange.


News Release: A South Florida pharmacist was sentenced to 78 months in prison today for his role in a $5 million compounding pharmacy scheme.


Minutes of the Federal Open Market Committee, November 7-8, 2018

News Release: The Federal Reserve Board and the Federal Open Market Committee on Thursday released the attached minutes of the Committee meeting held on November 7-8, 2018.


Federal Reserve Board releases results of survey of senior financial officers at banks regarding their reserve balance management strategies and practices

News Release: The Federal Reserve Board on Thursday released results of a survey of senior financial officers at banks regarding their reserve balance management strategies and practices. The Senior Financial Officer Survey has been used on occasion by the Board to obtain information about deposit pricing and behavior, ...


Federal Reserve announces College Fed Challenge winners

News Release: Yale University won the 15th annual national College Fed Challenge on Thursday, a competition that encourages students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System. The team, from New Haven, Connecticut, represented the Boston Federal Reserve District and included Ramiz Colak, Sienna Gough, Rohit Goyal, David Rubio, and Lydia Wickard. The team's faculty adviser was William English.


News Release: Good morning, and thank you for the warm introduction. Today is an exciting time for aerospace industries in America. The economy is strong. Tax cuts and deregulation are maximizing business opportunities and creating jobs. And domestic manufacturing is growing at an unprecedented rate.


Arkansas Amusement Park Operator Resolves Child Labor Violations Found in U.S. Department of Labor Investigation

News Release: HOT SPRINGS, AR – Premier Parks LLC – operator of Magic Springs Theme and Water Park in Hot Springs, Arkansas – has paid $13,734 in civil money penalties to resolve violations of the Fair Labor Standards Act's (FLSA) child labor provisions discovered during a U.S. Department of Labor Wage and Hour Division (WHD) investigation.


U.S. Department of Labor Investigation Recovers $15,917 In Back Wages and Damages for 25 Mississippi Hotel Employees

News Release: BATESVILLE, MS – Prime Inns Inc. – operator of a Hampton Inn hotel in Batesville, Mississippi – has paid $15,917 in back wages and liquidated damages to 25 employees after a U.S. Department of Labor's Wage and Hour Division (WHD) investigation determined the employer violated minimum wage, overtime, and recordkeeping provisions of the Fair Labor Standards Act (FLSA).


Franchisee Pays $122,523 to 245 Restaurant Employees to Resolve Federal Wage and Hour Violations at Three Georgia Locations

News Release: ATLANTA, GA – RREMC Restaurant LLC – parent company of Denny's restaurants in Byron, Columbus, and Norcross, Georgia – has paid $122,523 in back wages and liquidated damages to 245 employees after a U.S. Department of Labor's Wage and Hour Division (WHD) investigation determined the employer violated minimum wage, overtime, and recordkeeping provisions of the Fair Labor Standards Act (FLSA).


U.S. Department of Labor Cites Florida Property Maintenance Company After Employee Suffers Burn Injuries

News Release: MCDAVID, FL – The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has cited L.A. Disaster Relief and Property Maintenance LLC after an employee suffered burn injuries at a McDavid, Florida, worksite. The property maintenance and land clearing company faces $94,415 in penalties.


The US State Department published a one page notice on Nov. 29, according to the U.S. Government Publishing Office.


The US State Department published a two page notice on Nov. 29, according to the U.S. Government Publishing Office.


The US Transportation Department published a one page notice on Nov. 29, according to the U.S. Government Publishing Office.


The US Transportation Department published a two page notice on Nov. 29, according to the U.S. Government Publishing Office.


The US Federal Reserve System published a one page notice on Nov. 29, according to the U.S. Government Publishing Office.


The US Labor Department published a two page notice on Nov. 29, according to the U.S. Government Publishing Office.


The US Agriculture Department published a one page rule on Nov. 29, according to the U.S. Government Publishing Office.


The US Justice Department published a four page rule on Nov. 29, according to the U.S. Government Publishing Office.