Category: U.S. Department of the Treasury

The U.S. Department of the Treasury announced its inplementation of a new environmental cost-saving policy in the following April 19, 2010 news release: Broad New Initiative Will Increase Electronic Transactions, Save More Than $400 Million, 12 Million Pounds of Paper …

  Federal Reserve Board Chairman Ben Bernanke told an audience in Dallas Wednesday, April 7, that while the U.S. economy is still weak, he sees signs of stabilization that should lead to gradual growth and job creation in coming months. …

The following is the text of a speech given by U.S. Federal Reserve Chairman Ben Bernanke at the Independent Community Bankers of America National Convention in Orlando, Florida on March 20, 2010. Preserving a Central Role for Community Banking I’m glad …

Today, March 17, 2010, Division of Banking Supervision and Regulation Associate Director Jon D. Greenlee testified on insurance holding company supervision before the Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, Committee on Financial Services, U.S. House of Representatives, Washington, D.C. …

Below is the text of testimony given today, March 17, 2010 by Federal Reserve Chairman Ben Bernanke on the Federal Reserve’s role in bank supervision before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C.   Chairman Frank, …

March 3, 2010 Summary of Commentary onCurrent Economic Conditionsby Federal Reserve District     Prepared at the Federal Reserve Bank of Kansas City and based on information collected on or before February 22, 2010. This document summarizes comments received from …

Federal Reserve Chairman Ben Bernanke delivered the remarks below before the U.S. House of Representatives’ Committee on Financial Services in Washington, D.C. today, February 24, 2010. Chairman Frank, Ranking Member Bachus, and other members of the Committee, I am pleased …

This news release was published by the Federal Reserve on February 19, 2010. The Federal Reserve Board on Friday launched a new interactive website to help consumers better understand the new credit card protections that will take effect on February …

  By Krista S. Kovalcin, AssociateColodny Fass   On December 11, 2009, the Internal Revenue Service (“IRS”) issued two identical Private Letter Rulings (PLRs) in 200950016 and 200950017. The PLRs each held that, where there was risk shifting and risk distribution …

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 …