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Interest Rates
- US: H15 -0.47 2011-07-14 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.06 2011-07-14 FRB Federal funds effective rate
- US: H15 0.09 2011-07-14 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 0.97 2011-07-14 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.12 2011-07-14 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)
- FTC Will Not Enforce Provisions of MARS Rule Against Real Estate Professionals Helping Consumers Obtain Short SalesThe Federal Trade Commission today issued a statement announcing that it will forbear from enforcing most provisions of its Mortgage Assistance Relief Services (MARS) Rule against real estate brokers and their agents who assist financially distressed consumers in obtaining short sales from their lenders or servicers. […]
- FTC Will Not Enforce Provisions of MARS Rule Against Real Estate Professionals Helping Consumers Obtain Short Sales
Commerce News
- NTIA Testimony on Internet PrivacyTestimony of Lawrence E. Strickling, Assistant Secretary for Communications and Information, on Internet Privacy: The Views of the FTC, the FCC, and NTIA, before the Subcommittee on Commerce, Manufacturing, and Trade and Subcommittee on Communications and Technology, Committee on Energy and Commerce, United States House of Representatives. […]
- NTIA Testimony on Internet Privacy
Small Business News
- Letter dated 07/6/2011 - Department of Labor, Employment and Training AdministrationLanding page summary: Wage Methodology for the Temporary Non-Agricultural Employment H-2B Program; Amendment of Effective Date VIA ELECTRONIC SUBMISSION read more […]
- Letter dated 07/6/2011 - Department of Labor, Employment and Training Administration
Monetary Policy
Cost Estimates
- H.R. 2445, State and Local Funding Flexibility ActCost estimate for the bill as ordered reported by the House Committee on Education and the Workforce on July 13, 2011 […]
- H.R. 1383, Restoring GI Bill Fairness Act of 2011Cost estimate for the bill as ordered reported by the House Committee on Veterans' Affairs on May 12, 2011 […]
- H.R. 1280, A bill to amend the Atomic Energy Act of 1954 to require Congressional approval of agreements for peaceful nuclear cooperation with foreign countries, and for other purposesCost estimate for the bill as amended by the House Committee on Foreign Affairs on April 14, 2011 […]
- H.R. 2445, State and Local Funding Flexibility Act
Banking
- OCC Enforcement ActionsThe Office of the Comptroller of the Currency (OCC) today released new enforcement actions taken against national banks and individuals currently and formerly affiliated with national banks. […]
- OCC Enforcement Actions
Vensure Federal Credit Union Closes
ALEXANDRIA, Va. (July 11, 2011) – The National Credit Union Administration (NCUA) liquidated Vensure Federal Credit Union of Mesa, Ariz., today.
Member deposits are federally insured by the National Credit Union Share Insurance Fund up to $250,000. NCUA’s Asset Management and Assistance Center will issue checks to individuals holding verified share accounts in the credit union within one week.
Members with additional questions about their insurance coverage may contact the National Credit Union Administration’s Consumer Assistance Center toll free at 800-755-1030. The center answers calls Monday – Friday between 8 a.m. and 6 p.m. Eastern Daylight Time. Individuals may also visit the MyCreditUnion.gov website at any time for more information about their insurance coverage.
NCUA made the decision to close Vensure FCU and discontinue its operation after determining the credit union was insolvent and has no prospects for restoring viable operations. At the time of liquidation the credit union served 140 members and had deposits of approximately $8.1 million.
The credit union provided financial services to employees of Vensure Employer Services, its clients, and other corporate entities. Vensure FCU is the twelfth federally-insured credit union liquidation in 2011.
NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 90 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.