Search for: "Federal Reserve Bank of New York"
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6 Oct 2023, 9:00 am
The legislation would amend the Federal Reserve Act to prohibit Federal Reserve banks from issuing “a central bank digital currency, or any digital asset that is substantially similar under any other name or label, directly to an individual,” according to the text of that proposed bill, H.R. 5403. [read post]
6 Oct 2023, 2:28 am
Michael Levenson reports for the New York Times. [read post]
2 Oct 2023, 9:31 am
Based on data from the Federal Reserve Bank of New York, auto loan debt has reached $1.582 trillion, compared to $1.569 trillion in student loan debt, WSJ Pro Bankruptcy reported. [read post]
29 Sep 2023, 1:04 pm
A jury awarded Murray nearly $1 million, but a federal appeals court threw out that award and sent the case back for a new trial. [read post]
27 Sep 2023, 4:00 am
Federal Reserve Bank of New York, (SD NY, Sept. 25, 2023), a New York federal district court dismissed RFRA, Title VII and First Amendment claims by two Federal Reserve Bank employees who were denied religious exemptions from the FRB's Covid vaccine mandate. [read post]
13 Sep 2023, 12:39 pm
Taxation flexibility For federal income tax purposes, you can choose to be taxed as a sole proprietorship/general partnership, S-Corp, or C-Corp. [read post]
13 Sep 2023, 6:00 am
A leading advocate for this 180-degree turn was FDR adviser Robert Jackson—lawyer and longtime FDR crony, dating to their prior encounters in New York State politics. [read post]
12 Sep 2023, 10:30 pm
Blogpost 38/2023 During the global financial crisis in 2008 and the March 2020 market turmoil, liquidity facilities for foreign central banks – especially those of the Federal Reserve Bank of New York – were seen as essential to stabilise global financial markets (Bahaj/Reis 2022). [read post]
1 Sep 2023, 2:20 am
Glenn Thrush reports for the New York Times. [read post]
25 Aug 2023, 7:02 am
At These Restaurants It’ll Cost You.The New York Times – August 14, 2023 (subscription required) Last year, when food prices rose along with so many other costs, José Theoktisto began to think about how to lower operating expenses at the Venezuelan restaurant he runs in upstate New York. [read post]
21 Jul 2023, 1:42 pm
Further Reading: Federal Reserve Board announces two enforcement actions against Deutsche Bank AG, its New York branch, and other U.S. affiliates Howard Stephen Jeremy Wilkinson More AML Whistleblower News The post Deutsche Bank Fined $183 Million for AML Violations Stemming from Landmark Whistleblower Case appeared first on Whistleblower Network News. [read post]
20 Jul 2023, 12:02 pm
The Federal Reserve said Wednesday it has fined Deutsche Bank $186 million for falling short in its efforts to prevent money laundering and has reached an agreement with the bank to improve its oversight. [read post]
16 Jul 2023, 10:41 pm
Bank, Old Republic, Defendants, 2023 Cal. [read post]
13 Jul 2023, 9:16 pm
” A New York State Supreme Court judge blocked a New York City rule that would require food delivery companies to pay their couriers almost $18 an hour, more than double the current average wage for these workers. [read post]
3 Jul 2023, 4:07 am
Judgment was reserved. [read post]
26 Jun 2023, 7:28 am
On June 21, 2023, the Federal Reserve Bank of Minneapolis issued a report entitled “New data on non-compete contracts and what they mean for workers” that calls into question the assumptions made by the Federal Trade Commission (FTC) in its recent rulemaking efforts.[1] The report begins by stating what we have been saying for a long time: that “relatively little survey evidence [is] available” about the actual effect of… [read post]
12 Jun 2023, 12:53 am
The BBC, New York Times, CNN and AP News also covered the trial. [read post]
5 Jun 2023, 9:30 pm
” Before the nation’s major investment banks knew it, half the states had adopted a similar one by 1913. [read post]
1 Jun 2023, 6:30 am
Schleicher points out that the two governments who availed themselves of the Federal Reserve’s Municipal Liquidity Facility during the early depths of the COVID-19 crisis—i.e., the entities that came closest to being “bailed out”—were the state of Illinois and the New York region’s Metropolitan Transportation Authority. [read post]
17 May 2023, 9:02 pm
This question is especially important because the Federal Reserve can use so-called Dealer Banks to indirectly buy Treasuries, and because mega-banks could also step in and stabilize the market. [read post]
