Federal Reserve Board encouraging “consumers to closely monitor their financial accounts”

bank_blog

 

The holiday spirit is in full tow! From malls across America to online retailers, consumers are excitedly shopping for their loved ones’ perfects gifts. You must always remember to keep track of your finances during the holidays, a time when your accounts are experiencing increased activity.

Continue reading

FHFA Performance & Accountability

screen-shot-2016-12-15-at-1-50-20-pm

The Housing and Economic Recovery Act of 2008 (HERA) established the Federal Housing Finance Agency (FHFA) to supervise and regulate the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal Home Loan (FHL) Bank System. The FHFA is an independent government agency that employs examiners, analysts, attorneys and industry experts. Congress provided the Director of the FHFA the authority to appoint the FHFA as the conservator of Fannie Mae and Freddie Mac and this authority was utilized in 2008.

Continue reading

Department of Labor Research and Evaluation Plan for 2016 Request for Information

deparmentoflabor

Dear Sharon I. Block,

Thank you for the opportunity to provide comments on the Department of Labor’s (DOL) Research and Evaluation Plan for 2016 Request for Information (RFI).

Of the Statistical Analysis of Trends and Surveys, I believe Gender Patterns and Pay in Occupations and Industries along with Caregiving and Women’s Retirement Security are of great importance to the evaluation plan and its practitioners. 

The U.S. Census Bureau reports that women’s median income is 79 percent of men’s median income. This is blatant inequality that needs to be addressed and rectified in order to encourage and secure the progress of women in the workforce and in our country. If women earn less than men, have less means and access to resources, how can they be expected to equally traverse the same professional and personal arenas?

Continue reading