Claims tagged with "Finance"

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U.S. colleges and universities benefit from enormous public investments funded by U.S. taxpayers. 0.900

👤 The author 📋 Press Release 🏷️ Education , Finance

Simplified: U.S. colleges and universities benefit from enormous public investments funded by U.S. taxpayers

1 sources

1 month ago
The Federal Reserve is accountable to the Congress and the American people and Federal Reserve leaders regularly testify and report to the Congress on how the Federal Reserve is managing monetary poli... 0.900

👤 The author 📋 FAQ 🏷️ Government , Finance , Economics

Simplified: The Federal Reserve is accountable to Congress and the American people.

1 sources

1 month ago
In the United States, the Congress set the monetary policy goals for the Federal Reserve—maximum employment, price stability and moderate long-term interest rates, but gave the central bank independen... 0.900

👤 The author 📋 FAQ 🏷️ Government , Finance , Economics

Simplified: Congress set monetary policy goals for the Federal Reserve and gave it independence.

1 sources

1 month ago
Congress has determined the Federal Reserve can best achieve its mission of supporting maximum employment and stable prices as an independent agency that makes decisions based on the best available ev... 0.900

👤 Congress 📋 FAQ 🏷️ Government , Finance , Economics

Simplified: Congress determined the Federal Reserve best achieves its mission as an independent agency.

1 sources

1 month ago
This monetization of the deficit helps initially to keep interest rates low but comes at the cost of eventual higher inflation. 1.000

👤 The author 📋 Article 🏷️ Economics , Finance

Simplified: Monetization of deficit keeps interest rates low initially causes higher inflation

1 sources

1 month ago
The costs for publication of this order shall be borne by the Small Business Administration. 1.000

👤 The author 📋 Presidential Action 🏷️ Government , Finance

Simplified: Small Business Administration will bear the publication costs of this order.

1 sources

1 month ago
Within 180 days of the date of this order, the Federal banking regulators shall review their current supervisory and complaint data to identify any financial institution that has engaged in unlawful d... 0.900

👤 The author 📋 Presidential Action 🏷️ Government , Finance , Regulation

Simplified: Federal banking regulators must review data for religious debanking within 180 days.

1 sources

1 month ago
Within 120 days of the date of this order, each Federal banking regulator shall conduct a review to identify financial institutions subject to its jurisdiction that have had any past or current, forma... 0.900

👤 The author 📋 Presidential Action 🏷️ Government , Finance , Regulation

Simplified: Federal banking regulators must review financial institutions for unlawful debanking within 120 days.

1 sources

1 month ago
Within 180 days of the date of this order, the Secretary of the Treasury, in consultation with the Assistant to the President for Economic Policy, shall develop a comprehensive strategy for further me... 0.900

👤 The author 📋 Presidential Action 🏷️ Government , Finance , Policy

Simplified: Secretary of Treasury must develop a strategy to combat unlawful debanking within 180 days.

1 sources

1 month ago
within 120 days of the date of this order, identifies all potential clients denied access to payment processing services provided by the financial institution or any subsidiaries through a politicized... 0.900

👤 The author 📋 Presidential Action 🏷️ Finance , Regulation

Simplified: Financial institutions must identify clients denied payment processing due to unlawful debanking within 120 days of this order.

1 sources

1 month ago
within 120 days of the date of this order, identifies all potential clients denied access to financial services provided by the financial institution or any subsidiaries through a politicized or unlaw... 0.900

👤 The author 📋 Presidential Action 🏷️ Finance , Regulation

Simplified: Financial institutions must identify clients denied financial services due to unlawful debanking within 120 days of this order.

1 sources

1 month ago
within 120 days of the date of this order, makes reasonable efforts to identify and reinstate any previous clients of the institution or any subsidiaries denied service through a politicized or unlawf... 1.000

👤 The author 📋 Government Document 🏷️ Finance , Government , Regulation

Simplified: Financial institutions must identify and reinstate clients denied service through politicized debanking within 120 days.

1 sources

1 month ago
The SBA shall, within 60 days of the date of this order, give notice to all financial institutions with which it guarantees loans under its lending programs, requiring that each financial institution... 1.000

👤 The author 📋 Government Document 🏷️ Finance , Government , Regulation

Simplified: SBA must notify financial institutions with guaranteed loans within 60 days.

1 sources

1 month ago
The Federal banking regulators shall also consider rescinding or amending existing regulations, consistent with applicable law, to eliminate or amend any regulations that could result in politicized o... 1.000

👤 The author 📋 Government Document 🏷️ Finance , Government , Regulation

Simplified: Federal banking regulators must consider rescinding or amending regulations that could result in politicized debanking.

1 sources

1 month ago
The removal of such concepts shall be made clear by each appropriate Federal banking regulator through formal guidance to their examiners. 1.000

👤 The author 📋 Government Document 🏷️ Finance , Government , Regulation

Simplified: Federal banking regulators must clarify the removal of reputation risk concepts through formal guidance.

1 sources

1 month ago
Within 180 days of the date of this order, each appropriate Federal banking regulator shall, to the greatest extent permitted by law, remove the use of reputation risk or equivalent concepts that coul... 1.000

👤 The author 📋 Government Document 🏷️ Finance , Government , Regulation

Simplified: Federal banking regulators must remove reputation risk concepts from guidance documents within 180 days.

1 sources

1 month ago
The term “Federal banking regulators” refers to the Small Business Administration (SBA) and the Federal member agencies of the Financial Stability Oversight Council with supervisory and regulatory aut... 1.000

👤 The author 📋 Government Document 🏷️ Finance , Government , Regulation

Simplified: Federal banking regulators include the Small Business Administration and Federal member agencies of the Financial Stability Oversight Council.

1 sources

1 month ago
The term “politicized or unlawful debanking” refers to an act by a bank, savings association, credit union, or other financial services provider to directly or indirectly adversely restrict access to,... 1.000

👤 The author 📋 Government Document 🏷️ Finance , Legal , Politics , Religion

Simplified: Politicized or unlawful debanking restricts access to financial services based on political or religious beliefs or disfavored lawful business activit...

1 sources

1 month ago
Banking decisions must instead be made on the basis of individualized, objective, and risk-based analyses. 1.000

👤 The author 📋 Government Document 🏷️ Finance , Policy

Simplified: Banking decisions must be based on individualized objective and risk-based analyses.

1 sources

1 month ago
It is the policy of the United States that no American should be denied access to financial services because of their constitutionally or statutorily protected beliefs, affiliations, or political view... 1.000

👤 The author 📋 Government Document 🏷️ Government , Policy , Finance , Politics

Simplified: US policy prohibits denying financial services based on protected beliefs affiliations or political views.

1 sources

1 month ago