IR-2019-178, October 31, 2019 WASHINGTON – The Internal Revenue Service today urged taxpayers to act now to avoid a tax-time surprise and ensure smooth processing of their 2019 federal tax return. This is the first in a series of reminders to help taxpayers get ready for the upcoming tax filing season. To that end, a […]
Monthly Archives: October 2019
OCC Allows National Banks and Federal Savings Associations Affected by California Wildfires to Close
News Release 2019-126 | October 30, 2019 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency today issued a proclamation allowing national banks, federal savings associations, and federal branches and agencies of foreign banks to close offices affected by wildfires in California at their discretion. In issuing the proclamation, the OCC expects […]
Asset-Level Disclosure Requirements for Residential Mortgage-Backed Securities
Oct. 30, 2019 Public Input from Investors and Other Market Participants Welcomed Securitization plays a critical role in the U.S. capital markets and can enhance liquidity in important sectors of the economy. In particular, residential mortgage-backed securities (“RMBS”) play a significant role in enhancing liquidity in the residential mortgage market and thereby facilitating capital formation […]
Apple Reports Fourth Quarter Results
This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about the Company’s estimated revenue, gross margin, operating expenses, other income/(expense), tax rate, and plans for return of capital. These statements involve risks and uncertainties, and actual results may differ. […]
QUARTERLY REFUNDING STATEMENT OF DEPUTY ASSISTANT SECRETARY FOR FEDERAL FINANCE BRIAN SMITH
WASHINGTON — The U.S. Department of the Treasury is offering $84 billion of Treasury securities to refund approximately $60.5 billion of privately-held Treasury notes and bonds maturing on November 15, 2019. This issuance will raise new cash of approximately $23.5 billion. The securities are: – A 3-year note in the amount of $38 billion, […]
Report to the Secretary of the Treasury from the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association
October 29, 2019 Letter to the Secretary Dear Mr. Secretary: Economic activity grew at a moderate pace since the Committee last met in July. GDP has not yet been released for the third quarter, but the available data suggest that real GDP growth has likely slowed slightly in the third quarter from the 2.0% annualized […]
Minutes of the Meeting of the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association October 29, 2019
October 30, 2019 The Committee convened in a closed session at the Department of the Treasury at 9:00 a.m. All members were present. Principal Deputy Assistant Secretary for Financial Markets Kipp Kranbuhl, Deputy Assistant Secretary for Federal Finance Brian Smith, Director of the Office of Debt Management Fred Pietrangeli, and Deputy Director of the Office […]
Terrorist Financing Targeting Center Jointly Designates Network of Corporations, Banks, and Individuals Supporting IRGC and Hizballah
Coordinated action represents largest-ever tranche of targets designated by the United States and Gulf countries as part of the Terrorist Financing Targeting Center created under President Trump’s leadership RIYADH – Today, the seven member nations of the Terrorist Financing Targeting Center (TFTC) jointly designated 25 targets affiliated with the Iranian regime’s terror-support networks in the […]
AirPods Pro arrive in stores around the world
AirPods Pro went on sale on Wednesday, October 30, around the world. AirPods Pro join the AirPods family and feature Active Noise Cancellation, Transparency mode, sweat and water resistance, and superior, immersive sound, in an all-new lightweight, in-ear design. Related posts: iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max: The reviews are in […]
Federal Bank Regulatory Agencies Issue Final Rule to Simplify Capital Calculation for Community Banks
News Release 2019-125 | October 29, 2019 Share This Page: Joint Release Board of Governors of the Federal Reserve SystemFederal Deposit Insurance CorporationOffice of the Comptroller of the Currency WASHINGTON—Federal bank regulatory agencies finalized a rule that simplifies capital requirements for community banks by allowing them to adopt a simple leverage ratio to measure capital adequacy. […]