Moving and Retirement
US Government Reaches Settlement in Class Action Family Separation Case Seeking Injunctive Relief; “The practice of separating families at the southwest border was shameful.”
"...the Justice Department, the Department of Homeland Security (DHS), and the Department of Health and Human Services (HHS) have worked with plaintiffs to identify class members and their children, developed plans for reunification, and reunified class members with their children. On Jan. 26, 2021, the Justice Department rescinded the Department’s 2018 zero-tolerance policy for offenses under 8 U.S.C. § 1325(a). In Feb. 2021, President Biden issued an Executive Order establishing the Interagency Task Force on the Reunification of Families, comprised of representatives from various federal agencies, including the Justice Department, DHS, and HHS. The parties have worked extensively to reunify families in accordance with the Executive Order and subsequent orders from the district court." more »
Federal Reserve: Financial Stability in Uncertain Times, A Speech by Governor Michelle W. Bowman
Michelle W. Bowman:"Many central banks are facing challenging and uncertain times as they strive to restore price stability and promote financial stability. A stable and resilient financial system is essential for the effective transmission of monetary policy and for a healthy economy. Healthy economies foster financial stability and financial stability fosters healthy economies. It is essential that central banks facing high inflation bring inflation back to target. A failure to do so would only lead to greater financial stability risks through less certain and unstable economic conditions and through reduced central bank credibility. It is, therefore, necessary that central banks, in collaboration with other financial regulators as appropriate, develop and use supervisory and prudential regulatory tools to promote financial stability." more »
Jo Freeman Writes: END FOSSIL FUELS NOW Marchers Tell Biden
Jo Freeman Writes: "A coalition of national and local organizations brought approximately 15,000 people to NYC to demand that President Joe Biden end the use of fossil fuels. On Sunday, September 17 they marched from Columbus Circle across Manhattan to rally half a mile from the United Nations. This was the first day of Climate Week, which is held every year at the beginning of the United Nations General Assembly in New York City. President Biden will address that Assembly on Tuesday. A UN Climate Ambition Summit will be held on Wednesday, September 20. Biden will be meeting with other Heads of State that day as well." more »
IRS Announces Sweeping Effort to Restore Fairness to Tax System With Inflation Reduction Act Funding
"The effort, building off work following last August's IRA funding, will center on adding more attention on wealthy, partnerships and other high earners that have seen sharp drops in audit rates for these taxpayer segments during the past decade. The changes will be driven with the help of improved technology as well as Artificial Intelligence that will help IRS compliance teams better detect tax cheating, identify emerging compliance threats and improve case selection tools to avoid burdening taxpayers with needless "no-change" audits." more »