Money and Computing

"The Secretary of Labor should develop and execute a transformation plan that meets GAO's high risk criteria for transformation; the plan should outline coordinated and sustained actions to address issues related to providing effective service and mitigating financial risk, including ways to demonstrate improvements. Planned actions may include addressing audit recommendations, and determining whether legislative changes are needed, as appropriate. Planned actions may also include achieving quantifiable results in reducing improper payment rates, including those related to fraud; improving efficiency in claims processing and restoring pre-pandemic payment timeliness levels; better reaching current worker populations; and enhancing equity in benefit distribution." (Recommendation 1, Publicly Released: Jun 07, 2022.)  more »

"Keeping Canadians safe is the Government of Canada’s top priority. We know that one Canadian killed by gun violence is one too many, which is why, two years ago, we banned over 1,500 types of military-style assault firearms. We also strengthened our gun control laws to expand background checks and keep firearms out of the wrong hands. These measures are helping to keep our children and communities safe." The Prime Minister, Justin Trudeau ... announced the introduction of new legislation to further strengthen gun control in Canada and keep Canadians safe from gun violence. more »

May 30, 2022; Governor Christopher J. Waller At the Institute for Monetary and Financial Stability (IMFS) Distinguished Lecture, Goethe University Frankfurt, Germany: To sum up, the relationship between vacancies and unemployment gives me reason to hope that policy tightening in current circumstances can tame inflation without causing a sharp increase in unemployment. Of course, the path of the economy depends on many factors, including how the Ukraine war and COVID-19 evolve. From this discussion, I am left optimistic that the strong labor market can handle higher rates without a significant increase in unemployment. more »

"A democracy cannot survive if its citizens forsake the rule of law in favor of violence or threats of violence. We are all in this together. We must protect each other." ... So, for me, public service is a way to repay the debt my family owes to this country for our very lives. " "These are our fellow citizens — who administer our elections, ensure our safe travel, treat the sick, teach the children, report the news, represent their constituents, ensure the rule of law, and keep our communities safe." "Finally, the preservation of democracy requires our willingness to tell the truth. Together, we must ensure that the magnitude of an event like January 6th is not downplayed or understated. The commitment to the peaceful transfer of power must be respected by every American. Our democracy depends upon it." Remarks as delivered. more »