Money
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 »
Women's Congressional Policy Institute Legislative Update Including a Bill to Provide Loan Deferment for Borrowers And Survivors of Sexual Harassment, Stalking and Assault
A number of bills introduced: September 18-22, 2023: A bill to extend protections to part-time workers in the areas of family and medical leave; increasing access to short-term child care; a bill to provide access to an annually updated list of adoption agencies that are licensed and not-for-profit; extend protections to part-time workers in the areas of family and medical leave; a bill providing deferment of loans for borrowers who are survivors of sexual harassment, stalking, and assault; A bill to provide birth mothers and adoptive families with access to an annually updated list of adoption agencies that are licensed and not-for-profit in states across the United States; and a bill to recognize the Women-Owned Small Business program in the Department of Veterans Affairs procurement hierarchy of small business preferences.
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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 »
A Proclamation on Women’s Equality Day 2023 and the 100th Anniversary of the Introduction of the Equal Rights Amendment
"My Administration is committed to realizing the promise of the suffragists, who knew that equality begins at the ballot box and requires women to have a seat at the table. That is why we will keep fighting to pass the John Lewis Voting Rights Advancement Act to restore and strengthen the Voting Rights Act and the Freedom to Vote Act to ensure fair Congressional maps give all Americans an equal chance to be heard. It is also why I have delivered on my promise to build an Administration that looks like America — with courageous leaders like Vice President Kamala Harris and the record number of women who serve in our Nation’s first gender-equal Cabinet leading the way." more »