You limited your search to:

 Collection: Congressional Research Service Reports
The Dodd-Frank Wall Street Reform and Consumer Protection Act: Title X, The Consumer Financial Protection Bureau
This report provides a legal overview of the regulatory structure of consumer finance under existing federal law, which is followed by an analysis of how the Consumer Financial Protection Act of 2010 will change this legal structure, with a focus on the Bureau's organization and funding; the entities and activities that fall (and do not fall) under the Bureau's supervisory, enforcement, and rulemaking authority; the Bureau's general and specific rulemaking powers and procedures; and an analysis of the act's preemption standards over state consumer protection laws as they apply to national banks and thrifts. digital.library.unt.edu/ark:/67531/metadc490865/
The Debt Limit: History and Recent Increases
This report presents the means through which the total debt of the federal government can increase, gives a historical overview of debt limits, and discusses how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases. digital.library.unt.edu/ark:/67531/metadc462226/
The Size and Role of Government: Economic Issues
This report discusses some of the arguments surrounding the proper size of government that are economic in nature, including the questions of what role the state plays in economic activity and how the economy is affected by government intervention. digital.library.unt.edu/ark:/67531/metadc463004/
The OECD Initiative on Tax Havens
This report examines the Organization for Economic Cooperation and Development (OECD) and its role in changes to U.S. laws related to bribery, tax havens. digital.library.unt.edu/ark:/67531/metadc462229/
Systemically Important or "Too Big to Fail" Financial Institutions
This report discusses the economic issues raised by "too big to fail" (TBTF), the historical experience with TBTF before and during the financial crisis of the 2000s, broad policy options, and policy changes made by the relevant Dodd-Frank provisions. digital.library.unt.edu/ark:/67531/metadc462511/
Foreign Direct Investment: Current Issues
This report presents an overview of current issues related to foreign direct investment in the economy and the development of U.S. policy toward inward and outward direct investment. This report also assesses the role of foreign direct investment in the economy and the costs and benefits of direct investment. digital.library.unt.edu/ark:/67531/metadc463436/
Designating Systemically Important Financial Institutions (SIFIs)
This report discusses congressional concerns regarding the Financial Stability Oversight Council's (FSOC) authorization to designate certain non-bank entities as Systemically Important Financial Institutions (SIFI). digital.library.unt.edu/ark:/67531/metadc462755/
Systemically Important or "Too Big to Fail" Financial Institutions
This report discusses the economic issues raised by "too big to fail" (TBTF), the historical experience with TBTF before and during the financial crisis of the 2000s, broad policy options, and policy changes made by the relevant Dodd-Frank provisions. digital.library.unt.edu/ark:/67531/metadc462939/
Inflation-Indexing Elements in Federal Entitlement Programs
This report identifies key indexing elements in major federal entitlement programs under current law and presents the information in a summary table. The report provides a brief description of the measures of consumer price change used to index various elements of these programs under current law, as well as the alternative measure of consumer price change (the Chained CPI-U) that has been proposed for computing Social Security cost-of-living-adjustments (COLAs) and making inflation adjustments to other federal programs. digital.library.unt.edu/ark:/67531/metadc462438/
The OECD Initiative on Tax Havens
This report examines the Organization for Economic Cooperation and Development (OECD) and its role in changes to U.S. laws related to bribery, tax havens. digital.library.unt.edu/ark:/67531/metadc462457/
Economic Slowdown: Issues and Policies
This report first discusses the current state of the economy, including measures that have already been taken by the monetary authorities, and assesses the need for and potential consequences of fiscal stimulus. The second part of the report reviews the proposals discussed during debate on the recently enacted fiscal stimulus, both those adopted and those considered but not adopted. The various stimulus packages differed somewhat, and the report briefly describes those differences. This section also includes a discussion of the potential elements of a second stimulus proposal, and concludes with a discussion of the macroeconomic effects of the proposals. The final section of the paper discusses recent and proposed financial interventions. digital.library.unt.edu/ark:/67531/metadc463270/
The OECD Initiative on Tax Havens
This report examines the Organization for Economic Cooperation and Development (OECD) and its role in changes to U.S. laws related to bribery, tax havens. digital.library.unt.edu/ark:/67531/metadc462803/
Monetary Policy and the Federal Reserve: Current Policy and Conditions
This report provides an overview of the Federal Reserve and issues for Congress. The Federal Reserve (the Fed) defines monetary policy as the actions it undertakes to influence the availability and cost of money and credit. Because the expectations of market participants play an important role in determining prices and growth, monetary policy can also be defined to include the directives, policies, statements, and actions of the Fed that influence how the future is perceived. In addition, the Fed acts as a "lender of last resort" to the nation's financial system, meaning that it ensures continued smooth functioning of financial intermediation by providing financial markets with adequate liquidity. digital.library.unt.edu/ark:/67531/metadc462847/
"Womenomics" in Japan: In Brief
This report briefly discusses Japan's Gender Gap and the Japanese government's current strategies to help women stay and advance in the workplace as a means of improving the economy. digital.library.unt.edu/ark:/67531/metadc462468/
Terrorism Risk Insurance Legislation: Issue Summary and Side-by-Side Analysis
After the September 11, 2001, terrorist attacks, Congress responded to the disruption in the insurance market by passing the Terrorism Risk Insurance Act of 2002 (TRIA; P.L. 107-297). TRIA created a temporary program, to calm the insurance markets through a government reinsurance backstop sharing in terrorism losses. The current TRIA program expires at the end of 2014. This report briefly outlines the issues involved with terrorism insurance, summarizes the extension legislation, and includes a side-by-side of the current TRIA law and the bills that have been passed by the Senate (S. 2244), reported by the House Committee on Financial Services (H.R. 4871), and passed by the House (S. 2244 with a substitute amendment). digital.library.unt.edu/ark:/67531/metadc501846/
Outsourcing and Insourcing Jobs in the U.S. Economy: Evidence Based on Foreign Investment Data
This report addresses the issue of jobs outsourcing by analyzing the extent of direct investment into and out of the economy, the role such investment plays in U.S. trade, jobs, and production, and the relationship between direct investment and the broader economic changes that are occurring in the U.S. economy. digital.library.unt.edu/ark:/67531/metadc501812/
Economic Crisis in Russia
This report briefly examines the economic climate in Russia, providing background information and examining key trends. The report also briefly discusses possible next steps for the Kremlin and potential spillover effects for the United States. digital.library.unt.edu/ark:/67531/metadc501784/
Outsourcing and Insourcing Jobs in the U.S. Economy: Evidence Based on Foreign Investment Data
This report addresses the issue of jobs outsourcing by analyzing the extent of direct investment into and out of the economy, the role such investment plays in U.S. trade, jobs, and production, and the relationship between direct investment and the broader economic changes that are occurring in the U.S. economy. digital.library.unt.edu/ark:/67531/metadc501615/
Government Assistance for GMAC/Ally Financial: Unwinding the Government Stake
This report discusses government support given to Ally Financial, formerly known as General Motors Acceptance Corporation (GMAC), which provides auto financing, insurance, online banking, and mortgage and commercial financing. This report looks at how -- or even if -- GMAC will be able to pay back the government for Trouble Asset Relief Program (TARP) funding. digital.library.unt.edu/ark:/67531/metadc501973/
Financing the U.S. Trade Deficit
This report provides an overview of the U.S. balance of payments, an explanation of the broader role of capital flows in the U.S. economy, an explanation of how the country finances its trade deficit or a trade surplus, and the implications for Congress and the country of the large inflows of capital from abroad. digital.library.unt.edu/ark:/67531/metadc503506/
The Global Financial Crisis: Analysis and Policy Implications
This report provides a historical account and analysis of the crisis through September 25, 2009. While business contraction appears to have abated, unemployment is shown to be on the rise and many businesses and countries are still facing difficulties. digital.library.unt.edu/ark:/67531/metadc503355/
Foreign Direct Investment: Current Issues
This report presents an overview of current issues related to foreign direct investment in the economy and the development of U.S. policy toward inward and outward direct investment. This report also assesses the role of foreign direct investment in the economy and the costs and benefits of direct investment. digital.library.unt.edu/ark:/67531/metadc503688/
Monetary Policy and the Federal Reserve: Current Policy and Conditions
This report provides an overview of monetary policy and recent developments. It discusses issues for Congress, including transparency and proposals to change the Fed's mandate, and ends with a brief overview of the Fed's regulatory responsibilities. digital.library.unt.edu/ark:/67531/metadc503675/
Accelerated Vehicle Retirement for Fuel Economy: "Cash for Clunkers"
This report outlines the key provisions of the Consumer Assistance to Recycle and Save (CARS) program established by P.L. 111-32, which provide rebates to prospective purchasers toward the purchase of new, fuel-efficient vehicles, provided the trade-in vehicles are scrapped. It discusses the impact of the program on the economy and also summarizes similar programs in other industrial countries. digital.library.unt.edu/ark:/67531/metadc503679/
Automatic Cost of Living Adjustments: Some Economic and Practical Considerations
This report looks at how automatic cost-of-living adjustments (COLAs) influence the budget and identifies major programs that have indexing provisions. It also explains what price indexes attempt to measure and discusses some of their weaknesses. Finally, it points out some practical things to keep in mind when establishing an indexing provision. digital.library.unt.edu/ark:/67531/metadc503634/
Government Interventions in Response to Financial Turmoil
This report reviews new programs introduced and other actions taken by the Treasury, Federal Reserve, and Federal Deposit Insurance Corporation in response to the recent financial crisis. It does not cover longstanding programs such as the Fed's discount window and FDIC receivership of failed banks. digital.library.unt.edu/ark:/67531/metadc503291/
Designating Systemically Important Financial Institutions (SIFIs)
This report briefly discusses congressional concerns regarding the Financial Stability Oversight Council's (FSOC) authorization to designate certain non-bank entities as Systemically Important Financial Institutions (SIFI). digital.library.unt.edu/ark:/67531/metadc505533/
The Organization for Economic Cooperation and Development
This report provides a background of the Organization for Economic Cooperation and Development (OECD), financial crisis, and related issues for Congress. digital.library.unt.edu/ark:/67531/metadc503693/
The Global Financial Crisis: Analysis and Policy Implications
This report provides a historical account and analysis of the crisis through January 2010. While business contraction appears to have abated, unemployment is shown to be on the rise and many businesses and countries are still facing difficulties. digital.library.unt.edu/ark:/67531/metadc503628/
The Global Financial Crisis: Analysis and Policy Implications
This report provides a historical account and analysis of the global economic crisis through April 2, 2009. While business contraction appears to have abated, unemployment is shown to be on the rise and many businesses and countries are still facing difficulties. digital.library.unt.edu/ark:/67531/metadc503629/
The Global Financial Crisis: Analysis and Policy Implications
This report provides a historical account and analysis of the crisis through August 17, 2009. While business contraction appears to have abated, unemployment is shown to be on the rise and many businesses and countries are still facing difficulties. digital.library.unt.edu/ark:/67531/metadc503697/
Monetary Policy and the Federal Reserve: Current Policy and Conditions
This report discusses two of the four major responsibilities of the Federal Reserve (Fed) as the nation's central bank: execution of monetary policy and ensuring financial stability through the lender of last resort function. This report provides an overview of these mandates and activities, recent developments, and the role of Congressional oversight. digital.library.unt.edu/ark:/67531/metadc503706/
The Global Financial Crisis: Analysis and Policy Implications
This report provides a historical account and analysis of the crisis through February 13, 2009. While business contraction appears to have abated, unemployment is shown to be on the rise and many businesses and countries are still facing difficulties. digital.library.unt.edu/ark:/67531/metadc503711/
The Global Financial Crisis: Analysis and Policy Implications
This report provides a historical account and analysis of the crisis through November 14, 2009. While business contraction appears to have abated, unemployment is shown to be on the rise and many businesses and countries are still facing difficulties. digital.library.unt.edu/ark:/67531/metadc503443/
U.S. Policies on Iraq: CRS Experts
The following table provides access to names and contact information for CRS experts on policy concerns relating to Iraq. Policy areas identified include: U.S. policies on Iraq; governance in Iraq and U.S. military issues; refugees, internally displaced persons, and humanitarian assistance; prospects for Iraq's economy; resource and funding requirements; and the international context--the regional political and security environment. digital.library.unt.edu/ark:/67531/metadc626961/
Financial Regulatory Reform: Analysis of the Consumer Financial Protection Agency (CFPA) as Proposed by the Obama Administration and H.R. 3126
This report provides a brief summary of the Obama Administration's Consumer Financial Protection Agency Act of 2009 (CFPA) and delineates some of the substantive differences between it and H.R. 3126, as ordered to be reported by the House Financial Services Committee, as well as the version that was ordered to be reported by the House Energy and Commerce Committee. digital.library.unt.edu/ark:/67531/metadc626997/
U.S. Economy in Recession: Similarities To and Differences From the Past
This report provides information on the patterns found across past recessions since World War II and analyzes whether and how the recession starting in 2007 might be different. digital.library.unt.edu/ark:/67531/metadc626931/
Argentina's Sovereign Debt Restructuring
The U.S. Congress has held numerous hearings to evaluate the causes and ongoing repercussions of Argentina’s financial crisis. This report analyzes Argentina’s debt situation in support of this interest and will be updated periodically. digital.library.unt.edu/ark:/67531/metacrs5743/
Belarus: Background and U.S. Policy Concerns
This report discusses the Belarus: Background and U.S. Policy Concerns. digital.library.unt.edu/ark:/67531/metacrs9363/
Bankruptcy and Business Failure Data
The purpose of this report is to provide statistical data on the actual number of businesses that are filing for bankruptcy or ceasing operations. Tabular data of both a historical and current nature concerning business failures and bankruptcies is provided. digital.library.unt.edu/ark:/67531/metacrs9037/
The Asia-Pacific Economic Cooperation (APEC) Meetings in Vladivostok, Russia: Postscript
Report that examines the Asia-Pacific Economic Cooperation's (APEC) week-long series of senior-level meetings in Vladivostok on September 2-9, 2012, as well as the role of Congress with respect to APEC, including appropriations necessary to finance APEC's secretariat and U.S. support of APEC activities. digital.library.unt.edu/ark:/67531/metadc227834/
Changing the Federal Reserve's Mandate: An Economic Analysis
This report discusses a number of implementation issues surrounding an inflation target. These include what rate of inflation to target, what inflation measure to use, whether to set a point target or range, and what penalties to impose if a target is missed. digital.library.unt.edu/ark:/67531/metadc227711/
China's Economic Conditions
China’s economy continues to be a concern to U.S. policymakers. On the one hand, China’s economic growth presents huge opportunities for U.S. exporters. On the other hand, the surge in Chinese exports to the United States has put competitive pressures on many U.S. industries. Many U.S. policymakers have argued that greater efforts should be made to pressure China to fully implement its WTO commitments and to change various economic policies deemed harmful to U.S. economic interests, such as its currency peg and its use of subsidies to support its SOEs. In addition, recent bids by Chinese state-owned firms to purchase various U.S. firms have raised concerns among Members over the impact such acquisitions could have on U.S. national and economic security. digital.library.unt.edu/ark:/67531/metacrs9475/
The Federal Debt: An Analysis of Movements from World War II to the Present
This report will define the measures of debt, discuss the reasons why debt levels change, and use historical examples to illustrate the factors causing debt movements over the last seven decades. Recent policies that have affected the budgetary outlook and the debt will also be discussed. Finally, this report will examine the long-term U.S. debt outlook and implications of rising federal debt levels. digital.library.unt.edu/ark:/67531/metadc29718/
The Economics of the Federal Budget Surplus
Fiscal 1998 marked the first year that total receipts exceeded outlays in the federal budget since 1969. Since then, the budget has been in surplus and official projections expect the budget to remain in surplus for the foreseeable future. Congressional Budget Office (CBO) baseline projections indicate that the budget surpluses are expected to grow steadily over the next 10 years. digital.library.unt.edu/ark:/67531/metacrs1428/
The Economics of the Federal Budget Surplus
Fiscal 1998 marked the first year that total receipts exceeded outlays in the federal budget since 1969. Since then, the budget has been in surplus and official projections expect the budget to remain in surplus for the foreseeable future. Congressional Budget Office (CBO) baseline projections indicate that the budget surpluses are expected to grow steadily over the next 10 years. digital.library.unt.edu/ark:/67531/metacrs10011/
Examining the Monetary Causes of the Economic Slowdown
This issue brief investigates the effects of changes in money supply growth on the current economic conditions. The results presented are based upon a statistical methodology outlined in a CRS report (No.82-43E, March 1982) of the same title. The approach may be distinguished from most previous work along these lines in that it attempts to estimate the statistical significance of the 1979-82 deceleration in monetary growth. The resulting estimates are then employed in analyzing the timing implications of decelerating monetary growth for episodes of high and volatile interest rates, for lower inflation, and for unstable economic growth. digital.library.unt.edu/ark:/67531/metacrs8800/
Financial Market Turmoil and U.S. Macreconomic Performance
This report looks at causes of the 2008 financial crisis and ways that government policy can help to fix it. digital.library.unt.edu/ark:/67531/metadc83895/
Financial Regulatory Reform: Analysis of the Consumer Financial Protection Agency (CFPA) as Proposed by the Obama Administration and H.R. 3126
This report provides a brief summary of the President's Consumer Financial Protection Agency Act of 2009 (the CPFA Act or the Act) and delineates some of the substantive differences between it and H.R. 3126, as introduced. It then analyzes some of the policy implications of the proposal, focusing on the separation of safety and soundness regulation from consumer protection, financial innovation, and the scope of regulation. The report then raises some questions regarding state law preemption, sources of funding, and rule-making procedures that the Act does not fully answer. digital.library.unt.edu/ark:/67531/metadc26183/
Inflation: Core vs. Headline
Inflation measures the rate of change in all prices. Maintaining low and stable inflation is one of the primary goals of macroeconomic policy. But how should inflation be measured? Policymakers, particularly at the Federal Reserve, often refer to core inflation in their policy decisions. Core inflation is commonly defined as a measure of inflation that omits changes in food and energy prices. However, several studies have failed to find core inflation to be a good forecaster of future inflation, casting doubt on the very rationale for relying on it. This report outlines the differences between core inflation and headline inflation. digital.library.unt.edu/ark:/67531/metacrs10704/