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The Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA; H.R. 5278, S. 2328)

Description: The report presents a brief description of Puerto Rico, its relationship with the federal government, and its fiscal challenges. The body of the report provides a section-by-section description of H.R. 5278, including a short overview of the bill, along with a comparison with previous legislation involving control boards.
Date: July 1, 2016
Creator: Austin, D. A.
Partner: UNT Libraries Government Documents Department
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Funding and Financing Highways and Public Transportation

Description: This report begins with a discussion of the problems associated with the trust fund financing system (which supports both federal highway and public transportation programs) and then explores possible options for financing surface transportation infrastructure.
Date: November 1, 2016
Creator: Kirk, Robert S. & Mallett, William J.
Partner: UNT Libraries Government Documents Department
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Financial Services and General Government (FSGG) FY2017 Appropriations: Overview

Description: This report discusses the Financial Services and General Government (FSGG) appropriations bill, which includes funding for the Department of the Treasury (Title I), the Executive Office of the President (EOP, Title II), the judiciary (Title III), the District of Columbia (Title IV), and more than two dozen independent agencies (Title V). The bill typically funds mandatory retirement accounts in Title VI, which also contains additional general provisions applying to the funding provided agencies… more
Date: June 20, 2016
Creator: Webel, Baird
Partner: UNT Libraries Government Documents Department
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Tolling U.S. Highways

Description: This report provides a brief history of tolling on federal roads and relevant current law. It also discusses financial realities on toll roads and tolling policy issues.
Date: August 26, 2016
Creator: Kirk, Robert S.
Partner: UNT Libraries Government Documents Department
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Ex-Im Bank: No Quorum, No Problem?

Description: This report discusses the operation on a limited basis of the Export-Import Bank (Ex-Im Bank) despite a renewal of its general statutory charter through FY2019 (P.L. 114-94,
Date: September 15, 2016
Creator: Akhtar, Shayerah Ilias
Partner: UNT Libraries Government Documents Department
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Federal Reserve: Oversight and Disclosure Issues

Description: This report provides an overview of existing Federal Reserve (Fed) oversight and disclosure practices, highlighting recent legislative changes and proposals. It also considers the potential impact of greater oversight and disclosure on the Fed's independence and its ability to achieve its macroeconomic and financial stability goals.
Date: May 24, 2016
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department
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U.S.-EU Data Privacy: From Safe Harbor to Privacy Shield

Description: This report describes the financial harm caused by data breaches, explains how those breaches are carried out, discusses resolved and remaining impediments to completing the EMV (Europay, MasterCard, and Visa) transition in the United States, and identifies areas of potential Congressional interest.
Date: May 17, 2016
Creator: Moloney Figliola, Patricia
Partner: UNT Libraries Government Documents Department
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Military Lending Act: Timeline, New Rules, and Issues

Description: This report briefly discusses new rules under the Military Lending Act (MLA) that change the definition of consumer credit for covered servicemembers and dependents; it will apply to transactions or accounts that are established on or after October 3, 2016. These rules may have an impact on the regulatory burdens for businesses that provide credit products to the military and may also affect military readiness.
Date: June 1, 2016
Creator: Kamarck, Kristy N.
Partner: UNT Libraries Government Documents Department
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Federal Reserve: Legislation in the 114th Congress

Description: This report analyzes provisions and the policy debate surrounding a number of bills that would affect the Federal Reserve's (Fed's) monetary policy, lender of last resort, and regulatory responsibilities. The Fed's responsibilities as the nation's central bank fall into four main categories: monetary policy, provision of emergency liquidity through the lender of last resort function, supervision of certain types of banks and other financial firms for safety and soundness, and provision of paym… more
Date: May 19, 2016
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department
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Financial Services and General Government (FSGG) FY2017 Appropriations: Overview

Description: This report discusses the Financial Services and General Government (FSGG) appropriations bill, which includes funding for the Department of the Treasury, the Executive Office of the President (EOP), the judiciary, the District of Columbia, and more than two dozen independent agencies.
Date: June 20, 2016
Creator: Webel, Baird
Partner: UNT Libraries Government Documents Department
open access

Treasury Issues White Paper on Fintech and Marketplace Lending

Description: This report briefly discusses the context and contents of a white paper issued on May 10, 2016 by the U.S. Department of the Treasury. The paper analyzes regulatory issues for the marketplace lending industry and offers several recommendations for industry and government responses.
Date: May 20, 2016
Creator: Murphy, Edward V.
Partner: UNT Libraries Government Documents Department
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FHFA's Administrative Reform of Fannie Mae, Freddie Mac, and the Housing Finance System

Description: This report discusses housing finance reform and structural changes enacted by the Federal Housing Finance Agency (FHFA), particularly in relation to government-sponsored enterprises (GSEs). It includes sections on GSEs and conservatorship; FHFA reforms broken down into information about risk-sharing transactions, a common securitization platform, and single security; and Congressional action on GSE reform.
Date: May 23, 2016
Creator: Hoskins, Sean M.
Partner: UNT Libraries Government Documents Department
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Corporate Expatriation, Inversions, and Mergers: Tax Issues

Description: This report begins with a brief discussion of relevant portions of the U.S. corporate income tax system before examining how inversions were commonly structured. It then looks at how Congress and the Department of the Treasury have reduced the benefits of inversions, and concludes with an examination of methods that remain to invert and policy options available to prevent or limit these inversions.
Date: April 27, 2016
Creator: Marples, Donald J. & Gravelle, Jane G.
Partner: UNT Libraries Government Documents Department
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Overview of Commercial (Depository) Banking and Industry Conditions

Description: This report begins with a general overview of the banking industry. It describes how banks facilitate the financial intermediation process as well as the associated financial risks. It also explains the market structure of the banking industry, referring primarily to the asset distribution. Next, this report summarizes profitability and lending activity levels in the banking industry. Particular attention is paid to metrics related to capitalization levels, asset performance, and earnings of de… more
Date: May 3, 2016
Creator: Getter, Darryl E.
Partner: UNT Libraries Government Documents Department
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The State of Campaign Finance Policy: Recent Developments and Issues for Congress

Description: This report provides an overview of the campaign finance landscape and policy issues that may confront Congress. It includes information about the development of campaign finance law with selected litigation as well as potential policy considerations and emerging issues.
Date: June 23, 2016
Creator: Garrett, R. S.
Partner: UNT Libraries Government Documents Department
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FinCEN Seeks Shell-Company Transparency

Description: This legal sidebar discusses the Financial Crimes Enforcement Network's (FinCEN) rules outlining anti-money laundering due diligence requirements. These rules require certain financial institutions to identify and verify beneficial owners of legal entity customers.
Date: June 6, 2016
Partner: UNT Libraries Government Documents Department
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Foreign Holdings of Federal Debt

Description: This report presents current data on estimated ownership of U.S. Treasury securities and major holders of federal debt by country. Federal debt represents the accumulated balance of borrowing by the federal government.
Date: March 28, 2016
Creator: Labonte, Marc & Nagel, Jared C.
Partner: UNT Libraries Government Documents Department
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Negative Interest Rates

Description: In a few foreign economies, including the euro area, Switzerland, and Japan, central banks have purposely set some short-term interest rates used to carry out monetary policy at negative levels. This report briefly discusses the reasons behind this phenomenon.
Date: April 20, 2016
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department
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China's Recent Stock Market Volatility: What Are the Implications?

Description: This report briefly discusses the background and implications of the rapid price increases experienced in China's two main stock markets, the Shanghai Stock Exchange (SSE) and the Shenzhen Stock Exchange (SZSE), from about mid-2014 to mid-2015.
Date: January 9, 2016
Creator: Morrison, Wayne M. & Nelson, Gabriel M.
Partner: UNT Libraries Government Documents Department
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Federal Reserve: Emergency Lending

Description: This report provides a review of the history of Section 13(3) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act; P.L. 111-203), including its use in 2008. It discusses the Federal Reserve's (Fed's) authority under Section 13(3) before and after the Dodd-Frank Act as well as policy issues and legislation to amend Section 13(3).
Date: January 6, 2016
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department
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Federal Reserve Issues Final Rule on Emergency Lending

Description: This report briefly discusses major provisions of the Federal Reserve's (Fed's) Final Rule, governing emergency lending under Section 13(3) of the Federal Reserve Act and implementing Section 1101 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank).
Date: January 6, 2016
Creator: Labonte, Marc & Murphy, M. M.
Partner: UNT Libraries Government Documents Department
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The Committee on Foreign Investment in the United States (CFIUS)

Description: This report discusses the Committee on Foreign Investment in the United States (CFIUS) comprising nine members, two ex officio members, and other members as appointed by the President representing major departments and agencies within the federal executive branch. While the group generally has operated in relative obscurity, the proposed acquisition of commercial operations at six U.S. ports by Dubai Ports World in 2006 placed the group's operations under intense scrutiny by Members of Congress… more
Date: February 19, 2016
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
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