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The Financial Stability Oversight Council: A deficit killer?
by The U.S. National ArchivesThe Dodd-Frank reform legislation had multiple goals: among them, preventing a repeat of the financial crisis by closing regulatory gaps and, through the Financial Stability Oversight Council it created, identifying and addressing systemic...
Elizabeth Warren maintains CFPB is not without oversight
by Patrick QElizabeth Warren, architect of the Consumer Financial Protection Bureau, defended the fledgling agency from allegations that it lacks appropriate oversight while speaking to journalists at the Society of American Business Editors and Writers Conference in...
Military Members : You Have 3 Weeks To Buy A Home, Claim Up To $8,000 In Tax Credits
If you’re an eligible federal employee or qualified military personnel, you have 3 weeks from this Saturday to use the federal home buyer tax credit, and to claim up to $ 8,000 in federal income tax credits. According to the IRS, eligible persons include...
Senators to unveil own report on financial crisis
by Musée McCord MuseumSenators Carl Levin (D-Mich.) and Tom Coburn (R-Okla.) will release their report on the cause of the financial crisis next week. Levin chairs the Senate Permanent Subcommittee on Investigations, and Coburn is its ranking member. They will release...
How Does Your Real Estate Tax Bill Compare To Other Parts Of The Country?
Mortgage rates may be a function of free markets, but real estate taxes are a function of government. And, depending on where you live, your annual real estate tax bill could be high, low, or practically non-existent. Compiling data from the 2009 American Community...
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