IMF Chief Warns of Financial Disaster Driven by Inequality (tags)
IMF Head Kristalina Georgieva warns of a return of the Great Depression driven by inequality and financial sector instability in a speech delivered at the Peterson Institute of International Economics.
Disaster Food Assistance Funds Distributed in Puerto Rico (tags)
The Government of Puerto Rico began distribution of emergency disaster food assistance Monday. In May, Congress approved $600 million for the Puerto Rico Nutrition Assistance Program (NAP) as part of disaster relief measures to benefit Americans recovering from disasters such as wildfires and hurricanes.
House Hearing Reviews Financial Transparency Legislation (tags)
The House of Representatives is holding hearings on legislative initiatives to deter corruption and secrecy in the global financial system. The Financial Services Subcommittee on National Security, International Development and Monetary Policy convenes a March 13th hearing on "Promoting Corporate Transparency: Examining Legislative Proposals to Detect and Deter Financial Crime."
Puerto Rico and US Virgin Islands Disaster Relief Hangs on Senate Negotiations (tags)
Senate leaders say they are close to a budget deal to avert a government shutdown.
Archbishop and Evangelical Leader Tell Congress to Protect Puerto Rico in Tax Plans (tags)
As the Senate and House tax plans head to conference committee to reconcile tax plan differences, major religious leaders from Puerto Rico are asking Congress to protect the island from new proposed taxes.