Saturday - July 4, 2020
Federal - Executive Branch

News releases, reports, statements and associated documents from the U.S. Executive Branch, covering all aspects of the Obama administration including cabinet departments, federal agencies, regulatory and independent agencies.

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U.S. Embassy in Ghana Issues Remarks on U.S. Independence Day 2020 Message
ACCRA, Ghana, July 4 -- The U.S. Embassy in Ghana issued the following remarks on July 3 by Ambassador Stephanie S. Sullivan on U.S. Independence Day 2020:

Before I talk about American independence, I want to start by commending the government and people of Ghana for your resiliency throughout the COVID-19 pandemic. The United States has been honored to partner with you in our common effort to combat this disease. Together, we will achieve the shared goal of emerging healthier, stronger, and more united.

Today, we observe the signing of the Declaration of Independence by a group of American patriots ... Show Full Article

U.S. Ambassador to Greece Pyatt Issues Remarks at 8th Regional Growth Conference in Patras, July 3
PATRAS, Greece, July 4 -- U.S. Ambassador to Greece Geoffrey Pyatt issued following remarks on July 3 at the 8th Regional Growth Conference:

As you all know, Patras is close to my heart, and I was really sorry to miss the Race of Sacrifice to Kalavryta this year because of the pandemic. But I look forward to returning to western Greece later this summer and, of course, enjoying more of your stunning sunsets and vibrant economic and cultural life.

The American Embassy is closed today for the Independence Day holiday, but I'm happy for this opportunity to participate in the 8th Regional Growth ... Show Full Article

Texas U.S. Attorney: Killeen Woman Faces Federal Charge in Connection With Disappearance of U.S. Army Specialist Vanessa Guillen
SAN ANTONIO, Texas, July 4 -- The U.S. Attorney for the Western District of Texas, John F. Bash, issued the following news release:

Federal authorities filed a criminal complaint against 22-year-old Cecily Aguilar in connection with the disappearance of U.S. Army Specialist Vanessa Guillen, announced U.S. Attorney John F. Bash, U.S. Army Criminal Investigative Command (USACID) Special Agent in Charge Vanessa Neff at Fort Hood, and FBI Special Agent in Charge Christopher Combs, San Antonio Division.

The criminal complaint charges Aguilar with one count of conspiracy to tamper with evidence. According ... Show Full Article

Join U.S. Embassy South Africa's Independence Day Commemoration
PRETORIA, South Africa, July 4 -- The U.S. Embassy in South Africa issued the following news release:

This July 4th, we celebrate the 244th anniversary of the founding of the United States of America. Each year on this date, we pause for a moment to recommit ourselves to the principles enshrined in our Declaration of Independence, and to celebrate our freedom.

2020 has proven to be a year for reflection, not just on how we do business and interact with one another during a global pandemic, but also on how we address racial injustice in the United States, and the global response to these issues. ... Show Full Article

Ill. U.S. Attorney: Nigerian National Expelled From United Arab Emirates to Face Cyber Fraud Charge in Chicago
ROCKFORD, Illinois, July 4 -- The U.S. Attorney for the Northern District of Illinois, John R. Lausch Jr., issued the following news release:

A Nigerian national who allegedly orchestrated an international cyber fraud scheme targeting several U.S.-based companies has been expelled from the United Arab Emirates to face a federal criminal charge in Chicago.

OLALEKAN JACOB PONLE, also known as "Mr. Woodbery" and "Mark Kain," 29, originally of Lagos, Nigeria, is charged in U.S. District Court in Chicago with conspiracy to commit wire fraud. A criminal complaint accuses Ponle of orchestrating "business ... Show Full Article

Hartmann's Mountain Zebra Born at the Smithsonian Conservation Biology Institute
WASHINGTON, July 4 -- The Smithsonian Conservation Biology Institute issued the following news release on July 3:

For the first time in the Smithsonian Conservation Biology Institute's (SCBI) history, ungulate keepers celebrated the birth of a male Hartmann's mountain zebra at the Front Royal, Virginia, facility. The colt was born overnight July 2 to 6-year-old mother Mackenzie and 5-year-old father Rogan. He is the first offspring for both parents. Ungulate keepers are closely monitoring the colt, and they report that he appears to be nursing well and sticking close by Mackenzie's side.

Before ... Show Full Article

Fed: Bank Complexity, Governance and Risk
WASHINGTON, July 4 -- The Federal Reserve issued the following white paper by economist Ricardo Correa and Senior Vice President Linda S. Goldberg entitled "Bank Complexity, Governance, and Risk":

Abstract:

Bank holding companies (BHCs) can be complex organizations, conducting multiple lines of business through many distinct legal entities and across a range of geographies. While such complexity raises the the costs of bank resolution when organizations fail, the effect of complexity on BHCs' broader risk profiles is less well understood. Business, organizational, and geographic complexity can ... Show Full Article