Tuesday - April 13, 2021
Federal Independent Agencies

News releases, reports, statements and associated documents from federal independent agencies.

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TVA: Sequoyah Nuclear Unit 1 Begins Scheduled Refueling, Maintenance Outage
SODDY-DAISY, Tennessee, April 13 -- The Tennessee Valley Authority issued the following news release:

The Tennessee Valley Authority's Sequoyah Nuclear Plant Unit 1 started a scheduled refueling and maintenance outage early Saturday morning after generating over 13.5 billion kilowatt-hours of carbon-free energy in 494 days of operation.

"This scheduled outage allows us to complete necessary work to ensure we continue delivering reliable, low-cost, carbon-free electricity to the people and businesses we serve," said Tom Marshall, TVA Sequoyah site vice president. "The team will load 85 new nuclear ... Show Full Article

New York Fed: New Member Appointed to Fintech Advisory C
NEW YORK, April 13 -- The Federal Reserve Bank of New York issued the following news release on April 12, 2021:

The Federal Reserve Bank of New York today announced the appointment of a new member to its Fintech Advisory Group, effective immediately. The Fintech Advisory Group provides New York Fed leaders with a high-level platform to establish clear points of contact with senior representatives and thought leaders from the financial and technology industries.

The primary goal of the Advisory Group is to present views and perspectives on the emerging issues related to financial technologies, ... Show Full Article

New York Fed: Consumers' Inflation, Home Price and Spending Expectations Keep Rising
NEW YORK, April 13 -- The Federal Reserve Bank of New York issued the following news release:

The Federal Reserve Bank of New York's Center for Microeconomic Data released the March 2021 Survey of Consumer Expectations, which shows a continuation in the recent upward trend in inflation, home price and spending growth expectations. In particular, expectations about home, gas, and rent price changes all reached new series highs in March. Labor market expectations continued to recover with higher expectations about job security and improved unemployment expectations. Finally, households were more ... Show Full Article

Federal Reserve Bank of San Francisco: Fed Views Publishes April 8 Edition
SAN FRANCISCO, California, April 13 -- The Federal Reserve Bank of San Francisco issued the following April 8 edition of Fed Views by Vice President Nicolas Petrosky-Nadeau:

* * *

Nicolas Petrosky-Nadeau, vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of April 8, 2021.

* Progress continues on containment of the COVID-19 pandemic. The number of new cases in the United States has declined rapidly since January peaks and remains low, recently averaging 68,000 people over 14 days. Rates for hospitalizations and deaths due to ... Show Full Article

EPA Resumes Lead-Contaminated Soil Cleanup at Residential Properties in Lyons, Illinois
CHICAGO, Illinois, April 13 -- The Environmental Protection Agency issued the following news release:

Next week, U.S. Environmental Protection Agency will resume the lead-contaminated soil cleanup at residential properties in Lyons, between 45th Street to the north, Fisherman's Terrace to the east, 47th Street to the south, and the 7900 blocks of 45th, 46th and 47th streets on the western edge.

These properties are near the former Taracorp Industries site, 7753 West 47th Street, in McCook, Illinois.

In 2020, EPA completed cleanup at four residential properties. EPA anticipates cleanups will ... Show Full Article

EPA Proposes Settlement With Arrow Midstream To Resolve Produced Water Releases on Fort Berthold Indian Reservation in North Dakota
DENVER, Colorado, April 13 -- The Environmental Protection Agency issued the following news release:

The U.S. Environmental Protection Agency (EPA) announced a proposed Clean Water Act (CWA) settlement with Texas-based Arrow Midstream Holdings, LLC (Arrow Midstream) in which the company has agreed to pay $106,500 for alleged Clean Water Act violations associated with two releases of produced water from pipelines into tributaries of Lake Sakakawea near Mandaree, North Dakota on the Fort Berthold Indian Reservation.

EPA alleges that Arrow Midstream violated Section 301 of the CWA by unintentionally ... Show Full Article

EPA Begins Final Thermal Treatment Phase of Soil Cleanup at Velsicol Superfund Site in St. Louis, Michigan
CHICAGO, Illinois, April 13 -- The Environmental Protection Agency issued the following news release on April 12, 2021:

U.S. Environmental Protection Agency and the Michigan Department of Environment, Great Lakes, and Energy today began the last phase of in-place thermal treatment of contaminated soil at the Velsicol Chemical Corp. Superfund site at 500 N. Bankson St. in St. Louis. EPA anticipates this work will be completed in late 2021.

Special equipment is being used to heat the soil and the groundwater, capture contaminants, and treat them on-site. When this is completed, EPA will begin a ... Show Full Article