Monday - October 21, 2019
Federal Independent Agencies

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

Featured Stories

USAID Acting Spokesperson Jhunjhunwala Issues Statement on Deputy Administrator Glick's Meetings
WASHINGTON, Oct. 18 -- The U.S. Agency for International Development issued the following statement by acting spokesperson Pooja Jhunjhunwala on Deputy Administrator Bonnie Glick's meetings during the annual meetings of the World Bank Group and International Monetary Fund:

"United States Agency for International Development (USAID) Deputy Administrator Bonnie Glick participated in multiple events and bilateral meetings with government leaders during the Annual Meetings of the World Bank Group and International Monetary Fund (IMF) from October 15 to October 18, 2019.

"On October 15, Deputy Administrator ... Show Full Article

Mark Chambers Honored With Director's Award at 20th National Design Awards Gala
WASHINGTON, Oct. 18 -- The Smithsonian Institution issued the following news release:

* * *

- New Climate Action Award Announced for 2020

* * *

Cooper Hewitt, Smithsonian Design Museum held its 20th annual National Design Awards Gala in New York City last evening, honoring design excellence and innovation in 12 categories. The Director's Award, which was revealed live, was presented to Mark Chambers, director of sustainability for the City of New York. This year's gala included the announcement of the Climate Action Award, a new category beginning in 2020, which will recognize a design project ... Show Full Article

Jet Propulsion Laboratory: NASA Map Reveals a New Landslide Risk Factor
PASADENA, California, Oct. 18 -- NASA's Jet Propulsion Laboratory issued the following news:

In the deadly 2018 earthquake in the Indonesian city of Palu, intense shaking changed solid ground into a landslide of flowing mud, multiplying the death toll and economic impact. A new paper shows that this disastrous effect was triggered by a previously unknown risk factor: flooding rice fields for farming.

Soil liquefaction, which causes this kind of landslide, occurs when the shaking from a large earthquake rips through moist, loose soil, overpowering the friction that normally holds dirt particles ... Show Full Article

Jet Propulsion Laboratory: Mars 2020 Unwrapped and Ready for Testing
PASADENA, California, Oct. 18 -- NASA's Jet Propulsion Laboratory issued the following news:

In this time-lapse video, taken on Oct. 4, 2019, at NASA's Jet Propulsion Laboratory in Pasadena, California, bunny-suited engineers remove the inner layer of protective antistatic foil on the Mars 2020 rover after the vehicle was relocated from JPL's Spacecraft Assembly Facility to the Simulator Building for testing.

"The Mars 2020 rover will be collecting samples for future return to Earth, so it must meet extraordinary cleanliness measures to avoid the possibility of contaminating Martian samples with ... Show Full Article

Fed Vice Chair Clarida Issues Speech at CFA Institute Conference
BOSTON, Massachusetts, Oct. 18 -- The Federal Reserve issued the following speech by Vice Chair Richard H. Clarida at a conference sponsored by the CFA Institute and the CFA Society of Boston entitled "Late Cycle Investing: Opportunity and Risk":

Before we begin our conversation, I would like to share a few thoughts about the outlook for the U.S. economy and monetary policy./1

"The U.S. economy is in a good place, and the baseline outlook is favorable. The median expectation from Federal Open Market Committee (FOMC) participants' most recent Summary of Economic Projections is for GDP growth to ... Show Full Article

FDIC and Fed Request Information on Use and Impact of CAMELS Ratings
WASHINGTON, Oct. 18 -- The Federal Reserve issued the following news release:

In keeping with ongoing initiatives to increase transparency and improve efficiency, the Federal Deposit Insurance Corporation and Federal Reserve Board are inviting public comment on their use of the Uniform Financial Institutions Rating System, also known as the CAMELS rating system.

The agencies seek comments on the consistency of ratings assigned under the CAMELS system. The agencies are also interested in comments concerning how they use CAMELS ratings in enforcement actions and in reviewing bank applications.

The ... Show Full Article

Court of International Trade Issues Opinion in CSC Sugar Case
NEW YORK, Oct. 18 -- The U.S. Court of International Trade issued the following slip opinion (Slip Op. 19-132):

CSC SUGAR LLC, Plaintiff,

v.

UNITED STATES, Defendant.

Before: Leo M. Gordon, Judge

Court No. 17-00215

OPINION

[Granting Plaintiff's Motion for Judgment on the Agency Record]

Jeffrey S. Neeley and Michael Klebanov, Husch Blackwell, LLP, of Washington, DC for Plaintiff CSC Sugar LLC.

Alexander O. Canizares, Trial Attorney, Commercial Litigation Branch, Civil Division, U.S. Department of Justice, of Washington, DC for Defendant United States. With him on the brief were Joseph H. ... Show Full Article