Tuesday - June 25, 2019
Federal Independent Agencies

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

Featured Stories

U.S. Court of Federal Claims Issues Opinion, Order Involving IAccess Technologies
WASHINGTON, June 24 -- The U.S. Court of Federal Claims issued the following opinion and order (Case No. xxx):

(E-Filed: June 24, 2019)1

iACCESS TECHNOLOGIES, INC., Plaintiff,

v.

UNITED STATES, Defendant,

and

L-3 COMMUNICATIONS INTEGRATED SYSTEMS L.P., Intervenor-defendant.

Pre-Award Bid Protest; Exclusion from Competitive Range; Unsuccessful Challenge to Technical Ratings; Discussions Held with Offerors Were Meaningful and Not Misleading; No Improper Responsibility Determination.

Richard J.R. Raleigh, Jr., Huntsville, AL, for plaintiff. Jerome S. Gabig and Christopher L. Lockwood, of counsel.

Margaret ... Show Full Article

Texas Manufacturing Expansion Continues But Outlooks Worsen, Uncertainty Rises, Says Dallas Fed Survey
DALLAS, Texas, June 24 -- The Federal Reserve Bank of Dallas issued the following news release:

Texas factory activity continued to expand in June, according to business executives responding to the Texas Manufacturing Outlook Survey.

The production index, a key measure of state manufacturing conditions, rose from 6.3 in May to 8.9 in June. Positive readings in the survey generally indicate expansion of factory activity, while readings below zero generally indicate contraction.

"The June report reflects continued moderate expansion in Texas manufacturing, with growth this year remaining below ... Show Full Article

Peace Corps Renews Partnership With National Peace Corps Association in Austin, Texas
AUSTIN, Texas, June 24 -- The Peace Corps issued the following news release:

Peace Corps Director Jody Olsen and National Peace Corps Association (NPCA) President Glenn Blumhorst signed a Memorandum of Understanding June 21 to renew the organizations' commitments to support the Peace Corps' mission. The two groups will continue to implement initiatives that promote a better understanding among Americans of other people and cultures around the world and educate the public on Peace Corps programs and service opportunities.

The memorandum was signed during the Peace Corps Connect conference--an ... Show Full Article

Federal Reserve: Agencies Issue Final Amendments to Regulation CC Regarding Funds Availability
WASHINGTON, June 24 -- The Federal Reserve issued the following news release:

The Consumer Financial Protection Bureau and the Federal Reserve Board today jointly published amendments to Regulation CC that implement a statutory requirement to adjust for inflation the amount of funds depository institutions must make available to their customers. The amendments apply in circumstances ranging from next business day withdrawal of certain check deposits to setting the threshold amount for determining whether an account has been repeatedly withdrawn.

Regulation CC implements the Expedited Funds Availability ... Show Full Article

Federal Home Loan Bank of Pittsburgh: MVB Bank Recognized for Outstanding Community Impact, Receives Pillars of the Community Award
PITTSBURGH, Pennsylvania, June 24 -- The Federal Home Loan Bank of Pittsburgh, a district bank in the Federal Home Loan Bank System, issued the following news release:

MVB Bank was presented today with the prestigious FHLBank Pittsburgh Pillars of the Community Award in recognition of the bank's commitment to community lending, revitalization and service. The Pillars Award is FHLBank Pittsburgh's highest honor and is presented annually to select FHLBank members.

MVB Bank, headquartered in Fairmont, West Virginia, received the award at an FHLBank regional member event held today in Pittsburgh, ... Show Full Article

Federal Home Loan Bank of Pittsburgh: First National Bank's Anita Karem Honored With Council's Award for Community Investment Leadership
PITTSBURGH, Pennsylvania, June 24 -- The Federal Home Loan Bank of Pittsburgh, a district bank in the Federal Home Loan Bank System, issued the following news release:

Anita L. Karem, former Community Reinvestment Act (CRA) Officer and current Community Relations Consultant for First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB), has been presented with the 2019 Council's Award from FHLBank Pittsburgh for excellence in community investment. Karem received the award today at an FHLBank regional member event in Pittsburgh, Pennsylvania. John Bendel, FHLBank's Senior Director ... Show Full Article

Agencies Issue Final Amendments to Regulation CC Regarding Funds Availability
WASHINGTON, June 24 -- The Consumer Financial Protection Bureau issued the following news release:

The Consumer Financial Protection Bureau and the Federal Reserve Board today jointly published amendments to Regulation CC that implement a statutory requirement to adjust for inflation the amount of funds depository institutions must make available to their customers. The amendments apply in circumstances ranging from next business day withdrawal of certain check deposits to setting the threshold amount for determining whether an account has been repeatedly withdrawn.

Regulation CC implements the ... Show Full Article