CALIFORNIA, Stanford, May 9 -- The Federal Reserve Bank of Cleveland issued the following speech on May 9, 2025, by President and CEO Beth M. Hammack at the Hoover Institution, Stanford University on Outlook for the Economy and Monetary Policy: * * * Outlook for the Economy and Monetary Policy My thanks to the Hoover Institution for inviting me to speak on this esteemed panel. It's great to be back at my alma mater. I am especially grateful that yesterday I was able to join the celebration in  more

WASHINGTON, May 9 -- The U.S. Department of Defense issued the following news: * * * Contracts for May 9, 2025 ARMY Lockheed Martin Corp., Grand Prairie, Texas, was awarded a $742,179,564 firm-fixed-price contract for production of High Mobility Artillery Rocket Systems. Bids were solicited via the internet with one received. Work locations and funding will be determined with each order, with an estimated completion date of May 31, 2027. Army Contracting Command, Redstone Arsenal, Alabama,   more

WASHINGTON, May 10 -- The Federal Election Commission issued the following weekly digest: * * * Commission meetings and hearings No open meetings or executive sessions were scheduled this week. * * * Enforcement The Commission made public four closed cases, as follows. For more information, see the case documents in the Enforcement Search System. MUR 8124 COMPLAINANT: Michael Henry RESPONDENTS: Pekau for Congress and Cynthia Katsenes, in her official capacity as treasurer (Federal Commi  more

SAN DIEGO, California, May 10 -- The U.S. Navy issued the following news story: * * * Navy Medicine CRTS Teams Prepare Aboard USS Tripoli By Arsenio R. Cortez Jr., Naval Medical Forces Pacific Sailors assigned to Casualty Receiving Transport Ship 2 and CRTS-6 conducted shipboard familiarization training aboard the USS Tripoli (LHA 7) on May 7, 2025, a crucial step in maintaining Naval Medical Forces Pacific's (NMFP) readiness. This training, coordinated by NMFP, prepared the teams for rapid  more

WASHINGTON, May 9 -- The U.S. Postal Service issued the following news release: * * * Postal Service Board of Governors appoints David Steiner to be 76th Postmaster General and CEO of the United States Postal Service WASHINGTON, DC -- The U.S. Postal Service Board of Governors today announced that they have chosen David Steiner to be America's 76th Postmaster General and CEO. Pending the outcome of necessary background and ethics checks, Steiner will succeed former Postmaster General Louis De  more

WASHINGTON, May 10 -- President Trump issued the following executive order on May 9, 2025: * * * KEEPING PROMISES TO VETERANS AND ESTABLISHING A NATIONAL CENTER FOR WARRIOR INDEPENDENCE By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered: Section 1. Purpose and Policy. Our Nation's security, prosperity, and freedom would not be possible without our veterans. Many service members paid the ultimate sacrifice. Many ot  more

WASHINGTON, May 10 -- The Securities and Exchange Commission issued the following litigation release (No. 2:22-cv-00693; C.D. Cal. filed Feb. 1, 2022; amended complaint filed Apr. 5, 2023): * * * Securities and Exchange Commission v. Safeguard Metals LLC and Jeffrey Ikahn (f/k/a Jeffrey S. Santulan), No. 2:22-cv-00693 (C.D. Cal. filed Feb. 1, 2022; amended complaint filed Apr. 5, 2023) On May 2, 2025, the Securities and Exchange Commission obtained final judgments against California-based Saf  more

WASHINGTON, May 10 -- The U.S. Department of Transportation's Surface Transportation Board issued the following decision (Docket No. FD 36828) entitled "California Northern Railroad Co. - Lease and Operation Exemption Including Interchange Commitment - Union Pacific Railroad Co.": * * * [REQUEST FOR WAIVER OF 49 C.F.R. Sec. 1150.42(e)] Digest:/1 This decision waives a 60-day advance notice requirement and allows California Northern Railroad Company to extend the term of its lease for approxim  more

WASHINGTON, May 10 -- The U.S. Department of Veterans Affairs issued the following statement on May 9, 2025: * * * VA statement regarding President Trump's executive order WASHINGTON - After President Trump signed an executive order to provide better care to Veterans, improve accountability for such care, and establish a National Center for Warrior Independence for homeless Veterans, Department of Veterans Affairs Secretary Doug Collins released the following statement: "Under President Trum  more

WASHINGTON, May 10 -- The White House issued the following fact sheet on May 9, 2025: * * * President Donald J. Trump Keeps Promises to Our Veterans and Establishes New Center for Homeless Veterans KEEPING OUR PROMISE TO OUR VETERANS: Today, President Donald J. Trump signed an Executive Order to provide better care to our veterans, improve accountability for such care, and establish a National Center for Warrior Independence for homeless veterans. * The Order directs the Secretary of Veteran  more