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®:
CRE's Regulatory Action
of the Week


OMB Issues Memo on "Use of Evidence and Evaluation in the 2014 Budget"
OMB issued a memorandum dated may 18, 2012, to the heads of executive departments and agencies. This Memorandum states in part:

    "Since taking office, the President has emphasized the need to use evidence and rigorous evaluation in budget, management, and policy decisions to make government work effectively. … Agencies should demonstrate the use of evidence throughout their Fiscal Year (FY) 2014 budget submissions. Budget submissions also should include a separate section on agencies' most innovative uses of evidence and evaluation, addressing some or all of the issues below. Many potential strategies have little immediate cost, and the Budget is more likely to fund requests that demonstrate a commitment to developing and using evidence."
  • Click here to read OMB Memo

    • Information Collection Request of the Week

  • Department of Commerce Seeks Information Collection for NIST
    National Institute of Standards and Technology seeks information collection in order to conduct a number of data collection efforts--both quantitative and qualitative.
  • ICR of the Week
  • ICR Archive

    • Recent Regulatory Developments

  • As Regulators Set Rules for Equity-Based Crowdfunding, Investors Prepare
    The investment sector may soon get more crowded.
  • Federal Regulators Reject Green River Pipeline – Again
    Federal regulators have again rejected a Colorado developer’s application for a government study of his proposed pipeline to funnel water from the Green River to Denver.
  • Federal Regulators to Meet After J.P. Morgan Trade
    A government council made up of bank and securities regulators that seeks to identify systemic risk issues plans to meet Tuesday privately, according to a Treasury official.
  • JPMorgan Trade on Regulators' Radar in April-Source
    Regulators first raised concerns in April about trading positions that led to a $2 billion-plus loss at JPMorgan Chase & Co, and they posed questions to senior management at the bank, a source familiar with the situation said on Tuesday.
  • Additional News (updated daily)


    • Updated Tuesday, Friday, Sunday

    Science Forum

  • US EPA: Navistar Faced Shutdown Without Penalties For Engines
    Commercial truck maker Navistar International Corp.'s (NAV) inability to comply with a two-year-old federal air pollution standard exposed the company's employees and its customers to "serious harm," U.S. regulators said in defense of allowing Navistar to pay fines on its noncompliant engines.
  • Additional News (updated daily)

    Updated Tuesday, Friday, Sunday

    • OMB POLICY STATEMENTS
    Shared First Strategies to Initially Focus on Intra-Agency Sharing
    Through its Shared First initiative, the Office of Management and Budget is asking agencies to look for quick wins by consolidating at the intra-agency, said an OMB official May 17 at an AFFIRM event in Washington, D.C. "The agencies' focus in this first year is largely going to be intra-agency shared services," said Andrew McMahon, portfolio Tech Stat lead at OMB. "We really want to have agencies become comfortable at consolidation, at learning how to share within their agency."

  • Click to learn more.
  • Additional News



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