Sentences with phrase «fund of federal money»

Not exact matches

Earlier in the month, the Federal Reserve raised the funds rate by 25 basis points, its fifth increase since December 2015, which impacts some of the terms by which you borrow money and access credit.
Boston and Washington, D.C., for example, use a mix of federal, state, and city money to fund their programs, while New York City's bike - sharing initiative is financed entirely by private means.
The essential services still allowed for withdrawal, in order of priority, include certain federal funds, payroll, and money for police, fire, medical, education, and disaster recovery operations.
It is of great importance that the public is confident that the federal funds rate will be, on average over time, within the target range set forth by the FOMC, and that other money market rates will continue to move closely with changes in the federal funds rate.
In addition to the Canada Pension Plan Account, there was a Canada Pension Plan Investment Fund that would take the surplus that accumulated over and above administration costs and the amount of money required to pay immediate benefits (i.e. three months» worth) and invest it in provincial and federal securities.
Harper did not announce any more money for the Conservative's federal renewable energy program, which runs out of funding this year.
These features include the availability of physical cash and a behavioral aversion by some money market investors to investing at negative rates, and also encompass certain unique features of money markets in the United States, such as legal and regulatory incentives applicable to money market mutual funds and the ability of the government - sponsored enterprises to leave unremunerated deposits at the Federal Reserve.23
The money, which Mr. Cohen has said came from his own personal funds, is the subject of complaints lodged by the group Common Cause with the Federal Election Commission and the Justice Department.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person and business that seeks a business loan.
The Federal Reserve can control the supply of money and sets important federal funds rate that makes headlines whenever it changes (or analysts think it may change in the near fFederal Reserve can control the supply of money and sets important federal funds rate that makes headlines whenever it changes (or analysts think it may change in the near ffederal funds rate that makes headlines whenever it changes (or analysts think it may change in the near future).
The well - funded dairy lobby spends a great deal of money (an estimated $ 80 to $ 100 million each year — ironically paid for by the higher prices consumers pay), persuading federal and provincial politicians that supply management «protects the family farm,» «ensures food security» and that, because these farmers are so numerous, doing anything to upset them would be political suicide.
On Bloomberg television last week, James B. Lockhart III, the former head of the Federal Housing Finance Agency (Fannie and Freddie's regulator) commented on the bailout funds already provided to Fannie and Freddie, saying «Most of that money will never be seen again.
The bottom line is that after the prolonged tax giveaway exacerbates the federal budget deficit — along with the balance - of - payments deficit — we can expect the next Republican or Democratic administration to step in and «save» the country from economic emergency by scaling back Social Security while turning its funding over, Pinochet - style, to Wall Street money managers to loot as they did in Chile.
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
There is $ 2.7 trillion in money market funds alone, plus another $ 9.1 trillion in bank deposits, like checking accounts and certificate of deposits (CDs)(source: Investment Company Institute (ICI) and Federal Reserve (Fed), as of 10/16/2017).
If any person, including a relative or friend of the candidate, gives or loans the candidate money «for the purpose of influencing any election for federal office,» the funds are not considered personal funds of the candidate even if they are given to the candidate directly.
On February 23, 1995 then - Fed chairman Alan Greenspan, in his semi-annual Humphrey - Hawkins Act testimony to Congress, announced that he was ending his period of money tightening that had taken the federal funds rate up to 6 % and would start letting rates decline.
And when it wants an easier monetary policy and targets a lower federal funds rate, the Fed engages in the opposite course of action of buying government securities so as to introduce more money into the system.
Critics like University of Victoria professors Rob Gillezeau and Jeffrey Ansloos point, for example, to the Parliamentary Budget Officer's analysis that shows the federal government may not have allocated enough money to fulfill the Liberals» key 2015 election promise to eliminate the gap between federal spending on First Nations students and kids attending provincially funded schools.
The types of debt securities held by money market mutual funds are required by federal regulation to be very short in maturity and high in credit quality.
But unlike the transit hub, built largely with federal transportation money, the church is being funded through donations including from the Greek government, Greek Orthodoxchurch members around the world, the Roman Catholic Archdiocese of Boston and the Italian city of Bari, whose patron saint is St Nicholas.
As we read this history, the furor over stem cells was fueled by numerous factors: the near - universal human desire for magic; patients» desperation in the face of illness and their hope for cures; the belief that biology can now do anything; the reluctance of scientists to accept any limits (particularly moral limits) on their research; the impact of big money from biotech stocks, patents, and federal funding; the willingness of America's elite class to use every means possible to discredit religion in general; and the need to protect the unlimited abortion license by accepting no protections of unborn human life.
Tracing the interest of the bishops of the Catholic Church in obtaining federal monies for parochial schools, the magazine recalled that the church leaders had sought to obtain funding and avoid the «impending danger of a judicial establishment of secularism from public life.»
«It is also the same stupid thinking that Planned Parenthood gets hundreds of millions of dollars in federal money, but claim that none of it is used to fund abortions.
Federal funding of up to $ 500,000 exists for such a center through the Affordable Care Act, which allocates money to school - based health centers to be safety net providers.
While we need federal funding and guidelines, in the final analysis it's the parents, principals, and teachers [who matter]-- it's a local program, not just another federal program that needs money, but a program that invests in the future of local schools and communities.
The loss of federal funds has stung city school officials, who started the program with the idea that they would get federal money to help pay for the free meals, which are being served from 11 a.m. to 1 p.m. at various elementary schools during the strike.
While the federal government mandates schools that receive federal money serve a free lunch to children whose families meet a certain income, the funds don't cover the entire cost of the meal.
However, the $ 335,000 set aside for the renovations comes from a special bond fund that must be used by the end of the year or the Park District could lose the money because of federal laws.
By eliminating the National School Lunch Program's guaranteed federal funding, states run the risk of running out of money in an economic downturn and putting hungry kids at risk.
To date, New York has received only a small fraction of federal money for high speed rail, but we want to make it a success now, and my Administration will aggressively pursue all funding opportunities to make high speed rail a reality.
A funding scheme to funnel money to Democratic Senate candidates in the Hudson Valley in 2014 is now the focus of a federal investigation by the U.S. Attorney, Preet Bharara.
And yet, there is a federal Department of Education, overseeing the funding of schools and contributing money towards it.
Gov. Andrew Cuomo is warning that the state might not be able to add more money for schools this year because of uncertainties in Washington over federal funding.
The campaign in Oregon drew a lot of national attention over accusations that federal taxpayer money was being used to fund anti-legalization events.
That money is part of the federal disaster relief funding that was approved three months after Sandy struck last October, and is now being allocated -LSB-...]
After issuing the interim orders, the court also issued 14 days to Sterling Bank and any other interested party to appear and prove the legitimacy of the monies, failing which the funds would be permanently forfeited to the Federal Government.
Thanks to a new state law, East Hampton taxpayers will have the right to force a vote on whether the town should accept money for East Hampton Airport from the Federal Aviation Administration, which imposes rules on how airports function as a condition of providing funding.
On topic questions included funding for items in the City's SIRR report and whether there is an alternative source for such items, whether the mayor is satisfied with the pace of City spending of federal money for Sandy relief, whether the mayor is confident of reaching his 500 construction starts and 500 reimbursement checks by Labor Day, Comptroller Scott Stringer's report on a lack of oversight on spending by the Department of Homeless Services, whether the City has the «right formula» for Build It Back, the total number of homes damaged by Sandy and when all will reached through Build It Back, how many of the 132 construction starts to date are repairs and how many are rebuilds and whether the mayor has closely examined the City's emergency management system in the context of preparing for a future coastal storm.
A new 527 - type group — the number refers to a section of the federal tax code — would be able to raise money from business organizations and pour the funding into «issues ads» that would attack specific candidates as anti-business, without the funding being counted as a contribution to the opposing candidate.
Gov. Andrew Cuomo is investing $ 750 million of taxpayer funds and the hopes of a community desperate for an economic recovery in a company that is losing money, weathering two federal investigations and facing, by its own admission, an uncertain economic future.
(The federal money also comes in the form of a matching funds).
Bruno announced in a press release sent out by his longtime spokesman John McArdle that he would close out the remainder of his campaign account as well as a legal defense fund formed to help him fight federal corruption charges, with most of the money going to help the GOP maintain control of the chamber.
«We have lost a tremendous source of funding that used to go to municipalities with the state as a pass - through by not having sufficient money out of the federal government,» Hochul said.
But Megna says half of that money is federal relief funds for Sandy repairs, and is a one time expense.
Alleged Corruption: How Dariye Diverted N204m to Own Company - Witness The Economic and Financial Crimes Commission, EFCC, has presented more evidence against a former governor of Plateau State, Joshua Dariye, who is being prosecuted on a 23 - count charge bordering on money laundering and diversion of funds, before Justice Adebukola Banjoko, of the Federal Capital Territory, -LSB-...]
With federal funding for community projects dwindling again this year, the Southold Town Board is setting aside most of the money it receives for renovations at the Fishers Island Theater, according to town documents.
«The loss of money to taxpayers in New York state through federal actions, will absolutely have enormous ramifications,» said Krueger, who predicted it will result in a loss of «billions and billions» of revenue for the state to fund key programs.
He is on trial in federal court accused of illegally siphoning money from his biopharmaceuticals firm Retrophin to pay off investors of his failing hedge fund.
Queens Councilwoman Julissa Ferreras - Copeland, whose committee shapes the city's annual budget, estimated that the Trump administration could endanger more than 10 percent of the funding the city receives directly from Washington — plus additional federal monies that get channeled through the state.
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