Page 5 - Afsoc News Today

The Defence Science and Technology Laboratory (Dstl) have awarded a £9.5 million contract to In-Space Missions Ltd for the build of the Titania satellite, which will undertake vital researc

The mother of all fly-ins, EAAs annual AirVenture airshow-convention is slated to go forward at Oshkosh, Wisconsin starting July 26th. Running at full capacity, it heralds a return to in-person aviation events.

  Share Source: AP Photo/Carolyn Kaster, File Democrats found another opportunity to tackle their pet project of climate change. On Wednesday, Sec. of Treasury Janet Yellen made her inaugural remarks as head of the Financial Stability Oversight Council.  Treasury Secretary Janet Yellen on Wednesday called climate change “an existential threat” and the biggest emerging risk to the health of the U.S. financial system, pledging to marshal regulatory forces to guard against its harmful effec...

By   Paul McLeary on February 17, 2021 at 2:07 PM A Beechcraft AT-6 Wolverine conducts austere runway operations in 2020 WASHINGTON: Despite skepticism in Congress, Air Force Special Operations Command will launch a series of demonstration flights of it’s much-anticipated Armed Overwatch aircraft this year, hoping lawmakers see the value in a light, deadly airplane aimed at counterterrorism missions.  Several different aircraft will go through testing with an eye toward buying one of them...

Banks weren't involved in the trading frenzy, but some observers say the regulatory response should address risks to all financial institutions.

The Financial Stability Oversight Council could determine that a broad range of mortgage companies should be subject to “heightened prudential standards,” said Andrew Olmem, a partner at Mayer Brown and a former senior economic adviser to the White House.

Businesses. and in my role at fsoc and working with the different regulators, i would make sure that we did what we could to have proper regulation but eliminate overlap as well as make sure that the banks are lending to small and medium-sized businesses and we dont end up with a world where we only have four big banks in this country. >> thank you. you actually led right into my next question, because in a very closely-related matter, as you know, as the secretary of treasury, youll have a very...

Statutory language, advise congress and make recommendation in such areas that will enhance the integrity, efficiency, competitiveness and stability of u.s. financial markets. today, frankly, im not aware of fsoc fulfilling that role. we dont get a lot of advice from fsoc. we get a lot of directive in the country. will you pledge as the chairperson of fsoc that you will ensure that the council considers ways to make the u.s. financial markets more efficient and then advise and work with congress...

Deliberate act. the securities and exchange commission said it held a conference call with stock market officials soon after the nasdaq outage began and continued as nasdaq tried to work out the problem. an fbi spokesperson for the new york field office tells fbn they are aware of the issue and the nasdaq but have no further comment. treasury secretary jack lue is the chair of the financial stability oversight counsel, the dodd frank regulatory overhaul created the fsoc. lou is in -- lew is in s...