On December 20, 2011 the Federal Reserve Board (FRB) issued a Notice of Proposed Rulemaking to implement the heightened supervisory standards and early remediation requirements that are intended to play a crucial role in achieving the aims of the Dodd-Frank Act. 

Does a pension plan that takes more investment risk become better funded? Both the current accounting standards and the proposed revisions answer yes, while economic theory and real-world financial markets say no. Until and unless this central question is answered correctly, both the size of pension liabilities and the steps that could address them will be misunderstood.

The Group of Twenty (G-20) asked the Financial Stability Board (FSB) to devise a process for identifying Globally Systemic International Banks (G-SIB).  In July the FSB released a consultative document setting forth the methodology for identifying G-SIBs and in November produced its first list using this methodology.

There may be some efforts to slow down IPAB implementation by refusing to feed it with funding. So the likelihood is that this may die a slow, quiet death over several years, as opposed to the great horrors that people are imagining.

The following report presents the results of research on school boards and their members so as to provide parents, voters, policymakers, advocates, and educators with an informative look at the individuals and bodies charged with governing America's schools.

The Federal Reserve's proposed mortgage disclosures correctly focus on presenting key information to borrowers, but the information presented should be more oriented around whether the borrower can afford the loan in question.

Under current law, the U.S. Department of Defense automatically faces significant spending cuts over the next 10 years—cuts that america's civilian and military leaders have cadidly described as "devastating" and "very high risk."

The newly constituted National Labor Relations Board may change several important labor-law rules through litigation, but whether it will be able to impose key provisions of the Employee Free Choice Act remains to be seen.