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Federal Government
Former CBO Researcher To Be Nominated For Seat On Board of Governors of the Federal Reserve System PDF Print E-mail
Federal Government
By Administrator   
Tuesday, 21 July 2015 05:44

RALEIGH, (SGRToday.com) - President Barack Obama has announced his intent to nominate Dr. Kathryn M. Dominguez to serve on the Board of Governors of the Federal Reserve System:

“Dr. Dominguez has the proven experience, judgment, and deep knowledge of the financial system, monetary policy, and international capital markets to serve at the Federal Reserve during this important time for our economy," the president said in a statement.

Her biography:

Dr. Kathryn M. Dominguez is a Professor of Public Policy and Economics in the Gerald R. Ford School of Public Policy and the Department of Economics at the University of Michigan, positions she has held since 2006.  Dr. Dominguez has held various academic positions at the University of Michigan since 1997.  

Since 2000, she has also served as a Research Associate of the National Bureau of Economic Research.  During this time, Dr. Dominguez also served as a Visiting Professor of Public Policy at the Goldman School of Public Policy at the University of California, Berkeley from 2008 to 2009 and as an Academic Visitor at The London School of Economics and Political Science from 2003 to 2004.  

From 1987 to 1997, Dr. Dominguez was on the faculty of the John F. Kennedy School of Government at Harvard University, and she served as a Visiting Assistant Professor in the Department of Economics at Princeton University from 1990 to 1991.  

Dr. Dominguez was a Dissertation Scholar in the International Finance Division for the Board of Governors of the Federal Reserve System from 1985 to 1986.  In 1984, she was a member of the research staff of the Congressional Budget Office’s Fiscal Analysis Division.  

Dr. Dominguez served on the Academic Advisory Panels for the Federal Reserve Bank of Chicago in 2013 and the Federal Reserve Bank of Cleveland in 2007, and was a Visiting Scholar at the Federal Reserve Board of Governors in December 2002.  She was a research consultant for the World Bank, the International Monetary Fund, and the Bank for International Settlements. 

Dr. Dominguez received an A.B. from Vassar College and a Ph.D. in Economics from Yale University.

7th District Rep. David Rouzer Introduces Welfare Reform Bill PDF Print E-mail
Federal Government
By Administrator   
Thursday, 16 July 2015 05:05

RALEIGH, (SGRToday.com) - North Carolina Congressman David Rouzer has introduced the Drug Testing for Welfare Recipients Act, which would require recipients to pass a drug test in order to be eligible for federal assistance.

The bill is H.R. 3047.

“Most employers in this country require workers to pass drug tests as a prerequisite for employment," said Rouzer in a statement. "The government should expect the same of people who receive food stamps and other federal benefits.  Additionally, taxpayers deserve to know that their money isn’t subsiding a drug addiction, which only leads to a tragic life of dependency."

Video of the congressman discussing his bill is available at https://www.youtube.com/watch?v=UBXqSnvnNfg&feature=youtu.be

Readouts Of President Obama's Calls To World Leaders About Iranian Deal PDF Print E-mail
Federal Government
By Administrator   
Wednesday, 15 July 2015 06:05

RALEIGH, (SGRToday.com) - Following announcement of a deal with Iran over its nuclear facilities, the White House released readouts of President Obama's calls to world leaders.

Readouts are available at whitehouse.gov. Click on the Briefing Room for Statements and Readouts.

Calls include King Salman bin Abdulaziz of Saudi Arabia, Crown Prince Mohammed Al Nahyan of the United Arab Emirates, and Prime Minister Benjamini Netanyahu of Israel.

League of Municipalities Urges Support Of Online Sales Tax Collection Legislation PDF Print E-mail
Federal Government
By Administrator   
Tuesday, 14 July 2015 05:33

RALEIGH, (SGRToday.com) - The association that lobbies for local governments is urging its members to advocate for federal legislation that would give states the power to collect sales taxes from entities that do business in the state but don't have a physical presence.

In an "Action Alert" published as part of its recent League Bulletin, the League of Municipalities writes in part:


"U.S. Rep. Renee Ellmers of North Carolina has joined Rep. Jason Chaffetz (R-UT) to co-sponsor a bill to modernize our nation’s outdated sales tax collection process. The League of Municipalities has sent a letter to Representative Ellmers thanking her for her co-sponsorship of the bill. The League also has sent letters to the other members of North Carolina’s congressional delegation asking them to cosponsor this bill. We need you to do the same.

The Remote Transactions Parity Act (H.R. 2775) would close the online sales tax loophole and level the playing field for the businesses that help build your community, employ local residents and pay local property taxes. As many of you are aware, this federal legislation is not about a new tax or about damaging Internet sales. It is simply about creating a federal mechanism so that states can enforce existing law. This Act will provide local governments with the resources needed to invest in communities, build infrastructure, provide important services like emergency response, and to build on the services that enhance residents’ quality of life and help attract economic development.

Each year, more than $200 million in sales taxes from online purchases goes uncollected in North Carolina. For local governments in the state, the loss amounts to roughly $65 million. Congress can give state and local governments the power to require sellers who do not have a physical presence in their jurisdiction to charge and collect sales taxes."

Last Updated on Tuesday, 14 July 2015 05:34

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