WASHINGTON, April 13 -- The Congressional Research Service issued the following report (No. 95-1013) on April 11, 2025, entitled "Bahrain: Issues for U.S. Policy" by Middle Eastern affairs specialist Jeremy M. Sharp. Here are excerpts: * * * Summary The Kingdom of Bahrain is an island nation connected by a causeway to Saudi Arabia (15.5 miles away) and once claimed by Iran (124 miles away). Though small geographically and wedged between these two larger regional powers, Bahrain has outsized   more

WASHINGTON, April 13 -- The Congressional Research Service issued the following report (No. R46360) on April 10, 2025, entitled "The Credit Union System: Lending Activities and Selected Regulatory Developments" by financial economics specialist Darryl E. Getter: * * * SUMMARY Credit unions make loans to their members, other credit unions, and corporate credit unions that provide financial services to individual credit unions. Historically, credit unions have faced statutory restrictions on th  more

WASHINGTON, April 13 -- The Congressional Research Service issued the following report (No. R46360) on April 10, 2025, entitled "The Credit Union System - Lending Activities and Selected Regulatory Developments:" (Continued from part 1 of 2) * * * Prudential Risk Management Developments Prudential safety and soundness regulation, which includes interest rate management and holding sufficient capital reserves, may reduce the financial institutions' insolvency (failure) risk and promote publi  more

WASHINGTON, April 13 -- Sen. Ben Ray Lujan, D-New Mexico, issued the following news release: * * * As Trump Pushes Toward Recession, Heinrich & Lujan Demand Answers on Cuts to New Mexico Manufacturing Center WASHINGTON -- U.S. Senator Martin Heinrich and Ben Ray Lujan (D-N.M.) are demanding answers on the Administration's decision to cancel funding for ten National Institute of Standards and Technology Hollings Manufacturing Extension Partnership (MEP) Centers across the country, including in  more

WASHINGTON, April 13 -- The Congressional Research Service issued the following fact sheet (No. R46293) on April 11, 2025, by reference librarian Audrey Celeste Crane-Hirsch. Here are excerpts: * * * Earth Day: Fact Sheet Introduction Earth Day is an annual event to raise awareness about environmental issues. First held on April 22, 1970, it is celebrated each year on April 22. This fact sheet assists congressional offices with work related to Earth Day. It contains historical information,  more

WASHINGTON, April 14 (TNSFR) -- The Federal Reserve System is reviewing a notice submitted under the Change in Bank Control Act regarding an effort by members of the Oppenheim family and associated entities to retain control of The Bessemer Group, Incorporated, a prominent bank holding company based in Woodbridge, New Jersey. The application also concerns Bessemer Trust Company, N.A., located in New York, New York, and its affiliated trust company. The individuals involved in the notice include  more

WASHINGTON, April 14 -- The Federal Trade Commission has released the following public communication dated March 26, 2025, from Ralph Lauren Corp. New York: * * * To: U.S. Federal Trade Commission Office of the Secretary 600 Pennsylvania Avenue NW Suite CC-5610 (Annex J) Washington, DC 20580 RE : Petition for Rulemaking of American Apparel and Footwear Association (FTC-2025-0024) * * * We are writing to express Ralph Lauren's support for the petition (FTC-2025-0024) submitted by the Amer  more

ALBANY, New York, April 13 -- Gov. Kathy Hochul, D-New York, issued the following news release: * * * Governor Hochul Directs Flags to Half-Staff to Honor Former Representative John LaFalce Governor Kathy Hochul today announced flags on state buildings will be flown at half-staff from sunrise to sunset on Monday, April 14, in honor of former New York State representative, John LaFalce. "John LaFalce had a profound influence on my early career, recruiting me from a large DC firm to serve as   more

WASHINGTON, April 12 (Sen.) -- Senate Majority Leader Charles E. Schumer, D-New York, issued the following news release: * * * SCHUMER STATEMENT ON THE PASSING OF CONGRESSMAN JOHN LAFALCE New York, N.Y. - U.S. Senator Charles E. Schumer released the following statement on the passing of Congressman John LaFalce : "Congressman LaFalce was as Buffalo as they come. He had one of the biggest brains and the biggest heart. John was a legislative giant and a dear friend going back to our time serv  more