Supporting Data

Pre-Dissemination Review

NOAA Pre-dissemination Review ICR
NOAA Pre-dissemination review #2
NOAA Pre-dissemination review #3

A Library of Agency Pre-dissemination Review Programs


Revived focus on regulation after JPMorgan loss

By MARCY GORDON, AP Business Writer

WASHINGTON (AP) — Federal regulators and lawmakers are renewing the focus on financial regulation in the wake of a multibillion-dollar trading loss at JPMorgan Chase & Co.

News of the surprise loss at JPMorgan, the biggest U.S. bank by assets, has revived calls by Obama administration officials and Democratic lawmakers for tougher oversight of Wall Street banks. But Republicans insist that the 2010 financial overhaul law won’t prevent another crisis and will drive business overseas. Regulators are still drafting rules for much of the law, and they have been lobbied by big banks to water down key areas.

Z-Gate and the Sanctity of the Grand Jury

RealClear  Politics

 By Geoff Shepard

Jeff Himmelman’s revelation in his April 29th New York Magazine article ( — that Carl Bernstein really had interviewed a Watergate grand juror — is breath-taking in its implications. It’s not just that Woodward and Bernstein have lied about this for 40 years, it’s that interference with a grand jury threatens the integrity of our judicial system.

Himmelman was researching Ben Bradlee’s papers for his authorized biography of the flamboyant Washington Post editor (“Yours in Truth, a Personal Portrait of Ben Bradlee”), when he found seven pages of interview notes with what was clearly a Watergate grand juror. This is the source that Woodward and Bernstein had falsely described as “Z”, supposedly a secretary at Nixon’s re-election committee, in “All the President’s Men.”

How and why JPMorgan’s surprise $2 billion loss might change overhaul of financial regulations

By Associated Press

WASHINGTON — The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congress passed an overhaul of financial rules, many of those changes have yet to be finalized.

JPMorgan’s misstep gives advocates of stronger regulation an opening to argue that regulators should toughen their approach.

The Obama administration has argued that it went as hard on banks as possible without further upsetting global finance. Now Democratic lawmakers and administration officials say JPMorgan case proves that more change is needed.

Swipe Fee Caps Are Here — So Where Are the Savings?

From:  Time

By Martha C. White

One of the most contentious parts of the Dodd-Frank financial reform legislation enacted in the wake of the credit crisis was the Durbin Amendment. You may not know it by name, but you know its primary effect: higher bank fees. It’s also the reason behind those infamous debit card fees banks were threatening to implement last year. Trade groups that pushed for the fee cap said the trade-off would be worth it, because customers would see lower prices in stores. So how’s that working out?

Not so great.