wricaplogo

Overview: Mon, May 20

Daily Agenda

Time Indicator/Event Comment
08:45Bostic (FOMC voter)Gives welcoming remarks at Atlanta Fed conference
09:00Barr (FOMC voter)Speaks at financial markets conference
11:3013- and 26-wk bill auction$70 billion apiece
19:00Bostic (FOMC voter)Moderates discussion at financial markets conference

US Economy

Federal Reserve and the Overnight Market

Treasury Finance

This Week's MMO

  • MMO for May 13, 2024


    Abridged Edition.
      Due to technical production issues, this weekend's issue of our newsletter is limited to our regular Treasury and economic indicator calendars.  We will return to our regular format next week.

End of Humphrey-Hawkins Reporting Requirement

Alan Greenspan

Tue, February 02, 1999

Let me take a minute to explain this issue of the Humphrey-Hawkins reauthorization. Unbeknownst to 104 percent of the world, [laughter] a piece of legislation went through the Congress a few years ago which effectively sunset virtually every report required to be issued by various governmental agencies. One reason it happened that way was because the legislation said that all reports listed in some obscure source would be "included under this Act," and that list included absolutely everything. Nobody here caught it except Don Winn, who does that sort of thing for a living. It came as a great puzzlement to everybody. So it turns out that under law the reporting requirements in the Humphrey-Hawkins Act--not the Act itself but the reporting aspect of it, I gather, Don--will expire at year-end.

 

MMO Analysis