MIDLOTHIAN, Va. -- Survivors of the Aug 23 earthquake from the City of Fredericksburg, and the counties of Culpeper, Fluvanna, Goochland, Orange, Spotsylvania and Louisa are eligible for Individual Assistance (IA). How can people in these locations find the information they need? One way is through social media. **** Emergency Management and the Use of Social Media:
WASHINGTON—Reps. Janelle Bynum (D-OR) and Young Kim (R-CA) introduced bipartisan legislation Thursday that would significantly broaden the investments available to federal credit unions, including giving them new authority to invest in corporate debt and asset-backed securities. Young Kim The Credit Union Investment Authority Act would amend the Federal Credit Union Act to expand federal credit unions’ investment authority. Under the bill, federal credit unions could invest in marketable debt obligations issued by companies and other organizations that are not limited to serving credit unions. The legislation would cap a credit union’s investment in the obligations of any single issuer at 10% of its paid-in unimpaired capital and surplus. The measure would also expressly authorize investments in asset-backed securities as defined under the Securities Exchange Act of 1934. Kathleen Coulombe The bill would require the NCUA board to issue implementing regulations within one year of enactm...
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