Money
National Museum of American History: Even Though the Room Is Full, They Are “The Only One in the Room”
The Smithsonian’s National Museum of American History will feature eight such women in its new display, “The Only One in the Room,” which opened on Nov. 20. This “New Perspectives” case will be on view in the museum’s business history exhibition, “National Museum of American History: Even Though the Room Is Full, They Are “The Only One in the Room”” through November 2021. Spanning three centuries of American history, the display will explore the stories of women who made a mark in their respective industries, including banking, beauty, advertising and manufacturing, and examine the obstacles they faced and the context of the times in which they lived. more »
What GAO Found: Gender Pay Differences, The Pay Gap for Federal Workers Has Continued to Narrow, but Better Quality Data on Promotions Are Needed
As the nation's largest employer, the federal government employed about 2.7 million workers in 2019. Although the pay gap between men and women in the federal workforce is smaller than it is for the entire US workforce and has narrowed over time, studies show that pay disparities continue to exist. GAO was asked to explore the current status of pay equity in the federal workforce. This report examines how the pay gap between men and women in the federal workforce has changed since 1999, and what factors account for any remaining gap; and the extent to which OPM and EEOC have monitored and taken steps to address the pay gap in the federal workforce, including assessing potential disparities in promotions; among other objectives. more »
Black Friday, Holiday Shopping and Beyond: Protect Your Identity Even Through the Means of Thwarting Dumpster Divers!
From Cybersecurity and Infrastructure Security Agency (CISA: Black Friday is one of the most lucrative shopping days of the year for retailers in brick-and-mortar shops and online, but shoppers aren't the only ones looking for deals. Malicious people may be able to obtain personal information (such as credit card numbers, phone numbers, account numbers, and addresses) by stealing your wallet, overhearing a phone conversation, rummaging through your trash (a practice known as dumpster diving), or picking up a receipt at a restaurant that has your account number on it. If a thief has enough information, he or she may be able to impersonate you to purchase items, open new accounts, or apply for loans. more »
Fed Reserve Governor Michelle W. Bowman: The Changing Structure of Mortgage Markets and Financial Stability
"I will begin today by describing the evolving role of mortgage companies in mortgage markets and the risks to financial stability that activity entails. I will then focus on developments in mortgage markets during the COVID-19 pandemic and discuss how actions by the Federal Reserve and the other parts of the government helped stabilize financial markets and prevent more severe damage to the economy. Finally, I will explain how vulnerabilities associated with mortgage companies could pose risks in the future, and I will review ongoing work across the regulatory agencies to monitor and address these vulnerabilities. I will end by enlisting your help. Figuring out how to achieve a balanced mortgage system — one that delivers the best outcomes for consumers while being sufficiently resilient — is a highly complex task that could benefit from the insights of those of you here today." more »