Money and Computing

Ferida Wolff writes: Now, traveling by local farms reminds me that Autumn is here. The cornstalks, so plentiful during growing season, are turning brown and wilting. Farmers are cutting them down, leaving the fields covered with the remains of summer’s corn crop. It’s nature’s reminder that all things flourish for a time and then release their energy. What we need now is a new way to look at our environment. Perhaps by changing our interference with nature we can modify the strength and number of storms in the future. The National Oceanic and Atmospheric Administration, a part of the U.S. Department of Commerce posted a recent article: US Hit By 18-Billion Dollar Disasters So Far This Year     more »

"I want to highlight two of the proposals that the Federal Reserve Board (the Board) sought feedback on in the September 2020 Advance Notice of Proposed Rulemaking to strengthen CRA regulations. Recognizing that many places in Indian Country have few bank branches and are located outside of branch-based assessment areas, the Board proposed that a bank in any part of the country could receive credit for eligible CRA activities in Indian Country, even when there is not a branch nearby. Banks need to be confident about receiving CRA credit to seek out activities and investments in these areas." "Here in Oklahoma, when looking at how the economic activity of tribes compares with different industries in the state, tribes would rank 9th in output, at over $7 billion, and 11th in job creation — greater than either the construction or utilities industries." October 13, 2021 Financial Inclusion and Economic Challenges in the Shadow of the Pandemic: A Conversation with Tribal Leaders Governor Lael Brainard At Fed Listens: Roundtable with Oklahoma Tribal Leaders, Oklahoma City… more »

One US child loses a parent or caregiver for every four COVID-19 deaths, a new modeling study published in Pediatrics reveals. The findings illustrate orphanhood as a hidden and ongoing secondary tragedy caused by the COVID-19 pandemic and emphasizes that identifying and caring for these children throughout their development is a necessary and urgent part of the pandemic response – both for as long as the pandemic continues, as well as in the post-pandemic era ... In the closing words of the paper, “Effective action to reduce health disparities and protect children from direct and secondary harms from COVID-19 is a public health and moral imperative.” more »

Deputy Attorney General Lisa O. Monaco: "...the original passage of the Violence Against Women Act (VAWA) in 1994, as you have noted Mr. Chairman, had a major impact on my own life. At the time I was a young staff member on this Committee, working for then-Chairman Biden, and one of my responsibilities included responding to letters from people who wrote to the Committee. Time and again, I read firsthand accounts not only about the violence that too many people — mostly women — suffered at the hands of their intimate partners, but also about the lack of accountability for these crimes. Statistics the Committee reported during that period painted a very grim picture: 98% of rape victims never saw their attacker caught, tried and imprisoned — meaning almost all perpetrators of rape walked free. Fewer than half of people arrested for rape were convicted, and almost half of convicted rapists could expect to serve a year or less in jail." more »