About the eligibility requirements of the current child nutrition assistance cadre of programs as they exist today . I think the important thing when youre talking about reducing errors and improper payment which is i think we all agree is a very important endeavor is to create a culture where a culture of compliance with the rules. We want the rules to be followed. I dont think the rules themselves are the problem i think its helping people understand them and there are lots of different people involved in the system. Its families when theyre filling out applications, its schools when theyre running programs, its states when theyre administering them. So i think that kind of day in and day out work is whats most important to reduce errors and reduce improper payments in the program. I would second that and also add its important to as a former president once famously stated, its important to not only trust but verify. I would add to that and say its important to trust and verify in a
Has put in place knew rules for prime institutional funds that get rid of the fixed dollar value. They will have net asset values that will reduce run risk. That aside to allow firms to impose fees something that could create Financial Stability risk that we need to watch. The so called Triparty Repo market which is a major source of shortterm wholesale funding, that contained great risks. We have taken steps important steps to mitigate. Central counterparties a thrust of reform has been to try to move as many derivative contracts as possible into central counterparties to have them. By central counterparties something that serves to reduce risk and complexity and enhance Financial Stability but when these entities themselves become systemic and clearly need supervision something that you have mentioned in imf work is that we have a major growth of open ended mutual funds where you have funds that are investing in highly illiquid assets. The industries are promised immediate liquidity.
In kentucky, 15 mail bombs and 1 very toxic, fearful and bleak political environment now just eight days before the midterm elections. Amidthe tragedy, theres signs of hope and healing, but there are also signs of more by the. Er ness and more anger. Some of the most inspiring messages have come from those moment impacted by this weekends horrific events in pittsburgh. Spouting conspiracy theories about immigrant invade ersz killed 11 con degree gants at a synagogue. An unspeakable tragedy, this was the message from community leaders. My texts, my emails, my Facebook Overflow with love from strangers, people i have never met, people who are not from the United States, but from all around the world. Jewish, christian, muslim, all with the same message. We are here for you. My cup overflows with love. Thats how you defeat hate. We saw people coming together last night standing in the rain, hugging each other, crying together, being together. Bigotry will not win. Hatred will not win. We