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Governors

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Byline: The New Mexican Days remaining in session: 14 Unemployment fund: The Senate on Wednesday unanimously approved legislation meant to keep New Mexico's unemployment fund solvent. Estimates predict the fund could run out...
Business Journal
Whatever one thinks of Gov. Susana Martinez's Cabinet appointees, the fact is that she deserves -- just as President Barack Obama does -- an up or down vote on any of her choices...
Business Journal
By Shappell, Brian | Publication: Business Credit | Filed In: Insolvency & Bankruptcy Courts and Law Courts & Tribunals
[ILLUSTRATION OMITTED] The biggest wave of business bankruptcies may be over (key words here are "may be," pending the economy's trajectory), but that's not to say the courts will be devoid of with...
Business Journal
Publication: Caribbean Update | Filed In: Referendums and Campaigns & Elections
Puerto Rico's governor approved a two-part referendum to help decide the island's political status, but supporters of remaining a U.S. commonwealth criticized the decision to hold both votes on the same day as...
Business Journal
Publication: Caribbean Update | Filed In: Talks & Meetings and Trends & Events
The government of Suriname and the Inter-American Development Bank (IDB) on Jan. 16 agreed upon a new strategy to lend a record amount of around US$300 million in the period 2011-2015. The Bank...
Business Journal
2011 was the year of people power; whether it was the Arab Spring, Occupy Wall Street, recall elections or MF Global customers fighting against the big banks, people demanded to be heard and...
Business Journal
By Safian, Robert | Publication: Fast Company | Filed In: Community Colleges and Colleges & Universities
HEADNOTE The future of business is pure chaos. Here's how you can survive- and perhaps even thrive. DJ Patii pulls a 2-foot-long metal bar from his backpack. The contraption, which he calls a...
Business Journal
By Kawa, Mark HJordan, Paul | Publication: Chicago Fed Letter | Filed In: Treasury Departments and Public Finance Agencies & Treasuries
HEADNOTE The seventh annual Community Bankers Symposium, co-sponsored by the Federal Reserve Bank of Chicago, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), was held...
Business Journal
Byline: Trip Jennings Deming Democratic Sen. John Arthur Smith often compares New Mexico's gross-receipts tax to Swiss cheese. He is referring to all the tax breaks -- exemptions, deductions and credits -- that...
Business Journal
Byline: Steve Terrell A bill that would give the governor and local governments more power to restrict fireworks during times of high fire risk won praise from several fire chiefs and mayors from...
Business Journal
Byline: Steve Terrell Noe "Lil Loco" Torres, a fugitive suspect in a fatal 1995 drive-by shooting of a 10-year-old boy in Clovis, thought he might get help from Gov. Susana Martinez. He thought...
Business Journal
It's bad news for consumers that Douglas Howe, just-appointed Public Regulation Commission member for District 3, won't run for election to the seat. After first announcing that he would seek the office, Howe...
Business Journal
Byline: Trip Jennings Gov. Susana Martinez on Monday withdrew four State Fair Commission appointees from consideration by a legislative committee that is also looking into a controversial 25-year lease recently awarded at the...
Business Journal
By Callegari, John | Publication: Long Island Business News | Filed In: Stadiums & Arenas and SPORTS & RECREATION FACILITIES & VENUES
Jeff Warsaw and Jared Rada enjoy punches to the face. Not so much their own faces, but watching others take shots in the kisser. The friends and colleagues are big mixed martial arts...
Business Journal
Mexico has long known that climate change would have a negative impact on the country's agricultural production and, in particular, on subsistence producers. The problem took center stage when reports started filtering from...
Business Journal
By Spinola, Steven | Publication: Real Estate Weekly | Filed In: Governors and Heads of State & Government
Governor Andrew M. Cuomo recently travelled his 2012-13 Executive Budget and Reform Plan. The Governor's $132.5 billion budget and reform plan builds on the spending reform initiatives adopted last year. The budget increases...
Business Journal
By Callegari, John | Publication: Long Island Business News | Filed In: Regional & Local Governments and Government Bodies & Offices
To address his promise of relieving costly mandates on local municipalities, Gov. Andrew Cuomo has assembled a Mandate Relief Council, which will hold its first meeting tomorrow. Made up mostly of the governor's...
Business Journal
By Anonymous | Publication: NJBIZ | Filed In: Mergers & Acquisitions and Ownership Changes
Waiting in the wings Keep an eye on Adricnnc Kirby, the new chief operating officer at Cooper University Hospital. Word has it that Kirby is the top candidate to replace John Sheridan whenever...
Business Journal
By Kitchenman, Andrew | Publication: NJBIZ | Filed In: Governors and Heads of State & Government
HEADNOTE Lesn ia k comfortable as he guides effort to improve business climate WHEN RAYMOND J. Lesniak speaks during legislative hearings, people tend to listen. The Democratic state senator from Elizabeth - first...
Business Journal
By Kitchenman, Andrew | Publication: NJBIZ | Filed In: Income Tax and Tax Law
HEADNOTE Industry leaders say Christie's promise would help build on N.J.'s pro-business momentum Chris Christie had barely finished promising a 10 percent cut to the state income tax when Garden State business leaders...
Business Journal

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Business Glossary

Definitions for: board of governors
board of governors

seven-member board, appointed by the President of the United States and confirmed by the Senate, governing the Federal Reserve System. Federal Reserve governors, who serve for 14-year terms, set reserve requirements for depository financial institutions; approve the discount rate for short-term Reserve Bank loans to financial institutions, as proposed by each of the 12 Federal Reserve Banks; regulate state chartered member banksand bank holding companies; and cast a majority of the votes on the influential Federal Open Market Committee (FOMC), through which the Federal Reserve directsmonetary policy. The chairman of the Board of Governors, serving a four-year term, is the senior policy maker in the Federal Reserve System, and represents the Federal Reserve before Congress and federal agencies.

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