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Government Policy and Law

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Bernanke downplays inflation fears

Federal Reserve Chairman Ben Bernanke on Monday played down the fears of some more hawkish central bankers and investors that the Fed’s aggressive bond-buying program will lead to higher inflation, MarketWatch reported.

 

“I don’t believe …

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Farm Bureau to push for property tax reform, gas tax

The Iowa Farm Bureau Federation released its 2013 legislative priorities today.

The Farm Bureau said it will push for a reduction to property taxes to all classes of property and will support increasing the gas …

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Report: Government payrolls down 5 percent

A new report says that that Iowa’s state government payroll is down by 5 percent since Gov. Terry Branstad took office.

The Legislative Services Agency analysis notes that  more than 900 employees left during Branstad’s …

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Developer Kline admits to bank fraud in court

Greater Des Moines developer John C. Kline today pleaded guilty to two counts of bank fraud in federal court, rather than face a trial later this month and the possibility that his former partner, Randal …

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Kline apparently set to change plea in bank and wire fraud case

A change of plea hearing has been scheduled in the federal bank and wire fraud case against developer John Kline.

Chief Judge James Gritzner of the U.S. District Court for the Southern District of Iowa …

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March is deadline to switch to paperless Social Security

Millions of Americans still receiving paper checks for Social Security and other federal benefits have less than two months to switch to electronic payments,CNNMoney.com reported.

Federal officials began retiring paper checks in favor of direct deposits …

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Investors object to proposed settlement in DeWaay case

Investors with former Clive-based broker dealer DeWaay Financial Network say other attorneys did not dig deep enough when they filed two class-action lawuits seeking to recoup investments that went sour.

Court documents filed last week …

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What does ‘fiscal cliff’ vote mean for you?

What does the latest “fiscal cliff” legislation do for businesses, workers and individual taxpayers? According to Bloomberg, it averts an automatic tax increase for most workers, extends unemployment benefits and delays automatic spending cuts for two months.…
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How Iowa’s delegation voted on the fiscal cliff

Iowa’s congressional delegation voted along party lines on legislation to avoid the so-called fiscal cliff, with Republican representatives Tom Latham and Steve King voting against the legislation.

In a press release, Latham said he couldn’t …

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Iowa bankruptcy filings dropped in 2012

Bankruptcy filings by Iowa businesses dropped last year for the first time since the financial crisis hit in 2008, according to the final tally for the two U.S. bankruptcy courts for Iowa.

According to court …