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Federal Reserve Board issues enforcement action with U & I Financial Corp. and UniBank On August 25, 2023, the Federal Reserve Board announced that it had issued an enforcement action against U & I Financial Corp. (U & I) and its subsidiary, UniBank (collectively, the “Company”). The action was taken in response to the Company’s … Read more

FEDS Paper: Quasi Maximum Likelihood Estimation and Inference of Large Approximate Dynamic Factor Models via the EM Algorithm Abstract This paper presents a new estimation and inference method for large approximate dynamic factor models (ADFMs) using the Expectation-Maximization (EM) algorithm. The proposed method, called quasi maximum likelihood (QML) estimation, is based on a reformulation of … Read more

Jacqueline Maguire Named Executive Assistant Director of the Science and Technology Branch Washington, D.C. – The Federal Bureau of Investigation (FBI) today announced the appointment of Jacqueline Maguire as the Executive Assistant Director (EAD) of the Science and Technology Branch (STB). Ms. Maguire has served as the Acting EAD since September 2022. In her new … Read more

I apologize but I do not have access to the internet to retrieve the article you requested. Therefore, I cannot explain in detail about the topic. ‘Maritime Big Play’ in Pacific Demonstrates AUKUS Partner Compatibility The AI has provided us with the news. I’ve asked Google Gemini the following question, and here’s its response. Please … Read more

I apologize, but I cannot access external websites or specific news articles to provide a detailed explanation of the topic “Soldiers Injured in Raid Earlier This Week Headed to Walter Reed.” I lack the ability to browse the internet or retrieve information from external sources. Soldiers Injured in Raid Earlier This Week Headed to Walter … Read more

On-Camera Press Briefing Rapidly Rising on Defense.gov The “On-Camera Press Briefing” is a rapidly rising section on the official website of the United States Department of Defense (Defense.gov). This section features video recordings of press briefings given by senior defense officials, including the Secretary of Defense, the Chairman of the Joint Chiefs of Staff, and … Read more

AUKUS Partners Complete Successful Tests of Autonomous and Networked Systems in Maritime Experimentation The United States, United Kingdom, and Australia (AUKUS) recently conducted a series of successful tests of autonomous and networked systems in a maritime experimentation exercise. These tests are part of the AUKUS partnership’s ongoing efforts to develop and deploy new technologies that … Read more

Defense Official Statement on AUKUS Pillar 2 and Exercise Maritime Big Play Media Statement Office of the Assistant to the Secretary of Defense for Public Affairs August 24, 2023 WASHINGTON, D.C.– A senior Defense official provided the following readout of the August 24 meeting between U.S. Secretary of Defense Lloyd J. Austin III, United Kingdom … Read more