• Friday, February 09 2018 at 12:31 PM
    Great News! Start the RIFT at the top and don't start until you have 38% remaining! According to Asbury Park Press, annual salaries for OFR employees (pay plan = "OR") include 22 people making more than $200,000, another 24 making over $175,000. Of the total 1,856 US Treasury's "Departmental Offices" employees, 74% or 1,370 employees make more than $100,000 per year.
  • Friday, February 09 2018 at 10:34 AM
    The rationale for depletion or even elimination of the Office of Financial Research (OFR) focuses almost exclusively on its duplication of economic analysis done by multiple federal agencies. This analysis fails to recognize the OFR’s key role in driving data standardization, both within the federal agencies and in conjunction with global standards bodies. Data standards are a necessity for making systemic risk analysis possible and providing transparency into financial transaction.
  • Friday, February 09 2018 at 10:08 AM
    Why should I care? They didn't vote for me and most are probably illegal immigrants, rapists and thieves.
  • Friday, February 09 2018 at 9:43 AM
    Fed, OCC, and FDIC have long had armies of economists, and all failed to predict the housing crisis. And since the answer to failed government is always more government, we now have OFR and yet another army of economists--who will of course be no better than the others at predicting the future. Why only lay off 38%?