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The Federal Records Act was created following the recommendations of the Hoover Commission (1947-49). [1] It implemented one of the reforms proposed by Emmett Leahy in his October 1948 report on Records Management in the United States Government, with the goal of ensuring that all federal departments and agencies had a program for records management.
Records management, also known as records and information management, is an organizational function devoted to the management of information in an organization throughout its life cycle, from the time of creation or receipt to its eventual disposition. This includes identifying, classifying, storing, securing, retrieving, tracking and ...
The Presidential and Federal Records Act Amendments of 2014 ( Pub. L. 113–187 (text) (PDF)) is a United States federal statute which amended the Presidential Records Act and Federal Records Act. Introduced as H.R. 1233, it was signed into law by President Barack Obama on November 26, 2014. The act amends federal law regarding the preservation ...
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.
Retention period. A retention period (associated with a retention schedule or retention program) is an aspect of records and information management (RIM) and the records life cycle that identifies the duration of time for which the information should be maintained or "retained", irrespective of format (paper, electronic, or other).
The Electronic Records Archives ( ERA) is a program of the United States National Archives and Records Administration (NARA) to preserve electronic records as part of the U.S. government's broader records management process. The program began in 1998 [1] and started to accept records in 2008. [2] As of 2017, NARA was working to overhaul the ...
Federal Reserve Economic Data (FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louis that has more than 816,000 economic time series from various sources. [1] They cover banking, business/fiscal, consumer price indexes, employment and population, exchange rates, gross domestic product, interest rates ...
The Federal Reserve System in the United States is generally regarded as one of the more independent central banks. The Federal Reserve System is an independent government institution that has private aspects. The System is not a private organization and does not operate for the purpose of making a profit. [14]