House Panel Approves Amendment Requiring Pre-Payment into Resolution Fund
While ABA has advocated the payment of assessments to resolve financial firms after their failure, the House Financial Services Committee yesterday took the opposite tack, approving amendments that would require financial firms with more than $50 billion in assets to pre-pay assessments for a systemic resolution fund. More Newsbytes / Archive 

PPI: Headline Up 0.3 Percent; Core Down 0.6 Percent
In October, the Producer Price Index for finished goods rose 0.3 percent. The PPI has been very volatile in recent months largely due to swings in energy prices. Energy prices drove the rise in October. The core index, which excludes prices of food and energy products, plunged 0.6 percent. More Perspectives