Treasury Reflects On Six Years of Reform Progress

first_imgSign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Treasury Reflects On Six Years of Reform Progress Dodd Frank Wall Street Reform and Consumer Protection Act U.S. Department of the Treasury 2016-07-27 Kendall Baer Related Articles Demand Propels Home Prices Upward 2 days ago Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Government, News The Best Markets For Residential Property Investors 2 days ago Previous: Cash Sales Share Slows Next: Ocwen Remains Positive Despite Another Quarterly Loss Home / Daily Dose / Treasury Reflects On Six Years of Reform Progress About Author: Kendall Baercenter_img When President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law in 2010, the United States Department of the Treasury reports that it was “the most comprehensive, far-reaching set of reforms to our financial system since the Great Depression”. Today, they share that they economy is back on track, growth has returned, and the financial system is safer because of these historic reforms.In addition to these statements, Treasury also reports the unemployment rate has been cut by half and jobs continue to grow with an average of more than 150,000 new private sector jobs per month in 2016 so far. Additionally, household net worth has grown by about $30 trillion to levels well above those from pre-crisis, and business lending has increased by over 60 percent.Treasury also states that Wall Street Reform has also brought greater transparency and stability to the financial system therefore developing a foundation for maintainable, all-encompassing economic progress.During these past six years, Treasury says that banks have added over $700 billion in additional capital to lend to consumers and businesses and that will make these institutions more resilient in the event of unexpected losses. Standardized derivatives are also now required to be centrally cleared and traded on exchanges or transparent trading platforms in order to increase transparency and reduce risks to the financial system.In addition to these developments, Treasury also notes The Financial Stability Oversight Council who has brought in their opinion the entire financial regulatory community together to identify and respond to potential emerging threats to financial stability. Finally, they note The Consumer Financial Protection Bureau who has secured more than $11 billion for more than 27 million hardworking consumers.The report says that in the words of Secretary Lew “this progress must not lead to complacency”. Treasury doesn’t believe their work ended with the passage of Wall Street Reform, but instead was just the beginning. They share that creating a safer, more stable financial system is an ongoing project and it requires constant vigilance.They also say in the coming months, they will remain focused on seeing the implementation of Dodd-Frank through, opposing efforts to weaken the reforms we’ve put in place, and creating a system that protects taxpayers, consumers, and Main Street communities all across the country. July 27, 2016 1,258 Views Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Dodd Frank Wall Street Reform and Consumer Protection Act U.S. Department of the Treasury  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, TX. Born and raised in Texas, Kendall now works as the online editor for DS News. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

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The Latest: Thor the star bulldog starts fine Westminster

first_img February 10, 2020 Tiny dogs are having their day at the Westminster Kennel Club show.Pomeranians, papillons and other toy dogs are in the rings Monday, as are terriers and the diverse category of dogs known as “non-sporting” breeds. They range from Dalmatians, bulldogs and poodles to less familiar breeds such as the löwchen, Norwegian lundehund and Xoloitzcuintli — that’s “shoh-loh-eetz-KWEENT’-lee,” a hairless breed from Mexico.Backstretch the bulldog took in the scene as she waited to compete. Just 12 weeks after having a litter of puppies, she was back in competitive shape and ready to show off with owner and handler Valery Scrimo of Saratoga Springs, New York. Daytime judging chooses the best dog in each breed. Those winners begin facing off Monday night at Madison Square Garden, where best in show will be named Tuesday night. Associated Press ___12:25 p.m.What makes a championship obedience dog? The Westminster Kennel Club knows it by Heart. A Labrador retriever named Heart won Westminster’s obedience contest Sunday, extending her sweep of the five-year-old competition.With that, handler Linda Brennan says they don’t plan to enter the contest next year. Thor has quite a following after more than 25 million viewers saw him win the National Dog Show televised on Thanksgiving Day.With the crowd cheering him around the ring this time, the sturdy 2-year-old born in Peru earned a best of breed ribbon. He advanced to the nonsporting group judging Monday night at Madison Square Garden.Handler Eduardo Paris appreciated the audience support.“Many people came to see him,” Paris said after the early victory.12:55 p.m. Share This StoryFacebookTwitteremailPrintLinkedinRedditNEW YORK (AP) — The Latest on the Westminster Kennel Club dog show (all times local):1:25 p.m.Thor the star bulldog has taken his first winning steps at the Westminster Kennel Club show. The Latest: Thor the star bulldog starts fine Westminster “I think it’s only fair” to step aside, said Brennan, an obedience trainer from Columbia, New Jersey. The competition requires dogs to sit, stay, retrieve a toy on command and stick by their handlers’ sides while walking around other people, among other skills. Finalists used to do complex six-minute routines of their own devising, but Westminster changed things up this year to align more closely with other obedience trials. Heart, age 7, executed the maneuvers with her tail wagging.“She loves this environment — she really does. She finds it very exciting and very stimulating,” Brennan said. Don’t lose heart, owners of everyday dogs: Even Heart misbehaves from time to time outside the ring. “She has her little naughty habits,” Brennan said with a smile.,Update on the latest sports,Update on the latest sportslast_img read more

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Its a busy weekend on the club front

first_imgFermanagh, on the other hand, name an unchanged team. First up, at 5 o’clock, Fermanagh take on Westmeath in Cavan. Cork come into this game on the back of a Munster final double-header with Kerry. And tomorrow in Munroe in the South Tipp senior championship Cahir and Kilsheelan Kilcash are first up at 5pm while at 6.30 Clonmel Commercials meet Ardfinnan. David Lynch also misses out, as Kieran Gavin, John Connellan and the experienced Denis Glennon come into the side.center_img Westmeath have made one change to their team, with injuries to Ger Egan and John Heslin ruling them out of contention. There’s two spots in the last eight of this year’s football championship waiting to be filled today, as the last of the ‘A’ qualifiers take place. At 7, Cork and Kildare battle it out at Semple Stadium in today’s other 4A football qualifier.last_img read more

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Fantasy Waiver Wire Week 12: Damien Williams, Tyreek Hill injuries have Chiefs backups among potential free agent pickups

first_imgMORE WEEK 12: Waiver wire | Snap counts | Fantasy playoff SOSWith just two weeks before the fantasy playoffs start, this might be a virtual must-win matchup for a lot of fantasy owners. There’s no point in holding back your waiver claim unless you’re absolutely set. Considering injuries are mounting and four relatively important teams are on bye (Cardinals, Chargers, Chiefs, Vikings), chances are you need something. Perhaps just as important, your opponent might need something. Either way, the aforementioned RBs are worth high claims, and if you need a TE or QB, you can make cases for a few players at those positions, as well. This will be a busy waivers and free agency period, so don’t sit on the sidelines.WEEK 12 NON-PPR RANKINGS:Quarterback | Running back | Wide receiver | Tight end | D/ST | KickerLISTEN TO THE SN FANTASY WEEK 12 PREVIEW PODCAST BELOWTop fantasy football waiver wire pickups and free agent adds for Week 12Unless otherwise noted, only players owned in fewer than 50 percent of Yahoo leagues considered.Darrel Williams/LeSean McCoy, RBs, Chiefs. Starter Damien Williams exited late in the second quarter on Monday night’s game because of a ribs injury. The severity is unknown at this time, and with the Chiefs on bye in Week 12, he might not miss any games. Either way, Darrel Williams and LeSean McCoy, who’s available in 45 percent of Yahoo leagues, are worth pickups. Both scored touchdowns on Monday, with Darrel Williams holding the edge in carries (11 to 7) but McCoy getting more targets (6 to 3) and total yards (57 to 43). Kansas City’s backs have a slightly favorable matchup against Oakland in Week 13, so whoever is starting will have value. WEEK 12 DFS LINEUPS: FD cash | FD GPP | DK cash | DK GPP | Y! cash | Y! GPPMecole Hardman/Demarcus Robinson, WRs, Chiefs. Tyreek Hill suffered a strained hamstring early in the first quarter on Monday and spent the rest of the evening watching from the sideline. No wideouts stepped up in his absence, with most of the passing production going to Travis Kelce, but we know from when he was out earlier in the year that both Hardman and Robinson have potential value. In Weeks 2-5 when Hill was out because of a shoulder injury, Hardman hauled in 12-of-22 targets for 246 yards and two TDs. Robinson caught 16-of-25 targets for 281 yards and three scores in that span. Hardman was actually a little more consistent, posting at least 11.9 PPR fantasy points in three-of-four games. Because Kansas City has a Week 12 bye, we can’t say whether Hill will miss more time, but Hardman and Robinson are worth grabbing just to be safe. MORE WEEK 12:Waiver pickups | FAAB planner | Stock watch | Snap counts | Fantasy playoff SOSJonathan Williams/Jordan Wilkins, RBs, Colts. Sticking with the teammates theme, both Colts running backs are worth a look after Marlon Mack broke his right hand on Sunday. He reportedly underwent a procedure on Monday and will miss at least Thursday’s game and likely more. Wilkins had been serving as Mack’s handcuff all year, but an ankle injury has kept him out the past two games. Williams rushed for over 100 yards in Mack’s absence in the second half in Week 11. We’re guessing Williams will start and receive 15-plus carries against Houston on Thursday night, but clearly both of these backs could have their moments over the next few weeks. Indy’s schedule through Week 16 isn’t particularly favorable for RBs, with games @HOU, vs. TEN, @TB, @NO, and vs. CAR on tap. Only the Panthers game in Week 16 is favorable, but any starting RBs should be owned this late in the year. WEEK 12 PPR RANKINGS: Running back | Wide receiver | Tight endTrey Edmunds/Benny Snell Jr., RB, Steelers. With James Conner’s status “up in the air” for Sunday’s game against Cincinnati, Pittsburgh might turn to Edmunds to split carries with Jaylen Samuels like it did back in Week 9 when Conner was out with the same shoulder ailment. In that game, Edmunds actually led the Steelers in carries (12) and totaled 73 yards. The next game, Samuels dominated carries (14) and Tony Brooks-James actually had two more rushes than Edmunds, but with Samuels struggling on the ground (just 29 yards that week), it’s unclear how the Steeelers will operate this time around. If Snell (knee) is healthy, he could also operate as the lead runner in Pittsburgh’s backfield, like he did back in Week 6 when Conner originally hurt his shoulder. Snell had 75 yards on 17 carries that game. The Bengals allow the fourth-most fantasy points per game to RBs, so there’s potential FLEX value here if Edmunds or Snell can get 10-plus carries again. They’re not prime waiver claims like Williams, Bo Scarbrough or Derrius Guice, but they should be picked up in free agency.Check out our full Week 12 waiver list for additional waiver wire and free agent ideas, including RBs Bo Scarbrough and Derrius Guirce, plus a ton of QB/WR/TE/DST streamer suggestions. Monday Night Football in Mexico yielded one of those games fantasy football owners won’t forget — largely because two key Chiefs players (Tyreek Hill, Damien Williams) exited early and likely swung many fantasy matchups. Both of Williams’ handcuffs (Darrel Williams and LeSean McCoy) scored, while a variety of receivers chipped in but didn’t make a mark in Hill’s absence. Even with the Chiefs on bye next week, at least a couple of these players will be among the top Week 12 fantasy waiver wire pickups and free agent adds. And once again, expect a good amount of activity after waivers clear around 4-5 a.m. ET on Wednesday morning in Yahoo and ESPN leagues.Our full free agent list starts with the sure-to-be top pickups of the week — RBs Jonathan Williams, Bo Scarbrough, and Derrius Guice. There are also several TEs worth a look (Jacob Hollister, Ryan Griffin, David Njoku), and they actually have long-term appeal as opposed to just streamer potential (although we have some matchup-based streamers, too). As always, we have several interesting WRs (Deebo Samuel, Randall Cobb, James Washington), a couple fill-in QBs (Jacoby Brissett, Sam Darnold), and plenty of streamer D/STs at the end of the list. If you’re one of those super-creepy fantasy owners who’s “into” kickers, you can also check out our Week 12 kicker rankings.last_img read more

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Prison Employee Strangled to Death By Inmate Who is Still on the Loose

first_imgCourt records indicate that a Tennessee Department of Corrections (TBI) administrator was sexually assaulted and strangled to death by an escaped inmate who remains on the loose.The victim, 64-year-old Debra Johnson of Nashville, was found dead last Wednesday in her residence, which is located on the grounds of West Tennessee State Penitentiary.According to court documents, inmate Curtis Watson drove a golf cart to Johnson’s residence, where he then strangled her to death with a cord. Evidence also shows that he sexually assaulted her.At 7 a.m. on Wednesday, Watson was assigned to work duty. He was seen as a “trustworthy” inmate, and was therefore given access to the golf cart and a tractor. He was also required to wear a reflective vest while he was on work detail.Johnson was on the phone at 8:10 a.m., a TBI timeline reveals.Watson was seen on a golf cart at Johnson’s home on the grounds at around 8:30 a.m.Sometime between 9 and 10 a.m., Watson took a tractor and fled the prison grounds.Workers soon discovered that Watson was missing, and went to check on Johnson, who was found dead at 11:30 a.m.A reflective vest was also discovered in her home, while the tractor that Watson stole was located two miles away at 1:30 p.m.Watson is considered extremely dangerous and should not be approached. A $52,500 reward is being offered in the case.Anyone who sees him is being asked to call (800) TBI-FIND.last_img read more

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Hand sanitizer and fireworks could make for a dangerous combo, experts say

first_imgFourth of July will look a little different this year due to the pandemic.Many will be lighting fireworks, and now that hand sanitizer has become an essential for nearly everyone around the globe, it could make for a painful combination this Fourth of July when it comes to lighting fireworks.The NSC shared firework safety tips on nsc.org which include; leaving fireworks to the professionals,  understand your state’s laws because each state is different, adults should never use fireworks while impaired by drugs or alcohol, never allow young children to handle fireworks.Because fireworks are apart of the celebration for Fourth of July, and now hand sanitizer is apart of people’s daily routines, experts warn people that hand sanitizer contains alcohol which is highly flammable. “Alcohol and fire do not mix,” National Safety Council (NSC) spokeswoman Maureen Vogel told CNN. “You shouldn’t pair flammable items; it’s the proverbial recipe for disaster.”Stay safe everyone, and Happy Fourth of July!last_img read more

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Kenya’s Rita Jeptoo wins Boston Marathon again

first_imgFrom left, Rita Jeptoo, Shalane Flanagan, Yeshi Esayias, Buzunesh Deba, Mare Dibaba, and Jemima Jelagat Sumgong run shortly after the start in the women’s division of the 118th Boston Marathon Monday, April 21, 2014 in Hopkinton, Mass. (AP Photo/Michael Dwyer)BOSTON (AP) — Rita Jeptoo of Kenya successfully defended the Boston Marathon title she said she could not enjoy a year ago after the fatal bombings.Jeptoo finished Monday’s race in a course-record 2 hours, 18 minutes, 57 seconds. She becomes the seventh three-time Boston Marathon champion.Jeptoo broke away from a group of five runners at the 23-mile mark. Buzunesh Deba finished second with an unofficial time of 2:19:59.American Shalane Flanagan finished seventh after leading for more than half the race. She took a gamble by setting the early pace. She ran her first mile in 5 minutes, 11 seconds, but fell back on the Newton Hills about 21 miles into the race.last_img read more

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Rebels book ticket to Murdoch Final with Game six win over Spokane

first_imgThe Spokane Braves gave the Rebels everything they had but, in the end, it’s the Sunflower City franchise going on to the Murdoch Division Final.Jeremy McNeil scored two third-period goals to spark the Rebels to a 4-2 victory over the Braves in Kootenay International Junior Hockey League playoff action Friday night in the Lilac City.Castlegar wins the best-of-seven series 4-2 and now face the defending KIJHL champs from Beaver Valley in the Murdoch Final.The series begins Monday in Fruitvale.Castlegar opened the scoring in the first period on a goal by Tyler Barrett. Danton Oliver and Paxton Malone scored in the second period to give the home side a 2-1 lead.However, before the period ended Aaron Petten scored to even the score after 40 minutes.The game appeared to be head for overtime when McNeil scored the winner with 3:30 remaining in regulation time.McNeill added an insurance goal with time running out.Castlegar finished 10 points behind the Hawks in Murdoch standings.Beaver Valley won two of the last three games the teams played during the regular season.In the Eddie Mountain Division, Fernie Ghostriders host Kimberley Dynamiters in the first game of the best-of-seven series beginning Sunday in Fernie.In the Okanagan Shuswap Conference, the 100 Mile House Wranglers travel to Kamloops for Game one of the divisional semi final Monday while the Osoyoos Coyotes wait for the winner of the Kamloops Chiefs/Summerland Steam series.The series is tied 3-3 with Game seven Saturday night in Summerland.last_img read more

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New law to bolster police watchdog

first_img3 June 2011 New legislation will give South Africa’s Independent Complaints Directorate (ICD) – soon to become the Independent Police Investigative Directorate (IPID) – the “teeth” it needs to tackle any criminality or misconduct by the country’s police service. This is according to ICD executive director Francois Beukman, who said the directorate’s mandate – to conduct independent and impartial investigations of alleged criminality and misconduct by the SA Police Service (SAPS) and Municipal Police Services – had been expanded by the new legislation. The Independent Police Investigative Directorate (IPID) legislation was recently signed into law by President Jacob Zuma. Beukman said that while previously the police would take their time in reporting matters for investigation to the ICD, with the new legislation, station commanders and police must notify the directorate of matters that need investigation immediately after they become aware of it. Police officers who fail to report incidents to the IPID as stipulated will be guilty of an offence and will be liable for a fine and even imprisonment, he added. The legislation also, for the first time, obligates SAPS management to act and respond to the IPID’s disciplinary recommendations. As things currently stand, police management are reluctant to implement the directorate’s recommendations at the conclusion of an investigation, he noted. The legislation will also sharpen the types of investigation that the directorate must carry out, Beukman said. The IPID will concentrate its investigation on: deaths in police custody and as a result of police action; any complaint relating to the discharge of an official firearm by a police officer; rape by a police officer or while in police custody; and complaints of torture or assault against police officers carrying out their duties. In addition, the IPID may investigate corruption matters within the police and any other matters referred to it. Beukman noted that the difference between the ICD and IPID is that the latter will focus on more serious crimes. The IPID will no longer have to investigate service delivery complaints against police, as this will now become matters for police management to handle. The directorate is currently dealing with about 6 000 cases, of which about 2 000 are related to service delivery. Source: BuaNewslast_img read more

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June 27 meeting to focus on cover crops for prevented planting acres

first_imgShare Facebook Twitter Google + LinkedIn Pinterest On June 27 from 6:30 p.m. to 9 p.m at the Ohio Northern University, McIntosh Center, Ballroom (yes, the same big Room A, upstairs, used for the Conservation Tillage Conference) cover crop experts and suppliers in Ohio will be featured in a meeting focused on how to handle the many prevented planting acres in northwest Ohio.David Brandt (Walnut Creek Seeds), Dwight Clary (Clary Farms LLC), Cody Beacom (Bird Agronomics), and Alan Sundermeier, OSU Extension, Wood County will talk cover crops. Weed control is also critical in prevented planting situations and Jeff Stachler, OSU Extension Auglaize County, will speak on the topic. Brad Wingfield, Wingfield Crop Insurance Service, will cover the numerous crop insurance issues farmers will have to work through.Additional questions and discussion will be fielded by Bret Margraf, Seneca Conservation District, and Jan Layman, president of Ohio No-Till Council. The focus will be on cover crop options. What will be your next cash crop? Do you want to graze or harvest forage? USDA announced this can be done Sept. 1, whereas the previous rule is Nov. 1. When can (or should) you plant certain cover crop mixes? What Cover Crop seeds are available? (Prices for several will rise.) Can leftover soybean seed be used? (Probably not allowed to plant until July 15. Can you get a refund of tech fee?) How much can you afford? Other than for grazing/forage, you may hope to pay no more than $20 per acre. More details will be announced soon. This program has multiple sponsors and supporters including the Ohio No-Till Council, OSU Extension, SWCDs, USDA, and Ohio Farm Bureau. This program will be free.last_img read more

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