Yellen in the Hot Seat

Tag: 广州花名录

first_img July 13, 2017 1,814 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, Headlines, News Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Joey Pizzolato is the Online Editor of DS News and MReport. He is a graduate of Spalding University, where he holds a holds an MFA in Writing as well as DePaul University, where he received a B.A. in English. His fiction and nonfiction have been published in a variety of print and online journals and magazines. To contact Pizzolato, email [email protected] Janet Yellen, Chair of the Board of Governors of the Federal Reserve, completed the second day of her semi-annual testimony to the Senate on Thursday, and fielded questions from Congress in regard to housing and banking, including her thoughts on proposed regulatory reform.Senator Mike Crapo (R-Idaho), released a pre-prepared statement in the morning expressing expectations for the hearing, which set the stage for Yellen’s testimony.“Today we will receive testimony from Federal Reserve Chair Janet Yellen regarding the Fed’s semiannual report to Congress on monetary policy and the state of the economy. Since the last Humphrey-Hawkins hearing in February, there have been numerous developments that will impact economic growth legislation. Particular interest has been focused on finding bipartisan solutions to tailor regulations, change the SIFI threshold, exempt certain firms from stress testing, fix the Volcker Rule, and simplify small bank capital rules.”Yellen was indeed asked to convey her opinions on Dodd-Frank reforms and how she best thought to change the Volcker Rule. Some members of Congress, including Chairman Crapo, believe that what they see as arbitrary thresholds—most specifically, the $50 billion SIFI threshold—make it difficult for smaller banks to do business. The suggestion has been presented in the past to raise that threshold to an indexed $125 billion, or even remove a monetary threshold and concentrate on a business model based regulatory approach. In response, Yellen said:“We’ve already said that we would favor some increase if Congress sticks with a dollar threshold that we would support some increase in the threshold. An approach that is based on business model or factors is also a workable approach from our point of view, conceivably. Some of the enhanced standards should apply to more firms with lower levels of assets and others with higher levels. I think that either type of approach is something we could work with.”Yellen was also pressed about the Volcker rule, which prohibits banks to make certain types of speculative investments, and whether or not she thought it worked.“The [Volker rule’s] goal is [one] in which I agree, and to permit market making. The implementation of it has been very complex and burdensome. We’ve suggested that community banks be exempt from it entirely. I wouldn’t [completely] get rid of it. I believe the Treasury report suggests maintaining their restriction on proprietary trading and depository institutions. So, I wouldn’t get rid of it, but I would look for ways to simplify it.”Yellen did, however, agree with the committee’s assessment that housing plays an important role in economic health. Previous: Analyzing Risks and Disruption Next: Paradatec Passes Fannie Mae Certification The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles About Author: Joey Pizzolato Tagged with: Fed Janet Yellen Senate  Print This Postcenter_img Demand Propels Home Prices Upward 2 days ago Yellen in the Hot Seat The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Fed Janet Yellen Senate 2017-07-13 Joey Pizzolato Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Home / Daily Dose / Yellen in the Hot Seatlast_img read more


Tag: 广州花名录

first_imgNow more than ever, credit union leadership knows the old mantra, “grow or be acquired” is alive and well, and it’s causing some sleepless nights as they feel the squeeze from all sides.  But, of the countless (and growing) regulatory, technological and competitive hurdles credit unions face today, there is a critical one that too often goes unmentioned — how to not only efficiently manage the staggering volumes of information passing through the CU’s various systems, but to go a step further to transform it into an active value-add.  Enterprise Content Management / Enterprise Information Management (ECM / EIM) may not be as “bright and shiny” as the promise of blockchain banking or the latest wearable tech, but it represents a dramatically understated and misunderstood potential for immediate and long term growth. The shiny piece of this puzzle is information and how we leverage it.First and foremost, a strong ECM / EIM solution should reduce overhead by automating the repetitive processes of credit union staff. It may not sound like much at first, but consider the time lost to employees manually hunting down and sending documents across multiple databases, day in and day out. Compound that across the entire institution and it quickly adds up. To be a truly innovative solution, an ECM / EIM system should also offer CU leadership the flexibility to tailor their workflows to the institution’s unique needs to maximize efficiency and ROI.Financial institutions’ content management systems shouldn’t just be for internal document storage, however. In the age of information, credit unions are sitting on troves of valuable member data that can be leveraged to great benefit to the CU, all while strengthening existing relationships. Members enjoy faster, more consistent experiences as staff are now freed to focus on their interactions. Meanwhile, the stored transactional metadata provides crucial business intelligence, enabling the credit union to efficiently develop and deliver more personal targeted offers and promotions that drive ever greater member loyalty.For many credit union executives, just behind the imperative for growth looms the specter of regulatory compliance. With an ever changing set of guidelines and requirements, CU leaders have to stay flexible while maintaining a competitive edge. To meet those needs, the CU’s choice of ECM / EIM solution should be reflective of that ability to adapt, removing, rather than compounding, one of many compliance headaches credit unions face.As credit unions look to the future they are continually forced to hone their strategies of how best to scale their operations, and their ECM / EIM solution should be the least of their concerns. Credit unions should put best practices in place early with a system built to scale quickly and effortlessly instead of waiting for often costly red flags to appear. Solutions like those offered by Alogent empower credit unions to build a firm ECM / EIM foundation for stronger and longer member relationships while greatly increasing operational efficiency and avoiding disruptions to growth due to new regulatory demands.In a world where time really is money there’s no replacement for efficiency. 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Jason Schwabline Jason is the leader of product management and company strategy for Alogent. He spends much of his time traveling and evangelizing, and speaks regularly on the future of transformational technologies … Web: www.alogent.com Detailslast_img read more


Tag: 广州花名录

first_imgPDI-P Gerindra-Party megawati-soekarnoputri Prabowo-Subianto puan-maharani Sandiaga-Uno anies-baswedan 2024-presidential-election Log in with your social account Although it will be a while before the 2024 presidential election begins, the ruling Indonesian Democratic Party of Struggle (PDI-P) and the Gerindra Party have again showed close relations that may set the foundation for their future coalition.As the Constitution prevents President Joko “Jokowi” Widodo from running for a third term, the 2024 election will give political parties the opportunity to nominate their own members or support other prospective candidates.PDI-P chairwoman Megawati Soekarnoputri has kept close ties with Gerindra Party chairman Prabowo Subianto. She helped the former Army general who ran against Jokowi in last year’s election to reconcile with his former rival and join the government. Prabowo is also frequently seen at many PDI-P events. The latest was on Friday, in which both attended the inauguration of … Forgot Password ? Facebook Google Topics : Linkedin LOG INDon’t have an account? Register herelast_img read more


Tag: 广州花名录

first_img Loading… Promoted ContentBest Car Manufacturers In The WorldYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical2020 Tattoo Trends: Here’s What You’ll See This YearTarantino Wants To End His Career With This Movie?10 Risky Jobs Some Women Do7 Reasons It’s Better To Be A VeganA Guy Turns Gray Walls And Simple Bricks Into Works Of ArtHow They Made Little Simba Look So Lifelike in ‘The Lion King’9 Facts You Should Know Before Getting A Tattoo5 Of The World’s Most Unique Theme Parks11 Strange Facts About Your Favorite TV Shows Tyson faces former four-division champion, Jones, in an eight-round pay-per-view spectacle on November 28. He has not boxed since losing to Kevin McBride in 2005, but the reformed Baddest Man on The Planet hinted at fighting regularly again. read also:BOXING: Tyson Fury reveals why Anthony Joshua fight won’t happen He said: “I believe this is just going to be the beginning, and whatever happens, happens in life. “I’m just interested in fighting for the title of giving. “It feels soul-cleaning for some reason. Doing it for myself doesn’t do it for me no more.” FacebookTwitterWhatsAppEmail分享 center_img Mike Tyson has revealed he got erections from boxing when he was younger and described a fight as ‘orgasmic’. The 54-year-old heavyweight legend is preparing to make a comeback, 15 years since the last fighting, having signed to box Roy Jones Jr, 51, in an exhibition bout. Tyson visited Joe Rogan and opened up in a bizarre interview about the emotions he felt before and during a fight. He admitted to struggling with the notion of preparing to hurt someone physically. But Tyson also said: “It’s orgasmic sometimes.” He followed up by asking Rogan: “What does it mean when the fighting gets you erect? “Well, that’s how I’d get when I was a kid. Sometimes I’d get the twinkle.”Advertisementlast_img read more


Tag: 广州花名录

first_img Promoted ContentIt’s Time To Show How Bad Some Women Can Really Be2020 Tattoo Trends: Here’s What You’ll See This YearEverything You Need To Know About Asteroid ArmageddonMeet The World’s Most Striking Animals Here9 Facts You Should Know Before Getting A TattooFantastic-Looking (and Probably Delicious) Bread Art7 Of The Wealthiest Universities In The WorldThe Best Cars Of All Time6 Major TV Characters We Were Relieved To See Leaving The ShowInsane 3D Spraying Skills Turn In Incredible Street ArtCan Playing Too Many Video Games Hurt Your Body?6 Interesting Ways To Make Money With A Drone Loading… Timo Werner has said he was justified by choosing Chelsea over Liverpool. The Germany international attracted plenty of interest this summer when he decided he was ready to leave RB Leipzig. Liverpool were one of those chasing Werner, but in the end it was Chelsea who won the race after paying a fee of around £47.5million. “I came here to win titles. Chelsea is a big club. A club who always wants to win and for me, I am a player who always wants to win every game,” said the forward. “It is clear at the end we want to win titles. The last years we maybe don’t win so many titles, but I think now we have a very strong team and a young team that can develop and go through a period of a long time, where we can stay together because we are young and we want to win. “That is a good way and what I want to reach here, because I came here to win titles and a lot of games. “When I decided to leave Leipzig I talked to different clubs, of course, next to Chelsea. There were some other clubs that I talked to. But for me, I don’t want to talk about so much about other clubs, because in the end, I decided on Chelsea.Advertisementcenter_img “Of course there were some other clubs also, like Liverpool – who have a great team, and also maybe I can fit good to some other teams. “But in the end I decided [to join] Chelsea because for me it was the best decision I can take. Not only because of the style of football but also because of what they have shown to me. read also:Lampard gives injury update on Werner ahead of Liverpool cracker “I think it was a hard decision in the end but I am very, very excited and proud that I decided to like this because now when I have been here for at least one and a half months, it feels right. “It feels good. The team is brilliant. We have some very good, but always calm and nice players. It is fun to player here at Chelsea and to be part of the team. “We can do very well with this team in the next few months and the next few years.” FacebookTwitterWhatsAppEmail分享 last_img read more