The Week Ahead: Eyes on the Treasury

first_imgHome / Daily Dose / The Week Ahead: Eyes on the Treasury Sign up for DS News Daily Tagged with: Department of the Treasury in Daily Dose, Featured, Government, News Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Eyes on the Treasury May 7, 2017 1,117 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Fannie Mae Income Drops in Q1 Next: Hensarling’s Communication Control Faces Criticism Seth Welborn is a contributing writer for DS News. He is a Harding University graduate with a degree in English and a minor in writing, and has studied abroad in Athens, Greece. An East Texas native, he also works part-time as a photographer. Subscribe Related Articles Department of the Treasury 2017-05-07 Seth Welborn The Best Markets For Residential Property Investors 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Following a week of argument within Congress regarding everything from healthcare to the Financial CHOICE Act, on Wednesday at 2 p.m. EST, the Department of the Treasury will release its monthly Federal Budget Statement. The Bureau of Fiscal Service releases a report of the monthly receipts/outlays and deficits/surplus of the United States.This budget announcement comes right on the heels of the first round of votes to move the Financial CHOICE Act forward, a bill which would act as an alternative to the Dodd-Frank Act. Mnuchin had voiced his support of Financial CHOICE in a statement following the vote.“As Secretary, I am committed to policies that will ensure sustained economic growth that is driven by Main Street and not held back by Washington,” said Mnuchin. “The existing regulatory system is limiting, not stimulating our economy. At the Treasury, we are focused on delivering regulatory relief that encourages banks to provide the capital and liquidity needed to create jobs and opportunities for growth, and that provides protection against taxpayer-funded bailouts.”Financial CHOICE aims to end taxpayer-funded bailouts of big banks, impose tougher penalties for financial fraud and insider trading, and demand greater accountability from regulators.The CHOICE act announcement came alongside the tax reform plan announcement, which called for a reduction of corporate taxes down to 15 percent, cutting the top tax bracket down to 35 percent, and doubling the standard deduction. Mnuchin called the reform the “The biggest tax cut and largest tax reform in history of this country.”According to Mnuchin, the tax reform and Financial CHOICE Act are steps to strengthen the financial system.“I applaud the steady commitment and leadership that Chairman Hensarling and his colleagues have provided on these issues, and welcome the reintroduction of the CHOICE Act,” said Mnuchin “While I continue my work to implement the President’s executive order setting the core principles for financial regulation, I look forward to working with Congress to both support and strengthen our financial system and safeguard taxpayers.”This Week’s ScheduleMBA Mortgage Applications, Wednesday, 7 a.m. ESTLegal League 100 Spring Summit, Wednesday, 7:30 a.m. CSTFive Star Diversity Symposium, Thursday, 9 a.m. CSTFreddie Mac Weekly Mortgage Survey, Thursday, 10 a.m. ESTSenate Banking Committee Hearing: Status of the Housing Finance System, Thursday, 10 a.m. ESTUniversity of Michigan Consumer Sentiment Survey Friday 10 a.m. EST The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

Two events in Madison cancel due to the pandemic

first_imgMadison, IN — Madison Ribberfest BBQ & Blues Festival, known as one of Indiana’s ‘Best Music Festivals’ and Madison’s annual celebration of BBQ competitions and blues music is now added to the list of festivals canceled due to COVID-19. Festivalgoers that purchased 2020 Wristbands can expect to receive a refund. Please visit their website or social media for more information.The Ribberfest committee still plans to move forward with ‘Pigmania,’ the concrete pig decorating contest that supports the annual Madison Ribberfest Scholarship program. Pigs can be seen around town in front of the participating businesses. A list of businesses and directions for voting on the ‘People’s Choice’ Pig will be shared soon.The Madison Chautauqua Festival of Art (MCFA) will be canceled for 2020. “With the current COVID-19 pandemic and the statewide restrictions associated with it, we cannot feasibly have the festival this year” says Chautauqua Committee President Kara Hinze.The MCFA committee is dedicated to maintaining and growing this Madison tradition and is eager to plan the 2021 festival. Planning and preparation will continue throughout the year to celebrate art and community for the 50th time in 2021.last_img read more

Action in Airtricity Premier League tonight

first_imgWith leaders Dundalk not in action, second-placed Derry City and third-placed Shamrock Rovers both have a chance to move to the top of the table as they go head-to-head at the Brandywell.Cork City will be expected to beat new-comers the Wexford Youths at Turners Cross.Elsewhere, Galway United host Finn Harps and Sligo Rovers travel to face St. Pat’s. In the First Division, early pace-setters Limerick FC are away to fellow promotion contenders Drogheda United.Elsewhere, Athlone Town host Waterford United, Cobh Ramblers go to Cabinteely and Shelbourne hoist UCD at Tolka Park.In the Scottish Premiership tonight, Aberdeen have a chance to move to within two points of Celtic at the top of the table.The Dons travel to face Hearts tonight in the only game in the SPL.Kick-off in all of those games tonight is at 7:45.last_img read more

GHPL Week 8: “We have to beat King Faisal for Olympics fans”- Gladson Awako

first_imgGreat Olympics midfielder, Gladson Awako, says he and his team mates will have to get a good result in their Week 8 tie at King Faisal to please the team’s fans.Olympics lost at home to WAFA in Week 7 by a lone goal to leave them 14th on Ghana Premier League table on 7 points.The loss was Olympics’ 4th of the season and their second reverse at home.Ahead of their match, Awako is urging the he fans to keep faith with the team so they will get a good result at the Baba Yara Stadium.“Great Olympics are not happy at all and it was very clear during the match against WAFA. I could see their displeasure as they sat in the stands.I want to assure and promise them. We face King Faisal today in Kumasi and it will be a difficult match because they are struggling.However, I want the fans to stay behind us and support us. No matter what, we are going to get a positive result today. We are either getting a point or we are getting a victory.”Olympics will head into the match without a head coach after Prince George Koffi resigned on Tuesday. His assistant, Seth Hoffman, will handle the team in Kumasi until a new head coach is named and according to sources close to the team, the new coach will be unveiled before the end of the week.last_img read more