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

Jackson handed Ireland fly-half role

first_img Jackson has passed a fitness test on the minor hamstring strain sustained during training on Monday, enabling him to continue in the number 10 jersey with Ian Madigan offering cover from the bench. Team manager Mick Kearney has also revealed that Munster prop Stephen Archer will fill the third vacancy left in the team that was announced on Tuesday after being selected on the bench. Ireland will start with Paddy Jackson at fly-half for Saturday’s RBS 6 Nations clash with France at the Aviva Stadium. Jackson, 21, will be winning his second cap in Saturday’s must-win showdown between the two biggest flops of this year’s Six Nations, while Madigan will make his debut if he steps off the bench. “Paddy kicked in the Aviva Stadium yesterday and kicked well and trained fully this morning,” Kearney said. “Paddy’s hamstring first tightened up after Monday’s session so there was a bit of concern about him. “He sat out the session on Tuesday, received treatment and did some light running in the afternoon. “He then came through kicking at the Aviva Stadium yesterday afternoon very well, so that clarified things for us, but up until then there was some small doubt. “There was no discomfort this morning so he’ll be fine.” Ireland team: R Kearney (Leinster); F McFadden (Leinster), B O’Driscoll (Leinster), L Marshall (Ulster), K Earls (Munster); P Jackson (Ulster), C Murray (Munster); C Healy (Leinster), R Best (Ulster), M Ross (Leinster), M McCarthy (Connacht), D Ryan (Munster), P O’Mahony (Munster), S O’Brien (Leinster), J Heaslip (Leinster, capt). Replacements: S Cronin (Leinster), D Kilcoyne (Munster), S Archer (Munster), D O’Callaghan (Munster), I Henderson (Ulster), E Reddan (Leinster), I Madigan (Leinster), L Fitzgerald (Leinster). center_img Press Associationlast_img read more

Henderson hopes Gerrard stays

first_img Henderson, installed as vice-captain this season, admits he is still learning much from his team-mate and is hopeful he will get the chance to continue that education for a couple more years at least. “I hope he stays on for as long as he can and then even after that really, I hope he stays at the club as long as he can,” he said. “For me, he has been the best player for a number of years, not just for Liverpool but in the Premier League, and I think he still is. “Hopefully we keep him because he is a massive player for us and a great leader. “Everyone has a lot of respect for him in the dressing room. He leads by example. He is a top player, but he is also a top person. “The lads feel they can go to him with anything and he will always help them out and put them first. That is massive as a captain. “Everyone gets on really well with him. With the aura that he has got he could be a different person but he is very grounded, very humble. “We can go to him and he will help us out with anything he possibly can and that is priceless. The 34-year-old’s future has become a topic for considerable debate after it emerged this week he had not yet accepted the offer of a new contract to extend his current deal which expires in the summer. Speculation, fuelled by manager Brendan Rodgers’s judicious use of the midfielder in an attempt to reduce his workload, has linked Gerrard with a move to Major League Soccer, but the captain provided a timely reminder of his qualities with an influential performance in the 3-1 win at Leicester on Tuesday night. Press Association “Then he puts in performances like that (against Leicester). He is our leader, he is a role model to us all. “If he was to go, he would be a massive loss. Hopefully it doesn’t come to that. “Liverpool without Steven Gerrard is unimaginable. Nobody wants to lose him and I’m sure the club don’t as well.” Gerrard has played in a more advanced position in the last three matches and that has not only benefited him personally but the team around him. Striker Rickie Lambert, who has started the last four matches in the absence of injured duo Daniel Sturridge and Mario Balotelli after just three starts in as many months, believes the captain still has plenty to offer and is relishing playing alongside him. “Some of the talk has been silly really. He is always going to come back – that is the silly thing – and he is Mr Cool in those situations,” he said of Gerrard’s well-taken second goal at the King Power Stadium. “He always has been and it was a great finish. Long may it continue. “He is not going to play every single game but that is what he can do. “He is one of those players who can play in multiple positions and if he is closer to me it makes my game a lot easier. “His all-round play, his vision, everything about him…when he has got the ball he will put it in the area you want. “Obviously we are desperate to keep Stevie. It is clear it is his decision but I think he needs to stay at Liverpool for the rest of his life.” Liverpool midfielder Jordan Henderson admits Steven Gerrard very much remains the man the players look up to and it would be unimaginable to think of him not being at the club. last_img read more