first_imgActing NCUA Chairman J. Mark McWatters is asking the CFPB to use its powers to exempt credit unions from certain agency rules, particularly mortgage reporting requirements.In a Wednesday letter to CFPB Director Richard Cordray, McWatters also asks the agency to issue clear guidance to credit unions concerning the CFPB’s use of its powers to take enforcement actions based on Unfair, Deceptive or Abusive Acts or Practices.“Such regulatory relief would lessen the financial burden on the credit union community, thereby enhancing the capital positions of credit unions and the NCUA’s efforts to ensure the safety and soundness” of the agency’s share insurance fund McWatters stated in his letter.Credit unions have long complained that the CFPB has not used its powers to exempt certain financial institutions from its rulemaking.  In October, then-NCUA Chairman Rick Metsger told Cordray that the NCUA, and not the CFPB, should regulate payday lending by credit unions. continue reading » 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

first_imgNorth Korea not engagingMoon’s call for a new Trump-Kim summit and Biegun’s visit had sparked speculation of a last-ditch effort to try to revive North Korea talks ahead of the US presidential election in November.But Biegun has previously played down the likelihood of another in-person summit between Trump and Kim, saying the coronavirus pandemic made arranging such an event unlikely before the election.Upon arrival in South Korea on Tuesday, Biegun and the entire US delegation, as well as the American military air crew who piloted their aircraft, underwent tests for COVID-19 at the US military base in South Korea where they landed.After the tests came back negative, the delegation continued on to Seoul.Besides the coronavirus challenges, North Korea’s strident rejections of new talks also means Biegun’s visit is more likely to focus on coordination between the two allies, rather than seizing some opening for diplomacy, said John Delury, a North Korea expert at Yonsei University in Seoul.”I don’t see signals from North Korea that they are looking for engagement,” he said.Coordination between the two long-time allies is critical now, said Duyeon Kim, a senior advisor at the International Crisis Group, a Belgium-based independent non-profit organization.”The allies should get on the same page about upcoming defense drills, how their working group can support inter-Korean projects while enforcing existing sanctions, and how to jointly respond if Pyongyang escalates or tests more weapons,” she said.Topics : Talks will likely cover a range of issues, including coronavirus responses and ongoing negotiations over military cost-sharing, but North Korea is expected to dominate the agenda, Seoul officials said.In a brief conversation before their closed-door meeting, Kang told Biegun he had come at an important time for political developments and also after South Korean President Moon Jae-in recently reshuffled some of his senior North Korea policy aides.Biegun is likely to meet with Suh Hoon, Moon’s new national security advisor who, as spy chief, was instrumental in facilitating summits between US President Donald Trump and North Korean leader Kim Jong Un, a Seoul official said.Talks with Pyongyang have since stalled, and North Korean officials say the country has no intention to sit down with the United States. The US point man for North Korea met with South Korean officials in Seoul on Wednesday for wide-ranging talks, overshadowed by Pyongyang’s insistence that it has no intention of returning to denuclearization negotiations any time soon.Stephen Biegun, who led working-level negotiations with the North Koreans and now has broader responsibility as US Deputy Secretary of State, met with South Korean Foreign Minister Kang Kyung-wha.Biegun was also due to meet with Vice Foreign Minister Cho Sei-young and chief nuclear negotiator Lee Do-hoon.last_img read more

first_img Loading… FIFA is considering postponing the Asian World Cup qualifiers due to be played this month because of the coronavirus outbreak, the global football body said on Thursday China’s matches against Maldives at home and Guam away have already been moved Buriram, Thailand, and will be played behind closed doors FIFA said it would provide an update following consultations with the national associations and would continue to monitor the situation in co-operation with the World Health Organisation However, more than two dozen other matches are scheduled to be played around the continent over two match days on 26 and 31 March.Advertisement “A formal proposal to postpone upcoming matches in the Asian FIFA World Cup 2022 and the Asian Cup 2023 qualifiers will now be shared with the relevant member associations,” said FIFA in a statement. “For both FIFA and the Asian Football Confederation (AFC), the well-being and health of all individuals involved in football matches remains the highest priority,” it added. read also: Top Swiss prosecutor has salary cut over FIFA case lies FIFA said it would provide an update following consultations with the national associations and would continue to monitor the situation in co-operation with the World Health Organisation (WHO). FacebookTwitterWhatsAppEmail分享 center_img Promoted ContentCouples Who Celebrated Their Union In A Unique, Unforgettable Way10 Risky Jobs Some Women DoWho Is The Most Powerful Woman On Earth?Top 7 Best Car Manufacturers Of All TimeThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreBest Car Manufacturers In The World7 Black Hole Facts That Will Change Your View Of The Universe6 Extreme Facts About HurricanesHere Are The Top 10 Tiniest Mobile Phones On The Planet!Wondering What And When Will Finally Be The Undoing Of Us?8 Superfoods For Growing Hair Back And Stimulating Its GrowthWhich Country Is The Most Romantic In The World?last_img read more

first_imgBLUE HILL — The George Stevens Academy Eagles got off to a winning start, with both boys and girls cruising to 5-0 wins at Lee Academy on Monday. For more sports stories, pick up a copy of The Ellsworth American. House fire in Winter Harbor – October 27, 2014 admin Latest Posts Bio Latest posts by admin (see all) This is placeholder textThis is placeholder text Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015 State budget vs. job creation – January 22, 2015last_img read more