Please enter your comment! Please enter your name here A little less than four months ago, violence erupted in South Apopka with three shooting deaths of residents in the span of eight days. In response to that, a group of concerned citizens formed the Apopka Community Task Force on Violence. Typically a task force is the creation of an elected official or a governing body, but this grass roots effort seemed to take shape in an almost organic nature.The final Apopka Community Task Force on Violence meeting is tonight at 6:00 p.m. at the John Bridges Center located at 445 West 13th Street in Apopka.The event is entitled: Final Community Listening MeetingIt’s facilitated by Co-Chairs Rod Love and Ken Wilson, who are hoping for an interactive workshop tonight, driven by the community who will identify the problems and develop proposed solutions to be submitted to area leaders to address community based needs, i.e., mentoring programs, crime prevention activities, job coaching and placement as well gender specific services for males and females, according to Love.“The community has a role and a responsibility to play in this issue,” said Love. “But I think our elected officials have a role to play as well. I’m hoping to conclude this task force with a lot of great ideas and solutions tonight…just as we have gotten at every event throughout the three months of our work.”Tracy Maxwell, a retired military trainer, is an expert in the area of enhancing and developing alternative programs for youth. He will open the evening with a motivational speech. Maxwell is a dynamic and charismatic speaker based in Ocala, according to Love.Dr. Randy Nelson, a researcher and professor at Bethune-Cookman University, will also speak. Dr. Nelson is a nationally recognized law enforcement trainer in the area of community and law enforcement engagement techniques.The Task Force is encouraging clergy and civic leaders to come out and participate with constituents and hear their concerns as well as their proposed solutions. You have entered an incorrect email address! Please enter your email address here LEAVE A REPLY Cancel reply Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 The Anatomy of Fear TAGSApopka Community Task Force on violence Previous articleDeputies Free Bear Stuck in CarNext articleChief McKinley: Contact police before posting crimes Denise Connell RELATED ARTICLESMORE FROM AUTHOR Support conservation and fish with NEW Florida specialty license plate Share on Facebook Tweet on Twitter Save my name, email, and website in this browser for the next time I comment.
Year: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/888493/summer-house-cebra Clipboard Photographs “COPY” CopyAbout this officeCEBRAOfficeFollowProductsWoodSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesVejleDenmarkPublished on February 07, 2018Cite: “Summer House / CEBRA” 07 Feb 2018. ArchDaily. Accessed 11 Jun 2021.
Architects: Valero y Ochando arquitectura Area Area of this architecture project Marketing:Frank MorenoOn Site Manager:Alario ArquitecturaCity:ValenciaCountry:SpainMore SpecsLess SpecsSave this picture!© Milena VillalbaRecommended ProductsWoodParklex International S.L.Wood cladding – FacadeWoodBruagBalcony BalustradesMetallicsTECU®Copper Surface – Classic CoatedMetallicsKriskadecorMetal Fabric – Outdoor CladdingText description provided by the architects. On the outskirts of the city of Valencia, in the town of Picaña, in one of those residential areas of single-family houses in a row that surrounds it, the plot is located in a regular, flat way, located between party walls, with a pleasant breeze from the Mediterranean Sea, which is the starting point for the Casa Hen project.Save this picture!© Milena VillalbaClients come into contact with the Valero y Ochando architecture studio through word of mouth, thanks to other clients in the same area, with the knowledge and experience of the work already built.Save this picture!© Milena VillalbaThe house arises from the client’s need, a young married couple with two children, with more space for the family. One of the premises is to have outdoor areas for children’s play and that these, in turn, could be controlled by parents at any time. At the same time, they defined the number of rooms they needed for each activity. With these premises and prior knowledge of the area, taking into account the best way to orient the house, we began to work.Save this picture!© Milena VillalbaSave this picture!© Milena VillalbaSave this picture!Ground Floor PlanSave this picture!© Milena VillalbaThe trust placed in us by the owners was fundamental. A very fluid relationship between architect and client was established and its result is seen in the Hen House. The boundary walls on both sides and separation from them, constitute the starting point. The proposal is drawn between the traces of two overlapping rectangular prisms that contain the program, maximizing the conditions imposed by urban regulations and scaping from the constraints of traditional suburban housing on the urban periphery. In this way, a building is achieved that, responding to a type of housing between party walls, ends up becoming volumes with their own character, exempt from the rest that stands out strongly from the environment.Save this picture!© Milena VillalbaSave this picture!Upper Floor PlanSave this picture!© Milena VillalbaLiving at Hen House. The rectangular prisms are configured in such a way that most of the exterior space is freed on the ground floor given the limited dimensions of the plot and, at the same time, they form part of the interior of the house, perceiving great amplitude. The box that constitutes the upper floor is located orthogonal to the lower one, which allows great flights over the spaces freed up on the ground floor, achieving great expressiveness and solar control over these lower spaces.Save this picture!© Milena VillalbaSave this picture!© Milena VillalbaThe interior of the house is articulated around the staircase, in such a way that it modulates and organizes the circulations and their relationship with the rest of the spaces, both horizontally and vertically. The rooms are organized around the staircase, thus perceiving the whole of the lower floor through its open space and, the ground floor, configured as a single space that is compartmentalized and independent in different areas when necessary.Save this picture!© Milena VillalbaSave this picture!© Milena VillalbaThere is no gap. The light slides inside through the existing spaces between the mass, between the walls that configure the limits of the boxes. Complete sides of these prisms disappear, becoming complete glass enclosures sometimes or spaces between cabinets or furniture other times. Space is perceived as continuous, without limits, it is not confined in a box between four walls; it participates both inside and outside, appropriating and using the entire plot. The kitchen, separated by a wall that slides completely inside the wall to join the living room, continues into the outdoor space and pool.Save this picture!© Milena VillalbaThe sheet of water that constitutes the pool is attached to the walls that limit the bottom of the plot, achieving a continuity effect on the wall that comes out from the bottom of the water. This position of the water sheet prevents us from reaching the limit of the plot, reinforcing the concept of spatial continuity. Hen House is soaked in the light of the Mediterranean and offers a comfortable and open space to live with the family.Save this picture!© Milena VillalbaProject gallerySee allShow lessRACV Cape Schanck Resort / Wood MarshSelected ProjectsWarehouse House / Sebastián Mora ArquitectoSelected Projects Share Save this picture!© Milena Villalba+ 26Curated by Clara Ott Share Hen House / Valero y Ochando arquitecturaSave this projectSaveHen House / Valero y Ochando arquitectura “COPY” 2018 Area: 240 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/958843/hen-house-valero-y-ochando-arquitectura Clipboard Photographs Alicia Ochando, Jesús Valero Photographs: Milena Villalba CopyHouses•Valencia, Spain “COPY” Lead Architect: Houses ArchDaily Hen House / Valero y Ochando arquitectura CopyAbout this officeValero y Ochando arquitecturaOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesValenciaOn FacebookSpainPublished on March 25, 2021Cite: “Hen House / Valero y Ochando arquitectura” [Casa Hen / Valero y Ochando arquitectura] 25 Mar 2021. ArchDaily. Accessed 10 Jun 2021.
Sept. 9 — President Barack Obama and the White House are struggling mightily to override global and domestic opposition to a military adventure in Syria by trying to get Congress to vote for war.Washington is pulling out all the stops. White House Chief of Staff Denis McDonough went on all five Sunday morning television shows to push the war. Obama is appearing on six major TV networks tonight and will make a major speech tomorrow, all to try to reverse a growing momentum against the Syrian adventure.Polls show that even after having been saturated with accusations of chemical warfare atrocities by the Syrian government — accusations which have been simply asserted over and over but remain unproven — the population is overwhelmingly opposed to going into a new war.According to a Sept. 9 CNN/ORC International poll, nearly 60 percent of the people oppose a limited military strike. Some 55 percent said they’d oppose it even if Congress approved it, and 71 percent would oppose it if Congress turns it down.This poll probably underestimates the opposition because widespread anecdotal accounts by various legislators speak about margins of 100 to one and more opposing intervention. A small fraction of the opposition is anti-Obama from a reactionary direction.The G-20 meeting in St. Petersburg, Russia, highlighted the international isolation of Washington. China, India, Indonesia, Argentina, Brazil, Italy, Germany and South Africa joined Russia in opposing U.S. strikes against Syria. These governments represent close to 3 billion people. The only support for Washington came from Canada, France, Saudi Arabia and Turkey. (New York Times, Sept. 7)Washington has been waging a two-and-a-half year proxy war to try to overthrow the independent nationalist government of Bashar al-Assad of Syria. Tens of thousands of Syrian soldiers have died on the battlefield in defense of the country.The pro-Washington forces, the so-called Free Syrian Army, euphemistically dubbed “the rebels” by the capitalist media, have been militarily ineffective, filled with factional strife, splits, turf wars, resignations and in growing conflict with the al-Nufra and other Salafist (Islamic) forces.Meanwhile, the Syrian government and the Syrian army have shown their staying power, gaining on the battlefield. With the assistance of Hezbollah, they retook the major town of Qusair from the contras on June 6. Since that time the government forces have been gaining military momentum in Homs and other towns, and are on the offensive.Thus the U.S. plan to frame up the Syrian government with repeated lies about President Assad’s use of chemical weapons. Chief of Staff McDonough exhibited false bravado about the lies when he told the Sept. 8 New York Times, “No one with whom I’ve spoken doubts the intelligence. We’re not really debating the veracity of the central charge.”But McDonough undoubtedly had read the op-ed column in the New York Times of the previous day by Florida Democrat Alan Grayson of the House Foreign Affairs Committee. Grayson had attended a special briefing about the administration’s “evidence.”“The Syria chemical weapons summaries are based on several hundred underlying elements of intelligence information. The unclassified summary cites intercepted telephone calls, ‘social media’ postings and the like, but not one of these is actually quoted or attached — not even clips from YouTube. (As to whether the classified summary is the same, I couldn’t possibly comment, but again, draw your own conclusion.)”Grayson revealed that members who attended were not even allowed to talk to each other or question the validity of anything that was said! This is what the government does when it is covering up lies.This has all the earmarks of the “weapons of mass destruction” fraud perpetrated by the Bush administration in its drive to get approval for the 2003 invasion of Iraq.U.S. hypocrisy on weapons of mass destructionIt is the height of imperialist hypocrisy for the U.S. government to level charges of weapons of mass destruction against the Syrian regime and to claim humanitarian motives for carrying out an act of aggression.Washington is the only government to have used the ultimate weapon of mass destruction, the nuclear bomb, on Hiroshima and Nagasaki to end World War II in 1945. Actually, the U.S. Air Force inflicted more casualties than the atom bomb by creating firestorms over the major cities of Japan, incinerating hundreds of thousands of civilians. The U.S. killed up to 135,000 people in Dresden, Germany, with a similar firestorm.Washington dumped millions of gallons of Agent Orange pesticide on Vietnam, leaving a continuing legacy of cancer and birth defects, in addition to using napalm on the Vietnamese population. The U.S. military used cancer-causing depleted uranium shells in Yugoslavia and Iraq, leaving radiation that lasts thousands of years.The U.S. used the 15,000-pound “daisy cutter” in Vietnam and Afghanistan. The largest bomb in existence, it explodes above ground into thousand of fragments and destroys everything within a radius of 600 yards.In the battle for Fallujah in the second Iraq war, residents told reporters that the U.S. military used poison gas and rained down white phosphorous bombs on the city of 300,000 in an attempt to root out resistance fighters.This record of atrocities puts the struggle of Washington against chemical weapons in a different light.As far back as 2009, Hillary Clinton sent out a memo urging that a strong campaign be enforced to prevent Syria, Iran and North Korea from obtaining chemical weapons. Given the bloody history of the U.S. use of weapons of mass destruction, the idea that Clinton was motivated by humanitarian considerations is ludicrous.In fact, the countries on her list were precisely the ones that became the Obama administration’s “axis of evil” after George W. Bush destroyed Iraq. They are the countries targeted for overthrow, “regime change,” by U.S. imperialism.Chemical weapons can be viewed as defensive by formerly oppressed countries trying to prevent invasion by imperialist “great powers.” The attempt by the “great” nuclear powers to deny independent, sovereign, formerly colonial countries the right to stockpile chemical weapons is a purely military measure by the colonialists. The campaign against Iranian nuclear development is part of the same strategy.It is an attempt to eliminate these countries’ defenses in advance of imperialist attack. All the talk of humanitarianism is just a ruse for a military stratagem by the Pentagon and the White House.Washington’s monumental miscalculationsThe Obama administration, and the U.S. imperialists as a whole, have made a series of miscalculations with their Syrian adventure that have brought them to their present dilemma.Washington miscalculated the degree of mass opposition to the war among the population in the U.S. It miscalculated the widespread international opposition to a new war in the Middle East. And it miscalculated the determination of a large section of the Syrian masses to resist having their sovereignty destroyed and their country taken over by imperialism.Thus, after completely underestimating the mass resistance it would encounter, the Obama administration forced all the capitalist politicians into the position of having to face the ire of a war-weary population if they went on record approving an illegal act of aggression that could spiral into a massive conflict.Obama and his advisers no doubt felt that they could use patriotic propaganda and scare tactics to easily galvanize the population and the political establishment behind a war. This would politically strengthen Washington’s hand in the face of its international isolation. After all, there were many precedents: the 78-day bombing of Yugoslavia, two wars against Iraq, the war against Afghanistan and the war against Libya.But the plan to attack Syria has brought to light the fact that this is a new period. The position of U.S. capitalism and imperialism has deteriorated at home and abroad during this past decade of war and economic crisis.The disillusionment, disgust and anger at the Pentagon’s wars that have accumulated over the past decade had few means of expression. There was no mass anti-war movement. But the sudden lurch toward a new war has revealed this widespread opposition, invisible until now. The masses are sick and tired of war after 10 years. And they are deeply concerned about the devastating effects of on the current economic crisis.Capitalist ‘opposition’ conceals class issuesThe ruling class is split on the war. One only has to see the pages of the quintessential establishment newspaper, the New York Times. One day the front page has headlines and pictures against the war. The next day it has headlines and op-ed pieces for the war.The fact that opposition to the war is being carried out by capitalist politicians and imperialist spokespeople creates mass confusion and conceals class politics.The so-called “opposition” resorts to arguments such as “lack of evidence,” or the war won’t help the U.S. Sometimes it even goes so far as to say it is illegal.But the issues of importance to the workers and the oppressed are submerged.They are suffering prolonged mass unemployment, growing poverty, declining wages, cutbacks in social spending, racist attacks and police brutality, attacks on immigrant workers, the militarization of the borders, and a general decline in material conditions.The war will only intensify this suffering by feeding hundreds of billions of dollars more to the military-industrial complex, the war contractors and all their subcontractors, while the cities go bankrupt, services are cut and the rich get richer every day.This war will not only take its toll on the workers at home but will bring death and destruction to the Syrian workers and peasants, with whom the workers in this country have far more in common than they do with the oil companies that covet complete domination of the Middle East.Nor is this bourgeois opposition exposing the Pentagon, which seeks strategic territory in the Mediterranean, or the merchants of death and the Wall Street bankers who stand to benefit from war.The same bankers who are foreclosing on millions of homeowners, who are charging usurious interest rates to students and who are sucking the cities dry would love to set up shop in Syria, which is a commercial and economic hub on the Mediterranean.The bourgeois “opponents” do not talk about the mounting casualties of post-traumatic stress disorder among veterans; the epidemic of suicides among soldiers and veterans who have been destroyed by having to carry out brutal imperialist aggression; the vast number of maimed veterans in the hospitals and homes; the broken families; and the jobless and homeless veterans. But these are the pictures conjured up by the threat of a new war.All this highlights the decline of capitalism in the U.S. as well as the decline of global influence by U.S. imperialism. The imperialist allies are leery of being dragged into another disastrous military adventure by the overlords in Washington.But the architects of U.S. imperialism are in a great dilemma. As the international enforcer of the world order, Washington and the Pentagon resist stepping backward. To do so would be to show vulnerability and weakness, something an aggressive, adventurous super-power that claims domination over the whole world cannot do.Whether they find a way to postpone or step back from this new adventure for the moment, Washington and Wall Street are driven forward in their aggressive advance, all the more so as the economic foundation of their rule deteriorates with the economic crisis.This decline has the potential to open up a new, more widespread, working-class resistance to imperialist war. The passive resistance must be mobilized into active, conscious resistance. Struggle is the only way to stop war.Goldstein is author of “Low-Wage Capitalism” and “Capitalism at a Dead End,” which has been translated into Spanish as “El capitalismo en un callejón sin salida.”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
Home News Feed Interview with Don Villwock after House defeat of Farm Bill SHARE SHARE Interview with Don Villwock after House defeat of Farm Bill Facebook Twitter Interview with Don Villwock after House defeat of Farm BillIn an interview with Hoosier Ag Today, Indiana Farm Bureau President Don Villwock told HAT the lack of a Farm Bill leaves Indiana farmers in limbo, “Without a new Farm Bill, we will go into the wheat planting season with no crop insurance on the table. This kind of uncertainty does not bode well for the future.” He said the drought of 2012 showed just how well the crop insurance system works, “You did not see farmers lined up in Washington this spring begging for a handout of disaster relief.” Previous articleRFA Says Legislation to Repeal RFS the Wrong Policy for AmericaNext articleGrowth Energy Tells Congress the RFS is Working Gary Truitt By Gary Truitt – Jun 20, 2013 Facebook Twitter
News News South KoreaAsia – Pacific Organisation Forum on Information and Democracy 250 recommendations on how to stop “infodemics” Follow the news on South Korea Read the Hankook Ilbo journalists’ press release: June 28, 2013 – Updated on January 20, 2016 Seoul newspaper’s journalists locked out by owner On eve of the G20 Riyadh summit, RSF calls for public support to secure the release of jailed journalists in Saudi Arabia Receive email alerts Reporters Without Borders is appalled by the action of Chang Jae-ku, owner and chairman of the South Korean daily Hankook Ilbo, in locking out around 180 of his journalists on 15 June after some of them filed a complaint about his management of the newspaper. Certain staff members have been fired and replaced by Chang allies.“We take no position on the origins and nature and of the dispute between Hankook Ilbo’s employees and management, but we deplore the illegal methods used by the owner, which constitute a flagrant violation of the right of these journalists to report the news,” Reporters Without Borders said.“Chang’s direct interference in the composition of the newspaper’s editorial staff, with the aim of protecting himself from potential legal repercussions, is also appalling. We urge the courts to order him to stop barring journalists from their workplace in order to end the dire consequences that this affair has had on the production and dissemination of news by Hankook Ilbo.” The case goes back to 29 May, when part of the newspaper’s editorial staff filed a complaint with the Seoul public prosecutor’s office accusing Chang of “breach of trust” in his management of the newspaper.Chang responded by hiring around 15 security company guards to prevent 180 journalists, editorial writers and other employees from entering the newsroom on 15 June. According to the Korean Herald, force was used to eject two journalists who were already inside.Hankook Ilbo editor-in-chief Lee Young-sung was demoted and replaced by Jong-oh Ha, a retired editorial writer close to the owner. The management also appointed two new editorial writers.The journalists immediately began a series of demonstrations outside the building to draw attention to the lockout. The Hankook Ilbo Union Emergency Committee also issued a statement addressed to the international media. It said:“This is not a simple dispute between a labour union and a company. It is the fight of 180 reporters and editorial writers who gathered with the united goal of punishing a corrupt company owner attempting to exploit the editorial office system for his own personal gains, and with the goal of restoring the legitimacy of Hankook Ilbo as an authentic newspaper in Korea, where the press has a reputation of delivering one-sided stories (…) We will defend justice by fulfilling our mission to watch for abuse of power and criticize injustice as we always have been doing. We will not make an exception for the owner of our company.”Only half of the newspaper’s current content consists of articles by journalists. The rest consists of YonHap News Agency dispatches. South KoreaAsia – Pacific RSF_en November 19, 2020 Find out more Help by sharing this information to go further August 18, 2020 Find out more News November 11, 2020 Find out more RSF calls for the release of South Korean journalist jailed for defamation Related documents 130625_we_the_reporters_of_the_hankook_ilbo_want_to_return_to_work-2.docxVND.OPENXMLFORMATS-OFFICEDOCUMENT.WORDPROCESSINGML.DOCUMENT – 20.06 KB News
Government Mayor Urges Pasadenans to Keep Guard Up in Fight Against COVID-19 3 new infections reported in city By BRIAN DAY Published on Tuesday, September 8, 2020 | 3:29 pm Business News Your email address will not be published. Required fields are marked * Herbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeautyTop Important Things You Never Knew About MicrobladingHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyWhat Is It That Actually Makes French Women So Admirable?HerbeautyHerbeauty Subscribe Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pasadena Mayor Tornek said Tuesday he was glad to see the progress so far in battling COVID-19, but warned this is not the time to become complacent.Three new infections were detected in the city, and no additional fatalities, according to Pasadena Public Health Department data. Only a single infection was reported Monday.Pasadena had seen a total of 2,443 cases of COVID-19 and 117 deaths since the start of the pandemic.Despite the relatively low numbers, city health officials have cautioned that may be partially due to fewer people receiving tests over the holiday weekend.Tornek urged residents to not lose focus when it comes to combating COVID-19.“Some of you may be tired of hearing me tell you that until we have drugs that work, all we have to fight the infection are social distancing, cloth face covering, and good sanitation,” the mayor said in a video statement. “Happily, it seems that you are listening. We’re slowing the spread of the disease, and so more businesses are being allowed to reopen.”But the work is far from over, he said.“The challenge now is not to repeat what happened in July, when we relaxed, and the spread took off again,” Tornek said. “So please, let’s all keep doing what we’re doing: Wearing our face coverings and avoiding social gatherings. If we do, we can reopen even more businesses and get our kids back into school sooner. Remember, we really are all in this together.”Huntington Hospital reported treating 27 COVID-19 patients on Tuesday. Seven tests were pending.The Los Angeles County Department of Public Health announced 439 new infections and seven new deaths.“Today’s low number of new cases and deaths reflect both a lag in reporting and less testing availability over the holiday,” the agency said in a written statement.L.A.County had recorded 249,241 COVID-19 cases and 6,036 deaths since the onset of the pandemic.Just over 940 patients were hospitalized with the virus countywide on Tuesday, with 33 percent of them being treated in intensive care units.The county’s overall positivity rate stood at 10 percent, with more than 2.38 million tests administered, officials said.L.A. County Director of Public Health Barbara Ferrer thanked the public for modifying Labor Day celebrations to help stem the spread of the novel coronavirus.“As we prepare for schools reopening to provide services for high-need students that require in-person support, we all must do our very best to minimize participating in non-essential activities that create risk of virus transmission,” Ferrer said.“L.A. County is still among the California counties with high rates of community transmission. Before we get into cooler weather and flu season, we need to significantly lower the number of new cases,” according to Ferrer. “This is the only path forward that allows us to get more students back to school and reopen more business sectors.”Public health officials at the state level reported 2,676 new COVID-19 infections and 32 additional deaths. The state had seen 737,911 infections and 13,758 deaths, in all.The state’s average positivity rate over the past week was 3.8 percent, while the 14-day rate was 4.3 percent, the California Department of Public Health said in a written statement.As of Tuesday, Los Angeles County accounted for 34 percent of California’s COVID-19 cases and 44 percent of the state’s fatalities. 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Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Enhancing Digital Mortgage Efficiency Next: And Your Home Can Fetch … November 14, 2018 2,166 Views Share Save in Daily Dose, Featured, Government, News Banks Dodd-Frank Federal Reserve Financial Services Committee House Liquidity 2018-11-14 Radhika Ojha Data Provider Black Knight to Acquire Top of Mind 2 days ago Improving regulatory transparency and the Fed’s progress in making the post-crisis regulatory framework simpler and more efficient were the two main topics of discussion during The Federal Reserve Vice Chairman for Supervision, Randal Quarles’, semiannual testimony to the House Financial Services Committee on Wednesday.Opening the proceedings, Hensarling said that the Dodd-Frank Act had dramatically increased the Fed’s powers “way beyond its traditional monetary policy responsibilities.” “Through so-called “heightened prudential standards,” the Fed can functionally now control the largest financial institutions in our economy, which is most disconcerting,” Hensarling said. “Increased capital and liquidity standards, as long as they are not counter-productive or duplicative, add to stability; regulatory complexity and micro-management do not. If not properly tailored and calibrated, both hinder economic growth.” However, during his testimony, Quarles said that the Fed was making progress in making the post-crisis “regulatory framework simpler and more efficient.”Outlining the Fed’s initiatives, Quarles said, “I am mindful that this semiannual testimony—like my position as Vice Chairman for Supervision—is grounded in Congress’s efforts to strengthen and improve the nation’s regulatory framework following the financial crisis. “The motivations are clear: supervisory resources are not limitless, and supervision is not costless, either to the public or to supervised institutions. Activities and firms that pose the greatest risk should receive the most scrutiny, and where the risk is lower, the regulatory burden should be lower as well,” Quarles said.He pointed out that this principal had also guided the Fed’s implementation of the Dodd-Frank modifications or the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). He said that the Fed had already expanded the eligibility of community banking firms for the Small Bank Holding Company Policy Statement, and for longer, 18-month examination cycles; given bank holding companies below $100 billion in assets immediate relief from supervisory assessments, stress testing requirements, and some additional Dodd-Frank Act prudential measures; and implemented changes to liquidity regulation of municipal securities and capital regulation of high-volatility commercial real estate exposures.Speaking about the improvements in the regulatory framework that the Fed had made, Quarles told the committee that tailoring regulation and supervision to risk was a programmatic goal of the Federal Reserve policy and had been so for more than two decades. He told the committee that the Fed had taken a number of steps to further increase transparency and provide more information about its supervisory activity to the institutions it regulated as well as the general public.Giving the example of its recent improvising of supervisory rating systems for large financial institutions, he said that The new rating system would “better align ratings for these firms with the supervisory feedback they receive and will focus firms on the capital, liquidity, and governance issues most likely to affect safety and soundness.”Quarles told the committee that the Fed would make final a set of measures to increase visibility into the Board’s supervisory stress testing program. “The enhanced disclosures will include more granular descriptions of our models; more information about the design of our scenarios; and more detail about the outcomes we project, including a range of loss rates for loans held by firms subject to the Comprehensive Capital Analysis and Review,” Quarles explained. Giving a report on the safety and soundness of the U.S. Banking System, he said that the banking sector remained in strong condition and was in line with the strong performance of the U.S. economy, with “lending growth, fewer nonperforming loans, and strong overall profitability.”“Large institutions are well capitalized and liquid, and their capital planning and liquidity risk-management processes are improving. Ninety-nine percent of regional and community banks are currently well capitalized, and supervisory recommendations made to smaller firms during the financial crisis have largely been closed,” Quarles said. Starting the proceedings by acknowledging that he would be retiring as Chairman of the House Financial Services Committee soon, Jeb Hensarling, Chairman of the Committee congratulated the Democrats on their midterm win and ensured an efficient and peaceful transfer of power. “I don’t know who will chair the committee, although I have a pretty good idea,” he said in a clear indication towards Ranking Member Maxine Waters who is most likely to succeed him as the Chairperson.Before his opening statement, Hensarling acknowledged Waters’ longtime participation in the House Financial Committee. “I certainly would congratulate her on her accomplishment and congratulate her on all the times we have been able to work on a bipartisan basis,” he said.Thanking Hensarling for his offer to be of assistance in the transition, Waters, however, said that while it was thought that “I would chair this committee we haven’t gone through our formal process as yet. And I welcome and appreciate the opportunity to certainly have the support from my colleagues on this side of the aisle to chair this committee and I look forward to working with you in any and every way that I can,” she said.To view, the complete testimony click here. Print This Post The Best Markets For Residential Property Investors 2 days ago Tagged with: Banks Dodd-Frank Federal Reserve Financial Services Committee House Liquidity Quarles: “Supervisory Resources Are Not Limitless” About Author: Radhika Ojha Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / Quarles: “Supervisory Resources Are Not Limitless” Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago