President to Nominate Investment Banker for Treasury’s Senior Domestic Finance Position

first_imgHome / Daily Dose / President to Nominate Investment Banker for Treasury’s Senior Domestic Finance Position Antonio Weiss Financial Regulation U.S. Department of Treasury White House 2014-11-12 Brian Honea Related Articles President to Nominate Investment Banker for Treasury’s Senior Domestic Finance Position Share Save 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  Print This Post President Barack Obama will nominate Antonio Weiss, global head of investment banking at merger-advisory firm Lazard Ltd., for U.S. Treasury Under Secretary, the top domestic finance position with the government organization, according to a statement released by the White House.Weiss, 48, is replacing Mary Miller, who left the Treasury Under Secretary position in September. Matthew Rutherford has been serving as acting Under Secretary since Miller’s departure.The appointment of Weiss as Treasury Under Secretary must be confirmed by the U.S. Senate. As Treasury’s Under Secretary for domestic finance, Weiss will be responsible for implementing the Dodd-Frank Wall Street Reform Act and other financial regulation as well as coordinating capital markets, banking, and debt financing.Weiss has been with Lazard since 1993 and has served in various leadership positions with the company, including managing director, vice chairman of European investment banking, and global head of mergers and acquisitions. He graduated with a bachelor’s degree from Yale College and an MBA from Harvard Business School. At Harvard, Weiss was a Baker Scholar and Loeb Fellow in Finance.President Obama issued the following statement regarding the nomination of Weiss and three others to key administration posts on Wednesday:”I am confident that these experienced and hardworking individuals will help us tackle the important challenges facing America, and I am grateful for their service.  I look forward to working with them in the months and years ahead.”Lazard and Weiss have been the subject of some controversy due to the company’s alleged involvement in tax-inversion deals, which involve American companies changing their addresses to foreign countries which have more tax-friendly laws in order to avoid paying taxes imposed by the U.S. government. About Author: Brian Honea Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days agocenter_img Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Government, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Tagged with: Antonio Weiss Financial Regulation U.S. Department of Treasury White House Previous: Lender Does Not Plan to Relax Mortgage Credit Standards Next: Maryland Overtakes Florida for Nation’s Highest Foreclosure Rate November 12, 2014 863 Views Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

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20-year sponsor Jaz Products renews awards for all IMCA divisions

first_imgSANTA PAULA, Calif. (Feb. 2) – Jaz Products has renewed a contingency award program rewarding drivers in all IMCA divisions during a milestone sponsorship season.The Santa Paula, Calif., high performance parts manufacturer and retailer celebrates its 20th season as a mar­keting partner with the sanctioning body. A total of $14,100 in product certificates will be given to drivers based on national or regional point standings. Champions earn $500 certificates, with $300 for second, $200 for third, $100 for fourth and $75 for fifth place finishers in national point races for IMCA Late Models, IMCA Eagle Motorsports RaceSaver Sprint Cars, IMCA Sunoco Stock Cars, IMCA Sunoco Hobby Stocks, Karl Chevrolet Northern SportMods, Scoggin-Dickey Parts Center Southern SportMods and Mach-1 Sport Compacts. Jaz also returns to the national decal program for IMCA Xtreme Motor Sports Modifieds, with the same $500-$300-$200-$100-$75 payout structure in place for each of the five regions for that division.Modified drivers must display two Jaz decals in designated locations on their race car to be eligible for point fund shares. Jaz Products cer­tificates will be presented during the national banquet in November or mailed from the IMCA home office beginning the following week. Information about Jaz-manufactured seats, fuel cells and pit accessories, as well as safety equipment, seat belts, fuel accesso­ries and race car plumbing available for retail sale, is available by calling 805 525-8800, at the www.jazproducts.com website and on Facebook. “Jaz manufactures a wide range of safety-related products and is one of those organizations that is never at the center of any controversy,” IMCA Marketing Director Kevin Yoder said. “Their products are first class and the support they provide their dealer network and our members is outstanding. We’re proud to have partnered with Jaz for the last 20 years.”last_img read more

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Neymar, Mbappe injured ahead of PSG-Liverpool clash

first_imgParis, France | AFP | Paris Saint-Germain forwards Neymar and Kylian Mbappe are both in a race against time to recover from injuries in time for the crucial Champions League clash with Liverpool, the French club said Wednesday.PSG said a scan had showed that Neymar strained an adductor muscle in his groin in Brazil’s 1-0 friendly win against Cameroon on Tuesday.And Mbappe has a shoulder contusion after falling heavily in France’s 1-0 win over Uruguay at the Stade de France.“A 48-hour period of treatment will be undertaken to assess their clinical evolution,” PSG said.It appears likely that both players will miss PSG’s Ligue 1 match against Toulouse on Saturday, but their real target will be Wednesday’s Champions League match against Liverpool at the Parc des Princes.All four sides could still qualify for the knockout phase from Group C. Liverpool have the same number of points as leaders Napoli while PSG sit third, one point behind Liverpool and one point ahead of Red Star Belgrade.Neymar played down his injury, saying in an Instagram message that “it was nothing serious”. In Tuesday’s match, the Brazilian forward had treatment for an apparent groin problem after just five minutes and collapsed to the turf soon afterwards to boos from the crowd in the central English town of Milton Keynes.Brazil team doctor Rodrigo Lasmar also said on Tuesday the 222-million-euro ($253-million) player did not appear to have a serious problem.“He felt discomfort,” Lasmar said. “He will need a bit more time to evaluate it and take a scan, but in principle it is not a serious injury.”In Paris, Mbappe hurt his right shoulder as he challenged Uruguay goalkeeper Martin Campana for the ball in the World Cup winners’ victory.France coach Didier Deschamps said Mbappe, the 19-year-old forward who shot to global prominence at the World Cup, “had some shoulder pain after his fall”.Neymar’s replacement in the Brazilian lineup, Everton’s Richarlison, headed in on the stroke of half-time to secure victory for the Selecao.France won thanks to Olivier Giroud’s 52nd-minute penalty.Share on: WhatsApplast_img read more

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Top field for English Men’s County Finals

first_img A top quality men’s field will gather at Aldeburgh Golf Club in Suffolk this week to battle it out in the final of the English Men’s County Championship, from September 28-30.The four contenders for the crown, each representing one of the England Golf men’s groups, are BB&O (Berks, Bucks & Oxon) from the South East; Gloucestershire from the South West; Lincolnshire from the Midlands; and Yorkshire from the North.Yorkshire has dominated the championship over the years with 21 wins to their credit, with the latest in 2016. The other three counties have all been champions, but not for over 30 years. BB&O scored the last of their three wins in 1983, Gloucestershire has won twice, most recently in 1979. and Lincolnshire’s sole victory was in 1974.Between them they’re fielding impressive teams for the three-day round robin championship. In total there are five members of England’s winning team from the Men’s Home Internationals: David Langley (BB&O), Joe Long and Mitch Waite (Gloucestershire), with David Hague and Bailey Gill (Yorkshire).BB&O will also have Harrison Arnold, from England’s winning team at the Boys’ Home Internationals, and Tim Shin, who teamed up with Langley to win last weekend’s English Champion Club Tournament.Meanwhile, the Gloucestershire line-up also includes former boy international Jack Cope and Nick Day, the runaway winner of the English mid-amateur.Yorkshire’s team also includes the in-form teenager, Ben Schmidt who has recently won the English Boys’ County Champion of Champions and was runner-up in the English and Italian U16 championships. He’s eyeing a special double, having already helped Yorkshire to win the Boys’ County Finals.Lincolnshire’s team includes Sam Done, a regular on the national amateur circuit who reached the match play stages of both the British and English amateur championships. Also in the side is Simon Richardson, who has been county champion five times in the last six years – missing out only in 2015 – and who won the English County Champion of Champions in 2017.The championship starts on Friday when Lincolnshire play Yorkshire and BB&O take on Gloucestershire.The full teams are:BB&OHarrison Arnold, George Baylis, Adam Birdseye, Olly Huggins, David Langley, Alexander Nicholls, Timothy ShinGloucestershireJack Cope, Nick Day, Joe Harvey, Alex Ireland, Joe Long, Jake Phillips, Mitch WaiteLincolnshireLiam Bell, Jack Diment, Sam Done, Chris Haynes, Matthew Haynes, Simon Richardson, Adam WainwrightYorkshireSam Bairstow, Bailey Gill, David Hague, Lewis Hollingworth, Ben Hutchinson, Samuel Rook, Ben SchmidtCaption: Bailey Gill (pictured) is one of two players in the 2018 Yorkshire team who were also in the county’s winning side in 2016. The other is Ben Hutchinson. (Image copyright Leaderboard Photography) 24 Sep 2018 Top field for English Men’s County Finals Tags: Aldeburgh Golf Club, BB&O, County Finals, Gloucestershire, Lincolnshire, Men’s Golf, Yorkshirelast_img read more

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SA teen on top at Red Bull Ring

first_imgChampionshipVan der Linde now leads the championship with 80 points after three rounds with six remaining. Gatting is second with 72 points. “I had a great start in race two and made up a lot of places on the opening lap. Once I got to the front, it was just a case of maintaining the pace and making no mistakes. “I’m very happy with my first Volkswagen Scirocco R-Cup victories at the Red Bull Ring, which is a new circuit to me.” Would you like to use this article in your publication or on your website? See: Using SAinfo material PodiumWith fellow South African Pepper, like Van der Linde just 16 years of age, third, it was a proud moment for the two Johannesburg teenagers as they stood on the podium with 19-year-old Michelle Gatting of Denmark, who finished second. Van der Linde won Saturday’s race over 10 laps from pole position after it was shortened by two laps as a result of an accident. South African teenager Kelvin van der Linde dominated the second and third rounds of the international Volkswagen Scirocco R-Cup one-make series in Austria on Saturday and Sunday, with back-to-back victories on the Red Bull Ring in Spielberg. Gatting and Van der Linde were involved in a thrilling duel for the lead in Saturday’s race before the young South African got the upper hand and crossed the line with a 5.6-second advantage. 4 June 2013 SAinfo reporter The top eight finishers then started Sunday’s race in reverse order and Van der Linde took full advantage of a great start from eighth on the grid to move into the lead by the second lap. ‘Tough’“My start in race one was not good and Michelle put me under pressure right from the word go,” a happy Van der Linde said afterwards. “We were involved in a tough, but fair duel. It was an outstanding performance by the rising star of South African motorsport, who is competing for the first time in the one-make series and had never previously raced on the Austrian circuit. The 2012 South African Volkswagen Cup champion was ably supported by 16- year-old compatriot Jordan Pepper, who finished third in race one on Saturday and fifth in Sunday’s round in front of a large crowd which had gathered to watch the main attraction, the German Touring Car Championship (DTM). He steadily pulled away from the rest of the field to take the chequered flag by a comfortable 10.2 seconds from Gatting and 10.5 seconds ahead of Kasper Jensen. The next round is at the Norisring circuit in Germany on July 13. Four weeks ago, he made his debut in the series at the Hockenheimring grand prix circuit in Germany, where he qualified second and finished fourth despite losing the car’s power steering on the opening lap.last_img read more

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Azkals Eye 1st Asian Cup stint

first_imgJapan ex-PM Nakasone who boosted ties with US dies at 101 Antonio shares Italy lead; Torre rises Read Next A victory against Nepal will guarantee progress to the 2019 AFC Asian Cup, a first for the country.“I think this is as good as any chance for us to qualify so I’m not even thinking about the possibility of us not qualifying,” said Younghusband, who has four goals so far in the qualifiers.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutSitting on top of Group F with eight points, the Azkals still have one more game against Tajikistan at home.“This is perhaps one of the most important matches in our history,” said team manager Dan Palami. Trending Articles PLAY LIST 00:50Trending Articles02:49World-class track facilities installed at NCC for SEA Games00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Typhoon Kammuri accelerates, gains strength en route to PH LATEST STORIES Don’t miss out on the latest news and information. View comments CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA MOST READ Having enjoyed his first trip to Nepal five years ago when the Philippines reached the AFC Challenge Cup semifinals for the first time, Azkals skipper Phil Younghusband is hoping to achieve a bigger, more important goal this time.When Younghusband leads the Azkals out at ANFA Stadium against the host country in Kathmandu on Tuesday, the team will be carrying the dreams of a nation that has so long been aching to play with the elite.ADVERTISEMENT Stronger peso trims PH debt value to P7.9 trillion QC cops nab robbery gang leader, cohort John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Brace for potentially devastating typhoon approaching PH – NDRRMC Kammuri turning to super typhoon less likely but possible — Pagasalast_img read more

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Australia Wins Fifth World Cup Division

first_imgThe Men’s Open team has won a thrilling encounter against New Zealand this afternoon, winning 7-6. With a player sent for a period of time for the final two minutes of the match, things could have ended differently, but Australia dug deep and defended strongly to take out the match and the title. The Women’s Open team, after conceding the first touchdown, didn’t look back, to take the 5-3 win over New Zealand. The Mixed Open team came back from an early 3-0 deficit to eventually take the game 10-7.The Men’s 30’s were 18-2 winners over England, while the Men’s 35’s were 11-6 winners over South Africa. In the earlier game, New Zealand beat Australia 5-4 in the Men’s 40’s division.Australia has also lost its Senior Mixed final in a drop off, 7-6.More to come. Stay tuned to the website for all of the latest news and information.last_img read more

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Jamaica Poised for More Investments from China

first_img Jamaica is poised to benefit from significant economic and infrastructural development initiatives under a new Memorandum of Understanding (MOU) with the People’s Republic of China.Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Kamina Johnson Smith, and Chinese Ambassador to Jamaica, His Excellency Tian Qi, signed the agreement under the Belt and Road Initiative (BRI), at the Ministry’s New Kingston offices on Thursday (April 11).The BRI is a new model of international development cooperation, promoting broad and inclusive connectivity across countries and regions. It also provides a powerful framework to ensure that development cooperation brings shared benefits to China and its partners.Jamaica is the fifth Caribbean nation to sign on to the BRI, following Trinidad and Tobago, Suriname, Guyana and Barbados. Through the initiative, the Chinese are expected to invest heavily in a country’s infrastructure and economy.Senator Johnson Smith said the MOU allows the two countries to identify specific proposals for projects in priority areas.“With today’s signing of the MOU, our two countries must now… develop a mechanism by which projects and programmes in priority areas may be proposed and evaluated at the technical level, forming the basis for potential agreements,” she noted.She said that under the BRI, Jamaica and the People’s Republic of China will seek to deepen collaboration so as to promote greater connectivity in the areas of trade, facilities and infrastructure, policy coordination, financial systems and people-to-people connections.“Such connectivity and the potential it holds can serve as a catalyst for bringing Jamaica closer to attainment of our economic growth and sustainable development goals,” she added.Senator Johnson Smith said that the new framework, coupled with existing bilateral mechanisms “can provide impetus for increased trade and investment as well as channel support to critical sectors, such as infrastructure, logistics, and manufacturing”,She noted that over the years, Jamaica and the People’s Republic of China have forged a mutually beneficial partnership transcending distance, size, level of development and culture.The partnership between the two countries has resulted in many tangible outcomes, she said, citing acquisition of Alpart in 2016 by Jiuquan Iron and Steel Company (JISCO) and the proposed development of an industrial park and special economic zone alongside the JISCO/Alpart operations in Nain, St Elizabeth.The Minister further mentioned the western children’s hospital project, completion of two state-of-the-art early-childhood institutions last year, as well as the Bright Journey Eye Care Mission now under way at the Kingston Public Hospital (KPH), where hundreds of persons are receiving cataract surgeries.Additionally, she said that hundreds of Jamaicans have travelled to China on scholarships and training programme annually and have returned to the island to contribute to national development.“These are but a few of the many projects which demonstrate the positive impact of bilateral cooperation with China,” Senator Johnson Smith noted. Story Highlights Jamaica is poised to benefit from significant economic and infrastructural development initiatives under a new Memorandum of Understanding (MOU) with the People’s Republic of China. The BRI is a new model of international development cooperation, promoting broad and inclusive connectivity across countries and regions. It also provides a powerful framework to ensure that development cooperation brings shared benefits to China and its partners. Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Kamina Johnson Smith, and Chinese Ambassador to Jamaica, His Excellency Tian Qi, signed the agreement under the Belt and Road Initiative (BRI), at the Ministry’s New Kingston offices on Thursday (April 11).last_img read more

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NYK Line Downgrades Profit Forecast

first_imgzoomImage Courtesy: Pixabay under CC0 Creative Commons license Japanese shipping company NYK Line has lowered its forecast for the interim and full year consolidated financial results.Based on the previous forecast for the interim results covering April-September 2018 period, NYK Line said its anticipated revenue was JPY 905 billion and a profit of JPY 8 billion (around USD 72 million). However, these figures have been cut to JPY 890 billion worth revenues and a profit of JPY 3 billion, down by 62.5 percent.For the full year ending March 31, 2019, the revenue has been downgraded from JPY 1.805 trillion to JPY 1.260 trillion, while the full year profit forecast was cut from JPY 29 billion to JPY 12 billion, down by 58.6 percent.NYK Line ascribed the revision to, among other things, higher than expected one-off costs related to the launch of the Ocean Network Express with K line and MOL. The JV signaled the termination of NYK Line’s liner business.In addition, the group’s airline business Nippon Cargo Airlines (NCA) temporarily suspended all of itsaircraft operations from June 17, 2018, to confirm the airworthiness of the company’s aircraft.last_img read more

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