Major shift possible in financial rule-making

first_imgMajor rules proposed by financial regulators, such as the NCUA, would have to be approved by Congress before they could take effect, according to a draft of the Financial Services Chairman’s Financial CHOICE Act released Wednesday.The draft, totaling almost 600 pages, includes that provision, which also is found in legislation the House passed earlier this year.The Financial Services Committee will hold a hearing on the bill on April 26. Witnesses for that hearing have not been announced.Hensarling’s bill would overhaul Dodd-Frank, decreasing the powers of the CFPB, which would be transformed into a law enforcement agency. continue reading » 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Betfair US 2020 – Biden takes pole position but punters side with Trump

first_img StumbleUpon Related Articles Submit Bakhshi and Shaddick launch ‘Art of the Possible’ podcast tracking US 2020 developments August 10, 2020 Share Share Flutter moves to refine merger benefits against 2020 trading realities August 27, 2020 ‘Deal maker’ Rafi Ashkenazi ends Flutter tenure  August 27, 2020 Fourth of July celebrations could not hide President Donald Trump’s struggles to retain his administration, as Betfair Politics stated that Joe Biden is now 8/11 favourite to win the upcoming US 2020 Presidential Election (3 November).Tracking a ‘nightmare June’ for Trump, in which his Presidency has been scarred by the social unrest caused by the COVID-19 lockdown and Black Lives Matter protests against police brutality, Trump has seen his national approval rating slump to 41% across all major polls.Monitoring developments, Betfair Politics stated that Trump’s ‘low polls correlate strongly with odds’ currently traded on its US 2020 market, in which he has become the ‘least likely US President’ to retain the White House priced on current odds of 15/8.Darren Hughes, spokesman for Betfair Politics commented: “Trump has had a disastrous three-month period since the coronavirus outbreak hit the US, which has seen his odds go from 4/6 (suggesting a 60% chance of re-election) in early March, right out to 15/8 (35%).“Such has been the detrimental effect of this time, Betfair Exchange suggests there is a 10% chance that he won’t even run for election, which is unheard of for a sitting President”.Despite widespread criticism of Biden running a lacklustre campaign against Trump, Betfair underlined that the former Vice President has flipped US 2020 trading since May. To date, Betfair reveals a total of £85 million traded across all US 2020 markets, in which Trump maintains his popularity with punters against the polls with £26 million wagered on him retaining his Presidency against Biden’s £10 million.Detailing a higher wagering volume across all US 2020 markets, Betfair noted that punters are turning their attention to which ‘Swing States’ will be in play come November polling.   “Biden’s chances of election can be easily juxtaposed against Trump’s – having been as big as 99/1 in February, when Bernie Sanders looked sure of securing the nomination, Biden’s odds have steadily contracted, to a low of just 8/11 (58% chance). “Biden has had a steady stream of support and endorsements from all sides of the Democratic party, including Barack Obama, and despite a few less-than-impressive media performances, he appears to be firmly in the driving seat to win the election should he be able to maintain this momentum.’’One of the more surprising events of the Independence Day celebrations came in the form of rapper Kanye West throwing his hat into the ring as he announced his bid to become the next US president. Having previously teased at the possibility of running for President, the rapper’s odds collapsed from 999/1 to 129/1 over the weekend. Hughes added: ‘‘His wife may be best known for ‘breaking the internet’, but Kanye West himself shocked the world, and US Presidential betting markets, last night with his announcement that he intended to run for President later this year, sending his odds on Betfair Exchange tumbling from 999/1 to 129/1 overnight, with many states still allowing nominations for independent candidates to be added to the ballot.‘‘West’s close friendship with President Trump has seemingly done little to deter him, and close friend and ally Elon Musk was on hand to tweet his support early on for the billionaire rapper.‘‘One man unlikely to be happy with this news is Joe Biden, who has seen his chances go from 8/11 (59%) to 4/5 (55%) overnight on the back of West’s announcement. President Trump, however, has seen his odds contract significantly, from 15/8 (34%), to 8/5 (39%), with punters perhaps feeling his past friendship with West will be in his favour.‘‘Should West follow through on his announcement, it will be just the latest twist in what has already been a bizarre election cycle- though hopefully not quite as bizarre 949/1 odds on Dwayne ‘The Rock’ Johnson becoming President coming to fruition.’’last_img read more

Huskies avoid comeback loss for second straight win

first_imgThursday’s game started as ideally as a hockey game could for the hometown Huskies. The team’s newly assembled second line of Tyler Norris, Shawn Holliday and Owen Barker went to work in the offensive zone, as Norris showed some solid board play to protect the puck along the wall. Barker located the puck, took it to the net, and Holliday finished the play off, beating Vipers goaltender Braydon Glinnum for a 1-0 lead.The offence began to snowball as the period progressed, as Brighton Campbell laid a big open ice hit causing a turnover, which was picked up by Robbie Sidhu, fresh off a one game suspension.He skated half the length of the ice with the puck, and went wide on two Viper defenders, shooting and scoring glove side, producing a 2-0 Huskies lead.- Advertisement -The lead was extended further before the conclusion of the first, as the Huskies second line went to work once again, a theme that continued throughout the game. Barker carried the puck into the offensive zone, making a pass to Norris stationed to the left of Glinnum along the goal line. Norris spotted Holliday back door, made a nice pass to get him the puck, and Holliday made no mistake, burying the puck into the partially empty net.Credit must also be given to starting goaltender Travis McLean, who made a gigantic save with 11:30 left in the frame. After a Sexsmith shot rebounded to the right of McLean, leaving a Viper a wide open cage to put the puck in, the Huskies goaltender showed his lower body strength by kicking out his left pad, preventing the puck from crossing the goal line, a play that eventually would prove extremely important for the Huskies.The second period increased the intensity inside the North Peace Arena from level five to a solid nine. The middle frame started with Sexsmith showing they had no intention of being shut out Thursday, scoring on the power play with 5:02 into the second, bringing the score to 3-1.Advertisement However, the Huskies showed strong mental toughness, and following being awarded a power play in the final two minutes of the game, they executed the man-advantage to perfection. With the puck along the half wall, Sidhu spotted a pinching Daylen Pearson, passing the puck through two sticks to reach the D-man, who made no mistake, scoring the game winner with only 12 seconds remaining, sending the Huskies, and their fans into a frenzy of cheers, as the team secured a hard fought 6-5 win.Following a string of losses in November, Thursday’s win marks the team’s second straight win, bringing them just one point behind both Sexsmith and Fairview in the standings.The game was a solid one for Fort St. John’s offence, as the team’s leading scorer Robbie Sidhu had three points (1 G, 2 A), while the newly assembled second line of Holliday, Barker and Norris combined for 9 points. It was also a strong performance from goaltender Travis McLean, who made 29 saves for the win.Following the game, Huskies head coach Gary Alexander spoke about his new creation of the team’s second line.”They had some good chemistry with one another out there, and we’ve been mixing line and bodies all winter long to try to find some chemistry that would give us some secondary scoring, and that’s going to help big time if they can carry it on.”Advertisement The Sexsmith goal seemed to motivate the Huskeis, as the pups responded courtesy of the team’s top line. Blair Karasiuk scored 5:02 into the second, with fellow first lines Robbie Sidhu and Dylan Houle registering assists on the play.The Huskies didn’t stop there, as roughly two minutes later, Fort St. John’s second line furthered their case to continue playing together, as Shawn Holliday scored to complete his hat-trick, with assists going to Barker and Norris.With the Huskies leading 5-1, the cakewalk became an uphill grind, as Sexsmith came to life with 7:21 left in the second, scoring three goals before the period concluded, all of which were at even-strength, wrapping up the middle frame with a 5-4 Huskies lead.Thursday’s game seemed to be following the same route as the Huskies’ previous two meetings with the Vipers, when they led entering the third in both of those games, only to fall victim in comeback losses. That theme was close to continuing, as the Vipers scored with 3:51 left in the period, tying the game at 5-5, and sucking the life out of the North Peace Arena.Advertisementcenter_img Alexander added that the game winning play was one the Huskies have worked in practice, and the coaches praised his players for ‘executing it to a ‘T’”.He says it’s a big win for his club, who can hopefully carry that momentum into Slave Lake this weekend, when the Huskies play back-to-back games against the Wolves on Saturday evening and Sunday afternoon.Saturday’s game will begin at 8 p.m., with Sunday’s matinee starting at 2 p.m. Both games can be heard live on 100.1 Moose FM, with the Moose FM Pre-Game Show starting 15 minutes before puck drop.To listen live, click here.last_img read more