Thank you Congressman McHenry

first_imgby. Henry MeierRepublican Congressman Patrick McHenry’s asking questions that NCUA should have answered a long time ago in advocating for risk-based capital reform. According to our good friends at CUNA, the Republican Congressmen is asking NCUA to inform him of:Any cost-benefit analyses performed by the NCUA or that otherwise form part of the administrative record in this matter;The metrics used to determine what asset classifications required revisions;A justification for the revised weighing associated with each individual asset class; andAn explanation of the extent to which NCUA examiners would be empowered to assess and make capital recommendations to credit unions that might deviate from the new RBC standards.NCUA keeps on saying it is committed to a transparent rulemaking process when it comes to RBC reform but, aside from making the impact of the proposal on credit unions publicly available on its website, the proposal has been short on specific explanations about how NCUA settled on the specifics. When a rule of this importance is proposed, it is typically accompanied by a section by section analysis explaining in detail why an agency is proposing the specific change. I know everyone likes to bash the CFPB, but they do such a thorough job of explaining what it is they want to do and why that you know a tremendous amount of thought was put into any one of its proposals. continue reading » 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Yuki Fukushima, Sayaka Hirota defeat Olympic champs to win Indonesia Open

first_imgJAKARTA – Yuki Fukushima and Sayaka Hirota defended their Indonesia Open women’s doubles title on Sunday by defeating Japanese compatriots and reigning Olympic champions Misaki Matsutomo and Ayaka Takahashi.In women’s singles, Japan’s Akane Yamaguchi, won her first title here, defeating India’s Olympic silver medalist Pusarla Venkata Sindhu 21-15, 21-16. GET THE BEST OF THE JAPAN TIMES Yuki Fukushima (left) and Sayaka Hirota pose with their gold medals after defeating Misaki Matsutomo and Ayaka Takahashi in the women’s doubles final match at the Indonesia Open badminton championship in Jakarta on Sunday. | AP KEYWORDS IN FIVE EASY PIECES WITH TAKE 5center_img Indonesia Open, Yuki Fukushima, Sayaka Hirota Fukushima and Hirota, currently the world’s second-ranked pair, won in straight games, 21-16, 21-18, in 51 minutes over their fourth-ranked opponents. RELATED PHOTOSlast_img read more

Women’s State Amateur wide open

first_imgLAYTON — With Annie Thurman accepting an invitation to play in the Utah Open this week, the Women’s State Amateur at Valley View Golf Course should be a wide-open affair.Thurman lapped the field last year in winning her second straight State Am title by a whopping 12 strokes at Park City. But she was invited to compete in the Utah Open along with professional Erin Dauby as the first women participants.Even though Thurman won handily last year after edging Carrie Summerhays by one shot the year before, some of the top golfers are disappointed that Thurman won’t be playing, even if it gives them a better chance of winning.”Some of the better golfers have expressed disappointment because they felt like she was beatable,” said Judy Ernst, president of the Utah State Women’s Golf Association. “They would have liked the chance to play against her.”Unfortunately they’ll never get the chance because Thurman plans to turn professional after her upcoming senior year at Oklahoma State.Probably every one of the 12 golfers in the championship flight has a chance to win the three-day tournament that starts this morning and ends Wednesday.BYU golfer Natalie Newren, who beat Thurman in the 2001 tournament and lost by just two shots the following year, is playing along with 2000 champion Tenille Howe-Slack. BYU golf coach Sue Nyhus, who has won two State Ams, is playing along with another of her players, Margaret Gibby.Gibby’s older sister Adrianne Olson, who also played at BYU and Newren’s older sister, Nicole Newren-Chandler, are also entered, along with Weber State golfers Lynsey Myers and Amy Mombert.Others to watch out for are three-time winner Lachell Poffenberger, who was runnerup last year, four-time winner Terry Hansen, Julie McMullin, Karen Killpack and Tori Fishburn. The tournament features eight flights with winners determined by gross scores rather than by net as in the past. E-mail: [email protected]last_img read more