Congressional leaders echo CUNA’s call for rulemaking pause

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Sen. Sherrod Brown (D-Ohio), ranking member of the Senate Banking Committee and Rep. Maxine Waters (D-Calif.), chair of the House Financial Services Committee, have echoed CUNA’s call for a pause in rulemakings from federal regulators unless they are designed to help them during the coronavirus (COVID-19) outbreak.Such a moratorium was first on the list of suggestions in a letter CUNA sent to the administration this week outlining changes that could help credit unions better serve members affected by the COVID-19.CUNA’s letter to the administration called on NCUA and the Consumer Financial Protection Bureau to “suspend all pending rulemakings – and not propose additional rulemakings – except those intended to reduce regulatory burden or to facilitate credit unions service to members during this crisis.” continue reading »last_img read more

Wide open Kentucky Derby awaits after favourite scratched

first_img(REUTERS) – The Kentucky Derby is the first step toward Triple Crown glory and this year’s ‘Run for the Roses’ is more wide open than it has been in years after race favourite Omaha Beach was scratched due to injury.The betting line for today’s race went through a big shake-up after Omaha Beach, who was installed as the early 4-1 favourite, was pulled from the event on Wednesday after developing a non-life-threatening breathing problem.The absence of Omaha Beach opens the door for Hall of Fame trainer Bob Baffert, who is seeking to tie all-time trainer record for Kentucky Derby wins with six and now has the top three favourites in Game Winner, Roadster and Improbable. The top choice, at 9-2, is Game Winner, followed by Roadster and Improbable, who were both given 5-1 odds.But Baffert, who trained both American Pharoah and Justify to their Triple Crown wins in 2015 and 2018, respectively, is not getting ahead of himself going into the 1-1/2 mile race at Churchill Downs. “There are a lot of good horses in here,” said Baffert. “Unless we see something different on Derby Day, this is a nice evenly matched group of horses. I don’t see someone really popping off the screen.” Hall of Fame jockey Mike Smith, who rode Justify to a Triple Crown and was supposed to be aboard Omaha Beach today, was named yesterday as a late replacement for Corey Lanerie aboard 30-1 longshot Cutting Humor.Another horse to watch will be Maximum Security (10-1) as the Jason Servis-trained bay colt enters the Kentucky undefeated in his four starts. The Kentucky Derby field was reduced to 19 horses yesterday when longshot Haikal was scratched with an abscess on left hoof. As a result, the rail will remain empty as War of Will, who had drawn the No.1 post, will now break from the second gate.There is rain in the forecast today and while it may stop by the time the horses set off at 18:46hrs ET (2246 GMT) it is most certain they will contest the race on a wet track. Wet conditions will prove beneficial to some horses, perhaps none more so than War of Will (20-1), who last November raced on a muddy track at Churchill Downs in his first start on dirt and breezed to a five-length victory.But the Mark Casse-trained colt may need all the help he can get after an unfavourable draw has the son of hot Sire War Front starting from a post that has not produced a winner since 1978.last_img read more

Stephen F. Austin upsets Duke with stunning fast-break buzzer-beater

first_img“I was confident. I just wasn’t sure if the dude was gonna foul me at the end. I wanted to get it on the rim just to give us a chance. You do lay-up drills the moment you touch a basketball and that was just another one. It’s a different pressure when someone’s chasing your back for the game buzzer, but that’s a lay-up.”Stephen F. Austin’s upset over top-ranked Duke marks the third time this season that college basketball’s No. 1 team has fallen. Preseason No. 1 Michigan State lost on opening night to then-No. 2 Kentucky. The following week, the newly ranked No. 1 Kentucky lost at home to Evansville, allowing Duke to take over the top spot.The win snaps Duke’s 150-game nonconference winning streak that dates all the way back to 2000, which was the longest in the nation. It was also reportedly Duke’s first loss to an unranked, non-Power Conference team since losing to Wagner in 1983. MORE: Georgia’s Anthony Edwards thrills NBA scouts, chills Michigan State with 37-point Maui outburstWith both teams tied at 83 in overtime, on what could have been the last possession of the game, Duke’s Tre Jones looked inside for Matthew Hurt for the go-ahead score. His errant pass was knocked away and stolen by Lumberjacks forward Gavin Kensmil, setting up a wild breakaway attempt in the closing seconds. Kensmil fed the ball to Nathan Bain, who sped down the court after the loose-ball scramble and laid the ball in as the buzzer sounded for the win.The full sequence is below:Stephen F. Austin upsets No. 1 Duke in a stunning finish! 😳pic.twitter.com/5zy1Z03Zdc— Sporting News (@sportingnews) November 27, 2019Said Bain of the play: “I saw my teammate grab it and I looked up the clock. We had about 2.6 seconds, I was like, ‘I gotta get on my horse.’ Then nobody saw me so I’m just trying to go as fast as I can to lay it up, like a lay-up drill. I could feel the dude on my back, so I laid it up and just prayed it’d go in. Stephen F. Austin pulled off a stunning upset over No. 1 Duke on Tuesday, capturing a 85-83 overtime victory in an instant classic.The Lumberjacks, who entered the game as 27.5-point underdogs, clawed back from a 15-point second-half deficit to shock a star-studded Blue Devils team. That comeback was capped with an improbable final play.last_img read more