3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Support for H.R. 1188, a bill introduced by Reps. Ed Royce, R-Calif., and Greg Meeks, D-N.Y., to raise the member business lending cap to 27.5 percent of assets for eligible institutions, was urged by NAFCU Monday in a letter to House leaders that was shared with all U.S. House members.In the letter, sent to House Speaker John Boehner, R-Ohio, and Democratic Leader Nancy Pelosi, D-Calif., NAFCU Vice President of Legislative Affairs Brad Thaler said H.R. 1188, the “Credit Union Small Business Jobs Creation Act,” would “help provide $13 billion to America’s small businesses and create over 140,000 new jobs.”“H.R. 1188 is a viable way to enable credit unions to assist our nation’s small businesses with their lending needs,” said Thaler.Introduced Monday, H.R. 1188 is similar to a bill offered last Congress by Royce and Rep. Carolyn McCarthy, D-N.Y. It would allow the NCUA Board to approve an application by an insured credit union for a 27.5 percent MBL cap under certain conditions. Among those: continue reading »
BLOG: Thank You PA National Guard, For Keeping Us Safe During The Storm January 25, 2016 Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf SHARE Email Facebook Twitter By: Governor Tom Wolf Blizzard 2016, The Blog, Weather Safety One motto of the Pennsylvania National Guard is “Always Ready, Always There.” This weekend was no exception for the 326 Soldiers and Airmen who were called to state active duty in support of Winter Storm Jonas. As a result, several hundred people were rescued from the elements, sheltered, fed, and provided emergency medical care. These heroic men and women are what we call “citizen soldiers,” and protecting our citizens here in Pennsylvania is their number one duty. For that, we are extremely grateful.PNG #Blizzard2016Of the 326 troops activated over the weekend, 87 deployed to assist hundreds of stranded motorists on the Pennsylvania Turnpike. This emergency occurred after several tractor trailers were unable to climb through the mountains toward the Allegheny tunnels between Bedford and Somerset, causing a backlog of vehicles. Due to that backlog, emergency crews could not get heavy-duty tow trucks to the scene to clear the trucks – leaving over 500 vehicles with nowhere to go. As the Turnpike worked with other state agencies to clear the backlog, the National Guard deployed with shovels, food, water, and chains to assist with driver checks and stuck cars.When buses arrived later in the day, the soldiers began helping people out of their vehicles to get them to warming shelters in Bedford. Over the course of this emergency situation, our troops delivered 4,000 meals to those in need.Statewide, a total of 19 PA National Guard missions were performed during the 72 hour operation. Duties included:Assisting stranded motorists with food and waterTransportation of medical personnel to patients in need of emergency servicesTransportation of Pennsylvania State Police and other law enforcement officers to their assigned duty locations and emergency callsMoving doctors, nurses and other essential medical personnel to and from public hospitalsDriving emergency operations center staffs to and from EOCsThe response to this historic winter storm by our men and women in uniform is just another example of why we are so proud of our Pennsylvania National Guard, and their commitment to our commonwealth. Thank you for your hard work and selfless service.
“In the Swiss market, there are a lot of asset managers that have had sustainable investments in place for decades”Sabine Döbeli, CEO of the Swiss Sustainable Finance (SSF) association“In the Swiss market, there are a lot of asset managers that have had sustainable investments in place for decades. They are well in [a] position to prepare the kind of offer that institutional asset owners need,” the CEO said, adding that on the other hand most pension funds are now working to define sustainable policies.Döbeli believes the Swiss market is prepared to continue to embrace sustainability as a mainstream approach for investments, although a number of asset managers are still at the start of the journey.“For this reason, we teamed up with SFAMA, the Swiss Funds and Asset Management Association, to develop recommendations on sustainable asset management that will be published next week. The guidelines encourage all mainstream asset managers to adopt sustainable investment strategies,” she added.The COVID-19 pandemic has sparked a debate on whether to stress social or environmental issues with regards to ESG policies.The Swiss Sustainable Finance association expects a shift towards social topics.“Clearly, climate change is a key challenge for our society and therefore has to be at the top of the agenda, but I also see that the crisis made people realize that it is important to take social factors into account, and I’m sure these topics will move up on both the political agenda and the one of investors,” Döbeli said.“Good governance is an important starting point to build sustainable strategies and “as an investor, you have to take E, S and G into account,” she concluded.To read the digital edition of IPE’s latest magazine click here. Overall, last year the volume of sustainable investments increased by 62% to CHF1.2trn. The figure covers sustainable investment funds (+147%), sustainable mandates (+195%) and sustainable assets of asset owners (+6 %).“What these figures really represent is a form of mainstreaming of sustainable investments. These kind of growth rates are only possible because an increasing number of asset managers and institutional asset owners are applying sustainability approaches to their broad assets,” Döbeli said.For the future, the study noted that asset owners and asset managers expect continued growth for sustainable investments with key drivers being the demand from institutional and private investors, legislative framework, political pressure, and pressure from the boards.“Our goal is to have 100% sustainable investments in a few years’ time. I don’t think there is a limit to this kind of growth, because in our view it does make sense to apply sustainability approaches in all asset classes and segments, of course in different forms depending on the asset class,” the CEO added.Equity investments rose by CHF194.4bn last year to CHF311.9bn – the largest shift recorded – among asset classes for sustainable investments, followed by corporate bonds with CHF208.9bn and sovereign bonds reaching CHF168.6bn.The report underlined that growth in equity investments can mainly be ascribed to asset managers increasingly considering ESG factors for funds that have large positions in equity and corporate bonds. Swiss investors are increasingly assessing the positive social and environmental impacts of investments in the real economy, Sabine Döbeli, chief executive officer of the Swiss Sustainable Finance (SSF) association, told IPE.“We have seen an interesting development in the past year with impact and outcome oriented approaches moving up on the list,” she said, commenting on the Sustainable Investment Market Study that SSF recently published with the Center for Sustainable Finance and Private Wealth (CSP) at the University of Zurich.According to the study, environmental, social and governance (ESG) engagement, ESG voting and impact investment recorded the highest growth rate among the different investment approaches in 2019, with the latest of the three up 209%.Institutional investors dominate the Swiss market of sustainable investment with a share of 79%, or CHF917.4bn (€850bn), but the private segment rose by 185% to CHF245.8bn.
The Foxes pulled off a surprise transfer coup this week in attracting former Argentina international Cambiasso to the King Power Stadium. Manager Nigel Pearson is confident the big-name signing will not upset the team harmony he has worked hard to nurture during his time at the club. “Certainly if somebody comes with the wealth of experience he has, I will probably – if I’ve an open enough mind – continue to learn from people like him. “I don’t see that as being anything other than positive. Managers learn as much from players, as players do from managers and coaches. “I’ve always had that sort of view, and hopefully I’ll continue to learn from my players as well.” Aside from the prospect of Cambiasso making his debut, Pearson has midfielders Marc Albrighton and Danny Drinkwater and striker Jamie Vardy available again following injuries, but midfielder Matty James (shin) and defender Matthew Upson (foot) are definitely out. Arsenal midfielder Aaron Ramsey returns from suspension. Midfielder Mikel Arteta continues to be sidelined with an ankle problem and s triker Olivier Giroud (tibia), full-back Kieran Gibbs (hamstring) and winger Theo Walcott (knee) are also in the treatment room. Boss Arsene Wenger recalls his visit to the Foxes in 1997 early in his Gunners reign when Dennis Bergkamp scored a hat-trick in a remarkable 3-3 draw. “I remember the first sensational goal with Dennis Bergkamp. Many times I have said that that goal is one of the greatest goals I’ve seen in my career,” Wenger said. “It was also my first experience with Ian Wright – he didn’t understand why I took him off. “I wanted to spare him some minutes at the end of the game, but Wright was always keen to play.” Cambiasso has made clear, even at the age of 34 and after winning numerous trophies during his previous 10 years with Inter Milan prior to his release this summer, he is eager to make history with City. But, as has been witnessed at numerous clubs in the past, such a stellar acquisition can often have an unsettling effect on those around them. Pearson, however, has no doubt about the type of player and character Cambiasso is, especially after seeing how well he was received by his new team-mates on Friday. “He’s been welcomed into the group, as you would expect him to be,” Pearson said of the 52-times capped international. “The players have been quite excited about the prospect of having somebody of that stature in the game being alongside them. “But Esteban will view himself as one of the players, one of the squad, which is a very positive thing.” Pearson also believes Cambiasso will be able to teach him a trick or two given the player’s “world-wide experience”. “I, like anybody, have a capacity to keep learning,” Pearson added. Esteban Cambiasso could make his Leicester debut against Arsenal if he receives international clearance in time. Press Association