I’m not Pakistan team’s dietician nor mother: Sania Mirza responds to scathing attack from Veena Malik

first_imgWhile India beating Pakistan in World Cups is no news anymore, the aftermath of Pakistan’s defeat against their arch-rivals has left many at the mercy of unnecessary bashing and criticism. Indian tennis ace Sania Mirza, who is married to Pakistan all-rounder Shoaib Malik often finds herself at the centre of such storms. And after Pakistan’s loss on Sunday, it wasn’t any different for her.When pictures of Sania and Shoaib sitting in a Manchester restaurant ahead of the India-Pakistan clash, along with their new-born son surfaced on social media, Pak actress Veena Malik took to Twitter to point out to Sania that she was worried that such places are ‘hazardous’ for kids.”Sania, I am actually so worried for the kid. You guys took him to a sheesha place isn’t it Hazardious? Also as far as I know Archie’s is all about junk food which isn’t good for athletes/Boys. You must know well as you are mother and athlete yourself?”: tweeted Veena.Sania, I am actually so worried for the kid. You guys took him to a sheesha place isn’t it Hazardious? Also as far as I know Archie’s is all about junk food which isn’t good for athletes/Boys. You must know well as you are mother and athlete yourself? https://t.co/RRhaDfggusVEENA MALIK (@iVeenaKhan) June 17, 2019The comment seems to have infuriated Sania and she shot back her stern reply by saying that she cares about her son ‘more than anyone else’.”Veena, I have not taken my kid to a sheesha place. Not that it’s any of your or the rest of the world’s business cause I think I care bout my son a lot more than anyone else does. I am not Pakistan cricket team’s dietician nor am I their mother or principal or teacher”: read Mirza’s reply to Veena.advertisementVeena,I hav not taken my kid to a sheesha place. Not that it’s any of your or the rest of the world’s business cause I think I care bout my son a lot more than anyone else does 🙂 secondly I am not Pakistan cricket team’s dietician nor am I their mother or principal or teacher https://t.co/R4lXSm794BSania Mirza (@MirzaSania) June 17, 2019Later Mirza seemed to have mellowed down and while trying to end the discussion she wrote: “Thank you for your concern though. Means a lot”To know when they sleep,wake up and eat ..thank you for your concern though .. means a lot https://t.co/R4lXSm794BSania Mirza (@MirzaSania) June 17, 2019Mirza, later announced that she was taking a break from the social media site by saying: ‘Twitter cracks me up.. and some ppl for sure .. you guys really need other mediums of taking your frustrations out ..peace out guys… it’s break time’.Twitter cracks me up and some ppl for sure .. you guys really need other mediums of taking your frustrations out ..peace out guys it’s break timeSania Mirza (@MirzaSania) June 17, 2019Also Read | Sania Mirza takes a Twitter break after being trolled for Pakistan’s loss vs IndiaAlso Read | World Cup 2019: I won’t be going back home alone – Sarfaraz Ahmed warns Pakistan teammateslast_img read more

a month agoEx-Real Madrid president Calderon: I’m outraged Ronaldo was sold

first_imgEx-Real Madrid president Calderon: I’m outraged Ronaldo was soldby Carlos Volcanoa month agoSend to a friendShare the loveFormer Real Madrid president Ramon Calderon has again hit out at the sale of Cristiano Ronaldo.Ronaldo left Madrid for Juventus over a year ago – and Calderon says the club is yet to recover.He told AS: “He should never have left, it’s amazing that he was let go. “It’s impossible to do without such a player. 60 goals per season … no player can bring you such a guarantee. He is irreplaceable, just like (Lionel) Messi. “I am outraged that this may have happened, while (president) Florentino (Perez) keeps saying that Cristiano’s signature was the best of his mandate.” TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your saylast_img read more

5 days agoInter Milan directer Marotta details Alexis plans

first_imgAbout the authorCarlos VolcanoShare the loveHave your say Inter Milan directer Marotta details Alexis plansby Carlos Volcano5 days agoSend to a friendShare the loveInter Milan directer Beppe Marotta says they won’t seek to buy a replacement for the injured Alexis Sanchez.The Nerazzurri have lost Sanchez for two to three months following ankle surgery, as he damaged tendons while on international duty for Chile.“We designed the squad in a specific way and we would’ve been happier without Alexis Sanchez’s injury, of course, but we are also optimistic and trust he’ll be back within two months,” Marotta told DAZN.“After that, our forward line will remain unchanged. We have a competitive side in attack with different options.“The January transfer window is open to clubs, even if the top players are rarely available to move during that period. It’s our duty to be vigilant and see what opportunities the market offers.” last_img read more

House GOP leaders delay tax plan release amid changes

first_imgWASHINGTON – House Republicans, straining to make last-minute changes to their far-reaching tax proposal, on Tuesday delayed the rollout by a day after they failed to finalize the details.The plan pushed by President Donald Trump and Republican leaders in Congress is a top legislative priority. The details originally were to be unveiled on Wednesday, but that was delayed until Thursday, said Rep. Kevin Brady, R-Texas, chairman of the tax-writing Ways and Means Committee.The committee had worked throughout the day and evening to produce a plan for the first overhaul of the nation’s tax code in three decades.“We are making excellent progress. We are very close,” Brady told reporters late Tuesday night. “A lot of work remains with the drafters, they are continuing to work through the night. We are moving forward.”At the White House, an official said Trump looked forward to seeing legislation this week, adding the administration was confident the delay wouldn’t affect the ultimate timing of the bill. Brady said his panel plans to vote on the bill next week.Although they had settled on some key details — such as a cut in the corporate tax rate to 20 per cent and maintaining the top personal income tax rate for the wealthy of 39.6 per cent — other elements still had to be resolved, including the income levels for the tax brackets.Trump has intensified his lobbying for the nearly $6 trillion tax overhaul plan, seeking a major legislative achievement after the collapse of the health care repeal. Republicans see taxes as a political imperative that will decide whether they keep their congressional majorities in next year’s midterm elections.The president set an ambitious timetable and predicted a grand signing ceremony before Christmas at “the biggest tax event in the history of our country.”Late Tuesday, Trump renewed his cheerleading on Twitter.“The Republican House members are working hard (and late) toward the Massive Tax Cuts that they know you deserve. These will be biggest ever!”The plan originally unveiled by Trump and congressional Republicans called for shrinking the number of tax brackets from seven to three, with respective tax rates of 12 per cent, 25 per cent, 35 per cent. That plan drew immediate criticism from Democrats, who complained it was too favourable to the wealthy and undermined Trump’s rhetoric about it benefiting the middle class.The current Republican plan calls for nearly doubling the standard deduction used by most average Americans to $12,000 for individuals and $24,000 for families, and increasing the per-child tax credit. In addition to slashing the corporate tax rate, it also seeks to repeal inheritance taxes on multimillion-dollar estates, a big break for the wealthy.Brady did not answer directly when he was asked — while leaving House Speaker Paul Ryan’s suite Tuesday — whether the drop in the corporate tax rate would happen immediately. But, he said: “I want as much growth right from Day One as I can.”Trump intensified his lobbying for the tax overhaul plan even as its shape was still under negotiation by the Republicans on Capitol Hill.“The process is complicated but the end result will not be that complicated. It’s going to be: People are going to pay less tax by a lot, companies are going to pay less tax by a lot – that’s a big difference — and companies are going to start rebuilding and they’re going to stay here,” Trump said in the Roosevelt Room, where he was joined by the heads of more than a dozen business and trade allies.Trump said he’s directing Treasury Secretary Steve Mnuchin, White House economic adviser Gary Cohn and other administration officials to stay behind when he heads for Asia on Friday so they can help sell the tax proposal. The White House said Ivanka Trump, the president’s daughter and adviser, had cancelled plans to accompany the president to China and South Korea to help push the package.The president said he was hopeful the House will approve the tax bill by Thanksgiving. But his overly optimistic timetable didn’t address the concerns of lawmakers from states such as New York and New Jersey who have opposed a proposal to eliminate the federal deduction for state and local taxes, arguing it would hurt their constituents and subject them to being taxed twice.A battle continues over contributions to 401(k) retirements accounts. The financial industry and some Republican lawmakers insist that the GOP plan not change the tax benefits of the popular savings vehicles, as has been floated by GOP leaders.__Associated Press writers Andrew Taylor, Marcy Gordon, Erica Werner and Jill Colvin contributed to this report.last_img read more

First 50 retweets can tell if a tweet will go viral Study

first_imgBeijing: Estimating how infectious a tweet is from the first 50 retweets is the key to predicting whether a post will go viral or not, a study has found. As online social networks and media continue to grow, so has the importance of understanding how they influence our thoughts and opinions, said researchers from Beihang University in China. Being able to predict the spread of social contagions is considered a key goal for those social information networks, according to the study published in the journal PLOS ONE. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USAlthough models developed in the field of infectious diseases have been used to describe the spread of ideas, studies have not used real data to estimate how infectious the information is. Researchers used about one month of Twitter data — comprising over 12 million tweets and more than 1.5 million retweets — and estimated each tweet’s infectivity based on the network dynamics of the first 50 retweets associated with it. They incorporated the infectivity estimates into a model with a decay constant that captures the gradual decline in interest as online information ages. Also Read – Record number of 35 candidates in fray for SL Presidential pollsUsing real data and simulations, the researchers tested the ability of the infectivity-based model to predict the virality of retweet cascades. They compared its performance to that of the standard community model, which incorporates other predictive factors — such as social reinforcement and trapping effects that act to keep tweet cascades within small communities of connected users. The researchers found that for both real Twitter data and simulated data, the infectivity model performed better than the community model, indicating that infectivity is a larger driving force in determining whether a tweet goes viral. Combining the two models into a hybrid community, infectivity model yielded the most accurate predictions, highlighting the complexity of the interacting forces that determine the life and death of social network information.last_img read more

Russell Westbrook Does Everything Fast For Better And For Worse

201453.312.1 201649.9%21.7% 201557.115.2 Source: Synergy Sports Given the aggressive way he challenges multiple defenders at once and the energy he expends in doing so, it’s not all that surprising that Westbrook’s turnover rate is spiking. At the same time, he’s scoring in transition just under 50 percent of the time, which is his lowest success rate on such plays since his rookie season in 2008.There’s also been a major shift in the kind of turnovers Westbrook has been committing since he took on an unprecedented share of his team’s offense in the absence of Durant. The share of his miscues that stem from losing the ball — as opposed to throwing a bad pass, for instance — has more than doubled this season, according to Basketball-Reference. (In fairness, fellow MVP candidate James Harden, who has also been asked to take on a far greater role in his team’s offense, has struggled with many of the same turnover issues.)Video Playerhttps://fivethirtyeight.com/wp-content/uploads/2017/01/westbrook-vs-heat1.mp400:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.In Cleveland on Sunday, I asked Thunder coach Billy Donovan about Westbrook’s aggressive, coast-to-coast sprints, and Donovan said he’s careful to not try to change the player Westbrook is, especially considering how much his star is asked to facilitate on offense.“When he does make a mistake, or doesn’t make the right decision and it results in a turnover, nobody is harder on him than himself. So there’s a line for me: I don’t want to take away a guy who, in my opinion, is the best open-floor player in the world,” Donovan said before his team lost to the Cavaliers. “After he makes a mistake, he does a good job of regulating and pulling back so that he can make better decisions.”Westbrook, who’s faced questions for the majority of his career about whether he sometimes plays too fast, has said in the past that he doesn’t feel his play is out of control.“I don’t think I play reckless at all,” he said. “I just think I play at a high level that other people may not be used to seeing.” That much is almost impossible to disagree with.Kawhi Leonard’s little fundamentalsIt’s challenging to illustrate how good Kawhi Leonard is on defense with numbers alone, but one metric offers us a glimpse: How often his blocked shots end up in the Spurs’ hands as opposed to the other team’s. It happens way more often than it should.On average, defensive teams come up with the ball about 57 percent of the time after they block a shot. But San Antonio has gotten possession of the ball on 75 percent of Leonard’s blocks this season, the highest rate in the NBA among players with at least 25 swats, according to information from BigDataBall, a database that logs the league’s play-by-play data. (San Antonio is still somewhat above-average at recovering blocks if you take Leonard’s numbers out of the mix, but the Spurs’ 61 percent recovery rate without Leonard doesn’t stand out from the rest of the league nearly as much.)It’s unclear whether this speaks solely to Leonard’s ability to guide blocks with his oversized hands, or whether it’s more a function of the Spurs being in a good position to field the swats once they occur.In any case, Leonard had a great mentor for this sort of thing. Recently retired Spurs legend Tim Duncan saw his teammates recover almost 74 percent of his blocked shots last season, per BigDataBall; the highest rate of any NBA player with 70 blocks or more.Paul George, all of a sudden the NBA’s best free-throw shooterAcross the board, from his three-point stroke to his solid efficiency in the last four seconds of the shot clock, Paul George has improved considerably as a shooter this season. He has also become a surprisingly great free-throw shooter — he’s hitting almost 93 percent from the charity stripe and is leading the league in free-throw percentage.That might not seem all that surprising — after all, he shot 86 percent from the free-throw line last season. But the Pacers star was very slightly worse than league average from the line as a rookie, making 76 percent of his shots that year. If he keeps this up, George would be the first player in more than 45 years — and just the second player in NBA history after Chet Walker — to lead the NBA in free-throw percentage after shooting worse than league average from the stripe during his rookie season.The Memphis Grizzlies’ defense is just for kicksThe Grit ’n’ Grind Grizzlies have long been known for their tough, bruising style of old-school basketball. But at certain points over the years, Memphis looked like it was doing its best impression of a soccer team instead.The Grizzlies, fourth in the NBA with 35 kicked-ball violations, are on track to rank among the NBA’s top 10 in the category for the sixth time in nine seasons, according to rare-stat site NBA Miner. Leading the charge for the Grizzlies is Marc Gasol, who tops the league with 13 kicked-ball violations this season, per BigDataBall. Related: Hot Takedown 201353.315.0 201254.811.1 201054.815.1 Welcome to Four-Point Play, our weekly NBA column that pieces together four statistical trends from around the league and lays out what they tell us about where a team has been or where it’s heading. Find a stat you think should be included here? Email or tweet me at chris.herring@fivethirtyeight.com or @Herring_NBA.Is Russell Westbrook too fast for his own good?Between his freakish athleticism and the sheer fury with which he plays, Russell Westbrook — the closest thing we have to a human cannonball in pro sports — is the most entertaining player in the game today. Unlike smoother players like LeBron James or Chris Paul, who have a signature ebb and flow to their games, the Oklahoma City star is unpredictable from one play to the next. Because of his game-changing speed — when going full bore, he’s one of the NBA’s five fastest players, according to the league’s high-level tracking data — Westbrook’s capable of making plays that most other athletes can only dream of pulling off.More often than not, though, when Westbrook’s talent backfires, it’s because he’s trying too hard to make something happen, particularly when he’s outnumbered during fast-break situations.Oklahoma City, after forcing a live-ball turnover, is finishing its possessions in just over eight seconds on average, which is by far the fastest rate in the league, according to Inpredictable, a site that specializes in calculating win probabilities and other advanced sports metrics. Westbrook, as the team’s point guard and best player, is an enormous part of that speed. But the quick trips down the court aren’t necessarily paying off: As of Wednesday afternoon, the Thunder were tied for the second-worst efficiency after live-ball turnovers. That’s a steep drop-off from last year, when Kevin Durant was still in Oklahoma City and the club had the NBA’s eighth-best offense in those scenarios.Perhaps Westbrook’s speed-demon tendencies have something to do with that inefficiency.In transition, Westbrook’s reliance on his speed means he’ll often experience the same dichotomy as Sonic the Hedgehog: He either sprints triumphantly across the finish line or crashes painfully into an obstruction, losing all his golden rings.Video Playerhttps://fivethirtyeight.com/wp-content/uploads/2017/01/westbrook-vs-clippers-clip.mp400:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Westbrook is involved in an NBA-high seven transition plays per game. And according to an analysis run at FiveThirtyEight’s request by Brittni Donaldson of SportVU, which tracks nearly everything that happens on an NBA court, there have been 413 instances1As of January 29. this season where, following a turnover or a defensive rebound in the backcourt, Westbrook took at least three dribbles and covered at least 20 feet with those dribbles. For context, John Wall, the next closest player, has done that 257 times. 200847.215.7 201154.515.5 SEASONSCORETURNOVER 200954.113.2 Outcomes of Russell Westbrook possessions when in transition Is College Basketball Broken? We Asked The Game’s Top Stats Guru Of course, there are practical reasons for a team like Memphis — which has also ranked among the top 10 on the defensive end of the floor for six of the past seven seasons — to kick the basketball. At a minimum, it forces a team to reset its offense with less time remaining on the shot clock. And at a maximum, it prevents an opposing player from catching an interior pass in a prime scoring area. (We’ve seen Tony Allen accidentally go a bit too far defending with his feet before.)That said, it’s more fun to try to connect the dots between Gasol’s kicked-ball violations and Gasol’s love for soccer. He hails from Spain, and he is an FC Barcelona fan. Plus, who could forget the time he nearly headed the basketball into the hoop during a pause in the action?Additional research assistance by Neil Paine.Check out our latest NBA predictions. read more

Ohio State softball drops first game of series against Purdue 42

Sporting its road red uniforms, the Ohio State softball team dug itself into an early hole against Purdue and never recovered, losing 4-2 Friday at Buckeye Field in the first of a three-game series. Purdue (12-18, 1-3) was designated the home team after weather conditions in West Lafayette, Ind., rendered its home field unplayable and forced the teams to reschedule the weekend series eastward to Columbus. Sophomore pitcher Alex DiDomenico struggled from the start, walking the bases loaded and giving up two runs in the first inning before being pulled in the second. She finished the day with five walks and three earned runs. She suffered her fourth loss of the season. DiDomenico said she had trouble adapting to the game. “I had trouble adjusting to (home plate umpire Greg Paul’s) strike zone,” she said. “That’s on my part, I couldn’t adjust, and they took advantage of it.” Redshirt junior pitcher Melanie Nichols pitched the remainder of the game. Purdue struck first with a run off of a walk with the bases loaded and added another after a throwing error by sophomore outfielder Caitlin Conrad. The second inning saw the Boilermakers score two more, aided by junior outfielder Lindsey Rains’ RBI double. The Buckeyes (20-10, 2-2) added one back in the third inning off of freshman utility player Cammi Prantl’s sacrifice fly RBI and another in the fourth off sophomore second baseman Shelby Pickett’s RBI single to chip away at the lead, 4-2. In the end, though, the early deficit proved too large to overcome. Sophomore outfielder Taylor Watkins said the Buckeyes still have hope for the rest of the weekend. “We need to come out more focused tomorrow,” Watkins said. “We didn’t hit like we normally do, but we have to come out and play hard and forget about this game and worry about the next two.” The Buckeyes’ offense was grounded by Purdue sophomore pitcher Lexy Moore, who earned her fourth victory of the season with a three-hit, one-earned run, four-strike out game. Watkins said that the Buckeyes simply didn’t play their best. “We should have came out hard no matter what,” Watkins said. “Whether we were home or the visitors, and we didn’t. It was just a normal game.” Purdue snapped a nine-game losing streak with the victory and earned its first Big Ten win of the season. DiDomenico said she expects Saturday’s game against the Boilermakers to go better. “We have to come out tomorrow and do our best,” DiDomenico said. “And things will fall into place.” OSU is scheduled to take on Purdue for game two of the weekend series Saturday at 2 p.m. at Buckeye Field. The teams will also meet Sunday at 1 p.m. read more

Sean Dyche hopes his players will overcome poor form

first_imgSean Dyche has urged his players to wake up from slumber after accusing them of being trapped in a fog following Burnley’s loss at Wolves.The Clarets are experiencing their worst start to a league campaign in 90 years.Dyche’s men have managed to secure one point from their opening five games this term, and the manager has called on his team to step up their game.“No complaints, Wolves played well,” he told Sky Sports. “They are a good side, and we knew we would have to defend resolutely, which to be fair I thought we did – our ‘keeper played well.Premier LeaguePremier League Betting: Match-day 5 Stuart Heath – September 14, 2019 Going into the Premier League’s match-day five with a gap already beginning to form at the top of the league. We will take a…“We were a bit more like ourselves defensively. It was a poor goal but other than that we got blocks in, were resolute and stayed in the game where we could have got something.“But attacking wise it was nowhere near enough, not enough quality, guile and energy really. That’s got to change.“We’re in a bit of fog at the moment; we collectively have to get our way out of that. We’ve been here before, we know it changes quickly, but we’ve got to work to make it change.”last_img read more

FIFA has no decision to make Tebas

first_imgAccording to La Liga president, the world federation doesn’t have to say anything about the planned official matches in the United StatesThe Spanish La Liga is planning to have at least one official match in the United States.And Barcelona and Girona have been selected for this special game, to be played in Miami on January.Many have criticized this decision, and expect FIFA not to give permission to this event.But for La Liga president Javier Tebas, the world federation doesn’t have to say anything about the planned matches in the U.S.“The responsibility of FIFA and federations is to grow the sport, not one league or game,” Tebas told people in Miami today as reported by The Sports Business.James Rodriguez, Real MadridZidane hails ‘quality’ James Rodriguez after Real Madrid’s win Andrew Smyth – September 14, 2019 Zinedine Zidane reserved special praise for James Rodriguez after his starring role in Real Madrid’s 3-2 win over Levante.“There is 90 percent likelihood for the match on January 26. The entire conflict with the media that has been generated – that had been foreseen. This has been more than a year in the making.”“We have to ask for authorizations. FIFA has no decision to make here because we use FIFA rules for international matches. Theoretically, there should be no opposition,” he added.“We just played a final in Morocco. Imagine if we could go to Morocco to play. How could we not play one match in the US? Then there is the American Federation [U.S. Soccer]. Then fourth you have CONCACAF.”“How is MLS harmed by one match? Because if someone tells me it could harm them then we would have to stop broadcasting the Premier League and Serie A on TV – that’s in people’s homes every weekend. We can’t think there will be any harm. I think this will lead to more people watching soccer,” Tebas continued.“You will need a better argument to convince me. If MLS asked me for a match in Spain, I would say yes and help it happen to promote MLS. I don’t see them as a competitor when they come to play one match. We need to be more open to this.”last_img read more

Board Of Fish To Discuss Turbidity Issues With KenaiSoldotna Advisory Committee

first_imgRuffner will be presenting at the Kenai/Soldotna Fish & Game Advisory Committee meeting on Thursday, March 1. Last week the City of Kenai submitted a letter in response to the Kenai River Special Management Advisory Committees letter to the ADEC, an ordinance will be introduced at the Soldotna City Council tomorrow night to submit their own response as well. Ruffner will conduct a presentation to discuss the Kenai River water turbidity issues. He spoke to the Kenai City Council in January and stated that the proposal to list the Kenai River  is simply asking “are we making water muddier then we should be as associated with boat traffic?” According to Ruffner turbidity happens naturally, and is not “the end of the world”: “Muddy water can be bad for fish, recreation, or if you take that water and use it for drinking. So, turbidity in the river that we have been measuring over the past decade or so is not one of those things that screams that the sky is falling.” The Kenai/Soldotna Advisory Committee meeting is at 6:30 p.m. at the Cook Inlet Aquaculture Association building, located at 40610 K-Beach Road in Soldotna.center_img Facebook0TwitterEmailPrintFriendly分享In addition to the Cities of Kenai and Soldotna, Robert Ruffner with the Board of Fisheries is speaking out regarding the turbidity report released for the Kenai River by the Alaska Department of Environmental Conservation. Report: http://dec.alaska.gov/water/wqsar/waterbody/integratedreport.htm.https://dec.alaska.gov/water/wqsar/…/2014-2016-ir-kenai-river-factsheet-final.pdf Story as aired: Audio PlayerJennifer-on-Ruffner-speaking-to-AC-meeting.mp3VmJennifer-on-Ruffner-speaking-to-AC-meeting.mp300:00RPdlast_img read more

Man Injured In ATV Accident On The Sterling Highway

first_imgFacebook0TwitterEmailPrintFriendly分享The Alaska State Troopers were dispatched to milepost 88 of the Sterling Highway for the report of a male who sustained injuries due to an ATV accident, on June 30, at 7:30 a.m. Troopers arrived on scene to assist medics currently on scene treating Christopher J. Bledsoe, age 50, of Sterling for injuries sustained as a result of the ATV accident. According to the online Trooper dispatch, Bledsoe had been operating the ATV alone on the off road trails traveling Southbound towards Soldotna. Bledsoe lost control of the ATV, and entered the roadway where the ATV rolled over causing him to be ejected from the ATV and land in the travel lane of the highway. Bledsoe was taken to Central Peninsula Hospital where he was treated for the injuries, and is currently listed in stable condition. There are no other vehicles involved and alcohol is suspected to be factor. Investigation continues.last_img read more

Senate Approves Powell To Follow Yellen As Fed Chair In February

first_imgPhoto via FlickrOn Wednesday, Jan. 17, 2018, the Senate Banking Committee voted for a second time to approve Powell to be the next chairman of the Federal Reserve.The Senate on Tuesday approved President Donald Trump’s selection of Jerome Powell to be the next chairman of the Federal Reserve beginning next month.Senators voted 85-12 to confirm Powell to lead the nation’s central bank, a post that is considered the most powerful economic position in government.Powell will succeed Janet Yellen, the first woman to lead the Fed, when her term ends Feb. 3. Trump decided against offering Yellen a second four-year term as chair despite widespread praise for her performance since succeeding Ben Bernanke.Powell, 64, has served for 5½ years on the Fed’s board. A lawyer and investment manager by training, he will be the first Fed leader in 40 years without an advanced degree in economics. Many expect him to follow Yellen’s cautious approach to interest rates.Powell, viewed as a centrist, enjoyed support from Republicans and Democrats.The 12 senators who voted against Powell’s nomination included four Republicans, seven Democrats and Sen. Bernie Sanders, an independent who votes with the Democrats. One of the dissenters, Sen. Elizabeth Warren, D-Mass., said she was concerned that Powell “will roll back critical rules that help guard against another financial crisis.”But Sen. Sherrod Brown, the top Democrat on the Senate Banking Committee, praised Powell’s tenure on the Fed board.“His track record over the past six years shows he is a thoughtful policymaker,” Brown said.During the presidential race, Trump was critical of the role the Fed played in implementing the Dodd-Frank Act, the 2010 law that tightened banking regulations after the 2008 financial crisis. Trump and many Republicans in Congress contended that the stricter regulations were too burdensome for financial institutions and were a key reason why economic growth since the Great Recession ended in 2009 had been lackluster.Powell has signaled that he favors ways to make bank regulations less onerous, especially for smaller community banks.Trump will be able to essentially remake the Fed’s board during his first two years in office. He has already filled the key post of vice chairman for regulation with Randal Quarles. The president has also nominated Marvin Goodfriend, a conservative economist, for another vacancy on the board.In addition, he can fill three more vacancies on the seven-member board, including the key spot of Fed vice chairman, which has been vacant since Stanley Fischer left in October.All told, the vacancies will have given Trump the ability to fill six of the seven board positions with his own choices. Lael Brainard will remain the lone board member not to have been chosen by Trump.Powell, known as a collegial consensus-builder, could help serve as a steadying force for the U.S. economy as well as a unifying figure among the central bank’s policymakers. As a Fed governor, Powell has never dissented from a central bank decision.Educated at Princeton University with a law degree from Georgetown, Powell, known as Jay, spent many years in investment management — at Dillon Read and then at the Carlyle Group. His work there made him one of the wealthiest figures to serve on the Fed board: His most recent financial disclosure form places his wealth at between $19.7 million and $55 million. And based on how government disclosures are drafted, his wealth may actually be closer to $100 million. Sharelast_img read more