Sentences with phrase «needed financial reforms»

It needs to fulfill its own side of the bargain and push forward much needed financial reforms.
Did the POTUS make a huge tactical mistake by pushing for health care reform with much - needed financial reform incomplete?

Not exact matches

But even before the financial crisis, the reform movement was stalled by the need to stimulate the economy rather than cut spending.
That is because the CFTC rules, created as part of the 2010 Dodd - Frank financial reform law, allow banks to calculate capital needs using their own proprietary models but force non-bank swaps dealers to use standardized models.
But analysts say more still needs to be done on structural reforms to rein in ballooning corporate debt, which has reached levels that the IMF and others have warned sharply raises the risks of a financial crisis.
Candidate Hillary now talks up the need for criminal justice reform to undo the 1994 crime bill her husband championed; decries the wages on American workers of NAFTA and subsequent free - trade deals he ushered in; and calls for cracking down on a financial sector he helped deregulate.
Unless the SEC steps up to stand behind needed reforms and pushes the PCAOB forward to do so, financial statements won't be worth the paper they are printed on.
Beyond these concerns, of course, we still need to fix problems that have been with us for some time during the crisis: unacceptably high unemployment, especially among young people; high levels of debt in many countries; and the need to complete the financial reform agenda.
Europe needs a stronger banking union, including a cross-Continental guarantor of deposits; structural reforms to improve growth prospects; more monetary easing; and better plans for budget - cutting in the countries struggling to convince global investors of their financial stability, the fund said.
As I noted in a recent speech, we face three major challenges that will determine how smooth this economic expansion turns out to be.5 First, we need regulatory reform that makes our financial system more stable and resilient.
The three main areas where my direct advice went unheeded were the following: (1) the need for large - scale financial assistance [29] for Russia, which I deemed (and still deem) to have been essential to molding a political consensus around reforms, and to bolstering the financial situation enough to achieve a modicum of success in the fight against hyperinflation; (2) the need for strong monetary and fiscal policy to achieve a rapid end to inflation [30]; and (3) the urgency of establishing a social safety net [31], especially in health care and pensions, to ensure an adequate social and political base for societal transformation and democratization.
In his report, he writes, «reforms are needed to ensure China's long - term financial stability and reestablish rapid but more sustainable growth.
That tally doesn't include more than 100 still - to - be-written regulations needed to enforce the Dodd - Frank financial reform law, or the mountain of regulations required by ObamaCare.
So fiscal and financial reform need to go together.
House Financial Services Committee Chairman Jeb Hensarling spoke out yesterday on the need to enact comprehensive housing finance reform and acknowledged that a final package would likely contain some kind of federal backstop.
At a time when the political and financial elite gathered at Davos frets about the failures of capitalism and the need for its reform, Professors Yvan Allaire and Mihaela Firsirotu, in a new book titled «A Capitalism of Owners ``, propose an action plan to change fundamentally the way capitalism has come to work.
Legislative and regulatory reforms are needed to curb current abuses and preserve the soundness of our financial system.
But now many powerful forces are aligned against school food reform: the processed food industry, which has a huge financial stake in the program and powerful lobbyists on Capitol Hill; the need of school districts to make their meal programs break even; First Lady Michelle Obama's vocal support of school food reform, which has politicized the issue for some conservatives hoping to score political points; and conservatives» general distrust of «big government.»
While reports of a meaningful personal income tax reduction are positive, the fact remains that the financial impact of these proposals are so significant that an unprecedented amount of regulatory reform would be needed to make this deal net neutral.»
My goal as County Legislator is to make a difference in the long - term financial sustainability of our community, by bringing an independent voice to our County Legislature to stop reckless spending while lobbying our State for needed reduction in healthcare cost, pension reform and mandate relief».
The attorney recalled the legislator talking with him ahead of a 2012 meeting with Mr. Ross and Mr. Beal at Porter House Restaurant on Columbus Circle — a meeting where the three were to discuss key races and the effort to block Gov. Andrew Cuomo's campaign finance reform proposals — where Mr. Skelos impressed upon him his son's urgent financial needs.
He said Britain's big banks were at the «very centre» of the financial crisis and needed urgent reform.
Hopefully there will be some administrative reforms at HCR that will benefit minorities who had encountered a financial setback as he go along in his new post.To many rules in housing ususally can be a disservice to people in need of housing...
The parties agree that the regulatory system needs reform to avoid a repeat of Labour's financial crisis.
«The looming threats from Washington leave us with two options: Our state budget must either fully anticipate and address our human and financial needs or we must keep working to reach compromise on the reform issues and remain financially cautious so we can adapt to federal actions once they are determined,» Cuomo stated.
A five - point ethics reform deal contains more useful measures to combat corruption, including reducing the size of financial contributions to political candidates needed to trigger disclosure and adding further restrictions to the political action committees that flourished after the U.S. Supreme Court's Citizens United decision.
«Certainly there is great appreciation that he understood the need for corporate tax reform, and the importance of that to the financial industry,» said Wylde.
«Despite the concern I voiced yesterday about the speed with which the MRT voted, I believe, on the whole, that the final report contains needed reforms that will place our Medicaid system on a path to long term financial sustainability while safeguarding quality healthcare for New Yorkers in need, the elderly and the disabled.»
Later Wednesday the president is scheduled to speak about the need to pass financial reform at an event in Quincy, Illinois.
We need fundamental, structural reforms to overcome the impending collapse of our financial structure.
In a statement issued on 12 October, the U.S. Department of State cited three reasons for its decision: UNESCO has an «anti-Israel bias,» needs «fundamental reform,» and the United States has a mounting financial debt to the organization that, under U.S. law, it can not pay.
To address this problem, China needs to reform its assessment mechanism, including giving young investigators enough time and financial support, extending assessment time from 1 year to 4 or 5 years, and assessing quantity and quality of the papers together.
But in the late 1990s, the need to reform the meetings became obvious: they required a more solid financial footing, and they also needed to become more visible in Germany and abroad, plus they were supposed to develop into a European flagship project for science promotion.
In CFE v. New York, Judge Leland DeGrasse ruled that an adequate education included the «foundational skills that students need to become productive citizens capable of civic engagement and sustaining competitive employment,» the «intellectual tools to evaluate complex issues, such as campaign finance reform, tax policy, and global warming,» the ability to «determine questions of fact concerning DNA evidence, statistical analyses, and convoluted financial fraud.»
The city desperately needs structural reform to clean up its financial mess and to ensure adequate benefits for its teachers and municipal workers.
In fact, reforms placed a particularly difficult financial burden on «average» and «high - need» districts.
Be vigilant, our country needs financial education reform.
Some of her projects have included: «Improving Access to College Information and Financial Aid,» a study on the effects of simplifying the financial aid application process; «Understanding Barriers and Examining Interventions,» a series of research studies focused on college enrollment and completion for the Bill and Melinda Gates Foundation; and «Addressing the Problem of Insufficient High School Preparation,» which focuses on state efforts to regulate college remedial programs and reforms that attempt to reduce the need for remFinancial Aid,» a study on the effects of simplifying the financial aid application process; «Understanding Barriers and Examining Interventions,» a series of research studies focused on college enrollment and completion for the Bill and Melinda Gates Foundation; and «Addressing the Problem of Insufficient High School Preparation,» which focuses on state efforts to regulate college remedial programs and reforms that attempt to reduce the need for remfinancial aid application process; «Understanding Barriers and Examining Interventions,» a series of research studies focused on college enrollment and completion for the Bill and Melinda Gates Foundation; and «Addressing the Problem of Insufficient High School Preparation,» which focuses on state efforts to regulate college remedial programs and reforms that attempt to reduce the need for remediation.
Given the business mindset of charter school financial administrators, targeted policy reforms are needed to improve financial accountability within charter schools.
This report summarizes discussions between education and youth development leaders regarding the need to address financial and resource issues in high school reform.
Through my consultancy work, I support school and local authority leaders by undertaking value for money reviews, advising on school funding reforms and statutory requirements in school and education funding, and providing training on topical issues such as the National Funding Formula, High Needs funding, budget preparation and monitoring, and reviewing school financial plans.
It is clear that standardized testing can never close the achievement gap, that the Common Core Standards are not good learning and do not give students the skills they need for their future, and that the education «reform» effort is not reform at all but a way to remove public education as a right for all while it provides substantial financial profit for the investors.
Sadly, what is truly needed is aggressive financial reform at the federal level, which is impossible as long as The Legislative and Executive branches of government are allowed to profit in any way, i.e., contributions to political parties & candidates in elections, personal investments, and the insider trading laws that they are exempt from.
A recent report by the Consumer Financial Protection Bureau revealed that servicing standards are in need of reform to ensure borrowers are informed and can access basic information about their loans.
And it is critical that needed reforms be enacted not only for present and future borrowers, but also retroactively to those currently in great financial distress and overburdened from their student loan rating.
Not only has our legal, political and grassroots pressure forced the Interior Department to consider much - needed reforms, but also the coal industry is under financial stress.Twice in 2013, Interior Department plans to sell more coal in the Powder River Basin failed.
The fact that they aren't is yet another indication that the global financial sector is in need of reform far more drastic than has been contemplated so far * The policies «demanded» by S&P to keep the rating (drastic cuts in infrastructure spending) would have been economically disastrous
Many of the reforms can begin right away, however we will need to wait until Spring 2018 for the standard treatment plans to be developed, the Fraud office to be up and running, and the Financial Service Commission of Ontario to complete their review of risk factors.
The decree therefore implies that a court could be left to chose between forgoing the use technology — something that could have dire consequences for access to justice — or using technology that is incompatible with current procedures — forcing a procedural reform that would be dictated not by access to justice needs, but by software developers» financial interests.
Dedicated to spotlighting «real business cases» for the technology, Massimo Morini's report argues that the lesson that should be learned from cryptocurrencies such as bitcoin is that traditional financial business model needs to be reformed, not just improved.
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