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Berger again debunks banking trade’s claims

first_imgNAFCU President and CEO Dan Berger, debunking a recent attack letter from the Independent Community Bankers of America on credit unions’ tax exemption, told Senate Finance and House Ways and Means Committee leaders Thursday that ICBA’s resources would be better spent pushing for financial institution regulatory relief.The resources spent complaining about credit unions’ tax exemption would be better used fighting for regulatory relief, encouraging community banks to pay back their outstanding TARP bailout money and working toward a data security standard for retailers and merchants, Berger wrote to Senate Finance Committee Chairman Orrin Hatch, R-Utah, and Ranking Member Ron Wyden, D-Ore., and House Ways and Means Committee Chairman Paul Ryan, R-Wis., and Ranking Member Sander Levin, D-Mich.Berger also countered the banking trade’s claim that the credit union tax exemption comes at a significant cost to taxpayers. An independent study commissioned by NAFCU in 2014 showed that credit unions add $17 billion to the economy per year and that eliminating their tax exemption would result in the loss of 150,000 jobs per year, Berger wrote.ICBA sent a letter to the above-noted committee leaders Thursday asking them to review the tax subsidies given to credit unions and the Farm Credit System. The American Bankers Association targeted the credit union exemption in misleading attack ads in March, and Berger sent a similar response to House and Senate leaders. continue reading » 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Henderson pens new long-term Man U deal

first_imgRelatedPosts Leicester keeper Schmeichel defends under-fire De Gea Solskjaer tips England’s number one goalkeeper Ighalo joins Man U training Saturday Manchester United goalkeeper Dean Henderson has agreed his new six year contract worth up to £120,000 a week.The 23-year-old has been in training at Carrington ahead of his call-up to the England squad on Tuesday and United have taken the opportunity to accelerate talks over a new long-term deal. They wanted to reward his progress after a stand-out season on loan at Sheffield United and tie him down to the club until June 2025 with the option for a further year.Henderson said: “The pathway that I have been on for the past five years has been fantastic for my development and the invaluable loan period at Sheffield United has been part of that.“The goalkeeping department at United is excellent; there are three top-level goalkeepers who have achieved so much in the game and I look forward to working with the group.“The faith that the manager and the club have shown in me with this contract means a lot to me and will continue my progression as a goalkeeper.“I’ll be giving everything to improve every day so that I can play as many games as possible for this great club. “Now I am looking forward to joining up with the England squad and then preparing for the season ahead.”Tags: CarringtonDean HendersonManchester United goalkeeperlast_img read more

Lakers support Kentavious Caldwell-Pope through shooting struggles

first_img How athletes protesting the national anthem has evolved over 17 years AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersA reporter asked Caldwell-Pope how he’s been keeping his spirits up: “Praying a lot.”It’s a rough start by many measures, and not just because the player known as “KCP” isn’t hitting 3-pointers. According to stat site Cleaning the Glass, Caldwell-Pope is just 10 for 21 in shots within four feet of the rim, which is in the bottom 10 percent of all wings in the NBA. There isn’t a shooting zone where he’s hitting above league average: He’s cold from everywhere.It was a welcome relief, then, when Caldwell-Pope finally had a good offensive performances to sit on Friday night against the Sacramento Kings, starting in place of Avery Bradley. He was 6 for 10, finishing with 16 points in a season-best night, including going 5 for 6 in the fourth quarter. In his previous five games, he had been 8 for 25.LeBron James, who typically is KCP’s partner in post-practice shooting contests, was ready to praise him.“He got the game ball tonight,” James said. “He just took advantage of the opportunity. … Yeah, he’s been struggling a little bit with his shot, but more importantly (he’s been) keeping his mind ready, keeping his mind fresh. He did that tonight.” Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed LOS ANGELES — It felt like a sign.Balls getting wedged between the backboard and the hoop are rare enough. But to do it from one foot out on Wednesday night – well, that’s just been Kentavious Caldwell-Pope’s luck lately.At least one player probably hasn’t enjoyed the Lakers’ 10-2 start as much as his teammates. Caldwell-Pope, 26, is off to the worst shooting start of his career, just 39 percent from the field, and even his home fans haven’t let him forget it.It’s common at Staples Center home games to hear Bronx cheers, and even boos, for perhaps the most scrutinized Laker on the team. Internet memes decry him, accusing him of robbing the Lakers by receiving his paycheck. It’s the touchiest subject in what’s been a mostly upbeat locker room. Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers Lakers practice early hoping to answer all questions center_img On a roster stocked with mostly first- or second-year Lakers, Caldwell-Pope’s turbulent tenure over the past three seasons stands out. Rarely has a one-year contract been announced with as much pomp as his, when general manager Rob Pelinka struck out into biblical territory by comparing him to manna sent from heaven. Since then, his scoring average has dropped for three consecutive seasons, and his 3-point average has sunk from 38.3 percent in his first year with the Lakers to 29.6 percent now.There’s been an added sting to the decline for fans, who have bristled that the Lakers will shell out an estimated $38 million to Caldwell-Pope by the end of his current contract. He also missed games during the 2017-18 season due to a jail sentence he served for a DUI when he was with the Pistons. The perception that Caldwell-Pope is now, two contracts later, foisted upon the Lakers by Klutch Sports might be unfair, but it adds to the general sense of discontent.These factors have swirled together to create the perfect storm: a fanbase frustrated by undelivered promises, and a player still finding his fit on a team now replete with the established veterans the Lakers originally made him out to be.It might help that Frank Vogel can see Caldwell-Pope with a fresh set of eyes. He acknowledged the scoring hasn’t always been there for him, but during Vogel’s tenure, Caldwell-Pope has played with energy and intensity, which, he believes, is the most a coach can ask for.“The firepower of the league, with the style of play that this league plays with nowadays, you need as many perimeter defenders that you can trust and can get out and guard and have speed and containment ability as you can,” Vogel said. “And he’s one of those soldiers for us. I know he gets a lot of criticism for his offense, but he’s capable of knocking down big shots like we saw tonight and he brings consistent energy on the defensive end.”Numbers back up Vogel’s perception. The Lakers defense is about four points better per 100 possessions when KCP is on the court than when he’s off (96.6 defensive rating to 100.4). He’s had solid games against opposing guards, including helping shut down Buddy Hield in the latter half of the 99-97 win Friday.On the deciding inbounds play, Caldwell-Pope helped take away the initial 3-point option the Kings wanted to get to Hield. Interior defenders like Anthony Davis are only effective if perimeter players can keep shooters off the 3-point line.Related Articles Newsroom GuidelinesNews TipsContact UsReport an Error Lakers, Clippers schedules set for first round of NBA playoffs Alex Caruso, who has been showered with fan support in recent weeks, said Caldwell-Pope deserves some of that shine as well.“He’s been doing this for many years, before I have, and many more years than anybody who’s on Twitter or in the stands,” he said. “If they could do it, they’d be on the court doing it themselves. Never lost any confidence in him.”The most vocal person in Caldwell-Pope’s corner has been Dwight Howard, who knows a thing or two about underdelivering on overwhelming expectations. After delivering a heartfelt message saying, “We’re going to need KCP to win this championship,” Howard felt validated after Friday’s effort by his teammate.“We’re a family,” he said. “You don’t let nobody talk about your family. Laker Nation, we’re all a family. So we don’t talk about our own people. We lift each other up. That’s it.”last_img read more