January 16, 2019

New York now has 5 House members leading committees

Source: New York Post

By Marisa Schultz

WASHINGTON – New York is in the House.

For the first time in modern history, New York will have five House members in charge of committees.

Since 1949, there have been four instances when New York had three chairs, but five at one time is an anomaly.

“It is great for our nation,” said Rep. Nydia Velázquez, the new chair of the House Small Business Committee. “Not only are we representing New York, but the work that we will be doing will have an impact nationwide. It’s so gratifying to see that New York is at the table.”

New York’s power was on full display Friday when Speaker Nancy Pelosi took the official photo with the 24 chairs of House committees.

Joining Velázquez as committee chairs are Rep. Jerry Nadler at the Judiciary Committee; Rep. Nita Lowey at Appropriations; Rep. Eliot Engel taking the gavel at Foreign Affairs and Rep. Carolyn Maloney at the Joint Economic Committee.

Continue reading
January 16, 2019

Disaster relief, Pentagon: Where does Trump get the money for an emergency declaration?

Source: Sinclair Broadcast Group

By Leandra Bernstein

WASHINGTON (Sinclair Broadcast Group) — President Donald Trump continues to tease the idea of declaring a national emergency, saying he has an “absolute right” to do it if Democrats in Congress refuse his demand for $5.7 billion to construct the U.S.-Mexico border wall.

Before traveling to the southwest border Thursday, Trump told reporters that he is almost “100 percent” certain to declare an emergency if he and Democrats can’t make a deal on the border wall. “I would say it would be very surprising to me that I would not declare a national emergency and just fund it through the various mechanisms,” he said.

The president walked back those comments Friday, telling reporters that an emergency declaration would be “the easy way out” but he still left the option on the table. “It’s too simple. It’s too basic,” he said, adding that Congress should fund the wall.

Even with an annual discretionary budget that tops $1.2 trillion, $5.7 billion for the border wall is not money that can be found in the couch cushions of the federal government.

Continue reading
January 16, 2019

Keating, Fitzpatrick Lead Effort Against Human Traffickers

Source: Cape Cod Today

By Cape Cod Today Staff

Washington, DC—Congressmen Bill Keating (D-MA) and Brian Fitzpatrick (R-PA) introduced bipartisan legislation to help law enforcement and financial institutions identify and report suspected human traffickers so that they can be prosecuted to the fullest extent of the law.

The End Banking for Human Traffickers Act (HR 295) would direct federal banking regulators to work with law enforcement and financial institutions to combat the use of the financial system for human trafficking. The bill would further increase collaboration between law enforcement and experts in financial crimes by adding financial intelligence and regulatory officers to the President’s Interagency Task Force to Monitor and Combat Trafficking in Persons and require the Task Force to develop recommendations for Congress and regulators that would strengthen anti-money laundering programs to better target human trafficking.

The bill further allows advocates of trafficking victims to serve as “stakeholder” and provide feedback to the U.S. Treasury. It additionally clarifies that banks do not restrict trafficking victims’ access to bank accounts.

Continue reading
January 16, 2019

Stickers With Swastikas, Hate Speech Posted On Greenpoint Streets

Source: Williamsburg-Greenpoint Patch

By Anna Quinn

GREENPOINT, BROOKLYN — Politicians are speaking out against hate speech after a series of messages were found written on postal stamps and posted around Greenpoint.

The United States Postal Service stickers were posted on lampposts and other surfaces on McGuiness Boulevard, Dupont Street, Eagle Street, and Freeman Street. The anti-Semitic, seemingly white supremicist messages included swastikas and the numbers 14 and 88, which refer to a Nazi slogan and the Heil Hitler salute, politicians said in a joint statement.

The stickers were first found on Sunday by a couple who sent photos of them to local publication Greenpointers, which reported that they were taken down and that police were notified.

One of the residents who saw the stickers was Mallory Seegal, who shared her reaction with local politicians.

“When I found these stickers on Sunday, I was disgusted but by no means surprised,” Seegal said. “This is just one example, out of many, of how white supremacy manifests. The complex and ongoing system of white supremacy is the disease, and the individual actions of white nationalists and white supremacists are a symptom. We are looking at two sides of the same coin.”

Continue reading
January 16, 2019

BankThink CECL is in trouble, but there’s a fix

Source: American Banker

By Tony Hughes

The current expected credit losses accounting standard looks to be in trouble. The mood during a recent meeting of the House Subcommittee on Financial Institutions and Consumer Credit seemed to reflect a bipartisan vote of no-confidence in the new accounting rules.

CECL was implemented primarily to force banks to maintain countercyclical reserves. All thorough analyses of the effect of the new rules have shown, to differing degrees, that allowances will continue to be procyclical after CECL comes into force during 2020.

It is against this backdrop that Rep. Carolyn Maloney, D-N.Y., asked the most pertinent question of the hearing: Is it possible to design a loan loss accounting standard that will generate truly countercyclical reserves?

Continue reading
January 16, 2019

Opinion: With Dems in control of House, time for a progressive agenda

Source: Town & Village

By Congresswoman Carolyn B. Maloney

When Democrats take control of the House of the Representatives in January, we will have an opportunity to change the course of our country by pursuing a bold progressive agenda that serves all Americans and providing a badly needed check on President Trump and his administration.

In the next Congress, I will be the vice chair of the Joint Economic Committee, chair of the Capital Markets Subcommittee and a senior member of the House Oversight and Government Reform Committee. Using these positions, I will fight to expand opportunities for all Americans, strengthen our health care system, defend our rights and liberties and make sure Congress acts as the check and balance envisioned in the Constitution.

The first order of business in a Democratic House will be H.R. 1, a bold reform package designed to strengthen our democracy. It will include campaign finance reform, similar to New York City’s system, that combines small-donor incentives and matching support — to increase and multiply the power of small donors — and requires all political organizations to disclose their donors. In addition, it will impose strong new ethics rules to stop officials from using their public office for personal gain, as well as election reforms to make it easier to vote by strengthening the Voting Rights Act, promoting automatic voter registration and bolstering our election infrastructure against foreign attackers.

Continue reading
January 16, 2019

Airport workers in shutdown dilemma

Source: Queens Chronicle

By Michael Gannon

Hundreds if not thousands of workers at John F. Kennedy International and LaGuardia airports are being affected by the federal government shutdown, with so-called non-essential federal employees being furloughed, and those such as air traffic controllers and agents for the Transportation Safety Administration and Customs and Border Protection required to work with no pay.

The Port Authority, which operates both airports as well as Newark-Liberty in New Jersey, is keeping passengers updated on things like wait times, including for TSA inspection lines, on its website at panynj.gov, in real time.

But beyond that, finding information on just how the shutdown is impacting the airports can be as difficult as retrieving lost luggage.

Continue reading
January 11, 2019

I On Politics | Maloney to donate her salary during shutdown to Food Banks

Source: Queens Gazette

Congress Member Carolyn B. Maloney (NY-12) announced on January 6 that she will be donating her salary for every day of the federal government shutdown to food banks in Manhattan, Queens, and Brooklyn.

“Thanks to the President’s refusal to reopen parts of the federal government, more than 800,000 federal workers and thousands more federal contractors have been either furloughed or working without being paid for more than two weeks.

Continue reading
January 11, 2019

After Bernice Sandlers’ Death, Here’s How People Are Remembering The Woman Behind Title IX

Source: Bustle

By Seth Millstein

On Tuesday, pioneering women’s rights activist Bernice Sandler died at the age of 90. Sandler tirelessly pushed for equal protections for women in academia, and is often referred to as “the Godmother of Title IX” for her role in advancing the landmark federal legislation banning gender discrimination in public schools. Here’s how lawmakers, women’s rights organizations and activists are celebrating Sandler’s life in light of her passing.

On Twitter, New York Rep. Carolyn B. Maloney said that Sandler “singlehandedly formulated the first legal argument for fighting sex discrimination in academia,” and pledged to re-introduce legislation to establish a Smithsonian Women’s Museum to honor Sandler and other champions of women’s rights.

Continue reading
January 11, 2019

Democrats Start Investigative Gears, but Slowly

Source: The New York Times

By Nicholas Fandos

After two years of pining, Democrats finally have the gavels and subpoenas they need to investigate President Trump and his administration. Blockbuster findings? Don’t expect them anytime soon.

WASHINGTON — Democrats, transitioning into the House majority, have quietly sent dozens of letters in recent weeks seeking documents and testimony from President Trump’s businesses, his campaign and his administration, setting the table for investigations that could reach the center of his presidency.

Clear targets have emerged in the process, and some others appear to have fallen away, at least for now. Family separation and detention policies at the border have jumped to the forefront. So has the acting attorney general’s oversight of the special counsel, Robert S. Mueller III. But Democrats, after slamming House Republicans for their inadequate inquiry, do not plan to reopen a full-scale Russian interference investigation. They have also chosen to hold off on an immediate request for Mr. Trump’s tax returns.

Continue reading