first_img SUBJECT TO APPROVAL Ahead of Jamaica’s 55th Independence celebrations next year, Minister of Culture, Gender Affairs, Entertainment and Sport, Olivia ‘Babsy’ Grange, has revealed that statues of decorated Olympians Usain Bolt and Shelly-Ann Fraser-Pryce will be commissioned as part of the National Stadium Statue Park’s development plans. According to Grange, a total of four statues will be commissioned. The others are for former men’s 100m record holder Asafa Powell and multiple Olympic medallist, Veronica Campbell-Brown. “The ministry will commission four statues over the next two years for the following athletes – Usain Bolt, Shelly-Ann Fraser Pryce, Veronica Campbell-Brown and Asafa Powell,” said Grange. “The first two statues of Usain and Shelly-Ann will be completed in time for the Jamaica 55 Independence celebrations next year and the other two statues of Veronica Cambell-Brown and Asafa Powell for the following year,” she continued. Grange was speaking during a programme of celebration for Rio Olympians and Paralympians, at the Spanish Court Hotel in New Kingston, yesterday, adding the statues will be of the athletes’ liking. “Of course, the images will be subject to the approval of each athlete and the sculptor who is commissioned to do the work is the same sculptor who did the work for the Herb McKenley statue,” she pointed out of Basil Watson. The development plan for Independence Stadium Complex, which will include the national sports museum, according to Grange, will be done on a phased basis over a period of two years. “There are other plans that are in the works, but at this time I will hold those announcements for the future,” informed Grange. “I will emphasise that what we are doing is not just about celebrating the achievements of our athletes by having a big party, but we also will ensure that we have legacy projects that will be a lasting tribute to their achievements,” Grange stressed. She was speaking in reference to the Heroes weekend celebrations (October 14-16) for Olympians and Paralympians from the Rio Games, recently .last_img read more

first_img Share CFPB Consumers First Act Kraninger 2019-03-07 Staff Writer in Daily Dose, Government, News Thursday, the House Financial Services Committee held a hearing titled, “Putting Consumers First? A SemiAnnual Review of the Consumer Financial Protection Bureau.”While the first panel of this two-panel hearing included testimony by Kathy Kraninger, Director of the Consumer Financial Protection Bureau (CFPB), the second panel focused on a discussion on the draft of legislation titled Consumers First Act that was introduced by Chairwoman Maxine Waters and co-sponsored by 28 members of the committee.The second panel included testimonies from Hilary Shelton, Director & SVP for Advocacy and Policy, National Association for the Advancement of Colored People; Linda Jun, Senior Policy Counsel, Americans for Financial Reform; Jennifer Davis, Government Relations Deputy Director, National Military Family Association; Seth Frontman, Executive Director, Student Borrower Protection Center; and Scott Weltman, Managing Shareholder, Weltman, Weinberg & Reis Co., L.P.A.In her opening statement during the hearing, Chairwoman Maxine Waters highlighted the committee’s concerns with the CFPB. She said that the committee expected “ Kathy Kraninger to answer for Mick Mulvaney” and that the current administration at the CFPB  had “stripped the office of its ability to enforce fair lending, giving lenders a free pass to abuse servicemembers.”She questioned Kraninger, about the agency’s commitment to addressing these concerns. “The Committee does not believe Kraninger is doing enough to foster transparency and accountability or to change issues raised during her predecessor, Mick Mulvaney’s 13-month tenure,” Waters said.Some of the key questions asked of Kraninger by the committee during the hearing focused on consumer complaints, supervision and enforcement of the bureau staff, fair lending enforcement, staff diversity, and spending.On being asked how her relations with the White House influenced her decisions at the bureau, Kraninger maintained her decisions were not influenced and nor had the administration attempted to influence the CFPB. During her recent three month tour, Kraninger said that she had spoken with lenders and consumers “on the ground” and had a strong argument in defense of her initiatives and the Bureau’s ability to protect consumers, stating, “the Bureau is stronger at this time, not weaker” and that it was on the right track. Kraninger defended claims that sufficient efforts were not being made to police predatory lending.During the second panel, Waters said that her legislation, the Consumers First Act, would direct the new CFPB leadership to reverse all “anti-consumer actions” taken under Mulvaney’s leadership, including by resuming the previously authorized supervision of financial firms for Military Lending Act compliance; restoring the supervisory and enforcement powers of the Office of Fair Lending and Equal Opportunity; reestablishing a dedicated student loan office; requiring adequate agency staffing, including for supervision and enforcement; limiting the number of political appointees the CFPB may hire to address allegations that they suppressed the work of dedicated, professional staff; and reinstating the Consumer Advisory Board that was “effectively terminated by Mr. Mulvaney with protections to ensure consumer voices are well represented, and that diversity and inclusion is promoted on the agency’s advisory boards.” See a video of the hearing here.center_img CFPB’s Kraninger Addresses the Bureau’s Future Before Congress March 7, 2019 1,083 Views last_img read more