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first_img SHARE Email Facebook Twitter Governor Wolf Announces Consumer Financial Protection Initiative November 12, 2015center_img Economy,  Efficiency,  Government That Works,  Press Release,  Results,  Seniors Harrisburg, PA – Today, at the opening of the Ann B. Barshinger Financial Empowerment Center, Governor Wolf announced a consumer financial protection initiative.“Today, I am announcing the administration’s Consumer Financial Protection Initiative in order to educate the public about financial protection and best practices in a concise, efficient way,” said Governor Wolf.Secretary Robin Wiessmann began consolidating roles and breaking down institutional silos within the Department of Banking and Securities, looked at new ways to get things done, and developed new and more effective ways to meet consumer needs for financial education.During this process, Brian LaForme who is the director of the Department of Banking and Securities outreach program, took office and staff from within the department, consolidated and integrated their work into a new “Financial Services for Consumers and Business” division.The initiative, which is part of Governor Wolf’s “Government that Works” tour, has four goals.The first goal is to help protect consumers from illegal, “easy money” types of lending from out-of-state companies. These predatory loans, which are heavily advertised on the Internet, might seem appealing during the cash crunch of the holidays, but they can create huge financial hangovers for the borrower in the new year.Working cooperatively with PennDOT, the Department of Banking and Securities will shortly begin sharing information from trusted sources with consumers who are at risk of losing their cars to companies offering “easy money” loans using car titles as collateral.Secondly, this initiative will help health care and legal professionals identify signs of elder financial abuse and prevent this crime. As our commonwealth population grows older, more of our senior citizens are at risk of having their hard-earned retirement savings stolen.Working with the Investor Protection Trust and the Department of Aging, the Department of Banking and Securities will be stepping up efforts to reach the professional communities our seniors most depend upon with information and resources to help them better cope with this threat to our community of senior citizens.The third goal is working to find new ways to help working adults save for their retirements. Not enough people in this country currently facing retirement have saved enough money to have the kind of retirement they want.The Department of Banking and Securities is working on creating awareness of existing tools that working adults can use to create the kind of nest eggs they need. The department is also looking for and studying new approaches for consumers to ensure their financial futures in retirement.Finally, this initiative works to establish a state government interagency financial education exchange for consumers. More than a dozen Pennsylvania state agencies offer some form of financial education and consumer outreach. Until now, these agencies have not shared information with each other about what services they offer consumers or even what information they share with consumers.This exchange will help ensure that state agencies work in a coordinated fashion. For instance, if you call the Banking Department on an issue actually related to, say, insurance or unemployment compensation or taxes, you will actually get referred to the right agency that can answer your question. This exchange will help ensure that state agencies will not distribute potentially conflicting information with consumers.This exchange is working to create a portal of information from trusted sources — a “one-stop shop” for help on financial services and products.Earlier this year on the “Government that Works” tour, Governor Wolf gave remarks at the opening of Hulton Bridge, signed an executive order designed to correct the course of the Commonwealth with respect to state contracting opportunities for small diverse businesses, announced a plan to enhance the health insurance coverage available to all Pennsylvania children enrolled in the Children’s Health Insurance Program (CHIP) and instituted online voter registration.# # #Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolflast_img read more

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first_img Associated Press April 1, 2020 The flame arrived in Japan from Greece on March 20 and the torch relay was to have started last week from Fukushima. The flame has remained in the prefecture with Wednesday’s event merely ceremonial.The Fukushima prefecture is the region of Japan that was devastated in 2011 by an earthquake, tsunami, and the subsequent meltdown of three nuclear reactors.Olympic officials have postponed the Tokyo Games until next year with the opening now set for July 23, 2021.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 ___English soccer authorities say there are “no quick answers” to the question of when play can resume following the coronavirus outbreak.The Premier League, English Football League and Football Association say in a joint statement there will be play “only when it is safe to do so.”They say clubs and supporters have a role to play in the meantime “in supporting the government’s guidance and ensuring community strength and solidarity.”The most recent update from soccer authorities said there will be no play until April 30 at the earliest. A leading fan group at Neman Grodno says its members will stop attending games and they have urged supporters for other teams to do the same.The fans have called on the national soccer federation to “draw on some courage and stop the Belarusian championship, as the rest of the world has done.”Fans of Shakhter Soligorsk have also said they will stop going to games “until the epidemiological situation allows us to return to the stands.” But they stopped short of calling for the season to be suspended.Belarus is the only nation in Europe still hosting professional soccer games with fans in the stadium.International players’ union FIFPro says players in Belarus have reached out with concerns about playing during the coronavirus pandemic. Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Soccer fans from two clubs in Belarus say they will stop going to games because of the coronavirus. The Latest: Soccer fans in Belarus to stop attending games ___A hockey team and a soccer club in Russia face being removed from their leagues after government financial support was diverted to fight the coronavirus.The sports ministry in the far eastern region of Primorsky Krai says it sees no point in funding player contracts for another season if it’s not clear when competitions will resume. It wants the Admiral Vladivostok hockey club to drop out of the Kontinental Hockey League and the Luch Vladivostok soccer team to drop down two divisions into the amateur leagues.The ministry says regional funding earmarked for professional sports will instead go into an anti-coronavirus fund.Many Russian sports team rely heavily on regional governments and state-owned companies for much of their funding. Primorsky Krai is the first region to impose such drastic cuts. All major sporting events in Russia are currently suspended.___The Olympic flame will be on display until the end of April in Japan’s northeastern prefecture of Fukushima.Tokyo Olympic and prefecture officials held an official “handover ceremony”on Wednesday at the J-Village National Training Center in Fukushima.The public will have limited access to view the flame, and organizers hope to limit the crowd size because of restrictions in place for the coronavirus.last_img read more

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first_imgBudget 2017Finance Minister Winston Jordan has assured that the Ministry is on stream in presenting its Annual Budget for 2017 come December 5, but shied away from any specific details regarding any increases in taxes or fees to be paid by stakeholders. “It’s going to be a lovely budget, don’t worry,” he quipped.Finance Minister Winston JordanMinister Jordan was at the time engaging members of the local media corps on Friday last at the Finance Ministry’s boardroom. Asked specifically by Guyana Times about any increased payments to be made by taxpayers or those seeking to access Government services, Minister Jordan said: “I cannot speak to anything beyond what has already been done earlier in the year, as it relates to the raising of fees, and so on and so forth this year.”He suggested that stakeholders wait for the details, saying “The upcoming budget, we’ll wait on it, in a couple more months. It’s going to be a lovely budget, don’t worry.”Meanwhile, responding to reported criticism on the lack of adequate consultations by Government in preparation of the Budget by sections of the Private Sector, namely the Georgetown Chamber of Commerce and Industry (GCCI), Minister Jordan denied being in receipt of any formal complaint of displeasure from that body.The Minister reminded that he had met with representatives of the Private Sector Commission earlier this year “where I reiterated to them that at the last consultation I had said to them, we can meet every quarter”.He told media operatives that representatives of the Private Sector Commission (PSC) had admitted to him their tardiness in meeting with Government on the annual budget preparations.The Minister did seek to assure stakeholders; however, “We are on track for the Budget for December 5.”He said the relevant personnel were currently assessing the various submissions by Budget Agencies, “to get an understanding of how they were put together and whether they are consistent with what they are looking for”.Since the coalition Government’s ascension to office, two National Budgets were presented early by the Finance Minister.By law, the National Budget should be debated and approved by the National Assembly and approved for assent by the President no later than April 30 of each year.last_img read more

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