CFPB Issues Final Rule to Facilitate Transition from LIBOR

FOR IMMEDIATE RELEASE:
December 7, 2021

MEDIA CONTACT:
Office of Communications
Tel: (202) 435-7170

CFPB Issues Final Rule to Facilitate Transition from LIBOR

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today finalized a rule facilitating the transition away from the LIBOR interest rate index for consumer financial products. The rule establishes requirements for how creditors must select replacement indices for existing LIBOR-linked consumer loans after April 1, 2022. No new financial contracts may reference LIBOR as the relevant index after the end of 2021. Starting in June 2023, LIBOR can no longer be used for existing financial contracts. The transition away from LIBOR was set into motion after a criminal rate-setting conspiracy implicated large international banks and undermined public confidence in the index. Approximately $1.4 trillion of consumer loans are estimated to be currently tied to LIBOR.

“The criminal manipulation of LIBOR by global financial institutions was extremely costly to our country,” said CFPB Director Rohit Chopra. “LIBOR will soon be a relic of history, and we will be working to ensure that companies make an orderly transition away from this index.”

Read Director Chopra’s statement on the transition from LIBOR.

The final rule, effective April 1, 2022, includes closed-end credit provisions that require creditors to choose an index comparable to LIBOR when changing the index of a variable rate loan, or consider it a refinancing for purposes of Regulation Z. To help creditors determine a comparable index for closed-end loans, the rule identifies certain Secured Overnight Financing Rate (SOFR)-based spread-adjusted indices recommended by the Alternative Reference Rates Committee (ARRC) for consumer products as examples to illustrate a reference rate that would be comparable to replace 1-month, 3-month, or 6-month tenors of USD LIBOR. Another closed-end credit provision of the final rule includes a non-exhaustive list of factors for creditors to help determine whether a replacement index meets the Regulation Z “comparable” standard regarding a particular LIBOR index. The rule also updates post-consummation disclosure sample forms for certain adjustable-rate mortgage loan products replacing LIBOR references with a SOFR index.

For open-end loans, the rule adds LIBOR-specific provisions to permit creditors or card issuers for HELOCs and credit card accounts to replace the LIBOR index and adjust the margin used to set a variable rate on or after April 1, 2022, if certain conditions are met. The creditor or card issuer generally must choose a replacement index that has historical fluctuations that are substantially similar to those of the LIBOR index and ensure that the new interest rate or APR is substantially similar. The rule provides creditors and card issuers with a non-exhaustive list of factors to consider when determining whether a replacement index meets the Regulation Z “historical fluctuations are substantially similar” standard regarding a particular LIBOR index, and identifies certain SOFR-based spread-adjusted indices recommended by the ARRC for consumer products and the Prime rate as examples of indices that meet this standard. The rule also finalizes change-in-terms notice requirements proposed by the Bureau for disclosing margin reductions for HELOCs and credit card accounts when LIBOR is replaced. To help consumers understand how creditors will determine rate changes in the variable rates for their loans, these disclosure requirements will be effective April 1, 2022, and have a mandatory compliance date of October 1, 2022. Further, the rule also amends Regulation Z to address how the requirement to reevaluate rate increases on credit card accounts applies to the transition from using a LIBOR index to a replacement index.

The Bureau is reserving judgment on the SOFR-based spread-adjusted replacement index to replace 1-year USD LIBOR until it obtains additional information. Once the Bureau knows which SOFR-based spread-adjusted index the ARRC will recommend for replacing the 1-year USD LIBOR index for consumer products, the Bureau will consider whether that index meets the comparability and “historical fluctuations are substantially similar” standards and, if so, whether to codify such determinations in a supplemental final rule.

Today’s rule follows other efforts by the Bureau to help financial markets prepare for the discontinuation of LIBOR. The CFPB is also issuing an updated set of Frequently Asked Questions (FAQs) to help creditors address other LIBOR transition topics, regulatory questions, and general implementation considerations. In 2020, the Bureau released an update to an important consumer resource on ARM loan products. The Consumer Handbook on Adjustable Rate Mortgages provides consumers information about the features and risks for those loan products. This year, the agency joined other financial, state bank, and credit union regulators to issue a statement on LIBOR discontinuation, emphasizing expectations for supervised institutions with LIBOR exposure to continue efforts in the transition to avoid undermining their financial stability, safety, and soundness.

To keep consumers informed about this important transition occurring in the financial markets, the CFPB also published a blog today with advice on navigating any issues that may arise.

Read the final rule.

Read the FAQs.

Read the blog post with consumer advice on navigating the transition away from LIBOR.

###

The Consumer Financial Protection Bureau is a 21st century agency that implements and enforces Federal consumer financial law and ensures that markets for consumer financial products are fair, transparent, and competitive. For more information, visit consumerfinance.gov

Paula Abdul to Judge the Uplive WorldStage Global Singing Competition

Announcing Grammy Winner Paula Abdul to Judge the Uplive WorldStage Global Singing Competition; Launch Press Event December 7th at the W Hollywood

 

 

Participants from over 150 Regions will Compete for Thousands in Prize Money and Talent Contracts

 

 

WHAT:                 Uplive, the largest independent global video social entertainment platform with more than 260 million registered users from over 150 countries, will announce its second annual global live streamed singing competition, Uplive WorldStage. Formerly known as Singing for the World, WorldStage, is judged by Emmy/Grammy award winner Paula Abdul and ranked by peer-voting. Last year’s competition drew over 4,000 participants from 20 regions around the world, and this year’s contest has expanded to over 150 participating regions. The grand prize includes a hit song and video produced by a Grammy producer, as well as a recording deal. The competition is the latest example of Uplive’s commitment to empowering creators with cutting-edge technology while providing a global stage upon which to showcase their talents.

 

The month-long competition will be streamed live 24 hours a day and will include head-to-head PK battles and a “party mode” where mentors, judges and viewers can participate. The top 100 finalists will receive talent host contracts from Uplive. There will be two top winners, one crowned by Paula Abdul as the overall winner and one “People’s Choice” winner crowned by other judges and viewers. Both winners will receive prize money, a virtual mentoring session with industry leaders, and a personalized song written by Grammy nominated producers. Winners will also have a chance to record at or join Uplive Boy Bands or Girl Bands in cooperation with KDS studios, which has produced albums for some of the biggest artists in the U.S. including Justin Timberlake, NSYNC, Usher, and Christina Aguilera. The competition starts December 7th, and more information can be found at https://www.upliveworldstage.com/2021

 

WHO:                In addition to Paula Abdul, keynote speaker and guest, Abigail Posner , a public speaker, show host, cultural anthropologist and women executive from Google will share her personal experience of how technology platforms are enabling content creators such as herself to express their creativity through honest and real authentic moments where people can truly connect. The competition will be judged by a group of high-level music producers, Grammy songwriters, record label executives and accomplished singers including Nathan T Wang ( famous Asian American music composer, director, Grammy and Oscar winner),Willie Baker (Grammy Nominated Producer), Ray De La Garza (Former Radio Disney VP, Record label owner), Chris Rosa (Grammy Nominated Producer), Azim (Sony Music EVP),  Lisa Chen (Producer, Singer, Philanthropist, and World Madam Global Chairwoman), and famous singer Sisi Zhang. Famous musician Kenny GLatin Billboard Artist Luis Coronel and many trending influencers such as Montana Tucker @montanatucker, @uldouz, @hanagiraldo, @carolinedecampos, @nikkigiavasisofficial etc also sent their shout out videos. More attendees will be announced and a few surprise guests.

 

WHERE:               The W Hollywood

6250 Hollywood Blvd. Hollywood CA

 

WHEN:                 December 7th, from 11Am pst to 3pm pst

Media check in 10 30- 11:00

Red carpet open 11:00-12:00

Press Conference to begin at 12pm to 1:30

 

Press RSVP to Juliette@itgirlpr.com/ one on one interviews with Paula Abdul and other key people/influencers

** credentialed press will have validated parking**

 

Luke Sevilla – 10 Year Old Menifee Wrestler – Caps off Rookie Season with 7 National Wrestling Titles

Luke Sevilla – 10 Year Old Menifee Wrestler – Caps off Rookie Season with 7 National Wrestling Titles

luke with flag

The Team So. Cal Youth Wrestler is a Stand-Out 4 Sport Athlete Who is Coached by Legendary California Coach – Steve Glassey, Juan Lopez and Ron Cota.Luke Sevilla turned 10 years old in May and started his wrestling career with the 3G Wrestling Club in La Verne, California at the age of 8 in the Summer of 2019, under Coach Brian Sandmark and Glenn Bell.  After about 6 weeks of training, the team went on hiatus – which is common among California wrestling clubs before Fall/Winter Leagues begin, then resumed and competed in the California Age Group Wrestling Association (CAGWA) as an Intermediate (Beginning) Wrestler; Luke would lose his first 8 matches but then win several matches and place in several CAGWA League Tournaments; including 2nd Place in the Temecula Battle for the Belt Tournament. He would repeatedly lose to the same wrestlers in the finals (especially friend and multi-Champion – Ace Aguilar – then of the league’s dominant Cal Grapplers Wrestling Club) but would begin to close the gap. Luke would then break his hand in a non-wrestling accident and become inactive for several weeks while wearing a cast. Having barely qualified for the CAGWA League Championship Tournament, Luke’s cast was removed early and he chose to compete in the League Finals but failed to make weight in his 86 lb. weight class, but chose to compete in the 93 lb. weight class and would dominate his competition, becoming the 2019 CAGWA League 93 lb. Champion (Aguilar would dominate the 86 lb. weight class and be crowned Champion there).

In January/February of 2019 Global Pandemic struck and youth wrestling – like all other sports – was shut down and Luke went 6 months without competing or training with a club and during this time moved from Jurupa Valley to Menifee, California. However, Luke would continue to train hard for his various sports in his home gym with his father, Tommy Sevilla, who also coaches him in wrestling (tournaments), boxing, baseball and football. Not agreeing with the liberal Democrat politics related to COVID-19, Tommy would pack the family up and take Luke and the family to compete in national wrestling competitions in Iowa, Missouri, Idaho, Arizona and Nevada (Arizona and Nevada several times) where Luke would capture impressive wins and at times dominate the RMN Events Rookie Divisions in various weight classes, even the Heavyweight Division while weighing less than 100 lbs.

Luke would eventually become a nationally ranked All-American wrestler; ranked #1, #2 and #3 in the RMN National Rankings for Rookies in various weight classes – earning 5 National Event Rookie Titles; including 2 weight classes at the Arizona Showdown, 2 weight classes at the Arizona Rumble and 1 at the Supreme Nationals.

Luke would also compete simultaneously in the Boys 9u and Boys 10u brackets and place 3rd at 100 lbs at the prestigious and ultra-competitive Freak Show of Wrestling Tournament in 2020 and breakthrough the non-Rookie Divisions with 2 National Event Titles in Boys 9u and Boys 10u, with one championship at the 2021 Supreme Nationals in Las Vegas and the other at the 2021 D-Day on Broadway Wrestling Tournament in San Diego, California this Summer.

Luke would also win or place at local and regional 10u wrestling tournaments in Bakersfield and San Diego, while regularly wrestling in 3 weight classes or brackets and even continue to wrestle 8 more matches (12 total matches) with a broken nose that was snapped back into place, at the prestigious Rocky Mountain Nationals, where he would earn two (2) second place finishes and a fourth, improving upon a single 3rd place finish the year before.

At one point during the 2021 season, Luke reeled off 17 straight wins without a loss and at his most recent tournament, wrestled in the Rookie Heavyweight finals against a fellow rookie wrestler who weighed 146 lbs. – 48 lbs. heavier than Luke. Luke would win the match 5-3, easing off a pin in the first period to show sportsmanship; himself almost getting pinned as he attempted to throw his much heavier competitor.

Luke is currently ranked #1, #2 and #3 in various weight classes and divisions in the RMN Rankings and has earned NUWAY All-American Wrestler status numerous times.

Luke’s younger sister, Gracie Sevilla (a Type 1 Diabetic competitive athlete), would also begin training as a wrestler with Coach Glassey’s Team So. Cal during the 2021 season and would win her first several wrestling matches; the opposite of her brother Luke, even winning a national tournament in Phoenix, Arizona – also earning the Most Outstanding Wrestler Award – as well as a regional tournament in Bakersfield, California.

Luke has trained at Coach Steve Glassey’s prestigious Camp of Champions, Northview High School Wrestling Camp and Poway State Champ Camp and others, learning from wrestling champions, coaches and clinicians such as: Steve Glassey, Boris Novachov, Steven Neal, Christian Pagdilao, Wayne Brandstetter, Brody Barrios, Logan Stieber and others.

Luke is a fan of American and International Freestyle, Greco and Folkstyle Wrestling. His favorite wrestlers are Jordan Burroughs, Dave Taylor and Kyle Synder. Luke trains and competes while wearing the Matabourne Terra Grappler Zahid Valencia wrestling shoes.

Luke Sevilla is showing great potential as a Boxer training at the Temecula Boxing Academy alongside undefeated and up and coming Pro Boxer, Raul Lizarraga and his brother, Christopher Lizarraga. Luke is trained by his father at home and at the Temecula Boxing Academy by Navy Veteran and Coach Jesse Moreno and veteran welterweight professional contender, Felix Nance – who fought Hall of Famer, James “Buddy” McGirt, twice for the Title. Luke began his amateur boxing career at the Jurupa Valley Boxing Club and with the support and guidance of the World Boxing Hall of Famer and 1968 U.S. Olympian – Armando Muniz.

Luke’s late grandfather, Tommy Pimentel, was a lightweight contender with an undefeated record, who was trained by the legendary lightweight – Henry Armstrong at the storied Main Street Boxing Gym in Los Angeles.

Luke’s great grandfather – Antonio Pimentel – now 98 years old, was a boxer in Mexico City and Luke’s father, trained as a youth at the Chino Boxing Club, La Verne Boxing Club and Sanger Youth Boxing Club (which he and his step-father, Dave De Leon founded in 1983) under the coaching of such luminaries as Jack Mosley (Sugar Shane was a sparring partner), Bobby Sedillo, Mike Sedillo and Chuck Bodak.

Luke is set to have his first fight soon, possibly by the end of 2021; the Pandemic and his other sports have set back his boxing debut twice already.

Luke was a 10u All-Star in the Spring of 2021 for Menifee Valley Little League, also taking his 2021 AAA Menifee Little League Spring Team to the District 28 Tournament of Champions after winning a League Title. 5 games into the Fall 2021 Season, Luke has recorded 23 stolen bases and has hit 3 home runs and has a + 800 batting average to lead his team, playing Pitcher, Catcher, Shortstop and First Base.

Luke Sevilla is a member of the Elite 7 on 7 Murrieta Frat Boyz competition football team, and also a starter on the D1 Micro Murrieta Junior All-American Football League Team – both coached by Vista Murrieta Defensive Coordinator –  Chris Mercadal; the Broncos are currently 6-0 and headed for the playoffs. Luke plays Quarterback, Defensive End, Linebacker, Running Back and Special Teams.

Luke is a sports focused youth who aims to always remain humble and always give God the glory for his talents and achievements. He has a dream and a goal of playing football or baseball collegiately at the Division 1 Level and specifically football at the University of Southern California or wrestling and boxing in the Olympics.

Aside from sports, Luke enjoys spending time with his family and outdoor activities. Luke, a USC Trojan Football fan, is mentored by and has been trained by former Southern Utah and Utah Defensive Lineman, Turnbull Tuliaupupu, whose son, Solomon Tuliaupupu, the nation’s best high school linebacker in 2018, is coming off two season-ending injuries to play his first snaps at USC soon this year. Solomon “Solo” Tuliaupupu, who often boldly expresses his faith in Jesus Christ, is an athlete Luke has spent time with and greatly admires and looks up to.

 

luke qbluke with his medals 2021luke landing a right hand 2021Luke stole third base 2021

country music press release

Billy Bob’s Texas Hosts Live Watch Party To Celebrate Its 39th Anniversary Live at Billy Bob’s Texas Now Airing on Circle

Billy Bob’s Texas Hosts Live Watch Party To Celebrate Its 39th Anniversary
Live at Billy Bob’s Texas Now Airing on Circle

Received 18th nomination for ACM
Club Of The Year

FORT WORTH, Texas – The legendary Billy Bob’s Texas, located in the heart of the Fort Worth Stockyards National Historic District, first opened in 1981. While concerts for April have been postponed due to social distancing as a result of the COVID-19 virus, the colossal Billy Bob’s Texas will continue their concerts as soon as possible.

While events may have been halted temporarily, Billy Bob’s Texas is doing their part to help the community and give back wherever possible. As part of a local effort, Billy Bob’s Texas recently partnered with Carter Bloodcare for a special community blood drive. A total of 339 units of blood were collected as a result and will be used to aid those in need.

As a way to celebrate the 39th anniversary of Billy Bob’s Texas on April 1, there will be a special watch party featuring some of the area’s most well known local talent. Artists performances will include Abraham Alexander, Austin Allsup, Bonnie Bishop, Chad Prather, Brad Thompson, Grady Spencer, Jack Barksdale, Jerrod Flusche, Johnny Cooper, Josh Weathers, Kris Luv, Matthew McNeal, Michael Lee, Rob Redwine, Smooth Vega, Summer Dean and more!

“Though we are moving through unprecedented times in the entertainment industry and the world with the COVID-19 pandemic, we still wanted to find a way to honor this milestone,” says Keitha Spears, Director of Marketing at Billy Bob’s Texas. “Parties at Billy Bob’s Texas typically take place on our dancefloor and in the showroom with several thousand of our closest friends, but that just isn’t an option this year. This watch party is a way for us to celebrate 39 incredible years in the Historic Fort Worth Stockyards while staying safe and doing our part to flatten the curve. We are thrilled to partner with Visit Fort Worth and Tarrant to showcase local musicians and raise money for our creative community.”

There will be a virtual tip jar in association with the watch party where viewers can make donations that will that will go directly to the United Way of Tarrant County, Hear Fort Worth, Film Fort Worth Creative Industry Relief Fund which was developed to help support musicians, visual artists, and filmmakers who have lost work due to COVID-19. The initiative spearheaded by Hear Fort Worth is an extension of Fort Worth musician Rachel Gollay’s Artist & Service Worker Relief Fund.

The watch party can be seen on Billy Bob’s Texas Facebook page or by visiting here.

Billy Bob’s Texas has earned an impressive 10 ACM Nightclub of the Year Awards with 18 nominations. In 2020, the Academy of Country Music once again nominated Billy Bob’s for Club of the Year!

There are a handful of concerts that were postponed that have been rescheduled such as Easton Corbin (6/19), Justin Moore (9/26), Colter Wall (11/19) and more dates coming soon.

For more information on all rescheduling and future announcements, visit www.billybob’stexas.com.

Circle now airing Live At Billy Bob’s Texas!
Live at Billy Bob’s Texas gives the listener a front row seat to concerts at the World’s Largest Honky Tonk. The music series has compiled powerful performances featuring hits from legendary country music artists like Merle Haggard, Willie Nelson, Charlie Daniels, Eddy Raven, Gary Stewart, Asleep at the Wheel, Janie Fricke and more.

Now, Circle network is carrying Live At Billy Bob’s Texas! Launched in January, Circle Media celebrates the country lifestyle and puts fans inside the circle of everything country. Circle offers entertainment news, documentaries, movies, archival, new and licensed programming, Grand Ole Opry performances, and more. Based in Nashville, Circle includes a linear network as well as a companion over-the-top (OTT) premium entertainment service which is expected to launch in spring 2020. Circle is a joint venture between Opry Entertainment Group, a subsidiary of Ryman Hospitality Properties, and Gray TV.

Live at Billy Bob’s Texas will air:
Wednesday, April 01 4:00pm EST – Billy Joe Shaver
Wednesday, April 08 4:00pm EST – Larry Gatlin & The Gatlin Brothers
Wednesday, April 15 4:00pm EST – The Charlie Daniels Band
Wednesday, April 22 4:00pm EST – Collin Raye
Wednesday, April 29 4:00pm EST – Tracy Byrd

Go to CirclePlus.com for shows, schedules and a simple guide to getting the channel.

Visit BillyBobsTexas.com/live-at-billy-bobs for more information.

Location:
Billy Bob’s Texas
Historic Fort Worth Stockyards
2520 Rodeo Plaza
Fort Worth, Texas 76164
(817) 624-7117
DIRECTIONS

About Billy Bob’s Texas:
Located in the heart of the Fort Worth Stockyards National Historic District, the 100,000 square foot cattle barn became Billy Bob’s Texas in 1981. Since then more than 17 million visitors have enjoyed live entertainment and real bull riding at “The World’s Largest Honky Tonk”.

The facility can hold 6,000 rowdy patrons on a given night and has been host to hundreds of musical acts, from Alan Jackson to ZZ Top. On Fridays and Saturdays, the venue also features live bull riding – a step up from the mechanical variety. It seems like an unlikely source for a series that has sold millions of albums.

Billy Bob’s has been named the Country Music Club of the Year 10 times by the Academy of Country Music.

To buy Billy Bob’s Texas merch, or any of the Live at Billy Bob’s Texas CDs and DVDs, click here to visit the online store, or to buy tickets for special events and concerts, go to billybobstexas.com.

About United Way of Tarrant County:
United Way of Tarrant County has worked to improve the lives of those in our communities since 1922. As a nonprofit leader, we bring together individuals, groups, donors and service providers to help solve some of the toughest social issues affecting Tarrant County. Each year, United Way of Tarrant County helps more than 300,000 people through its resources. United Way of Tarrant County has no fees on donor designations, with 100 percent of the donations going to the selected agency or cause.

For important updates and more information visit Billy Bob’s Texas social channels linked below.

Instagram | Twitter | Facebook | YouTube

# # #

Suggested Tweet:
.@CircleAllAccess now airing @LiveatBBT! Watch party celebrating 39th anniversary on April 1st will raise funds for #HearFortWorth & @UnitedWay. @BillyBobsTexas receives @ACMAwards nomination for #ClubOfTheYear!
Midland’s video for “Burn Out” was filmed at Billy Bob’s in Fort Worth, Texas.
Midland’s video for “Burn Out” was filmed in one continuous take, in the center of the dance floor at Billy Bob’s in Fort Worth, Texas.
Live at Billy Bob’s Texas
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Billy Bob’s Texas Media Contacts:
Jeremy Westby, jpw@2911.us, 833-537-2911 x800
Scott Sexton, scott@2911.us, 833-537-2911 x802

consumer

CONSUMER FINANCIAL PROTECTION BUREAU ISSUES REQUEST FOR INFORMATION TO ASSIST TASKFORCE ON FEDERAL CONSUMER FINANCIAL LAW

FOR IMMEDIATE RELEASE:
March 27, 2020

MEDIA CONTACT:
Office of Communications
Tel: (202) 435-7170

###

CONSUMER FINANCIAL PROTECTION BUREAU ISSUES REQUEST FOR INFORMATION TO ASSIST TASKFORCE ON FEDERAL CONSUMER FINANCIAL LAW

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) issued today a request for information (RFI) to assist the Taskforce on Federal Consumer Financial Law (Taskforce) with recommendations on harmonizing, modernizing, and updating the federal consumer financial laws.

The Taskforce seeks input from the public at this time to help identify areas of consumer protection on which it should focus its research and analysis during the balance of its one-year appointment.  The RFI will be one of multiple opportunities for the public to provide feedback directly to the Taskforce and thus to help inform its recommendations.  More specifically, the RFI seeks comments and other information on the following topics: expanding access to consumer financial products and services; protection and use of consumer data; regulations the Bureau writes and enforces; federal and state coordination; and improving the market for consumer financial products and services.  The comment period for the RFI will close 60 days after the date of its publication in the Federal Register.  The comment deadline will be provided on the Bureau’s website.

The Taskforce is an independent body within the Bureau and reports to Director Kathleen L. Kraninger.  It is charged with examining the existing legal and regulatory environment facing consumers and financial services providers and reporting its recommendations for ways to improve and strengthen federal consumer financial laws to the Bureau’s Director.  The Taskforce’s recommendations may include actions that the Bureau could carry out using its current authorities and actions that would require legislation to implement.  The Taskforce will produce new research and legal analysis of consumer financial laws in the United States, focusing specifically on harmonizing, modernizing, and updating the federal consumer financial laws—including their implementing regulations—and identifying gaps in knowledge that should be addressed through research, ways to improve consumer access to and understanding of markets and products, and potential conflicts or inconsistencies in existing regulations and guidance.

The Taskforce members were announced in January 2020 and they are expected to deliver their findings to Director Kraninger within the span of one year.

The public is invited to submit written comments on the RFI.  The Taskforce will carefully consider the comments before delivering its findings to the Director.

To read the RFI click here: https://files.consumerfinance.gov/f/documents/cfpb_rfi_taskforce-on-federal-consumer-financial-law.pdf.

To learn more about the Taskforce click here: https://www.consumerfinance.gov/about-us/taskforce-federal-consumer-financial-law/.

The Consumer Financial Protection Bureau is a 21st century agency that helps consumer finance markets work by regularly identifying and addressing outdated, unnecessary, or unduly burdensome regulations, by making rules more effective, by consistently enforcing federal consumer financial law, and by empowering consumers to take more control over their economic lives.  For more information, visit consumerfinance.gov.

country music press release

MUSIC COMMUNITY REMEMBERS JOE DIFFIE

MUSIC COMMUNITY REMEMBERS JOE DIFFIE

“What a devastating loss… times like these leave me speechless. Joe and I played more shows together than I can count. My heart goes out to his wife Tara and his children. He will be missed. May God Bless us all.” – Doug Stone

*In addition to touring together, Joe co-wrote “Burning Down This House” for Doug: Click Here

“I’m shocked and saddened by the news of Joe Diffie’s passing. I was fortunate to get to know Joe and tour with him in the 90’s. I always enjoyed hearing him hit the big notes on those classic ballads. He was such a strong singer. I recently came across some old footage of us cutting up during a TV taping. He had a wicked sense of humor. This is a big loss for all of us. My condolences go out to his family and friends and all of his fans.” – Terry McBride

*License a photo of Joe and Terry: Click Here

“Joe Diffie was the ‘pickup man’ — always had a smile and a story, to cure and encourage. It was my fortunate blessing to come along the same time JD did, in music —so many great memories, and so many times he ‘propped me up.’ The trailer that Bud Hunter hauled all across the country on our tour for years was the one we got from Joe — it had 71 on it, because that was Joe’s golf score, so Bud left it there. I guess he was always with us and always will be! Mary and I send love and prayers to Tara and the family, in this unbearably sad moment, as country music is left with a huge void. Rest easy my friend, shoot 71 every day — til we sing together again. I love you brother.” – Randy Travis, Country Music Hall of Fame and Grand Ole Opry member

*Randy and Joe were featured on “Same Old Train” with a slew of fellow artists in 1998: Click Here

“We’re all shocked and saddened to hear the news of my friend Joe Diffie’s passing. Joe and I toured for a year together along with Travis Tritt. Everyday he would come by my bus about noon and we would go to lunch together. He was a warm-hearted, good-natured, fun-loving man with an extraordinary voice. I will miss him.” – Lee Roy Parnell

*Check out Diffie, Parnell and Tritt on American Music Shop: Click Here
*Read Variety’s review of their package tour: Click Here

“I am in total shock hearing about our dear Joe! He is among everyone’s favorite singers. I was blessed to write a few big ones for Joe. ‘A Night To Remember’ and he one he took a big chance on ‘Tougher Than Nails.’ Nashville will never be the same without Joe Diffie.” – Max T. Barnes

*For a playlist of Joe Diffie songs penned by Barnes: Click Here
*For a photo of Diffie, Barnes and T.W. Hale: Click Here

“Rest in peace, Joe Diffie. Country music‘s huge loss of my friend, a great singer and songwriter. May God Bless his family and friends.” – Jerry Lee Lewis, Rock and Roll Hall of Fame member

“Joe Diffie’s music is in heavy rotation in the soundtrack of my life. He was one of the first major artists I ever opened for and I will never forget how gracious he was to me and my band. Much love, thoughts and prayers for his family during this time.” – Paul Bogart, country artist and fellow Oklahoman

“Oklahoma lost a favorite son and the country music world lost an incredible voice yesterday. Joe Diffie and his music were the soundtrack to so many good times, it’s hard to believe he’s gone. He was a real neotraditionalist and his influence is still heard in new artists today. Thanks for the music, Joe.” – James Robert Webb, country artist and fellow Oklahoman
A SPECIAL NOTE ON JAN HOWARD

In addition to Joe Diffie, the country music community lost my dear friend, Jan Howard, this weekend. Jan was the oldest living member of the Grand Ole Opry, having just celebrated her 91st birthday. My full thoughts and remembrance of her can be read on my Facebook page. Her ties to our 117 family run deep, especially with one of her closest friends, Bobby Bare. Both Bare and Jan have told me stories of when he would visit Nashville, prior to moving here in the early ’60s. He would sleep in Jan’s bathtub if there wasn’t an open couch or bed in the house! In college, I interviewed Jan and we went deep into her story and the loss of her sons, it was an intense and emotional interview, I will forever cherish this memory along with all the others I have with Jan, including square dancing at the Longhollow Jamboree and brunching at the Loveless Cafe. – Zach Farnum

Media Contact:
Zach Farnum | zach@117group.com | 615-997-0100

country music press release

JOE DIFFIE PASSED AWAY AT AGE 61 FROM COMPLICATIONS OF CORONAVIRUS (COVID 19)

JOE DIFFIE MEDIA CONTACT:
Scott Adkins / scott@adkinspublicity.com
Kelli Wasilauski / kelli@adkinspublicity.com

JOE DIFFIE PASSED AWAY AT AGE 61 FROM COMPLICATIONS OF CORONAVIRUS (COVID 19)

NASHVILLE, Tenn. – GRAMMY®-winning country music legend Joe Diffie passed away today, Sunday, March 29, from complications of coronavirus (COVID-19). His family respects their privacy at this time.

ABOUT JOE DIFFIE
CMA and GRAMMY®-winning country music legend Joe Diffie continues to be celebrated in hit song homages from Jason Aldean (“1994”) to Chris Young (“Raised On Country”), with a reign that includes 13 albums and more than 20 Top 10 hits to his credit. As one of the most successful singer/songwriters of the 1990s, Diffie also penned hits for artists like Tim McGraw, Conway Twitty, and Jo Dee Messina. A Tulsa native, his chart-dominating iconic songs include: “Home,” “If The Devil Danced (In Empty Pockets),” “New Way (To Light Up An Old Flame),” “Ships That Don’t Come In,” “Honky Tonk Attitude,” “Prop Me Up Beside The Jukebox,” “John Deere Green,” “Third Rock From The Sun,” “Pickup Man,” “So Help Me Girl,” “Bigger Than The Beatles,” “Texas Size Heartache,” “A Night To Remember,” “It’s Always Somethin’” and many more. Recently, he released Joe, Joe, Joe Diffie!, his first-ever vinyl LP. The Oklahoma Music Hall of Famer also celebrated a pinnacle career milestone of more than 25 years as a member of the historic Grand Ole Opry.

Joe Diffie
Photo Credit: Crystal K. Martel
(click to download)
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CARES Act Passes House & Heads to the President

COVID-19 Update March 27, 2020

COVID-19

CARES Act Passes House & Heads to the President

March 27, 2020 —Today, the House of Representatives passed a historic stimulus package known as the Coronavirus Aid, Relief, and Economic Security or “CARES” act, which contains an unprecedented $2.2 trillion in total financial relief for businesses, public institutions and individuals hit hard by the COVID-19 pandemic. The Senate passed the bill earlier this week and President Trump is expected to sign the legislation into law shortly.

Included in the CARES act are critical provisions from Senator Marco Rubio’s bipartisan Keeping American Workers Paid and Employed Act, a small business emergency economic relief plan that provides more than $377 billion for small businesses to meet their payroll and expenses, and receive education and assistance throughout the coronavirus pandemic. Provisions like the Paycheck Protection Program in this act will assist small businesses in retaining employees through these difficult times. The program has $350 billion dollars to support employers with 500 employees or less to maintain their payroll. This program is retroactive to February 15, 2020 to help bring workers who may have already been laid off back onto payrolls as well. Many PCA members will be eligible for provisions of the CARES act when it is signed into law.

Resources:

Keeping American Workers Paid and Employed Act
Full Text of the CARES Act

Stay up-to-date on all COVID-19 information, resources and news by visiting (and bookmarking) our COVID-19 web page.

COVID-19 Resources

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USA Boxing National Office Staff Working Remotely and Recommends Gyms Close Until March 31

USA Boxing National Office Staff Working Remotely and Recommends Gyms Close Until March 31

By USA Boxing | March 17, 2020, 4:18 p.m. (ET)

USA Boxing national office staff has been monitoring and receiving updates from the United States Olympic and Paralympic Committee (USOPC), who is working the World Health Organization (WHO) and the United States Center for Disease Control (CDC) regarding Coronavirus (COVID-19).

Based on the recommendation of the USOPC and the El Paso County Colorado Health Department and to minimize potential exposure to boxers, staff, their families and the public, USA Boxing is encouraging office staff to work remotely through March 31, 2020.

Also, based on the recent U.S. Government guidelines released, USA Boxing strongly recommends all boxing clubs and gyms close through March 31, 2020. We will continue to monitor and evaluate this need based on information received from government agencies and medical authorities.

For those registered clubs in cities or towns that have their local governments requiring the closing of health clubs and gyms, please follow those guidelines and requirements until those are lifted.

Staff members have the ability and are expected to perform the same duties that they normally would as if in the office. Members needing to speak with USA Boxing staff, please email or call the USA Boxing Membership Services line, membership@usaboxing.org or 719-866-2323. If calling, please leave a voicemail, and a staff member will return your call and try to assist you to the best of our abilities from home.

As a reminder, all USA Boxing sanctioned events are suspended until March 31 at this time.

USA Boxing’s main objective is the safety of our 50,000 registered members and their families.

We hope all our members are practicing social distancing and following the U.S. Governments guidelines to help slow the spread of the coronavirus.

Sevilla Local Media

Judicial Watch Sues State Department for Text Messages of Hillary Clinton and Huma Abedin

March 10, 2020 | Judicial Watch

Judicial Watch Sues State Department for Text Messages of Hillary Clinton and Huma Abedin

(Washington, DC) Judicial Watch announced today that it filed a Freedom of Information Act (FOIA) lawsuit against the State Department for all text and other electronic messages of former Secretary of State Hillary Clinton and former Deputy Chief of Staff Huma Abedin after discovering an email that strongly suggests Clinton used text messages for official business (Judicial Watch v. U.S. Department of State (No. 1:20-cv-00441)).

In January 2020, Judicial Watch released emails that included an August 2011 email from Abedin to Clinton stating: “Sent you a couple of text messages.” The email was among other emails that had only recently been found by the FBI and produced to the State Department. Last week, a federal court criticized the State and Justice Departments for providing no explanation about how these emails were found at this late date:

State failed to fully explain the new emails’ origins when the Court directly questioned where they came from.

Judicial Watch filed its recent FOIA lawsuit after the State Department denied any responsive records exist in response to two January 2020 FOIA requests for:

All text messages, encrypted app messages and instant messages involving official government business sent or received by former Secretary of State Hillary Rodham Clinton from January 1, 2009 through February 1, 2013.
All text messages, encrypted app messages and instant messages involving official government business sent or received by former Deputy Chief of Staff Huma Abedin from January 1, 2009 through February 1, 2013.

“Where are Hillary Clinton’s text messages?” asked Judicial Watch President Tom Fitton. “Judicial Watch uncovered the hidden Clinton emails and now we’ve uncovered that Secretary Clinton and her top aide Huma Abedin used text messages.”

In March 2020, U.S. District Court Judge Royce C. Lamberth granted Judicial Watch’s request to depose Clinton about her emails and Benghazi attack documents. The court also ordered the deposition of Clinton’s former Chief of Staff Cheryl Mills and two other State Department officials.

Additionally, the court granted Judicial Watch’s request to subpoena Google for relevant documents and records associated with Clinton’s emails during her tenure at the State Department.

Clinton repeatedly stated that the 55,000 pages of documents she turned over to the State Department in December 2014 included all of her work-related emails. In response to a court order in another Judicial Watch case, she declared under penalty of perjury that she had “directed that all my emails on clintonemail.com in my custody that were or are potentially federal records be provided to the Department of State, and on information and belief, this has been done.”

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