Donald J. Trump: “The H-1B is not high-skilled: the explicit purpose is substituting American workers at lower pay. I will end forever the use of the H-1 B as a cheap labor program, and institute an absolute requirement to hire American workers first for every visa and immigration program. No exceptions.”

View post on imgur.com “Megyn Kelly asked about highly-skilled immigration. The H-1B program is neither high-skilled nor immigration: these are temporary foreign workers, imported from abroad, for the explicit purpose of substituting for American workers at lower pay. I remain …

READ MORE

Donald J. Trump: “I will end forever the use of the H-1B and institute an absolute requirement to hire American workers. No exceptions.”

https://www.presidency.ucsb.edu/documents/statement-donald-j-trump-position-visas View post on imgur.com Statement by Donald J. Trump on Position on Visas “Megyn Kelly asked about highly-skilled immigration. The H-1B program is neither high-skilled nor immigration: these are temporary foreign workers, imported from abroad, for the explicit purpose …

READ MORE

More staes please follow this requirement

Federal judge dismisses challenge to Georgia’s citizenship verification process ATLANTAĀ –Ā A federal judge on Thursday dismissed a challenge to a Georgia policy requiring new citizens to provide ID in order to vote. The New Georgia Project is one of seven groups …

READ MORE

Harvard Brings Back SAT, ACT Requirement For Undergrads—Latest School To Reinstate Standardized Tests

Harvard University announced Thursday it will once again require standardized test scores for undergraduate admissions, the latest—and most high-profile—higher education institution to reverse its test-optional policy spurred by the Covid-19 pandemic. The standardized testing requirement will affect undergraduate students applying …

READ MORE

Federal Reserve Alert! The Fed announces the individual capital requirements for all large banks, effective on October 1. The minimum capital requirement is 4.5 percent; The stress capital buffer requirement is at least 2.5 percent. Buckle up!

by Dismal-Jellyfish Source:Ā https://www.federalreserve.gov/publications/files/large-bank-capital-requirements-20230727.pdf Wut mean?: Following its stress test earlier this year, the Federal Reserve Board today announced the individual capital requirements for all large banks, effective on October 1. Large bank capital requirements are in part determined by the …

READ MORE

Gary Gensler: “In the Dodd-Frank Act of 2010, Congress directed federal agencies, including the SEC, ā€œto remove any reference to or requirement of reliance on credit ratingsā€ from our rules and to substitute an appropriate standard for credit-worthiness This final rule fulfills Congress’s wishes”

by Dismal-Jellyfish Source: https://www.sec.gov/news/statement/gensler-statement-credit-ratings-060723 Today, the Commission is considering adopting a set of final rules to remove references to credit ratings from Rules 101 and 102 of Regulation M (Reg M). I am pleased to support these rules because they …

READ MORE

CCLF reset effective July 1, 2023. “All members are reminded that CCLF requirement provided by MBSD will be incorporated into such Member’s liquidity planning.”

by Dismal-Jellyfish https://www.dtcc.com/-/media/Files/pdf/2023/6/1/MBS1227-23.pdf This follows up on changes to the reset date and Look-Back Period: What is the Capped Contingency Liquidity Facility (ā€œCCLFĀ®ā€)? On April 25, 2017, the Commission approved FICC’s adoption of the Clearing Agency Liquidity Risk Management Framework …

READ MORE