CUNA engaged w/ Congressional efforts to exempt CUs from MLA

first_img continue reading » While the Department of Defense (DOD) has affirmed the Military Lending Act’s (MLA) effective date for credit card accounts of Oct. 3, CUNA is engaged with legislators to build support for efforts to exempt credit unions from the rule. Rep. Paul Cook. (R-Calif.), member of the House Armed Services Committee, circulated a Dear Colleague letter this week requesting DOD exempt credit union from the MLA regulation as amended in July 2015.Cook’s letter aligns with CUNA’s position over the past few years that the provisions of the MLA should not apply to credit unions, as they are not engaged in the predatory practices the rule is focused on.Going forward, CUNA and leagues will continue engagement with policymakers to build support for Cook’s effort. CUNA will also continue its push to the DOD for changes to the MLA, as well as necessary interpretive guidance.While CUNA supports the goal of protecting servicemembers, it believes the requirements of the MLA are having unintended consequences by forcing credit unions to cut back on, or eliminate, products designed to provide servicemembers and families with access to credit. 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

ODIs need a Test Championship-like revamp, believes Shane Warne

first_imgBrisbane: Spin legend Shane Warne feels one day internationals (ODIs) are losing relevance far too often and there should be something done on the lines of ICC Test Championship to revive the 50-over format. In February, after India were blanked by hosts New Zealand 0-3 in the ODIs, India skipper Virat Kohli had said this format is not much relevant this year, referring to the T20 World Cup and the engrossing fight for World Test Championship.“I like the concept (Test Championship) and I wish there was something like this in ODIs too,” Warne said during an Instagram live.“Then ODIs have context leading up to the World Cup. Maybe points or something I don’t know. But there are too many meaningless ODIs,” said the legendary Australian leg-spinner, regarded as the best the game has ever seen.Warne also put his weight behind three-match ODI series and not five. “I think three matches are just fine in 50-over contests. Five is too much.”Warne also picked Mark Waugh ahead of Jonty Rhodes as the best all-round fielder in the game.“Mark Waugh was the greatest all-round fielder closely followed by Ricky Ponting. In ground fielding, I would say it’s between Punter (Ponting) and Jonty (Rhodes). They all were marvellous.”Warne also said he is spending time with family and playing online games during the lockdown period to fight the coronavirus pandemic.ODIs need a Test Championship-like revamp, believes WarneBrisbane, April 7: Spin legend Shane Warne feels one day internationals (ODIs) are losing relevance far too often and there should be something done on the lines of ICC Test Championship to revive the 50-over format. In February, after India were blanked by hosts New Zealand 0-3 in the ODIs, India skipper Virat Kohli had said this format is not much relevant this year, referring to the T20 World Cup and the engrossing fight for World Test Championship.“I like the concept (Test Championship) and I wish there was something like this in ODIs too,” Warne said during an Instagram live.“Then ODIs have context leading up to the World Cup. Maybe points or something I don’t know. But there are too many meaningless ODIs,” said the legendary Australian leg-spinner, regarded as the best the game has ever seen.Warne also put his weight behind three-match ODI series and not five. “I think three matches are just fine in 50-over contests. Five is too much.”Warne also picked Mark Waugh ahead of Jonty Rhodes as the best all-round fielder in the game.“Mark Waugh was the greatest all-round fielder closely followed by Ricky Ponting. In ground fielding, I would say it’s between Punter (Ponting) and Jonty (Rhodes). They all were marvellous.”Warne also said he is spending time with family and playing online games during the lockdown period to fight the coronavirus pandemic.Also read: India stay inside, we’re still in middle of a fight: Gautam GambhirAlso watch: Coronavirus Preventive Measures: Dr. Navanil Barua in exclusive interview with The Sentinel Digitallast_img read more