FCC Vote Allows Pasadena Community Groups to Obtain Radio License

first_img 18 recommended0 commentsShareShareTweetSharePin it Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Your email address will not be published. Required fields are marked * Cultural Heritage FCC Vote Allows Pasadena Community Groups to Obtain Radio License From STAFF REPORTS Published on Thursday, December 6, 2012 | 6:23 pm faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Pulse PollVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Subscribe Business News Name (required)  Mail (required) (not be published)  Website  First Heatwave Expected Next Week More Cool Stuff Top of the News center_img Community News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Community organizations in Pasadena can now obtain licenses for non-commercial radio stations (also known as low power FM or LPFM stations) in the community they serve after the Federal Communications Commission voted to open the airwaves for thousands of new local radio stations.FCC Commissioner Jessica Rosenworcel announced the expected LPFM application window to open October 15, 2013.Another FCC commissioner, Mignon Clyburn celebrated the Commission’s decision to free up airwaves in urban communities. Urban areas have limited airwave availability due to the high number of commercial stations. The new rule will give urban organizations the ability to apply for LPFM stations via second-adjacent waivers.Those expected to benefit in the relaxed airwave rules are community organizations within Pasadena.The National Hispanic Media Coalition also commended the move. For years, the NHMC has been fighting for diversity in media ownership and against negative stereotypes in the media. “We joined this effort so that Latino-led and Latino-serving organizations could have a greater presence on the radio dial. We need a diversity of voices to help transform the anti-Latino and anti-immigrant discourse which dominates the radio,” said Jessica Gonzalez, NHMC’s Vice President of Policy and Legal Affairs.NHMC has been working closely with a coalition of media advocacy groups, led by Prometheus Radio Project, to call for the relaxation of the airwave rule.NHMC said it would continue working with the Prometheus Radio Project to help promote awareness of this opportunity to organizations nationwide. For more information about LPFM and the application process, call NHMC at (626) 792-6462.About NHMCThe National Hispanic Media Coalition is a non-partisan, non-profit, media advocacy and civil rights organization established in 1986 in Los Angeles, California. Its mission is to educate and influence media corporations on the importance of including U.S. Latinos at all levels of employment. It augments the pool of Latino talent with its professional development programs. It challenges media that carelessly exploit negative Latino stereotypes. It scrutinizes and opines on media and telecommunications policy issues. Learn more at http://www.nhmc.org. Receive real-time updates on Facebook and Twitter @NHMC. Make a comment HerbeautyIt Works Great If Weight Loss Is What You’re Looking For!HerbeautyHerbeautyHerbeauty6 Trends To Look Like A Bombshell And 6 To Forget AboutHerbeautyHerbeautyHerbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyCouples Who Stuck With Each Other Despite The Cheating ScandalHerbeautyHerbeautyHerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeauty Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Senate Banking Committee Reexamines Regulatory Expectations

first_img Demand Propels Home Prices Upward 2 days ago Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Banking crapo Regulation Securities Senate Banking Committee Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, News Share Save Home / Daily Dose / Senate Banking Committee Reexamines Regulatory Expectations Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Previous: New Program Looks to Ease Customers’ Minds Next: Measuring Mortgage-Backed Securities Volumes About Author: Seth Welborn Related Articlescenter_img Servicers Navigate the Post-Pandemic World 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago The U.S. Senate Committee on Banking, Housing, and Urban Affairs turned its eye toward supervision on Tuesday. During Tuesday’s hearing, titled “Guidance, Supervisory Expectations, and the Rule of Law: How do the Banking Agencies Regulate and Supervise Institutions?” the committee hear from Greg Baer, President and CEO of the Bank Policy Institute, Margaret Tahyar, Partner, Davis Polk & Wardwell LLP, and Patricia McCoy, Professor of Law, Boston College Law School.“Banks receive significant forms of government support and benefits, including deposit insurance and access to the Fed’s discount window,” said Committee Chair Mike Crapo. “In exchange for these benefits, which ensure that American consumers have stable access to their deposits, banking agencies supervise banks and in return expect them to operate in a safe and sound manner.”In her testimony, Tahyar discussed the “shadow” regulatory systems, or oral principles, not made public nor written down. This includes the practice of regulation by negotiation in the application process.“An illustrative example, which can be used because it is one of the few to become public, comes from applications by Citicorp, J.P. Morgan, and Bankers Trust New York Corporation in 1987 to underwrite and deal in municipal revenue bonds, mortgage related securities and commercial paper,” Tahyar said. “During negotiations with agency staff, each applicant ‘voluntarily’ consented to market share limitations while protesting that they saw no need for them. When considered for review by the Federal Reserve Board of Governors, the banks admitted that they agreed to the limitations only to ‘expedite the applications.’”In addition to discussing the supervisory practices of the banks during this hearing, Crapo and the Senate Banking Committee discussed how they are working to reform housing finance, and prevent another major crash.During a hearing earlier this year, the federal banking agencies, including the Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency proposed a rule to “limit the interconnectedness of large banking organizations and reduce the impact from failure of the largest banking organizations.” In yet another hearing this year, Crapo and the Committee discussed Crapo’s housing finance reform outline. Under the outline, Crapo said that the new housing finance reforms would protect taxpayers by reducing the systemic, too-big-to-fail risk posed by the current duopoly of mortgage guarantors Banking crapo Regulation Securities Senate Banking Committee 2019-04-30 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago April 30, 2019 2,049 Views Senate Banking Committee Reexamines Regulatory Expectations Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Postlast_img read more

Drug suspect falls in buy-bust

first_imgThe suspect was detained in the lockupfacility of the Calatrava municipal police station, facing charges forviolation of Republic Act 9165, or the Comprehensive Dangerous Drugs Act of2002./PN Aside from suspected illegal drugs, aP500 marked money, P300 cash and drug paraphernalia were also recovered fromher, the report added.   BACOLOD City – Police arrested a drugsuspect in a buy-bust operation in Barangay Lagaan, Calatrava, NegrosOccidental.center_img Five sachets of suspected shabu wereseized from 34-year-old resident Evelyn Cabriana on Nov. 1, a police reportshowed. last_img