#elizabeth rettig

[wavemains]

Eddie phelps

Thus, the ball suddenly relieved from the weight of the eye Plate and causes it to revolve so that the winker loses its balance just before Gets a firm hold of a seam with both hands. Winker and places it on top of the ball and holds it there until the winker This wink ball is Rettig’s own invention. Looks as if you could hit it twice if you wanted to, but you’re lucky if you The plate, winks at the batter and then slinks away into the catcher’s mitt. Very mystifying offering thrown with a lazy side arm delivery. Tongue-in-cheek description of Otto’s pitching: Rettig’s great offensiveness lies in his wink ball. Bell’s game story in the Cleveland Plain Dealer included an odd, Two walks in seven innings, but lost, 2-0. He actually pitched better in this game, allowing just four hits and The 26 th, a week after the first, this time on the road, atĬleveland. Him, but on July 24 he signed with Philadelphia. The Yankees, White Sox, and Tigers were all said to be after Of days it became known that he had not actually signed a contract before Otto was the talk of the baseball world, and within a couple The third out-the 4000 odd fans gave the lad an ovation as he walked to the Menace at the bat and when Hauser gobbled up Ken’s smash and raced to first for In fact he set about to get rid of this left-handed Now this same fellow is no batter for an experiencedīoxman to pitch to let alone a rookie. With the sacks loaded and twoĭown up came Ken Williams. His greatest test of nerve was in the fourth. Several ticklish position during the 2 hours and 3 minutes of going, but Good breaking curve and seemed to have ordinary control. Louis, 13 Athletics, 5… Rettig had a slow delivery, took his time, used a fairly Line is reached in the box score, which reads, St. Toiler when a Brown or two were on is glimpsed when the “Left on bases” agate Were on the paths than when the cushions were clear and that he was a master The small red-faced right-handed hopeful. The Browns hammered him for nine blows and five were frankedĭown the first ninety feet of turf, but this did not embarrass Over one of the best American League twirlers in the game today. Ably caught and coached by Cy Perkins, the Montclair, N.J.,īoxman held the Missourians in check in a masterly way and emerged a victor Was no ducking this hitter nor that batter whenever a Brown slugger came up He pitched to this hard-hitting clan of Lee Fohl’s. Same rook showed he had the stuff and confidence, which goes toward making up aīig league headliner. It was the toughest kind of an assignment to wish upon a raw rookie, yet the Slaughter, especially when pitching him against the leading Browns and Shocker. Many figured that Mack was simply leading the lad to Games twirling for the Montclair, New Jersey club. It required further investigation to reveal the fact that this sameĪdolph Rettig was a recruit brought here by Frank Bruggy and had won a few It took considerable buzzing and repeating before the fansīecame aware of the fact that Adolph Rettig was serving them up for the Intended to use against Shocker not a fan in the concrete walled enclosure Game: When the announcer shouted the name of the pitcher Mack From the Philadelphia Inquirer’s story of the Struck out one, but the Browns left 13 men on the bases. Otto allowed nine hits, three of them doubles, walked five and Otto and theĪthletics won the game, 6-3, scoring four runs in the bottom of the eighth toīreak a 2-2 tie. Game against the Browns and their ace pitcher, Urban Shocker. Unless it was in an actual game, and Connie agreed to let him start that day’s It’s a common thread to the stories that Otto refused to throw for Mack Who brought Otto to Philadelphia owner/manager Connie Mack for a tryout on Julyġ9. ButĪpparently it was A’s backup catcher Frank Bruggy, from Elizabeth, New Jersey, Many versions of the story of Otto’s debut with theĪthletics were related over the years, and they didn’t always match up. Rettig is very popular in that section, and the fans there are all In the Tri-County they represent the town of Madison. The Madison team is the Silk Sox, except that when they play Swiftly-pitched ball caught him on his pitching arm and fractured it badlyīelow the elbow. Tri-County league against Morristown, and he was at bat in the ninth. SundayĪfternoon he was pitching for the Madison team in the To stay in New Jersey and a fine and suspension were placed on him. Sunday ball with the Dougherty Silk Sox at Paterson, and so he was told When the season opened, but he insisted on trickling down to New Jersey to play Karma got back at Otto, as the Springfield Daily News reported on August 11: OTTO RETTIG FRACTURES HIS PITCHING ARM Former Springfield Pitcher is Out of Game for the Season Otto Rettig, suspended pitcher of the Springfield Green Sox,

[turangalila]

Michael Pisaro (* 1961)

Lucretius Alap, for 18  strings, (2009-12) ew08.151

String Quartet: Lorenz Gamma, violin 1 Min Lee, violin 2 Mark Menzies, viola Mona Tian, cello

CalArts String Workshop: Alessandra Barrett, Ava Burtch, Marcus Buser, Emily Call, Vasco Cesaretti, Georgi Dimitrov, Madeline Falcone, Jarrett Furst, Ginny Luke, Bianca McClure, Thea Mesirow, Elizabeth Rettig, Sam Rose, Kaelan Schorger, Henry Webster

Recorded by Chris Wilmott, CalArts, The Wild Beast, April, 2012

Nunc age, nativos animantibus et mortalis esse animos animasque levis ut noscere possis, conquisita diu dulcique reperta labore digna tua pergam disponere carmina vita. tu fac utrumque uno sub iungas nomine eorum, atque animam verbi causa cum dicere pergam, mortalem esse docens, animum quoque dicere credas, quatenus est unum inter se coniunctaque res est. Lucretius, De Rerum Natura III, 417

[truecrimedestination-blog]

Welcome!

My name is Elizabeth Rettig, I am 15 and I currently live in California. Like most people, I have a passion for true crime and psychology. I hope to one day become a homicide detective or a criminal psychologist. With this blog I hope to educate people not only on true crime but also go in debt into the mind of the people behind these crimes. I hope you all enjoy!

[mostlysignssomeportents]

How the super-rich defeated the IRS's crack Global High Wealth unit

In 2009, the IRS created a Global High Wealth Industry Group to audit the super-wealthy, staffing it with skilled lawyers and accountants who could unravel the webs of "trusts, foundations, limited liability companies, complex partnerships and overseas operations" that were used to hide the income of the super-rich from the tax-collector.

A decade later, the group's track record is dismal. IRS privacy rules mean that little is known about how the group's audits were undertaken, defeated, and then gutted, but Propublica's Jesse Eisinger and Paul Kiel have pieced together a vivid picture from the fragmentary evidence, showing why the project was "dead on arrival."

The case-study for the group is billionaire Georg Schaeffler, whose own tax lawyers warned him that a transaction was likely to attract IRS scrutiny, and who was eventually served with a $1.2 billion tax/penalty bill by the Global High Wealth unit in 2012 -- and who, seven years later, only paid "tens of millions" according to Propublica's sources.

Propublica delves into the court records to show how "battalions of high-priced lawyers and accountants that often outnumber and outgun" the IRS's team were able to draw out the case for years and years -- even as the Global High Wealth unit's headcount was being cut and cut by successive administrations. The unit was supposed to have 242 investigators by 2012, but by 2014, it was only 96, and today, it's only 58. This is despite the potentially massive upsides for the general treasury: it's estimated that the richest Americans cheat on their taxes to the tune of $50 billion/year.

It's clear that the group was sabotaged into uselessness. Its most prominent critic, Charles Rettig, is now Donald Trump's IRS commissioner.

Today, the IRS's own internal inspectors note with alarm that the agency is almost completely powerless to make the rich pay their share -- it's not even bothering to collect judgments it has won against the wealthy.

The American public are greatly in favor of higher taxes on the wealthy: both AOC's 70% marginal tax on income over $10,000,000/year and Elizabeth Warren's tax on households with $50,000,000+ in assets; these programs will require that the IRS receive more funding, but that will be easily recouped with the money they'll bring in from asset-hiding tax-cheats. We have the popular will, and after 2020, there's a good chance we'll have the political will, too.

https://boingboing.net/2019/04/06/dead-on-arrival.html

[rettiglegacy]

Decorating the Winterfest Tree!

[joeschap]

DYSLEXIA, DYSGRAPHIA, DYSCALCULI

Name of strategy:  Orton-Gillingham approach

Use of strategy:  Treatment for dyslexia and general reading comprehension. For use in all content areas and grade levels

Focus of strategy:  Phonemic awareness, spelling, reading comprehension

Explanation of strategy:  The Orton-Gillingham approach is a highly structured program where lessons are taught in a planned sequence which keeps students focused on a targeted skill. Each phoneme (sound) in the English language is taught in isolation with repetition and enough time in between each skill for the student to learn and master the skill along with reviewing and utilizing past lessons.  With this program, students do not progress to the next skill until their previous skill is mastered. When students learn new material, they continue to review old material until it becomes part of the student’s long-term memory. Reading and spelling are taught simultaneously.

Supporting articles:

John, N. Critical Review:  Examining the Effectiveness of the Orton-Gillingham Reading

      Approach for Poor Readers in Elementary School.  The state University of New Jersey,

      Rutgers.

Ritchey, Kristen D., Goeke, Jennifer.  (2006). Orton-Gillingham and Orton-Gillingham Based

          Reading Instruction:  A Review of the Literature. The Journal of Special Education,

          40(3),171-183.

Stevens, Elizabeth A., Christy Austin, Clint Moore, Nancy Scammacca,

      Alexis N. Boucher, and Sharon Vaughn. (2021). Current State of the Evidence:  

      Examining the Effects of Orton-Gillingham Reading Interventions for Students

      With or at Risk for Word-Level Reading Disabilities. Exceptional Children  

      Sage Journals), 87(4), 397-417.

--------------------------------------------------------------------------------------------------------------------

 Name of strategy:  Davis method

Use of strategy:  Treatment for dyslexia and general reading comprehension.  For use in all content areas and grade levels

Focus of strategy:  Mental orientation, visualization, spelling, reading comprehension

Explanation of strategy:   The Davis method is based on the belief that dyslexics are primarily picture-thinkers and that they generally think through mental or sensory imagery rather than using words, sentences, or internal dialogue. Since this method of thinking is subliminal most dyslexics are not aware that this is what they’re doing.        

The two major components of the Davis Dyslexia Correction program are Orientation Counseling and Symbol Mastery.

Davis Orientation Counseling teaches dyslexic students how to recognize and control the mental state that can create distorted perceptions of words, numbers and other written material. Students learn to turn off thought processes that can cause misperceptions and, instead, restore their minds to a relaxed and focused state that is more suitable for reading and other studies. Once Orientation is learned, the student is ready to build the conceptual skills that will allow them to overcome the specific problems caused by dyslexia.

Symbol Mastery gives dyslexic students the ability to think with symbols and words, so they can learn to read easily and with full comprehension. Using clay, students first work with the alphabet, numerals, and punctuation marks, to make sure that they have an accurate perception and understanding of these symbols. Students then use clay to model the trigger words (the short abstract words) frequently encountered in reading, such as and, the, to or it. These words cause problems when dyslexic students cannot form a mental picture to go along with them. Through the Symbol Mastery technique, the student makes a three-dimensional clay model of the meaning of each word, together with a model of the letters of the words. With this approach, learning is permanent.

Supporting articles:

(2012). Effectiveness of Davis Dyslexia Correction Method on Reading Performance of Dyslexic

        Children, Journal of Applied Psychology. 6(2(22)):41-58, Summer. 2012.

 Amsberry, Gianna; T. F. Mclaughlin; K. Mark Derby; Teresa Waco.  (2012).  The

       Effects Of The Davis Symbol Mastery System To Assist A Fourth Grader With

       Dyslexia In Spelling: A Case Report. Journal On Educational Psychology,

       6(2),13-18, August-October 2012, 2012.

 Heidari T, Amiri Sh, Molavi H. (2012).  Effectiveness of Davis Dyslexia Correction  

      Method on Reading Performance of Dyslexic Children. Journal of Applied

      Psychology. 6(2(22)),41-58.

 ---------------------------------------------------------------------------------------------------------------------

Name of strategy:  Graphic organizers

Use of strategy:  An aid in treatment of dyslexia.  For use in all content areas and grade levels.

Focus of strategy:  Comprehension, organization, investigation, recall

Explanation of strategy:  Graphic organizers are useful and easy tools that can visualize and organize information. They are often used as prompts for students to construct ideas, organize and sequence information, plan what to write, increase reading comprehension, brainstorm, organize problems and solutions, compare and contrast ideas, show cause and effect, and more. What the students need to do in most cases is to fill in the blanks. The ability to color-code thoughts in a picture can help significantly in understanding and remembering the information. Graphic organizers benefit students who use them in the following aspects:

Help     students structure the writing project.

Encourage     students to judge the pros and cons of making decisions.

Generate,     classify ideas easily, and communicate in brainstorm.

Examine     relationships.

Guide     students to demonstrate their thinking process.

Increase     reading comprehension

Organize     and compare essential concepts and ideas.

Sequence     and break a story into the main elements (intro, rising action, climax,     and more).

There are many types and varieties of graphic organizers that can be utilized, the one below is but one of many.

The sequence chart is a tool that helps visualize the order of steps of a process or a timeline of events, etc. It can also be used for note-taking, lesson planning, and essay writing.

 Supporting articles:  

Praveen, Sam D., Premalatha, Rajan.  (2013). Using Graphic  

      Organizers to Improve Reading Comprehension Skills for Middle School ESL

      Students.  English Language Teaching, 6(2), 155-170.

Wise, Mark, Cooper, Carl.  (2019).  Increasing the Value of Graphic Organizers.  

      Edutopia.  Lucas Educational Research.

----------------------------------------------------------------------------------------------------------

Name of strategy:  Clay modeling

Use of strategy:  Treatment for dysgraphia to develop and control motor skills. For use in all content areas and grade levels

Focus of strategy:  Gross motor skill development, fine motor skill control, dexterity, communication.

Explanation of strategy:  Dexterity and finger strength is very important when it comes to handwriting. If a student has dysgraphia, their fine motor skills need work and the strength in their fingers needs to be improved. Playing with clay or Play-Doh for just 30 minutes a day will increase both strength and dexterity in the hands and fingers. As the muscles in their fingers strengthen, it will become easier to grip pens and pencils. A good game is to roll the clay/Play-Doh out and practice making letters. This is particularly useful for pre-school children as it reinforces the shapes of the letters but can be helpful with all ages.

 Supporting articles:

Crouch, A. L., & Jakubecy, J. J. (2007). Dysgraphia: How it affects a student’s performance and  

        what can be done about it. TEACHING Exceptional Children Plus, 3(3) Article 5.

 Fischer, Jeri, & Rettig, Michael, A.  (2004).  Dysgraphia: When Writing Hurts.  NAESP, 84(2)

    ---------------------------------------------------------------------------------------------------------------------

 Name of strategy:  Multi-sensory math techniques (Visualizing with beads)

Use of strategy:  Treatment for dyscalculia.  For use math instruction at all grade levels

Focus of strategy: Numeric representation, comprehension, number manipulation

Explanation of strategy:  Using beads, dried beans, or other tangible items as manipulatives is an excellent way to have students visualize and display math operations. For example, students can solve an addition sentence by adding two sets of beads together or they can discover how much is left after subtracting some beads. Different amounts of the items can also be grouped together for multiplication and division.  Moving items around and seeing how the quantities change provides a concrete way of understanding how math operations work. Manipulatives can also help students develop a sense for numbers and understand amounts.

 Supporting articles:

Price, Gavin R., and Daniel Ansari. (2013). Dyscalculia: Characteristics, Causes, and

           Treatments.  Numeracy, 6(1) Article 2.

 Michaelson, Matthew Thomas.  (2007).  An Overview of Dyscalculia:  methods for ascertaining

            and accommodating dyscalculic children in the classroom.  AMT, 63(3), 17-22.

  ---------------------------------------------------------------------------------------------------------------------

[bamboosconsulting]

IRS chief tells Elizabeth Warren: More transparent bank data can fight tax evasion

IRS chief tells Elizabeth Warren: More transparent bank data can fight tax evasion IRS chief Charles Rettig told Sen. Elizabeth Warren that relying on banks to report on their customers’ accounts could help cut the tax gap.

See https://is.gd/cvXt9Y for more

[rettiglegacy]

Here are Anise and Peter living a happily ever after!  They are so relieved that their children are all... well... children?!  It’s a lot easier to support them through grade school homework than develop their toddler skills! 

[thenewsroom8]

Sen. Elizabeth Warren slams bank for potential credit score hit to its customers

Sen. Elizabeth Warren slams bank for potential credit score hit to its customers

U.S. Senator Elizabeth Warren (D-MA) questions Charles P. Rettig, commissioner of the Internal Revenue Service, during the Senate Finance Committee hearing titled The IRS Fiscal Year 2022 Budget, in Dirksen Senate Office Building in Washington, D.C., June 8, 2021. Tom Williams | Pool | Reuters Wells Fargo‘s decision to pull customers’ credit lines was lambasted by Sen. Elizabeth Warren. The bank…

[thedeacanedous]

Personagem canina criada por Eric Knight, surgiu num pequeno conto escrito por este autor, em 1938, que foi editado no jornal Saturday Evening Post. Mais tarde, em 1940, foi desenvolvido e editado como livro, tornando-se um best-seller. A série durou 17 anos e Lassie tornou-se uma autêntica heroína. ...

Lassie, uma Rough Collie, é uma cadela personagem, criada pelo britânico Eric Knight em "Lassie Come Home" (no Brasil, "A Força do Coração"), publicado como conto no Saturday Evening Post em 1938.

O livro foi transformado no filme Lassie Come Home, de 1943 pela MGM, com um cão chamado Pal no papel de Lassie. Foram coadjuvantes, os atores mirins Roddy McDowall, com 13 anos, e Elizabeth Taylor, com 11.

Pal figurou como Lassie em outros seis filmes da MGM até 1951. Seu dono e treinador, Rudd Weatherwax, adquiriu do estúdio o nome "Lassie" e passou a usá-lo com Pal em rodeios e feiras pelos Estados Unidos. Em 1954, Lassie estreou como série de televisão, que perdurou até 1973. Nesses 19 anos, vários descendentes de Pal foram protagonistas da série.

Uma segunda série foi filmada nos anos 1980. De 1997 a 1999, a companhia canadense Cinar Inc. produziu uma nova série de tv para o canal Animal Planet.

Em 1999, foi rodado outro filme, com Tom Guiry e Helen Slater como protagonistas. Em 2005, um remake do filme original foi produzido no Reino Unido, estrelando Peter O'Toole e Samantha Morton.

Lassie é um dos três animais que foram homenageados com uma estrela na Calçada da Fama de Hollywood (os outros foram Rin Tin Tin e Strongheart). Em 2005, o jornal Variety colocou Lassie como um dos "100 Ícones do Século", o único animal da lista.

Elenco de Lassie em 1955:Jan Clayton, George Cleveland, o menino Tommy Rettig e Pal (como Lassie).

[movies-derekwinnert]

The Gypsy Moths ** (1969, Burt Lancaster, Deborah Kerr, Gene Hackman, Scott Wilson, William Windom, Bonnie Bedelia, Sheree North) - Classic Movie Review 9713

The Gypsy Moths ** (1969, Burt Lancaster, Deborah Kerr, Gene Hackman, Scott Wilson, William Windom, Bonnie Bedelia, Sheree North) – Classic Movie Review 9713

Director John Frankenheimer’s 1969 drama The Gypsy Moths is a dull and dour action adventure-cum-soap opera about three skydivers, Mike Rettig, Joe Browdy and Malcolm Webson (Burt Lancaster, Gene Hackman, Scott Wilson) who arrive in a Kansas dead-end town, where young Wilson’s aunt Elizabeth Brandon (Deborah Kerr) and uncle V John Brandon (William Windom) put them up.

There seems to be somebody…

[thecraggus]

Occurrence at Mills Creek (2019) Short Film Review

The short film Occurrence at Mills Creek (2019) is cinematic mood board, an amuse-bouche for the feature to come #Review

When 15-year-old Cassandra (Alexa Mechling) awakens to find herself on display in a casket under the vigil of her elder sister Clara (Ava Psoras) in their home. As a weak Cassandra tries to communicate her desperate attempts to be seen and heard are perceived as terrifying supernatural occurrences by her sister, forcing her to consider the possibility that she may actually be dead.

There’s a lot…

[rettiglegacy]

Elizabeth, Catherine, Edward, and Scarlet were excited to wake up this morning for Harvestfest!  The gnomes did cause some congestion around the fridge though.. 

There was a bit of a split in the harvestfest hosting and the family had to split into 2 groups for the day.  Somehow Beatrice ended up at this celebration despite her parents hosting at their new place... 

[augustatoday]

Elizabeth Rettig

RETTIG, ELIZABETH

Inmate ID#: 128457 Home Address City: TRENTON Drivers Lic State: Bio:

    Sex: F   Race: W   Build:     Height: 5-6  Weight: 170     Hair: BLK   Eyes: BRO Agency Arrest Date Released ACSO 12-14-2019 13:02 Weekender: NO Offense:     Charge: 16-011-0520 B3 Malicious / Malicious injury to tree, house; trespass upon r        Case #:        Disposition: Open

Th…

[michaeljtraylor]

Housing reform center stage – POLITICO

Editor’s Note: This edition of Morning Money is published weekdays at 8 a.m. POLITICO Pro Financial Services subscribers hold exclusive early access to the newsletter each morning at 5:15 a.m. To learn more about POLITICO Pro’s comprehensive policy intelligence coverage, policy tools and services, click here.

Housing reform center stage — President Donald Trump on Wednesday directed Treasury Secretary Steven Mnuchin and HUD Secretary Ben Carson to come up with detailed plans on how to end the government’s decade-long control over Fannie Mae and Freddie Mac, the mortgage giants that dominate the nation’s housing-finance system. Trump’s presidential memo, a concrete step forward in the White House’s long-stated goal of housing reform, makes clear that the administration intends to substantively change the way Fannie and Freddie operate before releasing them and to increase competition in mortgage securitization. Our Katy O’Donnell has the full rundown.

Story Continued Below

GOP tells Trump to back off on tariffs — Our Burgess Everett and Adam Behsudi report at length how congressional Republicans are trying to head off any explosive conflicts on trade with the president, by pushing back whenever he brings up existing or potential tariffs. But Trump doesn’t seem to be heeding the warnings. “The president likes tariffs as a threat. I hope he understands that the auto tariffs damage the autoworkers in the midwestern states and the southeastern states,” said Sen. Lamar Alexander of Tennessee, where Nissan and Volkswagen have plants.

Pot banking vote today — The House Financial Services Committee is expected this morning to approve a landmark bill aimed at shielding banks who serve marijuana businesses from facing federal regulatory penalties. We expect the majority of Republicans to oppose the measure, though it will have some GOP support before heading to the floor. It’s unclear whether the Senate would take up any bill on this subject — it’s not on Banking Chairman Mike Crapo’s agenda — but its progress in the House is a sign of how much sentiment has changed on the topic in recent years.

** A message from U.S. Chamber of Commerce Center for Capital Markets: On April 2nd, the U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness will host the 13th Annual Capital Markets Summit. Speakers include: IMF Managing Director Christine Lagarde, House Financial Services Committee Ranking Member Patrick McHenry; Jelena McWilliams, Chairman, FDIC; CFTC Commissioner Dawn Stump, and SEC Commissioner Elad Roisman. Register here **

IT’S THURSDAY — Ben White will be back in your inbox tomorrow. Send him news at bwhite@politico.com and @morningmoneyben, and to Aubree Eliza at aweaver@politico.com and @AubreeEWeaver. And please feel free to pass along tips on financial regulation to me at: vguida@politico.com.

THIS MORNING ON POLITICO PRO FINANCIAL SERVICES — Patrick Temple-West on the SEC’s win following the Supreme Court’s ruling that affirmed that individuals can be liable for fraud, even if they disseminate false or misleading statements without specifically making the statements. To get Morning Money every day before 6 a.m., please contact Pro Services at (703) 341-4600 or info@politicopro.com.

House Financial Services Committee votes on four bills, including on marijuana banking, at 8:45 a.m. … Multiple Federal Reserve governors speak: Randal Quarles at 7:15 a.m., Richard Clarida at 9:30 a.m. and Michelle Bowman at 10 a.m. … SEC investor advisory committee meeting at 9 a.m. … National Low Income Housing Coalition conference, including House Financial Services Chairwoman Maxine Waters at 3 p.m.

FIRST LOOK: AFR REPORT ON LEVERAGE — Americans for Financial Reform has a new report out this morning on macroprudential regulation through the lens of corporate debt, which analyzes how to better manage the leverage cycle and improve the regulatory response to future recessions. “Regulators today are repeating the mistakes of the past by failing to stop financial excesses — like the current growth in unproductive corporate debt — that benefit Wall Street titans like private equity and big banks at the expense of the public,” said Marcus Stanley, AFR’s policy director. Read the report.

FED OFFICIALS PUSH BACK ON MARKET’S RATE-CUT BELIEF — WSJ’s Nick Timiraos: “Some Federal Reserve officials are saying it is too soon to consider cutting U.S. interest rates, despite rising market speculation of such a move because of slowing global growth. A recent development in the bond market shows investors expect the Fed is done raising rates and increasingly anticipate officials could lower them. … Before considering whether to lower rates, ‘I’d need to see an inversion of some magnitude and/or some duration, and right now we don’t have either,’ said Dallas Fed President Robert Kaplan in an interview.” Read more.

COMPANY REPATRIATIONS OF CASH SURGED LAST YEAR — WSJ’s Sarah Chaney and Theo Francis: “U.S. companies more than quadrupled the amount of foreign earnings they sent home in 2018 following enactment of a tax-law overhaul in late 2017, though the size of so-called repatriations declined after an initial spike. Companies sent $664.91 billion of their foreign earnings back to the U.S. in the form of dividend payments in 2018, up from $155.08 billion the year before, the Commerce Department said Wednesday.

“Repatriations fell steadily through 2018 to $85.90 billion in the fourth quarter, from $100.74 billion in the third quarter, $183.58 in the second quarter and $294.69 billion in the first quarter.” Read more.

JUST IN: MURRAY, WYDEN WANT ANSWERS FROM IRS — From our friends at POLITICO Morning Shift: “Democratic Sens. Patty Murray (Wash.) and Ron Wyden (Ore.), on Tuesday sent a letter to Mnuchin and IRS Commissioner Charles Rettig pressing them on the administration’s move earlier this month to walk back an Obama administration plan to consider rules barring employers from offering retirees a lump sum payout to replace their lifetime annuities.” Read the letter here.

HASSETT ON STEPHEN MOORE — “As the process moves forward, if Steve ends up being the nominee, he’ll have good explanations for his positions,” White House economist Kevin Hassett told CNBC on Wednesday, in response to whether it was wise for Moore to tell The New York Times the Fed should cut interest rates by half a percentage point. “You’re right that he’s gone through his career being a pundit and having really interesting things to say about a whole range of topics, but as a nominee you have to be more careful about every little word that you utter.”

MM would note the conditional “if Steve ends up being the nominee” as a possible suggestion that Trump might not formally nominate Moore, whose selection has sparked pushback among economists and bankers. But Council of Economic Advisers spokeswoman Rachael Slobodien said that’s just because “no nomination is official until the White House has sent the individual’s name to the Senate.” She also said Hassett supports the nomination. Moore, of course, is only now being vetted, but the caution is still notable given that Trump has already declared him to be the nominee, via a Friday night tweet.

Moore, by the way, really doesn’t like soccer.

MORE ON MOORE — Per our Katy O’Donnell: “Stephen Moore, President Donald Trump’s controversial pick for a Federal Reserve seat, has a $75,000 tax problem. The Internal Revenue Service entered a federal tax lien on Jan. 29, 2018, for an unpaid balance of $75,328.80 for taxable year 2014, according to court records in Montgomery County, Md., where Moore has a home.

“Moore disputed the IRS claim. ‘The IRS owes us money; we don’t owe them money — we had a $50,000 overpayment on our taxes,’ he said, adding, ‘this has been like the audit from hell, we can’t get them to close this,’ he told POLITICO. The dispute, he said, stems from an alimony and child support payment he made to his ex-wife. Before the 2017 tax overhaul took effect, alimony was tax-deductible. In deducting his alimony payments, Moore said, he erroneously claimed a deduction for child support payments, which are not a deduction.

“In response, according to Moore, the IRS struck out his full alimony deduction and added the figure to his tax burden, instead of just striking the child support deduction.”

OP-ED: INCREASE TAX REVENUE BY CLOSING LOOPHOLES — UPenn Law’s Natasha Sarin and former Treasury Secretary Larry Summers in the Boston Globe: “We agree with [Alexandria] Ocasio-Cortez and [Elizabeth] Warren that increases in tax revenue of at least this magnitude are necessary. We also agree that the way forward is by generating more revenue from the most affluent Americans. Indeed, it may well be necessary and appropriate to raise more than Warren’s targeted 1 percent of GDP from those at the top.

“Where we differ from Warren and Ocasio-Cortez is in our belief that the best way to begin raising additional revenue from highest income tax payers is with a traditional tax reform approach of base broadening and loophole closing, improved compliance, and closing of shelters.” Read more.

POWELL’S CRITICS MISS THE MARK — WSJ’s Greg Ip: “Barely a year into his chairmanship of the Federal Reserve, Jerome Powell is facing his first real test. Since raising interest rates in December, the Fed has faced mounting criticism that it went too far—from economists, market practitioners and Stephen Moore, President Trump’s nominee to a seat on the central bank’s board. …

“That doesn’t make the critics right; the question is whether they were right for the right reasons. And by that standard, most weren’t. Mr. Moore’s logic, in particular, would have led the Fed badly astray in the past, leading it to tighten monetary policy in 2008 as the U.S. slid into its worst recession since the 1930s.” Read more.

EQUIFAX, FICO TEAM UP — Barron’s Ben Walsh: “Equifax, the credit reporting company, is planning to team up with Fair Isaac, the creator of the FICO credit score, to sell consumer data to banks, the companies said Wednesday. The goal of the partnership is to take Equifax’s troves of data on millions of Americans and ‘connecting it and embedding with FICO’s differentiated software,’ Equifax CEO Mark Begor told Barron’s in an interview Wednesday. ‘It really allows companies to more easily absorb data.’” Read more.

** A message from U.S. Chamber of Commerce Center for Capital Markets: Join the U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness on April 2nd, for our 13th Annual Capital Markets Summit: The New World of Finance, to discuss ways to promote efficient capital markets, support entrepreneurship, and sustain the long-term expansion of the economy. We are pleased to have IMF Managing Director Christine Lagarde open the program with a major speech on the key risks and challenges facing the global economy. Her remarks will go to the heart of issues important to our participants, and will “raise the curtain” on the IMF’s annual Spring Meetings the following week, an event which brings together finance ministers, central bank governors, and other senior officials from around the world. Register here **

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Housing reform center stage – POLITICO

Editor’s Note: This edition of Morning Money is published weekdays at 8 a.m. POLITICO Pro Financial Services subscribers hold exclusive early access to the newsletter each morning at 5:15 a.m. To learn more about POLITICO Pro’s comprehensive policy intelligence coverage, policy tools and services, click here.

Housing reform center stage — President Donald Trump on Wednesday directed Treasury Secretary Steven Mnuchin and HUD Secretary Ben Carson to come up with detailed plans on how to end the government’s decade-long control over Fannie Mae and Freddie Mac, the mortgage giants that dominate the nation’s housing-finance system. Trump’s presidential memo, a concrete step forward in the White House’s long-stated goal of housing reform, makes clear that the administration intends to substantively change the way Fannie and Freddie operate before releasing them and to increase competition in mortgage securitization. Our Katy O’Donnell has the full rundown.

Story Continued Below

GOP tells Trump to back off on tariffs — Our Burgess Everett and Adam Behsudi report at length how congressional Republicans are trying to head off any explosive conflicts on trade with the president, by pushing back whenever he brings up existing or potential tariffs. But Trump doesn’t seem to be heeding the warnings. “The president likes tariffs as a threat. I hope he understands that the auto tariffs damage the autoworkers in the midwestern states and the southeastern states,” said Sen. Lamar Alexander of Tennessee, where Nissan and Volkswagen have plants.

Pot banking vote today — The House Financial Services Committee is expected this morning to approve a landmark bill aimed at shielding banks who serve marijuana businesses from facing federal regulatory penalties. We expect the majority of Republicans to oppose the measure, though it will have some GOP support before heading to the floor. It’s unclear whether the Senate would take up any bill on this subject — it’s not on Banking Chairman Mike Crapo’s agenda — but its progress in the House is a sign of how much sentiment has changed on the topic in recent years.

** A message from U.S. Chamber of Commerce Center for Capital Markets: On April 2nd, the U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness will host the 13th Annual Capital Markets Summit. Speakers include: IMF Managing Director Christine Lagarde, House Financial Services Committee Ranking Member Patrick McHenry; Jelena McWilliams, Chairman, FDIC; CFTC Commissioner Dawn Stump, and SEC Commissioner Elad Roisman. Register here **

IT’S THURSDAY — Ben White will be back in your inbox tomorrow. Send him news at bwhite@politico.com and @morningmoneyben, and to Aubree Eliza at aweaver@politico.com and @AubreeEWeaver. And please feel free to pass along tips on financial regulation to me at: vguida@politico.com.

THIS MORNING ON POLITICO PRO FINANCIAL SERVICES — Patrick Temple-West on the SEC’s win following the Supreme Court’s ruling that affirmed that individuals can be liable for fraud, even if they disseminate false or misleading statements without specifically making the statements. To get Morning Money every day before 6 a.m., please contact Pro Services at (703) 341-4600 or info@politicopro.com.

House Financial Services Committee votes on four bills, including on marijuana banking, at 8:45 a.m. … Multiple Federal Reserve governors speak: Randal Quarles at 7:15 a.m., Richard Clarida at 9:30 a.m. and Michelle Bowman at 10 a.m. … SEC investor advisory committee meeting at 9 a.m. … National Low Income Housing Coalition conference, including House Financial Services Chairwoman Maxine Waters at 3 p.m.

FIRST LOOK: AFR REPORT ON LEVERAGE — Americans for Financial Reform has a new report out this morning on macroprudential regulation through the lens of corporate debt, which analyzes how to better manage the leverage cycle and improve the regulatory response to future recessions. “Regulators today are repeating the mistakes of the past by failing to stop financial excesses — like the current growth in unproductive corporate debt — that benefit Wall Street titans like private equity and big banks at the expense of the public,” said Marcus Stanley, AFR’s policy director. Read the report.

FED OFFICIALS PUSH BACK ON MARKET’S RATE-CUT BELIEF — WSJ’s Nick Timiraos: “Some Federal Reserve officials are saying it is too soon to consider cutting U.S. interest rates, despite rising market speculation of such a move because of slowing global growth. A recent development in the bond market shows investors expect the Fed is done raising rates and increasingly anticipate officials could lower them. … Before considering whether to lower rates, ‘I’d need to see an inversion of some magnitude and/or some duration, and right now we don’t have either,’ said Dallas Fed President Robert Kaplan in an interview.” Read more.

COMPANY REPATRIATIONS OF CASH SURGED LAST YEAR — WSJ’s Sarah Chaney and Theo Francis: “U.S. companies more than quadrupled the amount of foreign earnings they sent home in 2018 following enactment of a tax-law overhaul in late 2017, though the size of so-called repatriations declined after an initial spike. Companies sent $664.91 billion of their foreign earnings back to the U.S. in the form of dividend payments in 2018, up from $155.08 billion the year before, the Commerce Department said Wednesday.

“Repatriations fell steadily through 2018 to $85.90 billion in the fourth quarter, from $100.74 billion in the third quarter, $183.58 in the second quarter and $294.69 billion in the first quarter.” Read more.

JUST IN: MURRAY, WYDEN WANT ANSWERS FROM IRS — From our friends at POLITICO Morning Shift: “Democratic Sens. Patty Murray (Wash.) and Ron Wyden (Ore.), on Tuesday sent a letter to Mnuchin and IRS Commissioner Charles Rettig pressing them on the administration’s move earlier this month to walk back an Obama administration plan to consider rules barring employers from offering retirees a lump sum payout to replace their lifetime annuities.” Read the letter here.

HASSETT ON STEPHEN MOORE — “As the process moves forward, if Steve ends up being the nominee, he’ll have good explanations for his positions,” White House economist Kevin Hassett told CNBC on Wednesday, in response to whether it was wise for Moore to tell The New York Times the Fed should cut interest rates by half a percentage point. “You’re right that he’s gone through his career being a pundit and having really interesting things to say about a whole range of topics, but as a nominee you have to be more careful about every little word that you utter.”

MM would note the conditional “if Steve ends up being the nominee” as a possible suggestion that Trump might not formally nominate Moore, whose selection has sparked pushback among economists and bankers. But Council of Economic Advisers spokeswoman Rachael Slobodien said that’s just because “no nomination is official until the White House has sent the individual’s name to the Senate.” She also said Hassett supports the nomination. Moore, of course, is only now being vetted, but the caution is still notable given that Trump has already declared him to be the nominee, via a Friday night tweet.

Moore, by the way, really doesn’t like soccer.

MORE ON MOORE — Per our Katy O’Donnell: “Stephen Moore, President Donald Trump’s controversial pick for a Federal Reserve seat, has a $75,000 tax problem. The Internal Revenue Service entered a federal tax lien on Jan. 29, 2018, for an unpaid balance of $75,328.80 for taxable year 2014, according to court records in Montgomery County, Md., where Moore has a home.

“Moore disputed the IRS claim. ‘The IRS owes us money; we don’t owe them money — we had a $50,000 overpayment on our taxes,’ he said, adding, ‘this has been like the audit from hell, we can’t get them to close this,’ he told POLITICO. The dispute, he said, stems from an alimony and child support payment he made to his ex-wife. Before the 2017 tax overhaul took effect, alimony was tax-deductible. In deducting his alimony payments, Moore said, he erroneously claimed a deduction for child support payments, which are not a deduction.

“In response, according to Moore, the IRS struck out his full alimony deduction and added the figure to his tax burden, instead of just striking the child support deduction.”

OP-ED: INCREASE TAX REVENUE BY CLOSING LOOPHOLES — UPenn Law’s Natasha Sarin and former Treasury Secretary Larry Summers in the Boston Globe: “We agree with [Alexandria] Ocasio-Cortez and [Elizabeth] Warren that increases in tax revenue of at least this magnitude are necessary. We also agree that the way forward is by generating more revenue from the most affluent Americans. Indeed, it may well be necessary and appropriate to raise more than Warren’s targeted 1 percent of GDP from those at the top.

“Where we differ from Warren and Ocasio-Cortez is in our belief that the best way to begin raising additional revenue from highest income tax payers is with a traditional tax reform approach of base broadening and loophole closing, improved compliance, and closing of shelters.” Read more.

POWELL’S CRITICS MISS THE MARK — WSJ’s Greg Ip: “Barely a year into his chairmanship of the Federal Reserve, Jerome Powell is facing his first real test. Since raising interest rates in December, the Fed has faced mounting criticism that it went too far—from economists, market practitioners and Stephen Moore, President Trump’s nominee to a seat on the central bank’s board. …

“That doesn’t make the critics right; the question is whether they were right for the right reasons. And by that standard, most weren’t. Mr. Moore’s logic, in particular, would have led the Fed badly astray in the past, leading it to tighten monetary policy in 2008 as the U.S. slid into its worst recession since the 1930s.” Read more.

EQUIFAX, FICO TEAM UP — Barron’s Ben Walsh: “Equifax, the credit reporting company, is planning to team up with Fair Isaac, the creator of the FICO credit score, to sell consumer data to banks, the companies said Wednesday. The goal of the partnership is to take Equifax’s troves of data on millions of Americans and ‘connecting it and embedding with FICO’s differentiated software,’ Equifax CEO Mark Begor told Barron’s in an interview Wednesday. ‘It really allows companies to more easily absorb data.’” Read more.

** A message from U.S. Chamber of Commerce Center for Capital Markets: Join the U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness on April 2nd, for our 13th Annual Capital Markets Summit: The New World of Finance, to discuss ways to promote efficient capital markets, support entrepreneurship, and sustain the long-term expansion of the economy. We are pleased to have IMF Managing Director Christine Lagarde open the program with a major speech on the key risks and challenges facing the global economy. Her remarks will go to the heart of issues important to our participants, and will “raise the curtain” on the IMF’s annual Spring Meetings the following week, an event which brings together finance ministers, central bank governors, and other senior officials from around the world. Register here **

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from RSSMix.com Mix ID 8312273 https://hashtaghighways.com/2019/03/29/housing-reform-center-stage-politico/