vice president – Sociology Eso Science http://www.sociologyesoscience.com/ Mon, 21 Mar 2022 12:02:32 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.sociologyesoscience.com/wp-content/uploads/2021/06/favicon-6-150x150.png vice president – Sociology Eso Science http://www.sociologyesoscience.com/ 32 32 Bristol Myers Squibb to Demonstrate the Strength of its Growing Cardiovascular Portfolio at the American College of Cardiology’s 71st Annual Scientific Session | News https://www.sociologyesoscience.com/bristol-myers-squibb-to-demonstrate-the-strength-of-its-growing-cardiovascular-portfolio-at-the-american-college-of-cardiologys-71st-annual-scientific-session-news/ Mon, 21 Mar 2022 12:02:32 +0000 https://www.sociologyesoscience.com/bristol-myers-squibb-to-demonstrate-the-strength-of-its-growing-cardiovascular-portfolio-at-the-american-college-of-cardiologys-71st-annual-scientific-session-news/ PRINCETON, NJ–(BUSINESS WIRE)–March 21, 2022– Bristol Myers Squibb (NYSE:BMY) today announced that data from its cardiovascular portfolio will be presented at the 71st Annual Scientific Session of the American College of Cardiology (ACC.22), to be held in Washington, DC, and virtually, April 2-4, 2022. Clinical and real-world study data will be presented, including two late-breaking […]]]>

PRINCETON, NJ–(BUSINESS WIRE)–March 21, 2022–

Bristol Myers Squibb (NYSE:BMY) today announced that data from its cardiovascular portfolio will be presented at the 71st Annual Scientific Session of the American College of Cardiology (ACC.22), to be held in Washington, DC, and virtually, April 2-4, 2022. Clinical and real-world study data will be presented, including two late-breaking clinical trial presentations from the mavacamten development program, showcasing the company’s cutting-edge cardiovascular research. company and its commitment to improving the lives of patients.

Key presentations include:

  • Presenting a Late-Breaking Clinical Trial of Data from the Phase 3 VALOR-HCM Study Evaluating Mavacamten in Patients with Hypertrophic Obstructive Cardiomyopathy (Obstructive HCM) with Severe Symptoms Referred for Septal Reduction Therapy (SRT) ).
  • A late-breaking clinical trial presentation of updated interim results from baseline through week 84 of the EXPLORER-LTE cohort of the MAVA-LTE study, the largest and longest reporting on mavacamten in patients with symptomatic obstructive HCM.
  • An analysis of the EXPLORER-HCM study exploring the impact of mavacamten on a range of cardiopulmonary exercise test (CPET) parameters to characterize exercise capacity and submaximal exercise tolerance in symptomatic obstructive HCM patients.
  • Analysis of two-week patch electrocardiogram recordings of over 5,700 elderly U.S. primary care patients with previously undiagnosed atrial fibrillation (AF) in the GUARD-AF (Reducin g stroke by screening you no one A gnosed at R ial fibrillation in the elderly D individuals) study. This randomized controlled trial helps address the critically important need for further research into the impact of early detection of AF through a screening intervention, compared to usual care, on the net clinical benefit, including reduced risk of stroke.

“This is an exciting time for our cardiovascular franchise, and our presence at ACC this year underscores our continued progress in the treatment of cardiovascular disease,” said Roland Chen, MD, senior vice president, head of cardiovascular development and global drug development at Bristol. Myers Squibb. “We look forward to sharing these new data which reinforce the value of mavacamten as a potential treatment option for symptomatic obstructive HCM. We are also proud to continue our long-standing commitment to patients with atrial fibrillation by raising awareness of the important need for further research into the impact of early detection of AF through screening intervention.

Studies selected by Bristol Myers Squibb and the Bristol Myers Squibb-Pfizer Alliance at ACC.22 include:

Abstract Title

Primary

Author

Type/#

Session title

Time

Saturday, April 2, 2022

Medication adherence associated with regional social risk exposure in patients with venous thromboembolism: a national retrospective cohort study*

Colavecchia, C.

Poster – 1203-001

1203 – Vascular medicine: digital presentations on venous and thromboembolic diseases

8:30 am

Mavacamten as an alternative to surgical septal myectomy or alcohol ablation in patients with severely symptomatic hypertrophic obstructive cardiomyopathy

Desai, MY

LBCT-402-09

402 – Joint American College of Cardiology/Journal of the American College of Cardiology Late-Breaking Clinical Trials

9:30 a.m. – 9:42 a.m.

The effect of Mavacamten on cardiopulmonary exercise test performance of patients with hypertrophic obstructive cardiomyopathy in EXPLORER-HCM

Wheeler, Montana

Poster – 1005-03

1005 – Advances in the diagnosis, risk stratification and treatment of hypertrophic cardiomyopathies

9:45 a.m. – 9:55 a.m.

Outcomes by New York Heart Association class among patients with hypertrophic obstructive cardiomyopathy

Wang, Y.

Poster – 1005-05

1005 – Advances in the diagnosis, risk stratification and treatment of hypertrophic cardiomyopathies

10:00 – 10:10

Atrial Fibrillation Anticoagulation Failures During Index Hospitalization: Retrospective Observational Study from a Single Academic Center*

Patti, KG

Poster – 1358-091

1358 – Electrophysiology: Clinical Sciences 6

3:45 p.m. – 4:30 p.m.

Sunday, April 3, 2022

A Randomized Clinical Trial of Atrial Fibrillation Screening with a 14-Day Patch Monitor: Analysis of ECG Recordings from the GUARD-AF Study*

Singer, DE

Poster – 1052-09

1052 – Contributions of electrophysiology-mediated posters in atrial fibrillation II: risk factors and stroke prevention

10:30 a.m. – 10:40 a.m.

Update of Cumulative Results of Mavacamten Treatment of the EXPLORER-LTE Cohort of the MAVA-LTE Study in Patients with Hypertrophic Obstructive Cardiomyopathy

Rader, F

LBCT-406-16

406 – Joint American College of Cardiology/New England Journal of Medicine Last Minute Clinical Trials

10:45 a.m. – 10:55 a.m.

*Sponsored by the Bristol Myers Squibb-Pfizer Alliance

About Mavacamten

Mavacamten is a first-in-class oral allosteric modulator of cardiac myosin being studied for the treatment of symptomatic obstructive hypertrophic cardiomyopathy (obstructive HCM) which is a progressive disease that thickens the walls of the heart and makes it more difficult for the heart to expand normally. and fill with blood. It is a selective cardiac myosin inhibitor that targets the underlying pathophysiology of obstructive HCM.

Mavacamten has been shown to reduce cardiac muscle contractility by inhibiting the excessive formation of myosin-actin cross-bridging which leads to hypercontractility, left ventricular hypertrophy and reduced compliance. Based on data from the EXPLORER-HCM study, the company has a U.S. PDUFA date of April 28, 2022.

In clinical and preclinical studies, mavacamten consistently reduced biomarkers of cardiac wall stress, decreased excessive cardiac contractility, increased diastolic compliance, and decreased left ventricular outflow tract (LVOT) gradients. Mavacamten is an experimental therapy and is not approved for use in any country.

About Bristol Myers Squibb

Bristol Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop and deliver innovative medicines that help patients defeat serious diseases. For more information about Bristol Myers Squibb, visit us at BMS.com or follow us on LinkedIn, TwitterYoutube, Facebook and Instagram.

Caution Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, the research, development and marketing of pharmaceuticals. All statements that are not statements of historical fact are, or may be deemed to be, forward-looking statements. These forward-looking statements are based on current expectations and projections about our future financial results, goals, plans and objectives and involve inherent risks, assumptions and uncertainties, including internal or external factors that could delay, deflect or modify any of them in the next few years. years, which are difficult to predict, may be beyond our control and could cause our future financial results, goals, plans and objectives to differ materially from those expressed or implied by the statements. These risks, assumptions, uncertainties and other factors include, among others, that the results of future studies will be consistent with results to date, that mavacamten may not receive regulatory approval for the indication described in this release in the currently anticipated time frame or at all, any marketing authorization, if granted, may have significant limitations as to its use and, if approved, whether the product candidate for the indication described in this release will a commercial success. No forward-looking statement can be guaranteed. The forward-looking statements contained in this press release must be evaluated together with the many risks and uncertainties that affect Bristol Myers Squibb’s business and market, particularly those identified in the Cautionary Note and Discussion of Risk Factors in the report. Annual Report of Bristol Myers Squibb on Form 10-K for the year ended December 31, 2021, as updated by our subsequent quarterly reports on Form 10-Q, our current reports on Form 8-K and other filings with the Securities and Exchange Commission. The forward-looking statements included in this document are made only as of the date of this document and, except as required by applicable law, Bristol Myers Squibb undertakes no obligation to publicly update or revise any forward-looking statement, whether whether as a result of new information, future events, changed circumstances or otherwise.

corporatefinance-news

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220317005968/en/

CONTACT: Bristol Myers SquibbMedia Inquiries:

media@bms.comSusan Francis

susan.francis@bms.com

609-529-0676Investors:

investor.relations@bms.com

KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA NEW JERSEY

INDUSTRY KEYWORD: HEALTH CLINICAL TRIALS RESEARCH PHARMACEUTICAL SCIENCE CARDIOLOGY BIOTECHNOLOGY

Source: Bristol Myers Squibb

Copyright BusinessWire 2022.

PUBLISHED: 03/21/2022 08:00 AM / DISK: 03/21/2022 08:02 AM

http://www.businesswire.com/news/home/20220317005968/en

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OnDeck Recognized as Best Small Business Loan of 2022 by Forbes Advisor https://www.sociologyesoscience.com/ondeck-recognized-as-best-small-business-loan-of-2022-by-forbes-advisor/ Tue, 22 Feb 2022 17:02:00 +0000 https://www.sociologyesoscience.com/ondeck-recognized-as-best-small-business-loan-of-2022-by-forbes-advisor/ NEW YORK, February 22, 2022 /PRNewswire/ — OnDeck, part of Enova International, has been selected as the Best Small Business Loan of 2022 by Forbes Advisor, a trusted destination for money and business news, reviews and a product marketplace . The small business lender received 4.5 stars in the Short Term Loans category. Forbes Advisor […]]]>

NEW YORK, February 22, 2022 /PRNewswire/ — OnDeck, part of Enova International, has been selected as the Best Small Business Loan of 2022 by Forbes Advisor, a trusted destination for money and business news, reviews and a product marketplace . The small business lender received 4.5 stars in the Short Term Loans category. Forbes Advisor selected OnDeck out of 15 lenders based on 16 data points: loan cost, loan details, customer experience, eligibility and accessibility, and application process.

OnDeck was recognized as the best short-term lender for its variety of business loan products and same-day financing. Small businesses can apply in ten minutes from the comfort of their home or office with a team of loan advisors to help them determine the best fit.

OnDeck, the largest online small business lender in the United States, has nearly 15 years of experience providing small businesses with more than $14 billion in online financing that meets the individual needs of each business. Forbes Advisor provides consumers with financial advice and objective coverage on financial topics.

“OnDeck is proud to be recognized as the Best Small Business Loan by Forbes Advisor,” said Jim Granat, senior vice president at Enova and co-head of OnDeck. “Our quick and easy application process helps clients succeed on their own terms. Small businesses trust Forbes Advisor’s expertise and look to them for honest and transparent advice. We believe that providing our clients with a Personal support through every step of the application and funding process is a necessity and what differentiates OnDeck from other lenders.”

For more information on OnDeck’s small business financing options, visit OnDeck.com. The Forbes Advisor Best Small Business Loans list can be accessed at ForbesAdvisor.com.

About OnDeck

OnDeck®, a brand of Enova International, is the recognized leader in transparent and responsible online lending to small businesses. Founded in 2006, the company pioneered the use of data analytics and digital technology to make real-time lending decisions and quickly provide capital to small businesses online. Today, OnDeck offers a wide range of term loans and lines of credit tailored to the needs of small business owners. OnDeck has provided over $14 billion in loans to clients in 700 different sectors. The company has an A+ rating with the Better Business Bureau and is rated 4.8 stars by Trustpilot. For more information, visit www.ondeck.com.

About the Forbes Advisor

Forbes Advisor is a trusted destination for unbiased financial and business advice, news and reviews, dedicated to helping consumers make informed decisions and easily choose the right products. For more information on Forbes Advisor, visit www.forbesadvisor.com.

SOURCE OnDeck

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Lance Freeman: Penn onboards professor from Knowledge University https://www.sociologyesoscience.com/lance-freeman-penn-onboards-professor-from-knowledge-university/ Tue, 22 Feb 2022 05:04:49 +0000 https://www.sociologyesoscience.com/lance-freeman-penn-onboards-professor-from-knowledge-university/ Lance Freeman: Penn onboards professor from Knowledge University On February 15, Wendell Pritchett, acting president of the University of Pennsylvania, and Beth Winkelstein, acting vice president, announced the appointment of Lance Freeman as the 29th Penn University Integrates Knowledge Professor at the University. of Pennsylvania. Dr. Freeman, one of the world’s foremost experts on urban […]]]>

Lance Freeman: Penn onboards professor from Knowledge University

On February 15, Wendell Pritchett, acting president of the University of Pennsylvania, and Beth Winkelstein, acting vice president, announced the appointment of Lance Freeman as the 29th Penn University Integrates Knowledge Professor at the University. of Pennsylvania.

Dr. Freeman, one of the world’s foremost experts on urban housing and gentrification, is a professor at James W. Effron University, with cross appointments in the Department of Urban and Regional Planning at the Stuart Weitzman School of Design and in the sociology department of the School of Arts and Sciences.

“Lance Freeman exemplifies the vision of our Penn Integrates Knowledge program, which seeks to harness the tools of multiple disciplines and professions to understand and solve complex social and societal issues,” said Dr. Pritchett. “Dr. Freeman elegantly blends methods from economics, sociology, urban studies, and planning to enhance understanding of complex issues such as affordable housing, gentrification, and the stratification of housing markets. His award-winning work resonates far beyond academia and has shaped the decisions of policymakers and courts across the country and the world.As we continue to grapple with historic and persistent inequalities in society, Dr. Freeman’s scholarship takes growing importance in helping to provide knowledge and evidence-based solutions in often heated debates about community development and housing policy.

Dr. Freeman, who was most recently a professor in the urban planning program at Columbia University’s Graduate School of Architecture, Planning and Preservation, spent the 2020-2021 academic year at Penn as a Distinguished Visiting Faculty Fellow of the Provost. He is the author of A Refuge and a Hell: The Ghetto in Black America (Columbia University Press, 2019), which won the 2020 Columbia University Press Distinguished Book Award, and There goes the ‘Hood: Views of gentrification from below (Temple University Press, 2006), which won the 2007 Urban Affairs Association Best Book Award. He is also the author of dozens of scholarly articles and book chapters on critical issues such as housing policy, urban poverty, neighborhood change, and residential segregation.

He was from 2010 to 2015 director of the urban planning program at Columbia and from 2015 to 2018 editor of City and Community, the official journal of the Community and Urban Sociology Section of the American Sociological Association. He served on the editorial boards of Urban Affairs Review, Journal of the American Planning Associationand Journal of Planning Education and Researchamong many others, and has appeared and written for a wide range of popular media including NPR, MSNBC, CNN, the BBC and The Washington Post. He was an urban planner with the New York Housing Authority, a budget analyst with the New York City Department of Environmental Protection, a community developer in North Carolina, and a postdoctoral fellow with the United States Department of Housing and Urban Development (HUD). . His research has been supported by HUD, the US Department of Health and Human Services, the National Science Foundation, and the Brookings Institution, among others. He received a Ph.D. and MCRP in Urban and Regional Planning from the University of North Carolina at Chapel Hill and a Bachelor of Science from the State University of New York at Buffalo.

“Lance Freeman’s groundbreaking research exemplifies our deepest campus-wide commitments: to bring together multiple disciplines in creative ways and then use these new insights to address our most pressing real-world challenges,” said Dr. Winkelstein. “He has already had a powerful impact on our campus as a Distinguished Provost Visiting Faculty Member, and we are delighted to welcome him back to continue his work as Penn University’s new Integrates Knowledge Professor. “

The Penn Integrates Knowledge Program was launched in 2005 as a university-wide initiative to recruit outstanding faculty whose research and teaching exemplify the integration of knowledge across disciplines and who are appointed to at least two Penn schools.

The James W. Effron University Chair was established in 2005 with a gift from Craig W. Effron, a 1981 Penn graduate. Craig Effron is a founding partner of Scoggin Capital Management, a New York-based hedge fund. The pulpit is named in honor of his late father.

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Chiquita Brooks-LaSure Makes History Among White House’s Most Diverse Administrations https://www.sociologyesoscience.com/chiquita-brooks-lasure-makes-history-among-white-houses-most-diverse-administrations/ Wed, 16 Feb 2022 14:58:48 +0000 https://www.sociologyesoscience.com/chiquita-brooks-lasure-makes-history-among-white-houses-most-diverse-administrations/ Chiquita Brooks-LaSure A White House photo featuring dozens of African-American members of the Biden-Harris administration circulated the internet during the early days of Black History Month, and it would be hard to find anyone. as proud as Chiquita Brooks-LaSure. The first black woman to lead the Centers for Medicare and Medicaid Services (CMS), Brooks-LaSure offered […]]]>
Chiquita Brooks-LaSure

A White House photo featuring dozens of African-American members of the Biden-Harris administration circulated the internet during the early days of Black History Month, and it would be hard to find anyone. as proud as Chiquita Brooks-LaSure.

The first black woman to lead the Centers for Medicare and Medicaid Services (CMS), Brooks-LaSure offered the brightest smile as she mentioned the historic photo featuring Vice President Kamala Harris and a host of black staff members helping to advance the work of the administration.

“I’m so proud and really moved,” said Philadelphia-born Brooks-LaSure.

“When I was nominated, I heard from women across the country, and I hadn’t realized how meaningful it would be to so many people for me to sit in that chair,” he said. she continued. “I have older women and younger women coming to tell me how proud they are. It really inspires me to want to use this role in a way that changes people’s lives, and I’m so grateful for the opportunity.

“The National Newspaper Publishers Association (NNPA) wholeheartedly salutes and congratulates Chiquita Brooks-LaSure for her outstanding leadership at CMS Health and Human Services (HHS).

We look forward to expanding the partnership between CMS and NNPA. Medicare and Medicaid are vital to the present and future of African Americans and other communities of color,” said Dr. Benjamin F. Chavis, Jr, President and CEO of NNPA.

A former politician who played a crucial role in guiding the Affordable Care Act — or Obamacare — through passage and implementation, Brooks-LaSure benefits from decades of experience working in government. and the private sector. As deputy director of policy at the Center for Consumer Information and Insurance Oversight, and earlier at the Department of Health & Human Services as director of coverage policy, Brooks-LaSure led the agency’s implementation policy provisions and Obamacare coverage. She helped House of Representatives leaders pass several health care laws, including the Medicare Improvements for Patients and Providers Act of 2008, on the Democratic staff of the Committee on ways and means of the House.

As a CMS administrator, Brooks-LaSure oversees programs such as Medicare, Medicaid, the Children’s Health Insurance Program and the HealthCare.gov health insurance marketplace.

“I was born in Philadelphia, raised in New Jersey and lived in Virginia for much of my life,” said LaSure, who is married and has a young daughter. “I’ve always been interested in politics from an early age,” she explained. “When I was in graduate school, I had a friend who I took classes with in health policy and social policy, and she really put me on the path to health policy. J I’ve always said, “Once you start health, you never look back, because no policy area has the capacity to touch so many lives, especially in the federal government.”

The COVID-19 pandemic has increased pressure on CMS and other agencies, but Brooks-La-Sure recalled similarities to the coming into force of the ACA. “The ACA was born out of a difficult time,” she recalls. “Before we passed the law, not everyone thought we should focus on health policy. We had the Great Recession, and one of the elements of people’s financial security was health care, because one in three bankruptcies resulted from medical expenses. So it became imperative to pass the ACA, and I think we are at the same time today. The pandemic has made it harder to do so much with health policy. »

Brooks-LaSure said Americans now have a better understanding of why health care is vital and why the uninsured and those without access to vaccines and drug treatments affect everyone. “I think people saw health disparities on a different level,” she said. “I think we now have the opportunity to address these [disparities] if we seize this moment.

To that end, Brooks-LaSure noted the six strategic pillars by which CMS would achieve its mission and measure success:

• Advance health equity by
tackling the health disparities that underpin America
health system
• Build on the affordable
Care and Expanding Access Act
affordable and quality health
coverage and care
• Engage partners and the
communities served by CMS
throughout the process of policy development and implementation • Stimulate innovation to tackle
health system challenges
and promote the value,
person-centred care
• Protect CMS’ programs
sustainability for future generations by acting as a responsible steward to the public
funds
• Foster a positive and inclusive work environment and
workforce and promote
excellence in all aspects of
CMS operations

Brooks-LaSure said CMS has already made significant progress on these pillars, focusing its efforts on improving health equity and access to coverage by working across federal agencies. She told NNPA Newswire that a record 14.5 million people signed up for 2022 health care coverage during the enrollment period. “Investing in financial assistance and awareness helps more people access the care they need,” Brooks-LaSure said.

As part of Vice President Kamala Harris’ call to action to reduce maternal mortality and morbidity, HHS, through CMS, has taken steps to improve maternal health and support the delivery equitable and high-quality care for pregnancy and postpartum care. CMS has proposed a “Birthing-Friendly” designation to support perinatal health outcomes and improved maternal health equity. According to a statement, the designation would initially identify hospitals that provide perinatal care, participate in a maternity care quality improvement collaboration and implement recommended patient safety practices.

CMS also encouraged states to take advantage of the American Rescue Plan’s option to provide 12 months of postpartum coverage to pregnant women enrolled in Medicaid or CHIP.

Brooks-LaSure said history would eventually smile on the unprecedented diversity. “I think representation is so important, and we will have changed this country because so many of us are in these roles with our diverse perspectives that strengthen policy-making,” Brooks-La-Sure said. “The more people you have who come from different backgrounds, you build stronger and better policies and make sure the next generation sees they can fill those roles.”

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Personal lenders will take on more subprime borrowers in 2022, TransUnion says https://www.sociologyesoscience.com/personal-lenders-will-take-on-more-subprime-borrowers-in-2022-transunion-says/ Tue, 08 Feb 2022 20:51:32 +0000 https://www.sociologyesoscience.com/personal-lenders-will-take-on-more-subprime-borrowers-in-2022-transunion-says/ Personal loans are expected to grow 11% in 2022 among unpreferred borrowers with fair or poor credit scores, according to TransUnion. (iStock) Personal loans offer fast, lump-sum financing that can be used to consolidate high-interest debt, pay for home renovations, and finance major purchases. At the start of the coronavirus pandemic, personal loans fell sharply […]]]>

Personal loans are expected to grow 11% in 2022 among unpreferred borrowers with fair or poor credit scores, according to TransUnion. (iStock)

Personal loans offer fast, lump-sum financing that can be used to consolidate high-interest debt, pay for home renovations, and finance major purchases. At the start of the coronavirus pandemic, personal loans fell sharply – but they are expected to make a strong comeback in 2022.

According to Consumer credit forecast 2022 from the TransUnion credit bureau. Lenders should increase personal loans to primary borrowers with excellent credit and subprime borrowers with credit scores below 660.

“Lenders are eager for continued growth, including returning to the unpreferred consumer segment,” said Charlie Wise, senior vice president of TransUnion.

Personal loan production will increase in 2022

YOU COULD SEE A LOWER TAX REFUND THIS YEAR, AND THAT’S WHY

Personal loans are expected to exceed pre-pandemic levels, with TransUnion forecasting 20 million loans in 2022. That’s a dramatic increase from 14.2 million loans in 2020.

“This growth will be spurred by an eventual return in demand for credit card consolidation loans as card balances increase,” said Liz Pagel, senior vice president of TransUnion.

Keep reading to learn more about TransUnion’s predictions for the unsecured loan market in 2022, and visit Credible to buy personal loans from multiple lenders at once.

PERSONAL LOAN SETUP FEES: ARE THEY WORTH THE COST?

Personal lenders will again focus on subprime borrowers

Over the past year, the personal loan industry has seen significant growth among borrowers with credit scores between 300 and 660. In the fourth quarter of 2021, personal loans to non-preferred borrowers skyrocketed by 47% over the previous year, according to TransUnion’s Quarterly Credit Industry Outlook Report Q4 2021.

TransUnion expects this trend to continue in 2022 as lenders continue to increase short-term loans to borrowers with subprime credit histories.

“The economy is normalizing and continuing to grow, and these signs of renewed strength encourage lenders not only to focus on lower-risk consumers, but to provide better access to people who may be considered risky. higher credit ratings,” Wise said.

Q4 2021 Personal Loan Growth Trends

WHAT THE NEW FED ECONOMIC POLICY MEANS FOR MORTGAGE RATES

TransUnion expects personal loans to grow 11% for non-preferred borrowers in 2022, slightly lower than the 14% growth expected among preferred consumers. But due to the increase in subprime loans, delinquencies are expected to increase somewhat.

“While the increase in subprime issuance has led to a slight increase in delinquencies, they remain well below pre-pandemic levels, and delinquencies by risk level remain fairly stable,” Pagel said.

This renewed interest in subprime loans will give consumers with fair or poor credit the opportunity to borrow personal loans to pay off higher interest rate debt and finance major expenses. Subprime borrowers with low credit ratings who are considering taking out a personal loan should shop around with multiple lenders to avoid bad loans with high interest rates.

You can browse current personal loan rates in the table below and visit Credible to see your estimated loan terms for free without affecting your credit score.

93% OF LOAN BORROWERS REGRET MAKING THEIR LOANS

Credit card consolidation will drive personal loan growth in 2022

Demand for personal loans remained weak through early 2021 as consumers received stimulus checks and reduced spending. But amid the economic recovery, consumer spending and revolving credit balances continue to rise — and many borrowers will be looking to unsecured loans to pay off their credit card debt.

Revolving credit balances, April 2020 - present

“With consumer spending expected to increase in 2022, TransUnion forecasts predict this could lead to a continued rebound in the consumer loan market, especially as consumers begin to seek unsecured personal loans again to shore up growing balances. of their cards,” the report said.

Unsecured personal loans give borrowers the ability to pay off high-interest credit card debt at a low, fixed rate. While the average credit card interest rate is 16.44%, according to the Federal Reserve, the average rate for a two-year personal loan is at an all-time low of 9.09%.

Average two-year personal loan rate, Federal Reserve

17 BEST PERSONAL LOANS

Personal loans make it easier to pay off revolving credit card balances because they are repaid in fixed monthly installments. Thanks to lower interest rates, well-qualified borrowers could save nearly $2,400 in interest charges by consolidating credit card debt with this type of loan, according to a recent analysis by Credible.

You can learn more about credit card consolidation loans by contacting a knowledgeable loan officer at Credible. You can also use a personal loan repayment calculator to see if this debt repayment strategy is right for you.

CAN YOU USE A PERSONAL LOAN TO PAY OFF YOUR CAR LOAN?

Do you have a financial question, but you don’t know who to contact? Email the Credible Money Expert at moneyexpert@credible.com and your question might be answered by Credible in our Money Expert column.

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Titans change ticket policy for playoff game in hopes of keeping Bengals fans mostly out of Nissan Stadium https://www.sociologyesoscience.com/titans-change-ticket-policy-for-playoff-game-in-hopes-of-keeping-bengals-fans-mostly-out-of-nissan-stadium/ Thu, 20 Jan 2022 18:10:31 +0000 https://www.sociologyesoscience.com/titans-change-ticket-policy-for-playoff-game-in-hopes-of-keeping-bengals-fans-mostly-out-of-nissan-stadium/ As the Titans prepare to host their second playoff game in 10 years, the team is doing its best to make sure Nissan Stadium isn’t overrun with Bengals fans on Saturday. In an interview with New Channel 5 in Nashville, the team’s vice president of ticketing, Brooke Ellenberger, admitted that the Titans implemented a new […]]]>

As the Titans prepare to host their second playoff game in 10 years, the team is doing its best to make sure Nissan Stadium isn’t overrun with Bengals fans on Saturday.

In an interview with New Channel 5 in Nashville, the team’s vice president of ticketing, Brooke Ellenberger, admitted that the Titans implemented a new ticketing policy this week in hopes of limiting the number of tickets. Bengals fans at game.

Under the adjusted policy, tickets cannot be transferred to anyone who purchases them until 24 hours before the game.

“We want Nissan Stadium to be two-tone blue,” Ellenberger said. “And so by limiting this transfer window, it also limits the number of away team supporters we will have in the stadium.”

Since a potential buyer won’t have tickets in hand until Friday afternoon at the earliest, it’s harder for opposing fans to plan their weekend. It might also scare off some opposing fans as they might think they are being ripped off if the seller tells them they can’t send the tickets to them until Friday.

“By limiting that transfer time, you would be limiting some of the reselling and some of that transfer activity that would happen in advance,” Ellenberger explained.

It should be noted that the 24-hour transfer policy does not apply to anyone who purchased their tickets through an NFL ticketing partner like StubHub, Ticketmaster, or Seat Geek. However, if you buy a ticket there and then try to resell it, the resold ticket will be subject to the 24-hour policy.

The Titans are clearly at least somewhat worried that Bengals fans could take over Nissan Stadium and their worries are certainly valid. Not only is Nashville only a four-and-a-half-hour drive from Cincinnati, but Bengals fans can’t wait to see the team’s first Divisional Round playoff game in 31 years.

If you’re wondering how important this game is to Bengals fans, they already have their own tailgate scheduled for Saturday near Nissan Stadium.

Bengals fans also plan to snag a bar near Broadway on Friday night.

Although the Titans are doing everything they can to suppress Bengals fans attending Saturday’s game, it should be noted that this is not the first time a team has gone out of its way to limit the number of opposing fans during a game.

In January 2016, the Broncos limited all ticket sales for the AFC Championship Game to fans who lived in the Rocky Mountain region (Colorado, Montana, Nebraska, New Mexico, South Dakota, Utah, western Kansas and Wyoming). If you didn’t have a zip code for that area, you couldn’t purchase tickets, which limited the number of Patriots fans who could attend.

It will be interesting to see if Tennessee’s plan works. However, if social media is any indication, there will be plenty of Bengals fans at Nissan Stadium on Saturday at 4:30 p.m. ET when this game kicks off.

If the Bengals win, they will advance to the AFC title game for the first time since the 1988 season, which many of their fans are clearly hoping to see in person.

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Sanford Health and Company Executives Honor Retiring Randy Bury https://www.sociologyesoscience.com/sanford-health-and-company-executives-honor-retiring-randy-bury/ Fri, 07 Jan 2022 14:33:28 +0000 https://www.sociologyesoscience.com/sanford-health-and-company-executives-honor-retiring-randy-bury/ Holding dozens of leadership positions for over 40 years at Sanford Health and the Good Samaritan Society, Randy Bury has had an immense impact on both organizations. Bury retired as President and CEO of the Company at the end of 2021. We catch up with some of the colleagues who know him best. They share […]]]>


Holding dozens of leadership positions for over 40 years at Sanford Health and the Good Samaritan Society, Randy Bury has had an immense impact on both organizations.

Bury retired as President and CEO of the Company at the end of 2021.

We catch up with some of the colleagues who know him best. They share how Bury’s service to patients, residents, staff and communities will be remembered.

On living the mission

“I think the way Randy lived the mission each day was an experience of sacrifice. He has always sacrificed himself for the betterment of our organization and our patients. It was a constant theme in everything he did. He has always put our employees, our patients and the organization first. You saw it and you felt it. – Matt Hocks, Executive Vice President and COO of Sanford Health

“Whether it’s late nights at the medical center or you pull me away, into your office, to share your wisdom and insight with me, I will always be grateful for everything I have learned from you. I am eternally grateful for the things you have shown me and perhaps more importantly, the ability to have seen what it is like to have someone leading with integrity. – Bill Gassen, President and CEO of Sanford Health

“In any organization, especially at the highest level of the organization, trust between team members is essential. There’s no one I trust more than Randy. I think that’s why we were able to run the organization as well as we have. Build so many new programs, new buildings, develop programs, everything that we have done together and as a team. ” – Becky Nelson, former Senior Vice President and retired COO of Sanford Health

“How many people do you know who show up for an internship and, 40 years later, retire from the same company? He’s just a person who has always reached that call and reached what was presented to him for an opportunity to strengthen a different area of ​​the organization. There are a lot of departments that have been positively impacted with Randy. – Eric Vanden Hull, Vice President of Finance of the Company

“It didn’t matter if it was the best of the best days or the worst of the toughest days. The same guy showed up for work every day. For me, as a member of his team, it has always been very reassuring. I think it permeated the culture. Whereas people who might not have had the chance to work with him every day saw it and felt it too. I think it’s really important how he impacted people. – Mona Hohman, retired Sanford Health and Society executive

“I have been at the forefront of how Randy lives his faith day in and day out. From day one he has always said, “We’re here for the pitch. We are here to serve the field. We wouldn’t exist without the land and what they do every day. I don’t know if I’ve been to too many meetings where he doesn’t constantly remind us why we’re here. Certainly we have had some pretty tough days in the past 18 months. What Randy reminded us is that we truly are the hands and feet of Jesus. What we do and what we say matters every day. It is our job as leaders to uplift everyone around the Company. – Nate Schema, new President and CEO of the Company

“I first met you over 40 years ago at Augustana University. We were in the same program there in Augustana, the health care administration program. You were already kind of a legend. You were identified as someone who was going to make a difference in the healthcare industry. From that start in Augustana, I have known you throughout your career with your wife working at Good Samaritain for so many years. You have always supported operations and it has been quite difficult in recent years. From day one you have always been focused on our residents. You were focused on our people. You were focused on our facilities. – Randy Fitzgerald, Executive Director of the Society for Region 1

Messages for retired Randy

“First of all, I just want to say thank you. I want to thank you for the over 40 years of your life that you, Sonia and your boys have dedicated to making this organization an amazing place to work, an amazing place to provide care and, above all, an amazing place to entertain. care. . This organization would not be what it is today without your sacrifice, your dedication to doing good for our people, our patients and our communities. ” – Bill Gassen

“Randy, after 40 and a half years in this organization, I cannot imagine what you have seen and experienced in your dedication to this organization, our staff and the patients. I wish you a good retirement. You have arrived. You’ve pretty much been through it all. A pandemic, a hurricane, a fire in the last two years and you got by and you left it in good hands with the people you have mentored over the years. Health to you. Hope you can spend some time and relax. You more than deserve it. – Matt Hocks

“I think you are so ready for retirement and you and Sonia are going to have a lot of fun. You have always had a life outside of work and your family has always come first and work first. But you never paid attention to one or the other. You will love the retreat. I want you to relax, be happy and try to follow me in fishing. – Becky Nelson

“He’s well known to say, ‘Okay, on a scale of 1 to 10, what do you think?’ So Randy, here today I tell you without hesitation it’s gonna be a 10 and you’re gonna love your new retirement life. You really are one of the good guys. I also want to thank Sonia for sharing Randy with the organization during her career. – Mona Hohman

“I would say thank you. You have been an absolute blessing to the Society of the Good Samaritan. You have been a blessing to me. I will cherish the last two years forever. The way you framed me and brought things to the fore, pointed out things we maybe could have done a little better, and guided us where we needed to change direction halfway through. We will be eternally grateful for the gifts, talents and how faithfully you have led this organization over the past few years. – Nate diagram

“I’m happy for you. Over 40 years as an executive at Sanford, Good Samaritan Society. It’s time to let it go a little bit and enjoy your retirement. Congratulations and thank you. I’m also happy that he hasn’t. “There is now only one Randy at the National Campus. I wish you all the best with your wife and two sons in Colorado. Come see me someday. Well done, good and faithful servant.” – Randy Fitzgerald

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Sun Feng becomes the new boss of the China Classification Society https://www.sociologyesoscience.com/sun-feng-becomes-the-new-boss-of-the-china-classification-society/ Wed, 05 Jan 2022 09:19:03 +0000 https://www.sociologyesoscience.com/sun-feng-becomes-the-new-boss-of-the-china-classification-society/ The China Classification Society (CCS) has appointed Sun Feng as the new chairman and chairman, succeeding Mo Jianhui, who has retired. Sun worked at CCS Dalian branch from 1987 to December 2005. He was General Manager of the Classed Ship in Service Department since December 2005, based at CCS Headquarters, and worked as Vice President […]]]>


The China Classification Society (CCS) has appointed Sun Feng as the new chairman and chairman, succeeding Mo Jianhui, who has retired.

Sun worked at CCS Dalian branch from 1987 to December 2005. He was General Manager of the Classed Ship in Service Department since December 2005, based at CCS Headquarters, and worked as Vice President of CCS from December 2008 to December 2021. He has been in charge of almost all areas of CSC activity, including classification survey services for ships, offshore installations and related industrial products, science and technology, R&D, IT and international affairs.

Sun’s new role will primarily focus on innovation in key areas such as decarbonization, smart shipping and digitization.

“Over the past five years, the scientific and technical capabilities of CCS have improved dramatically and a number of innovative smart and environmentally friendly transportation technologies from CCS have won national awards,” he said. “We must continue to promote quality ethics throughout our organization by promoting the CCS rules and standards system, strengthening research in green and smart technologies while deepening the research and application of new technologies. investigation and accelerating digital transformation. CCS will continue to increase international communications and cooperation with institutions such as IACS and IMO. By improving our service capability, CCS will accelerate the safe and environmentally friendly development of international shipping.

Founded in 1956 and based in Beijing, CCS’s serviced fleet consists of more than 32,000 vessels. In addition to Sun’s appointment, CCS appointed Cai Yanxian as one of the four vice presidents, replacing Zhu Kai, who also retired.


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Correlate the FUND scores with the performance of franchise loans https://www.sociologyesoscience.com/correlate-the-fund-scores-with-the-performance-of-franchise-loans/ Sun, 02 Jan 2022 17:02:39 +0000 https://www.sociologyesoscience.com/correlate-the-fund-scores-with-the-performance-of-franchise-loans/ The pandemic has not only affected small businesses; it turned small business credit markets upside down. It happened so quickly and hit so hard that the government stepped in with federally guaranteed PPP funding, altering the normal credit cycle and making it harder to predict what lenders were likely to do at the start of […]]]>


The pandemic has not only affected small businesses; it turned small business credit markets upside down. It happened so quickly and hit so hard that the government stepped in with federally guaranteed PPP funding, altering the normal credit cycle and making it harder to predict what lenders were likely to do at the start of the crisis. reprise.

The biggest challenge for any lender is uncertainty, and the pandemic has created a heavy dose of it. Among the questions they faced was how a particular franchise system they were lending to was affected and how quickly it would recover. Lending is about making bets over the next 5-10 years of the life of a loan, so it’s really about picking the winners and avoiding the losers after an economic shock. Recognizing that the story hasn’t fully played out yet, let’s see what the updated FUND scores tell us about what could happen to us.

The FUND Score has become the industry standard for credit forecasting franchise system credit. The model analyzes historical factors influencing the ability of franchisees in a system to meet their credit obligations. To ensure that FUND scores continue to predict accurately, FRANdata has continued to test and review the FUND model. Despite the challenges of 2020, the FUND score continued to be strongly correlated with loan success (> 0.6), reinforcing the predictive power of the FUND model.

The performance of franchise loans is influenced by the interplay of customer preferences, the management capacity of the borrower and the performance of the franchisor / franchisee system. Lenders are skilled at assessing the risk implications of customer trends and borrower management. With the FUND Score, lenders can differentiate loan performance expectations based on the comparative credit risk of other franchise systems. FUND categories and FUND scores show the credit risk position of each franchise system relative to all other franchise systems and help inform a lender’s loan performance expectations. FRANdata continued to back-test the scoring model with unit and brand-level loan performance, which remains strongly correlated with loan performance.

To understand this predictability, we compared the year-by-year mark-level performance through the fourth quarter of fiscal 2020 of seasoned SBA loans (loans initiated in fiscal years 2011 to 2017) to the expected loan success rate. by the current scores of the FUND brand. This provided a franchise over a no-franchise foundation, recognizing that all SBA guaranteed loans are, by definition, a high-risk business borrower population.

Over the period under review, including all of 2020, the SBA loan failure rate for franchise loans disbursed in fiscal years 2011, 2012, and 2013 matches the SBA’s non-franchise loan portfolio. . SBA-backed franchise loans created between fiscal 2014 and 2017 overall slightly underperformed the non-franchise portfolio (but not to statistically significant levels).

At the end of the fourth quarter of fiscal 2020, failure rates for SBA loans paid to franchises between fiscal 2014 and 2017 are slightly higher than those for non-franchise SBA loans during the same period, from 13 to 70 basis points. SBA-backed annual loan books, franchised and non-franchised, experience a slightly higher percentage of loan failures than the books from 2011 to 2013 in the same maturity year, no doubt reflecting the less established position in which were the new businesses when the pandemic hit.

This information gave FRANdata a benchmark against which to recalibrate loan performance expectations for lenders based on updated data as the impact of the pandemic begins to manifest.

Before Covid, a FUND score above 800 had a success rate above 95%; however, this success rate fell below 95% during the pandemic. Likewise, all of the FUND’s ranges have been adjusted downward on the basis of the benchmarking analysis. As the positive impact of the PPP program becomes smaller over time, we would expect the upper ends of the bands to tighten again, while the lower FUND scores could continue to decline, reflecting the difficulties that brands that have entered the downturn in weaker positions will have to deal with a greater relative number of underperforming units.

What does it all mean?

First, it means that at this point in the economic recovery, franchise and non-franchise loans have worked roughly the same (and have been influenced by PPP funding as well). Although, based on past business cycles, we believe the performance will eventually show that the franchise business model will perform better. However, it also means that lenders perceive that the management teams of franchise brands with higher FUND scores have been able to adapt more quickly and will be able to focus more on the future, while the teams Managing brands with lower FUND scores will likely be challenged. for a while with internal problems. Differentiated performance will stimulate the interest of lenders.

Chen Wang is a Senior Market Research Analyst and David Swift is Vice President of Data Analytics and Research Development at FRANdata. Darrell Johnson is CEO of FRANdata, an independent research firm providing information and analysis for the franchise industry since 1989. He can be reached at 703-740-4700 or djohnson@frandata.com.


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Home Ministry report on drilling is mostly silent on climate change https://www.sociologyesoscience.com/home-ministry-report-on-drilling-is-mostly-silent-on-climate-change/ Fri, 26 Nov 2021 21:23:45 +0000 https://www.sociologyesoscience.com/home-ministry-report-on-drilling-is-mostly-silent-on-climate-change/ WASHINGTON – The Home Office on Friday recommended that the federal government increase the fees oil and gas companies pay to drill on public lands – the first increase in these rent and royalty rates since 1920. The long-awaited report recommended an overhaul of the rents and royalties charged for both onshore and offshore drilling, […]]]>


WASHINGTON – The Home Office on Friday recommended that the federal government increase the fees oil and gas companies pay to drill on public lands – the first increase in these rent and royalty rates since 1920.

The long-awaited report recommended an overhaul of the rents and royalties charged for both onshore and offshore drilling, noting an estimate that the government has lost as much as $ 12.4 billion in revenue from drilling on the islands. federal lands from 2010 to 2019 because royalty rates have been frozen for a century.

The Home Office said its goal was to “better restore balance and transparency in public management of land and oceans and deliver a fair and equitable return for US taxpayers.”

But the report was almost silent on the climate impacts of the public drilling program. The United States Geological Survey estimates that drilling on public lands and in federal waters is responsible for nearly a quarter of the greenhouse gases generated by the United States that warm the planet.

This silence has angered some environmentalists, who want the federal government to take into account the climate impact of drilling when evaluating the approval of new leases. It would be a first step towards ending new oil and gas drilling on public lands, something President Biden promised during his candidacy.

The report comes as rising gas prices have created political headaches for the Biden administration and prompted Republicans to call for increased domestic gas and oil production. On Tuesday, Biden said he would release 50 million barrels of oil from the country’s emergency stockpile in an attempt to bring down energy prices.

Representatives of the oil and gas industry warned on Friday that the fee hike would spike prices and undermine energy security.

“You know there is something wrong with a policy when it is posted on a Friday and even more so when it is a statutory holiday weekend,” said Kathleen Sgamma, president of the Western Energy Alliance, which represents oil and gas companies.

Frank Macchiarola, senior vice president of the American Petroleum Institute, a trade group, said in a statement that the Biden administration was sending mixed signals by releasing emergency oil reserves and then proposing to increase costs. for industry. This suggests that the administration has “no clear roadmap for the future of federal leasing,” he said.

Meanwhile, environmentalists said they feared the Biden administration would back down on a central climate commitment.

Brett Hartl, director of government affairs at the nonprofit Center for Biological Diversity, called the 18-page report the president’s “massive betrayal” on climate change.

Mr Hartl said environmental groups expected the agency to revise the fossil fuel rental program, taking into account the environmental damage from drilling at the local level as well as its contribution to the global climate crisis. He said the report, which barely mentioned climate change, “is not worth the paper it was written on.”

As a candidate, Biden has pledged to stop issuing new leases for drilling on public lands. “And by the way, no more drilling on federal lands, period. Period, period, period, ”Mr. Biden told New Hampshire voters in February 2020.

This month, he appeared at a global climate summit in Glasgow to urge other world leaders to take bold action to cut emissions from oil, gas and coal. Mr. Biden has pledged to reduce US greenhouse gas emissions by 50 to 52 percent from 2005 levels by the end of this decade. Home Secretary Deb Haaland is a former environmental activist and former congressman who had a campaign website that included this quote from her: “We need to act quickly to address climate change and keep fossil fuels in the dark. ground.

But last week, the Biden administration offered up to 80 million acres in the Gulf of Mexico for drilling leases – the biggest sale since 2017. The administration was legally obligated to hold lease sales afterwards. that Republican attorneys general in 13 states successfully overturned a sales suspension that Mr Biden had attempted to impose. Shell, BP, Chevron and Exxon Mobil have offered $ 192 million for government-offered rights to drill in the area.

The Mineral Leasing Act of 1920 established a system for private companies to lease public land to extract oil and gas from the ground. Companies pay rent until the lease starts producing gas or oil, then pay royalties based on how much fossil fuel is extracted. Royalties have remained unchanged for a century. In 1953, Congress passed the Outer Continental Shelf Lands Act to govern drilling in federal waters. Both laws put in place a system that requires the government to auction leases at regular intervals.

Upon taking office, Mr Biden issued an executive order calling for a temporary ban on new leasing of oil and gas on public land, which was to remain in place while the Home Office produced a full report on the state of federal oil and gas drilling. programs.

Ms Haaland sent the report to the White House in June.

The report’s recommendations to increase drilling costs are largely in line with legislation currently passed by Congress. The massive $ 2.2 trillion climate and social policy bill that was passed by the House of Representatives last week includes provisions that would increase federal royalty rates for oil and gas companies.

Numerous studies by government and tax watch groups have concluded that the federal government underestimates the value of oil and gas resources on public lands and undercharges companies for extracting fuels.

In addition to increasing rents and fees, the report recommended an increase in the current minimum level of obligations. Companies have abandoned thousands of wells on public land, which frequently leak methane and pose other dangers. But the current level of obligations is not enough to cap and clean them, leaving taxpayers to bear the costs.

The Home Office could adopt some of the proposed changes through regulation, but most of the report’s recommendations would require congressional action.

Even at their current levels, royalties are still a significant source of revenue: the federal government has so far raised $ 9.6 billion this year through drilling on public lands and federal waters, up from $ 8 billion. dollars last year.

As a way to increase revenue from the $ 2.2 trillion spending bill, Democrats included provisions in the legislation that would raise royalty rates for onshore oil and gas drilling from 12.5 percent to 18 percent. 75 percent and set offshore rates at “not less than 14 percent”. In auctions of federal oil and gas leases on public lands, the minimum bid would drop from $ 2 an acre to $ 10 an acre. And that would increase the annual rents that businesses have to pay to the federal government to lease the land. According to the Congressional Budget Office, these changes would bring in about $ 2.5 billion in new revenue by the end of the decade.

Conservationists have said they support increasing these fees and charges, but added that the increase would not slow down drilling or climate change.

“This is what has to happen,” said Joel Clement, who resigned from the Home Office in protest under the Trump administration, and is now a senior researcher at Harvard Kennedy School. “But it’s a hit on first base, not a double or a home run. And at this point, we need to have a big twist on public land leasing. It is one of the immediate climate levers that can bring real change. The rental program must take climate emissions into account. This is how we get a lasting moratorium on drilling.

Mr Clement and other climate policy experts said the Home Office should incorporate the potential climate impacts of leasing oil and gas wells into assessments required by the National Environmental Policy Act of 1970, which states that the government must take ecological damage into account when deciding whether or not to authorize drilling. and construction projects.

If all assessments of the impacts of drilling on public lands were to include the potential warming impact of burning fuels in leases, experts said, it would create the legal basis for the government to stop issuing new leases. drilling.

But moving forward with such a policy would most likely face political backlash from Republicans, the oil industry, and Democrats in the oil and gas states. It could also complicate the administration’s efforts to steer its broader spending bill through a Democratic majority in Congress.

“The political tightrope is vexatious, but the bottom line is that we need to end the leasing of oil and gas on public lands,” Clement said. “It’s no exaggeration to say that this would change the global conversation on energy transition. “

Lisa Friedman contributed report.


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