By strategiccomm@fullerton.edu (strategic communications) New at Cal State Fullerton’s Grand Central Art Center in Santa Ana: Yulya Dukhovny’s “Fisherman’s Dream – The World in Miniature.” …read more
Source:: CSUF News
Monthly Archives: September 2016
‘Acknowledging Our Latinx Roots and Celebrating Our Diversity’
By strategiccomm@fullerton.edu (strategic communications) Student groups and departments are celebrating the achievements of Hispanics through a variety of programs continuing through Oct. 12. …read more
Source:: CSUF News
‘Tuffy’s Career Closet’ Helps Students Dress for Success
By strategiccomm@fullerton.edu (strategic communications) Cal State Fullerton’s WoMen’s and Adult Reentry Center is accepting donations of gently used professional attire to stock its new career closet for students. …read more
Source:: CSUF News
New Director Brings International Perspective to CSUF Real Estate Institute
By strategiccomm@fullerton.edu (strategic communications) Sandy G. Bond, a 25-year real estate veteran from New Zealand, brings her expertise and knowledge to Cal State Fullerton as the new director of its Real Estate and Land Use Institute (RELUI). …read more
Source:: CSUF News
Royce and Yellen Discuss Community Bank Consolidation and Need for Regulatory Relief
U.S. Representative Ed Royce (R-Calif.) questioned Chair of the Federal Reserve Board of Governors Janet Yellen about increased community bank consolidation at the House Financial Services Committee hearing entitled “Semi-Annual Testimony on the Federal Reserve’s Supervision and Regulation of the Financial System.”
“I had a question… about the unprecedented consolidation that we have seen in community financial institutions where there are fewer and fewer of them. Smaller institutions have fewer assets over which to spread their ever-growing compliance costs, so they often seek those economies [of scale] through mergers. That’s what leads to this conundrum where we have fewer banks today than we did during the Great Depression. Are you worried about the consequences of consolidation for communities and for our economy, and eventually for overleverage when you end up with just a few big institutions that hold so much weight?” asked Rep. Royce.
“I do think it’s essential that we have a vibrant set of community banks serving America’s communities. They play a very special role in our financial system and it’s important that they remain healthy. Reducing regulatory burden is important and is something that we will seek to foster using every available tool that we have. Community …read more
Source:: U.S. Rep. Ed Royce
Reps. Royce and Blumenauer Introduce NFIP Reforms to Save Taxpayer Money
Today, U.S. Representatives Ed Royce (R-Calif.) and Earl Blumenauer (D-Ore.) introduced H.R. 6196, the Repeatedly Flooded Communities Preparation Act. The bill aims to mitigate the financial resources expended by the National Flood Insurance Program (NFIP) and taxpayers on claims for properties flooded multiple times:
“It’s said that insanity is doing the same thing over and over again and expecting different results, yet when it comes to the NFIP and properties that flood repeatedly, that’s what we do. One NFIP-insured home valued at $69,000 flooded 34 times in 32 years and racked up $663,000 in claims; it’s time to stop the madness for policyholders and taxpayers who subsidize this cycle,” said Rep. Royce.
“Repetitive flood loss continues to place communities and families at risk, while shortchanging the federal taxpayer and all those who pay flood insurance premiums,” said Rep. Blumenauer. “The good news is that even as the challenges mount, we know what to do. This legislation focuses on engaging communities in simple, self-help solutions that will make them safer, save them money, and ultimately, lead to the stabilization of the National Flood Insurance Program.”
As of January 2016, there were more than 150,000 structures around the country classified as “Repetitive Loss …read more
Source:: U.S. Rep. Ed Royce
Placentia DMV employee convicted of using fraudulent vehicle registrations to steal from the state
ORANGE COUNTY DISTRICT ATTORNEY PRESS RELEASE
Case # 16NF1560
Date: September 27, 2016
SANTA ANA, Calif. – A California Department of Motor Vehicles (DMV) employee was convicted and sentenced today for illegally taking money from vehicle registration fees for personal use through fraudulent transactions. Sunila Dang, 48, Diamond Bar, pleaded guilty today, Sept. 27, 2016, to five felony counts of misappropriation of public funds and five felony counts of altering public documents. Pursuant to the court’s offer, Dang was sentenced to six months in jail to be served in home confinement and restitution. Continue reading
Two men charged with shooting and killing three victims at a Fullerton home
Frank Felix, 25, Sun Valley and Josh Acosta, 21, Fort Irwin
ORANGE COUNTY DISTRICT ATTORNEY PRESS RELEASE
Case # 16NF2644
Date: September 27, 2016
WHO: Joshua Charles Acosta, 21, Ft. Irwin, Texas, and Frank Sato Felix, 25, Sun Valley
WHAT: Were each charged today with three felony counts of special circumstances murder for committing multiple murders. Acosta is also charged with sentencing enhancements for the personal discharge of a firearm causing death. If convicted, they face a minimum sentence of life in state prison without the possibility of parole. The defendants are ineligible for bail. Continue reading
Grant Funds Research to Design Earthquake-Proof Skyscrapers
By strategiccomm@fullerton.edu (strategic communications) With a nearly $160,000 grant from the National Science Foundation, engineering faculty member Kristijan Kolozvari and his students are developing innovative simulation tools to predict the seismic performance of tall buildings. …read more
Source:: CSUF News
State College Blvd. Night Work and Closures
The sewer replacement project on State College Blvd. at Chapman Ave. will require temporary closures tonight through the rest of the week.The closure is planned for night work only between the hours of 9 p.m. and 5 a.m. The closure will reopen each morning and close again each night for a one week period. …read more
Source:: City of Fullerton