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Factbox: Team by team analysis of the Eifel Grand Prix

Factbox: Team by team analysis of the Eifel Grand Prix

(Reuters) – Team by team analysis of Sunday’s Eifel Grand Prix at the Nuerburgring, round 11 of the 17 race championship (listed in current championship order):

Formula One F1 – Eifel Grand Prix – Nurburgring, Nurburg, Germany – October 11, 2020 Mercedes’ Lewis Hamilton poses on the podium after winning the race alongside second placed Red Bull’s Max Verstappen and third placed Renault’s Daniel Ricciardo Pool via REUTERS/Matthias Schrader

MERCEDES (Lewis Hamilton 1, Valtteri Bottas retired)

Hamilton, starting second on the grid, equalled Michael Schumacher’s all-time record of 91 wins with his seventh victory of the season. The Briton is now 69 points clear of Bottas, who started on pole but suffered his first retirement of the season, and has scored more points (230) than Red Bull. Mercedes are 180 points clear of Red Bull in the constructors’ standings.

RED BULL (Max Verstappen 2, Alexander Albon retired)

Verstappen remains third in the championship but the gap to Bottas is now only 14 points. He set the fastest lap right at the end. Albon started fifth but damaged his tyres on the opening lap and then collided with Kvyat, breaking the AlphaTauri’s front wing and collecting a five second time penalty and two points on his licence. He retired with a power unit issue after debris pierced the car’s radiator.

RACING POINT (Sergio Perez 4, Nico Hulkenberg 8)

Points for both drivers lifted the team to third overall, four points clear of McLaren. Perez started ninth, and might have made the podium but for a late safety car that helped Ricciardo pit for fresh tyres, while Hulkenberg was last on the grid after standing in at short notice for unwell Canadian Lance Stroll. The German was voted driver of the day by F1 fans.

MCLAREN (Carlos Sainz 5, Lando Norris retired)

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Factbox: What a second Trump term would mean for U.S. financial policy

Factbox: What a second Trump term would mean for U.S. financial policy

WASHINGTON (Reuters) – A victory by U.S. President Donald Trump in the Nov. 3 election would continue his administration’s four-year deregulatory streak, which has delivered at least $40 billion in gains to banks and other financial firms, according to industry estimates.

FILE PHOTO: U.S. President Donald Trump stands on the Truman Balcony after the president underwent a fourth day of treatment for the coronavirus disease (COVID-19) as he returns to the White House in Washington, U.S., October 5, 2020. REUTERS/Erin Scott

Here are some more key financial rule changes that policy experts said they would expect if the Republican incumbent wins a second term in the White House.

HOUSING FINANCE OVERHAUL

Trump’s administration could push ahead with its ambitious overhaul of the housing finance market.

The Federal Housing Finance Agency (FHFA) has begun the fraught process of returning Fannie Mae and Freddie Mac, the government-sponsored enterprises that guarantee over half the country’s mortgages, to the private markets. It has allowed the pair to bolster their capital bases by retaining more of their profits and is drawing up new capital requirements that should be finished by the end of this year.

In a second term, FHFA Director Mark Calabria would be able to proceed with plans to potentially raise billions of dollars of extra capital from private sources, slimming down the pair’s activities, bolstering their internal controls and reducing their risk exposure.

FINTECH PUSH

The Trump administration has been a major proponent of innovation in financial services and has already taken steps to make it easier for technology firms to get into banking. A second term would give Trump officials more leeway to push further into this often controversial territory.

Brian Brooks, acting head of the Office of the Comptroller of the Currency (OCC), has strongly

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