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Published on 00:00 GMT

Warren grills FDIC’s Hill over DOGE incursion

Sen. Elizabeth Warren, D-MA, and three other Democratic senators warned Federal Deposit Insurance Corp. Acting Chair Travis Hill that the Department of Government Efficiency’s access to sensitive information and job cuts might hinder efforts to prevent …

Source: Banking Dive - Neutral
Published on 00:00 GMT

Fed joins FDIC, OCC in withdrawing crypto-skeptical guidance

The Federal Reserve withdrew three pieces of Biden-era guidance Thursday related to banks’ engagement in cryptocurrency. The Fed withdrew two supervisory letters dictating that banks should seek prior approval from regulators before dabbling in …

Source: Banking Dive - Neutral
Published on 00:07 GMT

OCC, FDIC eliminating ‘reputational risk’ from supervision, examinations

The OCC has removed “reputational risk” from its handbooks and guidance and the FDIC is moving to do the same. The OCC’s decision supports “the OCC’s mission and its supervisory objectives to ensure that banks have appropriate and strong risk management …

Source: JD Supra - California - Neutral
Published on Apr 25, 2025

Federal Reserve, FDIC Pull Statements on Crypto

177138177 story Posted by msmash on Friday April 25, 2025 @10:43AM from the how-about-that dept. The Federal Reserve Board and the Federal Deposit Insurance Corp. have withdrawn several statements regarding banks' crypto-related activities in an effort …

Source: Slashdot - Neutral
Published on Apr 25, 2025

FDIC resolution shift favors speed; critics warn of costs

The Federal Deposit Insurance Corp. 's newly revised resolution framework reflects acting Chair Travis Hill's skepticism of the bridge-bank model used in 2023, which he has criticized as deposit-draining. Still, some experts warn that favoring …

Source: American Banker - New York - Neutral
Published on Apr 25, 2025

‘Cash is king’ campaign would remind Oregon businesses that they must accept cash — not just credit cards

Sen. James Manning, a Eugene Democrat, said he recently bought a drink at an event at a downtown Portland hotel. He tried to pay with cash. “They said they don’t accept cash,” Manning recalled. “And I’m like ‘What do you mean you don’t accept cash?’ I …

Source: OregonLive.com - Neutral
Published on Apr 24, 2025

Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks

The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto guidance of previous years, including notices that banks should get pre-approvals before they get involved in crypto activity. Now, all three agencies — including the …

Source: CoinDesk - Neutral
Published on 03:07 GMT

What happens to my money if my bank is robbed?

It’s an uneventful weekday, and you’re running a few errands during your lunch break. You decide at the last minute to run inside the bank to finally deposit that paper check you’ve had in your pocket for the past month, as well as review your checking …

Source: AOL - Pending
Published on Apr 25, 2025

Best Large Cities to Start a Business (2025)

Americans are born with an entrepreneurial streak. It’s in our DNA. From the Gold Rush to the Industrial Revolution to the Internet Age, intense periods of innovation have molded our economy and sparked important societal advancements. That said, the past …

Source: Pace University - New York - Neutral
Published on 01:07 GMT

Fed Lifts Crypto Restrictions for Banks in Landmark Shift

The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto asset and stablecoin activities, with changes to its expectations for these engagements. According to a statement, the move aims to ensure its …

Source: CryptoPotato - Neutral
Published on Apr 25, 2025

Senator Lummis criticizes Fed’s crypto guidance withdrawal as ‘noise, not real progress’

Senator Cynthia Lummis said the Federal Reserve’s recent decision to withdraw certain crypto-related supervisory directives is “just noise, not real progress,” criticizing the move as superficial in a statement shared on April 25 on X. Lummis dismissed the …

Source: CryptoSlate - Neutral
Published on 00:06 GMT

The Potential Impacts of the GENIUS Act on Banking Regulations

On March 13, the U.S. Senate Committee on Banking, Housing, and Urban Affairs voted to advance the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act through committee. According to Chairman Tim Scott’s remarks addressing its …

Source: JD Supra - California - Neutral
Published on Apr 25, 2025

Senator Lummis blasts the Fed: Anti crypto bias persists, despite ‘lip service’

The Fed recently pulled back guidance warning banks about crypto risks. Senator Cynthia Lummis called it “lip service.” The Federal Reserve withdrew restrictive guidance on banks holding crypto assets, but not everyone is convinced that the regulator is …

Source: crypto.news - Neutral
Published on 00:07 GMT

A Threat to Small Business Lending and Modern Bank-Fintech Partnerships

A number of states have considered - and some have enacted - laws to regulate strategic partnerships between banks and technology companies that act as service providers. One such bill - Alaska's Senate Bill 39/House Bill 132, titled "An Act …

Source: JD Supra - California - Neutral
Published on Apr 25, 2025

Senator Cynthia Lummis swears to hold the Fed accountable until crypto gets more than a ‘life jacket’

Senator Cynthia Lummis, the SBR evangelist, has said that she will continue to hold the Fed accountable until crypto is fully supported. This is in relation to the Fed’s withdrawal of crypto rules for banks, which has ended “Chokepoint” practices. …

Source: Cryptopolitan - Indeterminate
Published on Apr 24, 2025

Warren and banking colleagues probe FDIC over DOGE efforts

A cohort of Democratic Senate Banking Committee members Thursday demanded answers from the nation's deposit insurer regarding an ongoing Department of Government Efficiency-led effort to cut over a thousand agency staffers. In the letter to Acting …

Source: American Banker - New York - Neutral
Published on Apr 25, 2025

US Senator Cynthia Lummis Calls Out Fed Crypto Policy Withdrawal, Here’s Why

US Senator Cynthia Lummis has sharply criticized the Federal Reserve’s recent move to withdraw guidance on cryptocurrency activities. She argued that the decision does not represent genuine progress for the digital asset industry and raised concerns about …

Source: Coingape - Neutral
Published on Apr 25, 2025

Provident Bancorp, Inc. Reports Results For The March 31, 2025 Quarter

(MENAFN- PR Newswire) AMESBURY, Mass., April 25, 2025 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (NasdaqCM: PVBC), the holding company for BankProv (the "Bank"), reported net income for the quarter ended March 31, …

Source: MENAFN - Indeterminate
Published on Apr 25, 2025

Federal Reserve relaxes crypto partnership rules for banks

The US Federal Reserve confirmed that it rescinded earlier directives concerning banks’ involvement with crypto and dollar tokens, according to an April 24 statement. One significant change involves the 2022 supervisory letter, which required banks to …

Source: CryptoSlate - Neutral

02 days 21:38:06

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Published on March 14, 2025 - 14:56 GMT

Dispatches From the Front Lines of Trump’s War on Democracy

“My generals” running the Pentagon? “My lawyers” running the Department of Justice? “My” main money man and his group of young techies illegally shutting down programs Congress voted to support and fund? What we have here is a hostile takeover of the U. …

Source: Op/Ed
Published on April 25, 2025 - 19:28 GMT

First Central Savings Bank Reports First Quarter 2025 Results Highlighted by Net Income of $1.8 million ($0.17 EPS), Net ...

Performance Highlights Net Income: Net income for the quarter ended March 31, 2025, was $1.8 million, or $0.17 per share, compared to $1.2 million, or $0.12 per share, recorded in the prior year quarter ended March 31, 2024. Cash Net Income: Cash net …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on April 25, 2025 - 14:55 GMT

Penns Woods Bancorp, Inc. Reports First Quarter 2025 Earnings

WILLIAMSPORT, Pa., April 25, 2025 (GLOBE NEWSWIRE) -- Penns Woods Bancorp, Inc. (NASDAQ: PWOD) Penns Woods Bancorp, Inc. achieved net income of $7.4 million for the three months ended March 31, 2025, resulting in basic earnings per share of $0.97 and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 25, 2025 - 12:30 GMT

Preferred Bank Reports First Quarter Results

LOS ANGELES, April 25, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), one of the larger independent California banks, today reported results for the quarter ended March 31, 2025. Preferred Bank (“the Bank”) reported net income of $30.0 million or …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on April 24, 2025 - 22:37 GMT

Federal Reserve Board announces the withdrawal of guidance for banks related to their crypto-asset and dollar token ...

April 24, 2025 Federal Reserve Board announces the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities For release at 5:30 p.m. EDT The Federal Reserve …

Distribution channels: Banking, Finance & Investment Industry
Published on April 24, 2025 - 20:35 GMT

OceanFirst Financial Corp. Announces First Quarter Financial Results

RED BANK, N.J., April 24, 2025 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC) (the “Company”), the holding company for OceanFirst Bank N.A. (the “Bank”), announced net income available to common stockholders of $20.5 million, or $0.35 per …

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Published on April 24, 2025 - 18:00 GMT

C&F Financial Corporation Announces Net Income for First Quarter

TOANO, Va., April 24, 2025 (GLOBE NEWSWIRE) -- C&F Financial Corporation (the Corporation) (NASDAQ: CFFI), the holding company for C&F Bank, today reported consolidated net income of $5.4 million for the first quarter of 2025, compared to $3.4 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 24, 2025 - 11:00 GMT

Valley National Bancorp Announces First Quarter 2025 Results

NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, today reported net income for the first quarter 2025 of $106.1 million, or $0.18 per diluted common share, as compared to the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 23, 2025 - 21:26 GMT

Northfield Bancorp, Inc. Announces First Quarter 2025 Results

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.19 FOR THE CURRENT QUARTER COMPARED TO $0.27 FOR THE TRAILING QUARTER, AND $0.15 FOR THE FIRST QUARTER OF 2024. Fourth Quarter 2024 earnings included a gain of $3.4 million, or $0.06 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on April 25, 2025 - 21:01 GMT

Career Fair - Haven Treatment Center - Vancouver, Washington

VANCOUVER, WA, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Haven Treatment Center invites job seekers to its Career Fair, taking place Monday, April 28, 2025, through Thursday, May 1, 2025, from 4:30 PM to 6:30 PM. Attendees will have the …

Distribution channels: Education, Healthcare & Pharmaceuticals Industry ...
Published on April 25, 2025 - 20:52 GMT

Raising Orchid Kids Condemns Secretary Kennedy's Harmful Comments on Autistic Kids, Adults and Families

D.C. area coaches dedicated to supporting families of neurodivergent children speak out against RFK's inaccurate, misleading and harmful comments about autism. WASHINGTON, DC, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Raising …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on April 25, 2025 - 19:28 GMT

Haven Treatment Center Community Celebration - Vancouver, Washington

VANCOUVER, WA, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Join us at this event on May 2nd from 4:30pm-6:30pm for our Haven Treatment Center Community Celebration! Bring your children, families, and friends for a fantastic lineup of fun- …

Distribution channels: Education, Healthcare & Pharmaceuticals Industry ...
Published on April 26, 2025 - 05:47 GMT

Justice Department Announces Two Cases Involving Judicial Misconduct and Obstruction of Law Enforcement

The Justice Department today announced federal criminal charges in two separate cases involving the alleged obstruction of federal law enforcement operations and unlawful concealment of individuals residing illegally in the United States. “The allegations …

Distribution channels: U.S. Politics
Published on April 25, 2025 - 17:43 GMT

RINO Removal Project Launches Nationwide Effort to Promote Voter Engagement and GOP Candidate Accountability

New grassroots initiative launches state chapters, scoring system, and digital tools to boost primary voter turnout. LEXINGTON, KY, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- The RINO Removal Project (RRP) has launched a national campaign aimed …

Distribution channels: Politics, Social Media ...
Published on April 26, 2025 - 05:25 GMT

Comer Announces Full Committee Markup on Budget Legislation for April 30

WASHINGTON—Today, House Committee on Oversight and Government Reform Chairman James Comer (R-Ky.) announced a markup will take place on Wednesday, April 30th at 10:00 a.m. ET to consider budget legislation to advance President Trump’s agenda to provide tax …

Distribution channels: U.S. Politics
Published on April 25, 2025 - 16:03 GMT

'Alan and the Rulers of the Air' MAY 2 RELEASE AMID LAWSUIT SURGE—THRILLER EXAMINES SPIRITUAL FORCES BEHIND ATTACKS

BMG-GLOBAL ANNOUNCES "Alan and the Rulers of the Air" MAY 2 RELEASE AS RELIGIOUS LIBERTY LAWSUITS SURGE NATIONWIDE—THRILLER EXAMINES FORCES BEHIND ATTACKS LOS ANGELES, AZ, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- As debates around …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on April 25, 2025 - 14:06 GMT

Eastern Shore Seniors Rally to Defend Social Security, Medicare; Urge Rep. Andy Harris to Protect Vital Programs

Local Seniors and Advocates Unite to Demand Protection for Earned Benefits Amid Ongoing Threats from Congress CAMBRIDGE, MD, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- NOTE TO MEDIA: Visuals will include signs, seniors in motion with …

Distribution channels: Politics, U.S. Politics ...
Published on April 25, 2025 - 13:30 GMT

Shadow SEC Warns of Dangerous Cuts to SEC Budget and Staff

The SEC is facing cuts’ due to budget reductions, staff cuts, and a new Executive Order requiring all policy decisions to receive prior approval from the OMB. NEW YORK, NY, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- In Deminor’s latest article …

Distribution channels: Banking, Finance & Investment Industry, Education ...
Published on April 25, 2025 - 13:00 GMT

Black Saber Group Making Big Strides

Black Saber Group showcased at Iridium Partner Conference 2025, established new partnerships, and have sold hundreds of E-Clips and E-Docks TAMPA, FL, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- Today Black Saber Group, a company focused …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on April 25, 2025 - 23:17 GMT

Justice Department Corrects Past Administration’s Manipulation of Legal System that Sought to Force States to Provide ...

In a pair of filings today in the U.S. District Court for the Northern District of Georgia, the Justice Department undid the past administration’s abuse of the legal system that pushed an agenda driven by politics, not law. The Justice Department’s Civil …

Distribution channels: U.S. Politics
Published on April 25, 2025 - 23:17 GMT

Two Foreign Nationals Arrested in Serbia for Directing Interstate Stalking and Harassment Scheme Targeting Los Angeles-...

Yesterday, Serbian law enforcement authorities arrested two foreign nationals, Cui Guanghai, 43, of China, and John Miller, 63, of the United Kingdom, at the request of the United States. Today, the United States unsealed its criminal complaint alleging …

Distribution channels: U.S. Politics
Published on April 25, 2025 - 11:09 GMT

Armenian National Committee of America Calls on President Trump to Properly Recognize Armenian Genocide

Armenian Americans Reject Trump’s Re-Enforcement of Turkey’s Gag Rule; Call for Policy Reset to Counter Azerbaijan’s Genocidal Aggression WASHINGTON, DC, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- The Armenian National Committee of …

Distribution channels: Human Rights, Politics ...
Published on April 25, 2025 - 23:04 GMT

Higgins Urges ATF to Update Firearms Transaction Form to Protect Americans from Mistakenly Committing Felonies and ...

WASHINGTON—Subcommittee on Federal Law Enforcement Chairman Clay Higgins (R-La.) today is calling on the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) to make necessary updates to its firearms transactions record form (Form 4473) to protect …

Distribution channels: U.S. Politics
Published on April 25, 2025 - 21:32 GMT

DLNR News Release – TEMPORARY CLOSURE OF POLOLŪ TRAIL AND LOOKOUT ON MAY 3

STATE OF HAWAIʻI KA MOKU ʻĀINA O HAWAIʻI DEPARTMENT OF LAND AND NATURAL RESOURCES KA ‘OIHANA KUMUWAIWAI ‘ĀINA JOSH GREEN, M.D. GOVERNOR DAWN CHANG CHAIRPERSON TEMPORARY CLOSURE OF POLOLŪ TRAIL AND LOOKOUT MAY 3 FOR IMMEDIATE RELEASE …

Distribution channels: U.S. Politics
Published on April 25, 2025 - 08:50 GMT

Steel Slag Market Outlook 2025: Impact of U.S. Tariffs and Trade Policies

Key companies covered in steel slag market report are ArcelorMittal, Nippon Steel Corporation, JFE Steel Corporation, Tata Steel, POSCO, Voestalpine Group. NY, UNITED STATES, April 25, 2025 /⁨EINPresswire.com⁩/ -- The global steel slag market size …

Distribution channels: U.S. Politics ...
Published on April 25, 2025 - 15:06 GMT

Maryland Man Indicted for Conspiring to Provide Material Support to Armed Separatist Fighters to Murder, Kidnap, and ...

A federal grand jury in Baltimore returned an indictment yesterday charging a Cameroonian national, Eric Tataw, also known as “the Garri Master,” 38, of Gaithersburg, Maryland, with conspiring to provide material support to armed separatist militias in …

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Published on April 25, 2025 - 14:15 GMT

Scalise to Lead Bipartisan House Delegation to Attend Funeral of Pope Francis

Today, House Majority Leader Steve Scalise (R-La.), the highest ranking Catholic in the House of Representatives, announced he will be leading a bipartisan Congressional delegation of House Members to attend the funeral services of His Holiness Pope …

Distribution channels: U.S. Politics
Published on April 25, 2025 - 12:49 GMT

BCYF Draper Pool is Open!

Stop by the Open House on April 29 to learn about programming and meet the Pool Manager. BCYF Draper Pool in West Roxbury, closed for critical systems repairs, reopened on Wednesday, April 23. There will be an Open House on Tuesday, April 29, from 12:00 p. …

Distribution channels: U.S. Politics
Published on April 25, 2025 - 00:00 GMT

Raja Limousine Introduces Luxury Black Car and SUV Service in Suffolk County, Long Island, New York

"Luxury Black Car & SUV Service for Suffolk County, Long Island, NY" SUFFOLK LONG ISLAND, NY, UNITED STATES, April 24, 2025 /⁨EINPresswire.com⁩/ -- Raja Limousine Offers Luxury Black Car and SUV Service in Suffolk County, New York …

Distribution channels: Automotive Industry, Social Media ...

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Op/Ed

Published on March 14, 2025 - 14:56 GMT

Dispatches From the Front Lines of Trump’s War on Democracy

“My generals” running the Pentagon? “My lawyers” running the Department of Justice? “My” main money man and his group of young techies illegally shutting down programs Congress voted to support and fund? What we have here is a hostile takeover of the U. …

Source: Op/Ed
Published on February 14, 2025 - 08:06 GMT

Use Your Cell Phone Camera to Help Save U.S. Democracy

Along with more than two million others, I subscribe to a daily newsletter written by historian Heather Cox Richardson (https://heathercoxrichardson.substack.com/). Richardson meshes her deep knowledge of history with insightful and valuable …

Source: Op/Ed

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