International -Sathish Raman Donald Trump has nominated Michelle Bowman to lead the Federal Reserve's financial regulatory efforts. This decision could potentially ease regulations for major banks. Bowman, who joined the Fed's governing board in …
Read Full Article Shares of financial services company Block Inc (XYZ) soared over 6% on Friday after the Federal Deposit Insurance Corporation approved the company’s industrial bank, Square Financial Services, Inc. (SFS), to begin offering the consumer …
Summary: Truist is a financial services company established as a result of the BB&T Bank and SunTrust Bank merger. Truist offers financial products and services for personal, small business, commercial, corporate, and institutional clients. It operates …
Federal Reserve Gov. Michelle Bowman.Federal Reserve The Federal Reserve's most vocal opponent to Biden-era regulatory reforms is now poised to set the agency's oversight agenda. President Donald Trump announced in a Truth Social post on Monday …
Many major bank failures in history have occurred during times of economic decline. The U.S. government has created laws to protect banking customers better when banks fail. In 2025, only one bank failure has occurred so far. When a bank can't manage …
US-based technology company Block’s subsidiary Square Financial Services (SFS) has received approval from the Federal Deposit Insurance Corporation (FDIC) to offer Cash App Borrow loans. This approval marks a step in providing consumers with accessible …
A Georgia businessman will be sentenced in federal court now that he has entered a guilty plea in connection to fraud committed against the U.S. Department of Veterans Affairs. Spencer Askew, the founder and former CEO of E-Freight Solutions Worldwide, LLC …
For years, big banks and the financial industry have fought against the Consumer Financial Protection Bureau, arguing that its regulations were too aggressive. But now that the Trump administration is actively trying to dismantle the agency, banks have …
As Goodwin predicted in our previous year in review, the enforcement and regulatory activity in the consumer finance space was frenzied in 2024, reaching a fever pitch postelection. From January 1, 2024, through the inauguration of President Trump on …
Major Developments U.S. Senate BPI Proposes 4 Key Considerations to Advance AI in Banking March 14, 2025 The Bank Policy Institute sent a response to a request for information from the White House Office of Science and Technology Policy, which is …
The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including pay by bank and immediate payroll deposits. They can foster strong relationships with commercial …
Dive Brief: Dive Insight: The deal approvals may reflect the Trump administration’s pro-business approach, as Trump’s return to the White House has been widely expected to spur a wide-scale easing of regulation and result in more M&A. But on-again, off …
By David French, Tatiana Bautzer and Pete Schroeder (Reuters) - Big banks are holding off on acquisitions and staying cautious about the Trump administration's pledges to unleash dealmaking, according to industry executives. Treasury Secretary Scott …
Money market accounts (MMAs) can be a great place to store your cash if you're looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also …
The Federal Reserve cut the federal funds rate three times in 2024, which means deposit account rates are also on the decline. It's more important than ever to ensure you're earning the highest rate possible on your savings, and a high-yield …
The Federal Deposit Insurance Corporation (“FDIC”) is requesting1 public comment on its proposal to rescind its 2024 Statement of Policy on Bank Merger Transactions2 (“2024 Policy Statement”) and reinstate its prior Statement of Policy on Bank Merger …
Small business experts are bubbling with trends and opportunities they see on the horizon for 2025 — from society’s increasing interest in entrepreneurship to AI revolutionizing customer service and operational efficiency. A Forbes article outlined …
A KeyBank location in Cheshire and two TD Bank branches in North Branford and Torrington, are slated to close, according to notices filed with the Office of the Comptroller of the Currency. The KeyBank branch at 1157 Highland Ave. will close June 6, …
Some bank accounts, like savings accounts and certificates of deposit (CDs), are designed for long-term savings. Generally, when you put money into these accounts, you intend to leave it there for a period of time — a month, a year, or more. But where …
“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. …
INDIANA, Pa., March 18, 2025 (GLOBE NEWSWIRE) -- First Commonwealth Financial Corporation (NYSE: FCF) (“First Commonwealth”) today announced that it has received all regulatory approvals required to complete the previously announced merger of CenterGroup …
LOS ANGELES, March 18, 2025 (GLOBE NEWSWIRE) -- Preferred Bank (NASDAQ: PFBC), (“the Bank”), an independent commercial bank, today announced that the Bank has received regulatory approval to continue its shareholder-approved $150 million stock Repurchase …
Federal Judge Orders 18 Federal Agencies to Give Employees Their Jobs Back By Monday MADISON, Wis. – Attorney General Josh Kaul issued the following statement after a federal judge in the United States District Court for Maryland on Thursday issued a …
Press Releases 03/14/2025 Attorney General Tong Wins Temporary Block on Mass Firings of Federal Probationary Employees and Gets Fired Employees Their Jobs Back Federal Judge Orders 18 Federal Agencies to Give Employees Their Jobs Back by Monday ( …
An indictment was unsealed today charging five former principals of Theia Group Inc., a Washington, D.C.-based aerospace start-up company, with conspiracy and fraud. According to the indictment, Erlend Olson, John Gallagher, Stephen Buscher, Joseph …
The Department of Trade, Industry and Competition (the dtic), in collaboration with the Council for Scientific and Industrial Research (CSIR) and the Eastern Cape Provincial Arts and Culture Council (ECPACC), will offer a Basic Sewing Training Programme …
HOUSTON, March 18, 2025 (GLOBE NEWSWIRE) -- Today American National Insurance Company announced it is now offering fixed annuity products through a simple, secure online platform in addition to its extensive network of professional agents and advisors. …
ANCHORAGE, Alaska and RENTON, Wash., March 14, 2025 (GLOBE NEWSWIRE) -- Global Federal Credit Union (“Global”) and First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), …
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U.S. Air Force veteran Lavelle Jones exposes barriers and offers solutions for Service-Disabled Veteran-Owned Businesses in his new book. DALLAS, TX, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- U.S. Air Force Veteran Exposes Systemic …
Residents hold a town hall without Rep. Andy Harris, featuring a “missing” milk carton in his place. Join us March 22 at Mace’s Lane Middle School. CAMBRIDGE, MD, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- Cambridge Indivisible Hosts “ …
Note: View the forfeiture complaint. The United States today filed a civil forfeiture complaint in the Southern District of Florida against a Dassault Falcon 900 EX aircraft, bearing tail number T7-ESPRT, which was smuggled from the United States under …
Two men were convicted today by a federal jury for their roles in a 2022 mass casualty alien smuggling event in San Antonio, Texas, that resulted in 53 deaths and 11 aliens injured. A third man allegedly involved in the same fatal smuggling incident was …
Thank you U.S. Attorney Leachman for the Western District of Texas, Craig Laraby, Special Agent in Charge of HSI’s San Antonio Field Office, and everyone for being here. My name is Matthew Galeotti, and I am the Acting Head of the Justice Department’s …
Attorney General Pamela Bondi released the following statement this evening regarding a spate of recent attacks on Tesla property: “The swarm of violent attacks on Tesla property is nothing short of domestic terrorism. The Department of Justice has already …
AUSTIN, TX, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- Actress Marie Wetherell is proving a career pivot can be the perfect catalyst for following your dreams. While attending the University of Idaho College of Law, Marie experienced a …
South Africa is facing international criticism on various fronts regarding its Black Economic Empowerment policies. This criticism is rooted in misinformation. JOHANNESBURG, GAUTENG, SOUTH AFRICA, March 18, 2025 /EINPresswire.com/ -- …
WASHINGTON—House Committee on Oversight and Government Reform Chairman James Comer (R-Ky.) and Rep. Anna Paulina Luna (R-Fla.), the chairwoman of the Task Force on the Declassification of Federal Secrets, today praised the Trump Administration for …
PHILADELPHIA, PA, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- The Department of Defense has announced the suspension of Project Labor Agreements on large-scale federal construction projects. This threatens to undermine workplace safety, …
TPMI enhances IVAS with AI-powered coordinated targeting, boosting battlefield efficiency and lethality for U.S. Army squads. ORLANDO , FL, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- Tipping Point Military Innovation (TPMI), a leader in …
John Meier was the Only Person to Call for a Congressional Hearing and Investigation Into the Death of Howard Hughes NEW YORK, NEW YORK, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- "Age of Secrets: The Conspiracy that Toppled …
Partners in PROMISE® urges policymakers to fix gaps in special education & healthcare for military kids with disabilities. NORFOLK, VA, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- Partners in PROMISE®, a leading advocate for military …
Student Teams Excel in Newsmatics Hackathon with Projects on Fake News Detection, Market Analysis and More WASHINGTON, DC, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- In an inspiring display of creativity and technical prowess, students from …
LONG BEACH, CA, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- On Tuesday, March 11, 2025, Kelsey Avery, Director of State Government Affairs at SCAN Group (SCAN), a not-for-profit healthcare organization that includes SCAN Health Plan, one …
Craig has passionately advocated for allergy awareness for over 15 years, aligning with MenuTrinfo’s commitment to transparency and excellence in foodservice. COLUMBIA, MD, UNITED STATES, March 18, 2025 /EINPresswire.com/ -- MenuTrinfo® CEO …
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 CORAL PROJECT SEEKS FEEDBACK FOR OʻAHU TRANSPLANTING SITES FOR IMMEDIATE RELEASE …
A Miami man pleaded guilty yesterday to conspiring with others to defraud the United States by concealing millions of dollars in assets and income in undisclosed Swiss bank accounts. According to court documents and statements made in court, between 1985 …
On Friday, March 14, 2025, Attorney General Pamela Bondi welcomed President Donald J. Trump to the Justice Department. Both President Trump and Attorney General Bondi delivered remarks, as did FBI Director Kash Patel and Deputy Attorney General Todd …
The Federal Task Force to Combat Antisemitism announced that the Justice Department filed a statement of interest in the Central District of California to advance the appropriate interpretation of federal laws that prohibit colleges and universities from …
“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. …
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 …
