Expanding access to credit is a laudable goal. Too many people can’t get a mortgage or an emergency loan at a reasonable rate because they can’t show a strong credit history. They may pay more for insurance or make large security deposits to obtain utilities or rent an apartment. Recently, …
Read More »Senate panel advances Biden Fed nominees to confirmation votes
The Senate Banking Committee has advanced President BidenJoe BidenUngar-Sargon: Working class hardest hit by inflation Nevada County plans to count all ballots by hand Biden announces military B aid to Ukraine: report MORE‘s four remaining Federal Reserve nominees after one pick withdrew under bipartisan opposition. Wednesday’s panel cleared the Fed …
Read More »Baltimore Penn Station overhaul would help speed up Amtrak trains in the Northeast
The Baltimore project is the first phase of a renovation of the rail hub and surrounding area, signaling a revitalization for an area long defined by wasteland, busy highways and weathered buildings. It is also expected to improve travel along the aging corridor, adding capacity to meet future demand as …
Read More »Tuition-free college movement gains momentum, despite Biden’s stalled plan
College Promise programs, as tuition-free initiatives are commonly referred to, enjoy broad support across the political spectrum. Forty-seven states and DC have at least one such program at the college, city, or state level. There are 33 statewide programs that cover tuition at community colleges or universities and higher education, …
Read More »Waive fertilizer dumping rights, corn growers demand
U.S. companies should give farmers a break by withdrawing anti-dumping duty claims on imported fertilizers, a corn growers’ group said Tuesday in a House hearing dominated by reports of rising costs of crop production. Farmer groups have generally called for higher price support in the upcoming 2023 farm bill, with …
Read More »The 1st public health insurance plan in the United States struggles to gain ground
With prospects for the U.S. adopting a single-payer “Medicare for All” program dim, proponents of health care reform have instead turned to a government-designed insurance plan that could compete with private insurance plans sold on health care exchanges. The idea behind this “public option” is that it could ultimately expand …
Read More »FWW: VP’s visit to Newark highlights need for additional funding
VP’s visit to Newark highlights need for additional funding The administration’s infrastructure agreement does not fully fund the necessary water solutions Today, Vice President Kamala Harris is in Newark to highlight the city’s response to a lead crisis that has impacted drinking water in New Jersey’s largest city. The visit …
Read More »County awards $10.6 million to DuPage Foundation to bring ‘lasting change’ through grant program
DuPage County has committed $10.6 million in federal pandemic assistance to establish a nonprofit grant program that will be operated by a Downers Grove-based foundation and will focus on addressing food insecurity and housing, mental health and substance abuse issues. County board members approved an agreement with the DuPage Foundation …
Read More »“The answer is not to abandon our streets”
Hello. It’s Friday. We’ll look at the strategies President Biden has outlined to help New York City address gun violence. We will also look at the continued fallout from the resignation of former Governor Andrew Cuomo. As President Biden might say, he and Mayor Eric Adams are simpatico. “Mayor Adams, …
Read More »Removal of subsidies: NLC warns that rising fuel prices will affect transport costs and food prices
The Nigerian Labor Congress has warned that the planned removal of fuel subsidies and subsequent increase in fuel prices will affect all aspects of life including transport, cost of food, clothing, housing and others. This was revealed by Mr. Ikechukwu Nwafor, Chairman of the NLC in Ebonyi, in an interview …
Read More »In the wake of Colleyville, Jewish groups renew efforts to double funding for federal security grants
(January 19, 2022 / JNS) Following the January 15 hostage crisis at a Texas synagogue, Jewish organizations in the United States have renewed their push for Congress to double funding for the nonprofit Security Grants Program (NSGP), ensuring that more targeted nonprofit institutions such as synagogues get federal funding. invest …
Read More »Agricultural subsidy reform in England aimed at returning the land to nature
Plans to restore land to nature nearly double the size of London over the next two decades will be presented by ministers on Thursday as they review England’s farm subsidies after Brexit. Applications will be open for the first 15 ‘landscape reclamation’ projects – the most ambitious installment of government …
Read More »Senate again denies funding for Mike Pence event in grant vote meeting
The Undergraduate Senate again refused to approve the Stanford College Republicans’ (SCR) request for funding to bring Mike Pence to campus in a meeting on Tuesday. The purpose of the meeting was to revisit standard grants, including SCRs, following concerns raised about the initial vote that was held in a …
Read More »The chips made in the USA, the plan, the auto crisis
As you shop for the holidays, you’ll notice more shortages than ever of high-tech items requiring microchips. It affects all economic sectors in one way or another. Chips were invented in the United States. But now only 12% is made here. 0% of the most sophisticated chips are made in …
Read More »“More expensive than the subsidy” – is FGN’s 5,000 N transport subsidy dead on arrival?
Zainab Ahmed, Minister of Finance, Budget and National Planning, said on Tuesday that the federal government would remove fuel subsidies by 2022 and replace them with a 5,000 naira subsidy for the poorest Nigerians. According to her, around tens of millions of Nigerians would benefit from the transport subsidy. In …
Read More »Adoption of Biden’s plan to tackle infrastructure crisis creates challenges and opportunities
US President Joe Biden delivers remarks on the passage of the bipartite agreement on infrastructure and … [+] rule that will allow passage of the Build Back Better Act under the gaze of U.S. Vice President Kamala Harris in the State Dining Room of the White House in Washington, DC …
Read More »DOD grants level 5 impact clearance to the Zscaler private access platform; Drew Schnabel quoted
A network access service developed by Zscaler (Nasdaq: ZS) has received provisional authorization to operate at impact level 5 from the Ministry of Defense, as confirmed by a publication of the DOD Cloud Computing Security Requirements Guide. The company said Thursday that the IL5 authorization allows the zero-trust Zscaler Private …
Read More »There’s no such thing as a free lunch, but Biden says a free community college?
Free Community College of President Joe Biden and Vice President Kamala Harris plan will increase costs for both students and taxpayers. Fortunately, the The Biden-Harris Promise free community college seems less likely to feature in the final version of the Rebuild Better Act, the $ 3.5 trillion tax and spending …
Read More »Nuclear supporters rally around tax credit as Congress grapples with Biden agenda
The Public Service Enterprise Group’s Hope Creek facility in New Jersey is one of many U.S. nuclear power plants to receive state-issued zero-emission credits as Congress considers federal tax incentives for existing nuclear power plants.Source: Public Service Enterprise Group Inc. The US nuclear power industry is pushing for a proposed …
Read More »Some road projects that were delayed to pay for I-35 expansion could get federal funds
The Capital Region Metropolitan Planning Organization is considering how to spend $ 15 million in federal grants for highway projects that have been delayed to help fund the planned expansion of I-35 through Travis County. CAMPO’s board of directors – a 22-member body made up mostly of Austin area mayors, …
Read More »Filipino groups demand that Duterte’s allies comply with investigation into pandemic funds
Philippine President Rodrigo Duterte during the change of command ceremonies of the Armed Forces of the Philippines (AFP) at Camp Aguinaldo in Quezon City, in the subway of Manila, Philippines on October 26, 2017. REUTERS / Dondi Tawatao MANILA, Oct. 4 (Reuters) – A group of 13 leading organizations urged …
Read More »Pinky Cole and PETA team up to fight for food justice
For immediate release:September 30, 2021 Contact:Moira Colley 202-483-7382 Atlanta – The fight against food desserts has never been so good! Monday, Slutty Vegan restaurateur Pinky cole will serve free vegan Buffalo Chicken and Bratwurst sandwiches at Charles L. Harper Memorial Park to launch the new PETA Campaign for food justice, …
Read More »NCUA plan would exempt public funds from subordinated debt rule | Journal of Credit Unions
Billions of funds earmarked for credit unions under the Treasury’s emergency capital investment program could be exempt from the National Credit Union Administration’s pending subordinated debt rule. Credit unions would prefer the option of using the ECIP money to meet their risk-based capital requirements, but this would not be possible …
Read More »Bill calls for abolition of PITC due to supply issues
Metro Manila (CNN Philippines, September 22) – A bill has been introduced in the House of Representatives to abolish the Philippine International Trading Corporation (PITC) amid supply issues that plague the agency. Under Bill 10221 tabled by Vice-President Rufus Rodriguez, the Ministry of Trade and Industry will take over the …
Read More »NIH USC Alzheimer Research Funding Rises to $ 92 Million in 2020
USC’s bench is deep and its focus is broad when it comes to Alzheimer’s disease research. In Paul thompsonlaboratory, the researchers question a vast treasure brain images and DNA from around the world to glean information that would otherwise be impossible to pin down. Judy Pa explores how exercise and …
Read More »Budget update: proposals face long ratings and criticism from business groups
Discussion of President Biden’s $ 3.5 trillion plan resumed this week after the Ways and Means Committee discussed the proposed changes September 13-15. with Toyota, Honda and Tesla on changes to electric vehicle subsidies. The budget continues to face strong resistance from Republicans as well as leading budget conservative Democrats. …
Read More »Come back to their senses? – Manila Bulletin
GOVERNANCE MATTERS Former vice-president Jejomar Binay A senior government official has been quoted in media as defending the Inter-Agency Task Force (IATF) decision to ease quarantine restrictions in Metro Manila despite the alarming increase in the number of daily cases of COVID-19. He said it was not for lack of …
Read More »“Everything is more difficult for small businesses”
Three Brothers Bakery under the waters of Hurricane Harvey in 2017. Janice Jucker, Three Brothers Bakery “When a disaster strikes, it takes three to four years for a small business to stabilize, and that’s when it’s all going to hit the fan. This is Janice Jucker, president and co-owner of …
Read More »UW considers federal relief funds to facilitate reorganization
Following drastic budget cuts and major restructuring plans, University of Wyoming administrators are hoping American Recovery Plan Act funds can be a lifeline for some programs. Administrators are confined to a list of demands they hope the legislature or Governor Mark Gordon will agree to fund with federal relief dollars. …
Read More »HAVEN Grant Helps Mississippi Fix Veteran’s Home
HATTIESBURG, Miss – (COMMERCIAL THREAD) – U.S. Army veteran Thomas McLeod recently received a $ 10,000 Veterans Housing Assistance Grant (HAVEN) to make repairs to his home in Petal, Mississippi, a suburb of Hattiesburg, Mississippi. The HAVEN grant was provided by BankPlus and the Federal Home Loan Bank of Dallas …
Read More »Electricity Subsidies to Pulp and Paper Mills to Continue Despite Increasing NB Power Debt
An effort to redress NB Power’s financial woes that is supposed to involve a review of “all options” will not include a review of the policy that requires the utility to subsidize electricity prices for six pulp mills. and New Brunswick papers, according to the Department of Natural Resources and …
Read More »CA high-speed train: Jim Costa and Alex Padilla hope to raise funds
US Senator Alex Padilla, D-Los Angeles, got a glimpse of the construction progress of the high-speed train project in California on Friday, accompanying Representative Jim Costa on a tour of the new viaduct that spans the San Joaquin River at the Fresno-Madera County line. Padilla, who was nominated to take …
Read More »Special Needs Assistance Program Helps North Texas Couple Make Home Repairs
GARLAND, Texas – (COMMERCIAL THREAD) – A $ 7,000 grant from the Special Needs Assistance Program (SNAP) of the Veritex Community Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) funded the replacement of a sewer line for an elderly couple from Garland, Texas. Tommy and Marylyn Wilkerson, …
Read More »How to get grants for your small business
The grants have helped many businesses affected by the pandemic. Between the federal government, state programs, and private organizations, small business owners have received billions of dollars in funding that they won’t need to repay. This aid could dry up as the country moves from relief to recovery. “I think …
Read More »Musk to tout Starlink’s progress as a cost, demand hurdles persist | Top news
By Hyunjoo Jin and Supantha Mukherjee (Reuters) – Don Joyce, a Nokia manager working from home in a remote cottage on a lake in Canada, recently ditched his extremely slow Internet phone line in favor of Starlink satellite broadband service, offered by Elon SpaceX Musk. Starlink, which cost him CA …
Read More »Advocacy for a permanent broadband subsidy
Dr Fallon Wilson When the pandemic forced schools, offices and healthcare providers to go online last March, it also put our country’s long-standing digital inequalities in the spotlight. Millions of low-income Americans did not have computers, high-speed home connections, or the digital skills to use them. Over a year later, …
Read More »As pandemic eases, businesses push Congress for another bailout
“We are still incredibly vulnerable,” said Sean Kennedy, executive vice president of public affairs for the National Restaurant Association. The lobbying effort is gaining traction, with Republicans signing bills to provide grants to restaurants and gyms even as the GOP balks at President Joe Biden’s multibillion-dollar infrastructure spending plans. Lawmakers …
Read More »‘Obamacare’ survives: US Supreme Court rejects big challenge
WASHINGTON – The Supreme Court, though increasingly conservative in its composition, on Thursday rejected the latest major Republican-led effort to remove the national healthcare law known as ‘Obamacare’, thus preserving insurance coverage for millions of Americans. The judges, by a 7-2 vote, left the entire Affordable Care Act intact by …
Read More »Europe and US approach plane subsidy pact under China’s shadow
The United States and Europe strike deal to end 17-year-old dispute over aircraft subsidies and tariffs, while seeking elusive consensus on how to tackle competition from China, said people familiar with the matter said Monday. A deal would remove the threat of a new trade war between the two sides …
Read More »Joint Statement on the World Bank Group – Partnership with Jordan [EN/AR] – Jordan
The Ministry of Planning and International Cooperation (MOPIC) and the World Bank Group (WBG) today issued a joint statement following the first visit of a high-level World Bank delegation to Jordan since the start of the COVID-19 pandemic: The Minister of Planning and International Cooperation, Nasser Shraideh, met the World …
Read More »SEC subpoena American Electric Power for House Bill 6 documents
More: Mike DeWine’s calendars reveal meetings with AEP leaders and AEP-backed black money group in the final weeks of DeWine’s 2018 gubernatorial campaign American Electric Power revealed yesterday that it received a subpoena from the United States Securities and Exchange Commission to search for documents related to House Bill 6, …
Read More »European banks in a much better position now than before the pandemic
LONDON – European banks are in better shape now than at the start of the pandemic for two reasons, a Goldman Sachs analyst told CNBC on Wednesday. “NPL ratios are going down year over year, so compared to a year ago the part of your book that isn’t working has …
Read More »Experts discuss reform of the capacity market in the United States and the need for a new ancillary services product
Strong points The increase in renewables will lower electricity prices Debates on the best ways to induce flexibility As wholesale electricity markets in the United States absorb more renewable energy resources, market design experts expect capacity prices to decline and there is debate within industry on whether there should be …
Read More »What Would It Take To Solve The Student Debt Crisis?
The possibility of a forgiveness of federal student loans is in the headlines. But experts say no single policy – not even clearing the list of millions of borrowers – addresses the root causes of the country’s $ 1.74 trillion student debt crisis. That debt has been fueled by decades …
Read More »Wanted: A Resilience Czar for the US Government
Everyone knows the “black swans” – extreme and one-off events that are impossible to predict. Think of the assassination of Archduke Franz Ferdinand that started World War I or the stock market crash of 1987, which set a record for one-day price cuts. But what about the risks that surround …
Read More »Chattanooga’s Largest Credit Union Launches Small Business Week with Grants for Emerging Businesses
Photo by Dave Flessner / Danielle Landrum of Locals Only Gifts and Goods talks about her experience winning an Idea Leap grant from the Tennessee Valley Federal Credit Union. As a retailer on the North Shore selling locally made items for giveaways, Danielle Landrum calls pandemic-filled 2020 “the year of …
Read More »Uber and Lyft have California playbook to fight proposed US rules on workers
Uber, Lyft, and other small-economy businesses face a new challenge from the Biden administration: using contract workers, but as they prepare to fight in Washington, they might turn to a lobbying manual. which helped them secure a decisive victory over California. regulators last year. US President Joe Biden campaigned on …
Read More »Stamford Clinic vaccinates beach goers at Cove Island Park
STAMFORD – Gone are the days of searching for a COVID vaccine in Stamford. Appointments at Stamford Health are readily available for larger parts of the week. The state has announced that mobile vaccination clinics run by the Federal Emergency Management Agency will be set up in the city. People …
Read More »The abstention volume continues its downward trend
The number of forbeared loans continues to decline, falling this week to 4.47%, down from last week’s total of 4.49% according to the Mortgage Bankers Association (MBA) latest survey on forbearance and call volume. Nationwide, the MBA estimates that 2.23 million Americans remain in some stage of abstention. By investor …
Read More »Northfield Realizes Gains by Reinvesting Companies | Southernminnbiz
Northfield town center businesses would benefit from a facade improvement grant from the Northfield Economic Development Authority (EDA). A press release says the Northfield EDA is pledging about $ 105,000 in grants, with the companies injecting an additional $ 260,000 in private investment. In downtown Northfield, 13 buildings will benefit …
Read More »May report: loan turnaround times and the need for speed
As we approach the turning point of the seasons between spring and summer, this issue of MReport take a look to another type of turn. Industry strives to meet unprecedented demand from up and coming home buyers out of the massive refi surge of the last year, how does the …
Read More »UAW denounces GM investment in Mexico
Members of the United Auto Workers march in the Labor Day Parade in Detroit, September 2, 2019. Photo AP / Paul Sancya DETROIT (AP) – An announcement by General Motors that it would invest more than $ 1 billion in a Mexican factory that will build electric vehicles has angered …
Read More »UAW Calls for Electric Vehicle Tax Incentives Overhaul to Require U.S. Assembly
United Auto Workers (UAW) vice president Terry Dittes addresses delegates at the “Special Collective Bargaining Agreement” in Detroit, Michigan, the United States, March 12, 2019. REUTERS / Rebecca Cook The United Auto Workers (UAW) union said on Friday it wanted an overhaul of tax incentives for electric vehicles (EVs) to …
Read More »Federal loan programs seek borrowers; ECB to encourage more bank mergers
Editor’s note: Morning Scan will not be published on Friday July 3, on Independence Day. Receive wide coverage … To play or not to play “More than two months after the announcement of the program, some bankers say they are always trying to decide whether to participateIn the Federal Reserve’s …
Read More »Hoophall Classic 2021 canceled due to COVID-19 pandemic, event could resume in 2022
The 2021 Spalding Hoophall Classic has been canceled due to the COVID-19 pandemic, according to event organizers. Greg Procino, vice president of the Naismith Memorial Basketball Hall of Fame, told MassLive that the factors opposing the event – which would have happened without the fans – simply piled up too …
Read More »Canopy Growth arranges $ 750 million loan, fueling acquisition speculation
A worker shakes cocoa beans in a machine during a visit to a Canopy Growth facility that produces cannabis derivatives in Smiths Falls, Ont., October 29, 2019. BLAIR GABLE / Reuters Canopy Growth Company . is borrowing US $ 750 million from private equity group King Street Capital Management LP, …
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