Attorney General Charity Clark joined a coalition of 17 attorneys general today in sending letters to the Office of the Comptroller of the Currency and the Federal Reserve Board, urging the agencies to deny Opportunity Financials' application to acquire and merge with BNC National Bank, which would grant OppFi a national bank charter and enable the company…

In towns across Idaho, community banks aren’ t just financial institutions; they are the backbone of local economies. But today, an unintended policy loophole in Washington threatens to undermine that entire system. According to analysis from the Federal Reserve Bank of Kansas City, for every $1 that shifts from a bank deposit into a stablecoin, bank lending…

Banco Santander announced Tuesday that its $12.2 billion acquisition of Stamford-based Webster Bank had been approved by the Federal Reserve, putting it on the verge of completing the deal. The authorization of the transaction by the Federal Reserve System's Board of Governors follows approvals by the Connecticut Department of Banking and federal…

Prior to the bill signings, Illinois was one of only two states, with Wyoming, that did not exercise regulatory control over insurance rates. The new laws come a little more than a year after Illinois- based State Farm announced it was raising homeowners insurance rates by an average of 27.2% statewide. In addition, State Farm recently noted that auto insurance…

California Attorney General Rob Bonta today joined a coalition of 17 attorneys general in sending letters to the Office of the Comptroller of the Currency and the Federal Reserve Board, urging the agencies to deny Opportunity Financial's application to acquire and merge with BNC National Bank, which would grant OppFi a national bank charter and aid its…

Now, a series of Trump Administration actions will worsen these harms if not reconsidered and rolled back. Taken together, recent policies from the Centers for Medicare and Medicaid Services on the Medicaid work requirement and approaches that states use to finance their Medicaid programs, pay their providers, and innovate in their programs will diminish…

The following information was released by the Center on Budget& Policy Priorities:. The $900 billion in Medicaid cuts in the harmful 2025 Republican reconciliation law will take away health coverage and raise costs for millions of families. Roughly 7.5 million people could lose Medicaid and become uninsured by 2034 due to the law, according to the…