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SEN. POORE EXPANDS COVERAGE FOR MENOPAUSE AND PERIMENOPAUSE CARE

9 hours ago

The following information was released by Delaware Senate Democrats:. Kamela Smithseeks to expand access for comprehensive menopause and perimenopause care across the state. Nicole Poore, prime sponsor of the bill.

PA HOUSE FINANCE COMMITTEE ADDRESSES HEALTHCARE ACCESS AND AFFORDABILITY FOR WORKING PENNSYLVANIANS

9 hours ago

The following information was released by Pennsylvania House of Representatives, Democratic Caucus:. Today, the PA House Finance Committee held a public hearing on legislation that would establish a new tax credit for small businesses that contribute to their employees' health insurance premiums. Steve Samuleson, chair of the House Finance Committee and a…

Experts warn that regional Fed independence is vital to fighting inflation

9 hours ago

The Federal Reserve Bank of Cleveland virtually gathered three experts together this week to discuss why independence from political interference with the Fed banking system is essential to setting policies that will fight inflation over the long term.

New Fed Chair Has Chance to Right-Size 'Disaster' of Bloated Staff

9 hours ago

The Bank of England announced layoffs in March 2026 from a base of 5,700. Germany's Bundesbank reports a core staff of 10,333. The Reserve Bank of India has a staff of 13,520, according to the Economic Times, a business newspaper that focuses on India. President Trump and the Treasury secretary, Scott Bessent, have been speaking about the issue.

WARNER, KENNEDY INTRODUCE BIPARTISAN LEGISLATION TO MODERNIZE FEDERAL RESERVE DISCOUNT WINDOW

9 hours ago

Mark R. Warner and John Kennedy, members of the Senate Committee on Banking, Housing, and Urban Affairs, introduced theDiscount Window Preparedness Act of 2026, legislation to improve the effectiveness of the Federal Reserve discount window, a liquiditytool that provides short-term loans to depository institutions, such as commercial and community banks…

SENATOR BLUNT ROCHESTER PRESSES FEDERAL RESERVE FOR ANSWERS ON KRAKEN PAYMENT ACCOUNT PILOT

9 hours ago

Senator Lisa Blunt Rochester, a member of the Senate Banking, Housing, and Urban Affairs Committee, today sent a letter to the Federal Reserve Board of Governors requesting information regarding the recent decision to grant a limited-purpose Federal Reserve master account to Kraken Financial, a Wyoming-chartered Special Purpose Depository Institution…

Paterson district sues its health consultants for $5M

10 hours ago

PATERSON— The Board of Education has approved a confidential settlement to end a lawsuit in which the district claimed $5 million in damages against various health benefits consultants in a scandal from seven years ago. The lawsuit stemmed from a school board decision in 2018 to leave the state's employee health benefits plan and switch to a medical…

Passaic County's tax hike blamed on health insurance cost jump

10 hours ago

Passaic County taxpayers are getting another increase. The county adopted a $496.3 million 2026 budget on May 12, raising the county tax levy for the third straight year, with health insurance costs accounting for nearly the entire increase. The budget calls for $383.8 million to be raised through the county purpose tax, up from $360.8 million in 2025.

How Economic Reforms Muted Middle East Pressures, Energy Price Surge in Nigeria – CBN

10 hours ago

He said inflation rose marginally for two consecutive months, largely induced by external shocks, especially the ongoing war between the US/ Israel and Iran, which has exerted upward pressure on energy prices and transportation costs.. The Governor of the Central Bank of Nigeria, Olayemi Cardoso, said the impact of the United States/ Israel and Iran conflict on…

A quintessential legislator, and a trailblazer

11 hours ago

Barney Frank— a decades-long fixture in Massachusetts Democratic politics, a veteran US House member, a pioneering gay-rights advocate, and a leading figure in the battle to recover from the 2008 Great Recession— died Tuesday evening in his Ogunquit, Maine, home of complications from congestive heart failure. Unlike major Bay State political figures such as…

Liberal lawmaker pushed consumer protections, progressive policies

13 hours ago

Barney Frank, one of the first openly gay members of Congress and the progressive Democratic namesake of the Dodd-Frank Act, died on May 19, according to media reports. Frank represented Massachusetts in the U.S. House of Representatives from 1981 to 2013. "In the aftermath of the worst economic crisis since the Great Depression, Barney Frank was the…

Young buyers ask, ‘when will 5% mortgages return?’

14 hours ago

Looking at Freddie Mac’ s rate archives, interest rates in 2026 decreased for four straight weeks until the U.S. and Israel attacked Iran at the end of February. Now, with the interest ratequarterback Federal Reserve Board chairman Jerome Powell about to step down, experts are reviewing his eight-year scorecard. An inescapable part of Powell’ s legacy will be the…

California FAIR Plan rates going up 29.1% in late 2026

17 hours ago

The insurer— which is backed by six standard insurance companies for wildfire damage only— first sought a 35.8% hike to keep it from slipping into financial trouble, Michael Soller, spokesman for the state "s Department of Insurance, said Wednesday, May 20 via email. As of year-end 2025, about four in five of the plan’ s more than 668,600 homeowner policies in…

Providence to end most health insurance plans, forcing hundreds of thousands in Oregon to switch

19 hours ago

Providence Health& Services plans to exit most of its Oregon health insurance business next year, citing rising costs, tougher regulation and intensifying competition from national insurers— a move that will force tens of thousands of Oregonians to find new coverage. Leaders of the Renton, Washington- based health system announced the decision Wednesday,…

Donegal Group (NASDAQ:DGICA) Major Shareholder Mutual Insurance Co Donegal Buys 8,328 Shares

19 hours ago

Donegal Group, Inc. (NASDAQ:DGICA – Get Free Report) major shareholder Mutual Insurance Co Donegal acquired 8,328 shares of Donegal Group stock in a transaction dated Tuesday, May 19th. The stock was purchased at an average price of $17.48 per share, with a total value of $145,573.44. Following the completion of the purchase, the insider directly…

Donegal Group (NASDAQ:DGICA) Major Shareholder Mutual Insurance Co Donegal Acquires 8,500 Shares

19 hours ago

Donegal Group, Inc. (NASDAQ:DGICA – Get Free Report) major shareholder Mutual Insurance Co Donegal bought 8,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average price of $17.43 per share, with a total value of $148,155.00. Following the completion of the transaction, the…

Trump heading for a brutal humiliation on Wall Street: Nobel economist

19 hours ago

President Donald Trump spent months angrily berating U.S. Federal Reserve Chairman Jerome Powell for not lowering interest rates as much as he would like, and the Trump-era U.S. Department of Justice (DOJ) even targeted Powell for a federal investigation. Financier Kevin Warsh, Trump’s nominee to replace the outgoing Powell, is scheduled to be sworn in…

Trump Orders Federal Reserve Review Of Crypto Access To US Payment Rails

19 hours ago

The directive requires U.S. financial regulators to evaluate barriers restricting crypto and fintech firms from direct participation in central payment infrastructure.

Flemington-Raritan Seeking Assistance From State Regarding Rising Health Insurance Costs

19 hours ago

FLEMINGTON, NJ– The Flemington-Raritan Board of Education adopted a resolution May 13 calling on Gov. Mikie Sherrill and the state legislature to provide relief from rising health insurance costs that the district says are straining its budget and driving up local property taxes. The resolution also cites a mid-year analysis released by the state…

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