United States Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, released the following statement ahead of President Donald Trump's swearing in Kevin Warsh as Chair of the Federal Reserve:. Having proven himself to be Donald Trump's sock puppet, I worry Mr. Warsh will prioritize the President's political…
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The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs:. Today, Senator Tim Scott, Chairman of the Senate Banking Committee, released the following statement after the Senate voted to confirm Kevin Warsh to serve as Chair of the Federal Reserve Board of Governors:. "President Trump made an excellent choice in…
For the eighth year in a row, Centene is the highest ranked Missouri- based business at No. 19— up four spots from last year's list. Centene is among three Missouri businesses on the list that have female CEOs followed by Edward Jones at No. 249 and Graybar electric at No. 342.. The second highest ranked Missouri company is the Reinsurance Group of America at No. 193. The…
Blue Cross Blue Shield of North Carolina, the state's largest private health insurer reported it lost $497 million last year. The 4.3 million BCBS customers in North Carolina, about one-third of the state's population, know what this means: their health insurance premiums will increase. Tunde Sotunde, CEO of BCBS, addressed the loss and spoke to the current state…
When you go to the pharmacy, you might be offered a coupon on your prescription drugs. Even as prescription drug costs rise, patients with commercial insurance slowed their use of manufacturer-sponsored drug coupons in recent years, according to a study the Journal of the American Medical Association published April 6. These are not the same as discount card…
Iowa has a caregiver crisis that is escalating even faster than its population is graying: Cases of dependent adult abuse, increasing for decades, have skyrocketed in the last five years, with a growing number of people found by the state to be abusive and charged criminally. The findings, documented in statistics Watchdog obtained under Iowa's open records law,…
HARRISBURG– 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 Samuelson, chair of the House Finance Committee and a co-prime sponsor of the bill, said that many small businesses cannot afford to provide group…
INDIANAPOLIS— Indiana hospitals are reporting a double-digit increase in the percentage of emergency department visits since the start of 2025– a rate that is expected to climb as more Hoosiers go without health insurance or opt for high-deductible plans to offset surging premiums. Another 400,000 Hoosiers are no longer covered by Medicaid since the…
Indiana hospitals are reporting a double-digit increase in the percentage of emergency department visits since the start of 2025— a rate that is expected to climb as more Hoosiers go without health insurance or opt for high-deductible plans to offset surging premiums. Another 400,000 Hoosiers are no longer covered by Medicaid since the Indiana Family and…
Democratic lawmakers are pledging to introduce a package of bills to address New Jersey's youth mental health system, which parents say is hard to navigate and can leave kids waiting months if not years for proper treatment. Joe Vitale, the legislation is being drafted to address the findings of a report released Thursday by the New Jersey Health Care Quality…
Indiana hospitals are reporting a double-digit increase in the percentage of emergency department visits since the start of 2025- a rate that is expected to climb as more Hoosiers go without health insurance or opt for high-deductible plans to offset surging premiums. Another 400,000 Hoosiers are no longer covered by Medicaid since the Indiana Family and…
State Health Plan provider network plan could lower NC costs for some members, raise them for others
RALEIGH, N.C.— The cost of healthcare for more than 750,000 North Carolina state employees, teachers and retirees could soon depend on which doctor or hospital they choose. The State Health Plan Board of Trustees moved a step closer Friday to adopting a new three-tier provider system that would reward members who use certain healthcare providers with lower…
The following information was released by the Insurance Information Institute:. Claims closed without payment occur for many legitimate reasons and should not be confused with an insurer's obligation to pay covered losses. Insurance claims may be closed without payment for a variety of legitimate reasons, including when damages fall below a policy's…
Ryan Young- Sean Higgins- 06/05/2026. The Federal Reserve will likely resist an interest rate cut at their next meeting in its continued mission to stamp out inflation. "Friday's Labor Department report that the economy gained 172,000 jobs in May, well above analysts' expectations, suggests the economy is beginning to gain steam again thanks to attempts to wind…
The following information was released by the Progressive Policy Institute:. WASHINGTON This week, the Progressive Policy Institute filed an amicus brief in the case Linney's Pizza, LLC v. Board of Governors of the Federal Reserve System at the U.S. Court of Appeals for the Sixth Circuit.
"Once again, Connecticut families, workers, retirees, and small businesses are being asked to absorb another round of staggering double-digit health insurance premium increases," Hwang said. "For more than a decade, Connecticut residents have faced annual rate hikes that consistently add to our healthcare affordability crisis. "Every year I have raised…
The following information was released by Georgia Senator Reverend Raphael Warnock:. The amendment was blocked on a party-line vote 52-46 with all "no" votes coming from Senate Republicans. The Senator's effort to release data surrounding Medicaid coverage loss was blocked by Senate Republicans 52-46..
The U.S. stock market had its worst day since October Friday as a sell-off in big technology companies weighed down the broader market and a strong jobs report boosted expectations that the Federal Reserve will be forced to hike interest rates at some point this year. The S&P 500 sank 2.6%, its biggest one-day drop since October 10, when the Trump administration…
By DAMIAN J. TROISE and ALEX VEIGA. Bond yields surged as a strong jobs report boosted expectations that the Federal Reserve will be forced to hike interest rates at some point this year. The Nasdaq composite fell 4.2%. Nvidia and Broadcom were among the heaviest weights on the market.
