The Federal Reserve Bank of New York announced that Michael J. Gilfeather, president and chief executive officer of Orange Bank and Trust Company, has been elected as a Class A Director representing Group 2, which consists of banks with capital and surplus greater than $40 million and less than $2 billion. Orange Bank and Trust Company is an independent…
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Today, the U.S. House of Representatives took an important bipartisan step toward extending the Affordable Care Act's Enhanced Premium Tax Credits, which expired at the end of 2025, advancing legislation that would prevent steep health insurance premium increases for families in Colorado and across the country. In a statement, Governor Polis applauded…
GOP Senate candidate Mike Rogers and every single Michigan Republican in Congress have opposed extending these subsidiesa decision that caused health insurance premiums to more than double on average and "disrupt health care access for approximately half a million Michigan residents." "I applaud House Democrats and Michigan's Democratic delegation in…
WASHINGTON- As the Republican attack on our health care system continues, U.S. Representative Jan Schakowsky and U.S. Senators Sheldon Whitehouse and Elissa Slotkin introduced the Affordable Consumer Health Options and Insurance Competition Enhancement Act to add a publicly operated health insurance option to the Affordable Care Act's individual…
The Federal Reserve Bank of New York announced that Caryn Seidman Becker, chairman and chief executive officer of CLEAR, has been elected as a Class B Director. Seidman Becker was elected by member banks in Group 2, which consists of banks with capital and surplus greater than $40 million and less than $2 billion. Since 2022, Seidman Becker has served as a…
Congressman Tom Barrett today voted no on H.R. 1834, a bill that would extend COVID-era subsidies for big insurance companies who are raking in record profits while continuing to hike rates and deny record levels of claims. Instead of writing blank checks to insurance companies, Barrett is continuing tostand up for mid- Michigan families by fighting for…
Today, Congressman Joe Morelle voted to pass legislation in the House of Representatives to make healthcare more accessible for millions of Americans. After letting the credits expire and inflicting pain on millions of Americans, I'm proud to say House Democrats have done the right thing and passed this critical extension out of the House of…
Today, U.S. Representative Emilia Sykes helped the House of Representatives pass legislation to restore and extend the Affordable Care Act's premium tax credits for three years, providing long-overdue relief to millions of Americans and tens of thousands of families in Ohio's 13th Congressional District who saw their health insurance costs rise after…
Congresswoman Kristen McDonald Rivet released the following statement after the U.S. House of Representatives passed a three-year renewal of the Affordable Care Act enhanced premium tax credits. "For more than a year, Congress has ignored the cost crisis that's been forcing families in mid- Michigan to choose between getting health insurance or paying the…
Congressman Scott Fitzgerald's Keeping Violent Offenders Off Our Streets Act, legislation aimed at combating radical bail policies by subjecting bail bonds to insurance fraud laws, passed the House Judiciary Committee today. "Public safety must come first, and our bail system should never be exploited by left-wing groups that help put dangerous criminals…
BOSTON- The state plans to pump an additional $250 million into heavily subsidized insurance offered through the Massachusetts Health Connector, in an attempt to staunch skyrocketing costs for middle-class Bay Staters, Gov. "This continued commitment means hundreds of thousands of Massachusetts residents can continue to afford coverage that's there for…
ST. LOUIS— City officials are scrambling after another surprise from the bill that returned city cops to state control— and one that could cost taxpayers tens of millions of dollars. Mayor Cara Spencer, who sits on the new police board, cast it as yet another consequence of a law written by a few Jefferson City lawmakers and lobbyists that city officials ultimately…
President Donald Trump said he had made up his mind on who he would nominate to be the next chair of the Federal Reserve, but stopped short of disclosing his pick during a wide-ranging interview with The New York Times. When asked specifically about Kevin A. Hassett, his top economic adviser, Trump said, "I don't want to say," but described him as "certainly one of the…
Though, Sorensen said, Congress must find a way to avoid another government shutdown like the one in October. "We need to make sure that we never shut down the government," Sorensen said in response to a question about whether Democrats were gearing up for another shutdown fight. " Mariannette Miller-Meeks, a Republican representing southeast Iowa, has led a GOP…
In recent months, Idaho lawmakers and state leaders have expressed angst over a projected state budget deficit of hundreds of millions of dollars. During a sometimes-tense discussion Thursday, Idaho Gov. A panel of Idaho lawmakers in December recommended that the Legislature repeal the state’ s voter-enacted Medicaid expansion program, which provides…
The family-owned pharmacy’ s flagship location at 1079 Franklin St. is located less than 600 feet from the manor, where more than half of the 70 residents have Medicare coverage through UPMC. But for the residents of the manor with Medicare coverage through UPMC, as well as hundreds more people– including her parents– living across the Johnstown region, the…
Maura Healey said Thursday that she's tapping a special state trust fund to help about 270,000 residents whose health care costs are soaring because Congress failed to renew a chunk of federal subsidies before they expired on Dec. 31. For example, a 45- year-old couple with two children in Fall River, earning $75,000 a year, will pay $206 a month for coverage,…
Lincoln Financial announced today that it will report its results for the fourth quarter and full year ended December 31, 2025, at 6:00 a.m. Eastern Time on Thursday, February 12, 2026. As of September 30, 2025, the company had $347 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, PA., Lincoln Financial is the marketing name…
The Depository Trust& Clearing Corporation, the premier post-trade market infrastructure for the global financial services industry, announced it has received approval from the U.S. Securities and Exchange Commission to offer the ACS Triparty Service within its existing Fixed Income Clearing Corporation's Agent Clearing Service offering.
