HBT to buy Tri-County Financial in Illinois
HBT Financial in Bloomington, Illinois, has agreed to buy Tri-County Financial Group in Mendota, Illinois.
Weekly Infobyte: Grain, Dairy Sectors Concern Ag Lenders
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FinCEN finalizes rule ending beneficial reporting for U.S. businesses
FinCEN has finalized a rule removing the requirement for U.S. companies and persons to report beneficial ownership information to the agency under the Corporate Transparency Act, the Treasury Department announced. The agency also will delete previously reported information...
NFIB: Small business optimism rose in July
The NFIB Small Business Optimism Index increased 2.4 points in July to 99.8, rising above its 52-year average of 98. The Uncertainty Index rose two points from June to 91.
ABA, BPI urge OCC to delay action on proposed stablecoin reporting forms
The OCC should propose new reporting forms for stablecoin issuers only after it has finalized regulatory requirements for those companies, and it should work with other regulators to ensure forms for all issuers are substantially similar across agencies,...
Treasury proposes guidance for employer-sponsored contributions to Trump Accounts
The Treasury Department proposed new rulemaking to establish guidance for employer-sponsored programs for contributions to Trump Accounts, including arrangements that allow employees to make pre-tax contributions to the accounts of dependents.
New York Fed: Household debt dipped to $18.8T in Q2
Total household debt decreased $13 billion, or 0.1%, to $18.8 trillion in the second quarter of the year, the Federal Reserve Bank of New York said in its Quarterly Report on Household Debt and Credit.
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