Housing starts fall in January

Stronger retail sales could help support demand for consumer and consumer business loans. However, as consumers spend more on essentials driven by rising prices, this could negatively impact consumer loan performance.

The Senate voted 50-49 against ending debate on the Clarity Act. By failing to reach the 60-vote threshold needed for cloture, senators signaled their unwillingness to pass the legislation in its current form.

U Bancshares in Huntington, Kentucky, has agreed to buy Heritage Community Bank in Burlington, Kentucky.

The House passed by voice vote a revised version of legislation to officially end penny production and provide a framework for cash rounding when exact change cannot be provided.

The CDFI Fund announced awards for fiscal years 2025 and 2026 along with a reminder that it will monitor recipients for compliance with federal anti-discrimination laws.

Proposed language in the Clarity Act giving regulators a short time frame to decide whether to close the stablecoin payment-of-interest loophole is no safeguard against the deposit flight that would harm many community banks, ABA and a coalition...