Personal income increased 0.5% in March

The Treasury Department recognized the start of Financial Literacy Month in April by announcing that federal agencies will use the month to spotlight events, initiatives and public engagement opportunities designed to strengthen financial knowledge and financial security.

Lawmakers plan to advance a spending bill to fund most of DHS through Sept. 30, except for the agencies involved in immigration enforcement.

Advance estimates of U.S. retail and food services sales for February were $738.4 billion, up 0.6% from the previous month, and up 3.7% from February 2025, according to the U.S. Census Bureau.

The Treasury Department proposed a new rule to establish what factors it will consider when stablecoin issuers request to be subject to state regulation rather than federal regulation, as permitted under the Genius Act.

The Trump administration is asking a federal appeals court for permission to reduce the Consumer Financial Protection Bureau’s current workforce by more than half, according to a court filing.

The ABA Office of the Chief Economist believes the manufacturing sector remained on solid footing in Q1. Continued expansion may result in increased borrowing as firms look to boost production output resulting in stronger commercial and industrial loan demands.