Senate draft bill budgets $324M for CDFI Fund

Among its homeownership benefits, the legislation also includes provisions related to brokered deposits, bank examinations, de novo bank formation and a mentor-protégé program pairing large financial institutions with smaller depository institutions.

Oil prices have largely returned to early-2026 levels. In contrast, the implied yield on the Fed Funds Futures December 2026 contract is up 80 basis points from a year ago, suggesting a broader range of risks and uncertainty...

The FDIC entered into an agreement with Kentland Bank of Kentland, Indiana, to purchase substantially all assets and assume all deposits of Kentland Federal Savings and Loan Association, which was the smallest standalone bank in the U.S., with...

Roughly half of U.S. adults say money was rarely or never discussed at home while growing up, although younger parents report more willingness to teach their children +financial skills, according to a new survey by U.S. Bank.

Concerns about job security are growing among U.S. consumers who are already stressed about rising prices, which is affecting spending habits, according to a new survey by J.D. Power.

Supported by Fed staff, the task forces “will operate independently, with a mandate to follow the evidence, provide candid feedback, and produce rigorous findings for the Federal Open Market Committee."