The White House: Fact Sheet Released on President Biden’s Executive Order on Ensuring Responsible Development of Digital Assets
Outlines First Whole-of-Government Strategy to Protect Consumers, Financial Stability, National Security, and Address Climate Risks Digital assets, including cryptocurrencies, have seen explosive growth in recent years, surpassing a $3 trillion market cap last November and up from $14 billion just five years prior. Surveys suggest that around 16 percent of adult Americans – approximately 40 million people…
EDA: $5 Million in CARES Act Recovery Assistance Invested to Support the Tourism Industry in Duluth, MN
Today, U.S. Secretary of Commerce Gina M. Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding a $5 million CARES Act Recovery Assistance grant to the city of Duluth, Minnesota, to reconstruct a section of a seawall along Lake Superior behind the Duluth Entertainment and Convention Center (DECC). This project will help revitalize…
EDA: $2.3 Million Invested in American Rescue Plan Funds to Equip Manufacturing Workforce Training Center in Laramie, WY
Award is Part of the Department of Commerce’s $300 million Coal Communities Commitment Today, U.S. Secretary of Commerce Gina M. Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $2.3 million grant to Laramie County Community College (LCCC) to purchase equipment for its new Advanced Manufacturing and Materials Center. This grant is funded…
EDA: $761,040 Invested to Support Infrastructure Improvements and Create Jobs in Henderson, NC
Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $761,040 grant to the county of Vance, North Carolina, to make critical infrastructure improvements needed to support business growth in the Henderson-Vance Industrial Park. This project will promote job creation through roadway and sewer upgrades necessary for business expansion. This EDA grant,…
ABA: New Consumer Polling Data on Major Bank Policy Issues Unveiled at 2022 ABA Washington Summit
U.S. consumers are happy with their bank, value overdraft protection and support cannabis banking, according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The survey found that 9 in 10 Americans with a bank account (89%) say they are “very satisfied” or “satisfied” with their primary bank and…
HUD: Rental Assistance Demonstration Conversion Transaction Closed with the Housing Authority of Kansas City, MO to Create Mixed-Income Community
Transaction is final part of seven-phase Paseo Gateway redevelopment process The U.S. Department of Housing and Urban Development’s Office of Multifamily Housing on February 25closed a Rental Assistance Demonstration (RAD) transaction with the Housing Authority of Kansas City, Missouri (HAKC) and Brinshore Development, to create 62 mixed-income homes at the new Sam Rodgers Place. Sam…
HUD: Over $2.4 Million Awarded to Fight Housing Discrimination Related to the Coronavirus Pandemic
Funds will support and promote fair housing nationwide The U.S. Department of Housing and Urban Development (HUD) announced today that it is providing $2,472,310 in American Rescue Plan (ARP) funding to help 11 HUD Fair Housing Initiatives Program (FHIP) agencies combat housing discrimination related to the COVID-19 pandemic. The funds, which are being awarded under…
Federal Reserve: Six New Members of the Community Advisory Council Announced
The Federal Reserve Board on Friday announced six new members of its Community Advisory Council (CAC). The CAC is composed of a diverse group of experts and representatives of consumer, workforce, and community development organizations and interests. CAC members provide information, advice, and recommendations to the Board on relevant policy matters and emerging issues of…
Census Bureau: Small Business Pulse Survey Phase 8 Weekly Data Released
The U.S. Census Bureau today released new data from Phase 8 of the Small Business Pulse Survey (SBPS), which measures the effect of changing business conditions during the coronavirus pandemic and other major events such as hurricanes on our nation’s small businesses. The SBPS complements existing Census Bureau data by providing detailed, near real-time information on the…