Senior housing wealth reaches record level in first quarter

Key insight: The Federal Reserve proposal would set a higher threshold for supervisors looking to cite banks for their Bank Secrecy Act/anti-money laundering deficiencies. Failures must be “significant or systemic” for an enforcement action to be taken. Expert quote: “I am concerned that the ‘significant or systemic’ standard may have unknown effects on the Board’s…

Despite a booming stock market and improving inflation numbers, the public is as depressed about the economy as it has been since the years just after the pandemic and increasingly concerned about the cost of everyday goods, according to the latest CNBC All-America Economic Survey. The result: continued deeply negative approval numbers for President Donald…

After months of congressional gridlock, political jockeying, gradual progress and hard compromises, the 21st Century ROAD to Housing Act is officially law. The mammoth bipartisan package, which broadly seeks to modernize federal housing programs, improve affordability and increase housing supply, passed in the House of Representatives in late June by a 358-32 margin and in…

Community land trusts are on the move, claiming an NYPD parking lot for affordable housing in the East Village. Cooper Square Committee, Housing Works and Spatial Equity will work with This Land is Ours Community Land Trust to build 131 affordable units, plus a senior center and community space on the site of an NYPD…

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. May 22, 2026 Kevin Warsh takes oath of office as chairman and a member of the Board of Governors of the Federal Reserve System, and the Federal Open Market Committee…