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For Utah de novo bank, second time appears to be a charm
Key insight: The organizers of a Utah de novo bank, Bank of St. George, say the regulatory approval process has been smooth. Travis Hill, chairman of the Federal Deposit Insurance Corp., has been trying to make it easier for new banks to open. Supporting data: Twenty-one groups have filed deposit-insurance applications since the start of…
Hartford, CT, Has a Significant Shortage of Homes for Middle-Income Earners
The dream of homeownership remains a significant challenge for many Americans, particularly as the supply of affordable homes struggles to keep pace with demand. Prospective buyers often face a daunting market where available properties are simply out of their financial reach. This growing disparity is highlighted in the May 2026 Housing Mismatch Report, a collaborative…
Megan Greene's CV and questionnaire for the Treasury Select Committee
Published for the Treasury Select Committee
CUSMA review leaves Canada in prolonged trade uncertainty
According to RBC Economics, approximately 90% of US imports from Canada have remained duty-free throughout the tariff dispute, largely owing to CUSMA’s protections. That backstop now operates, however, within a framework of annual negotiations, a structural shift with real consequences for business investment and, by extension, Canada’s housing and lending markets. The United States has…
Two US lawmakers disclosed SpaceX stock buys days after its record IPO
The network found no evidence that McClain knew of the Pentagon’s later moves to integrate xAI’s Grok models, or that she traded on nonpublic information, and she holds no committee seats overseeing defence or technology. She does sit on the Financial Services Committee, and Capitol Trades, which tracks congressional disclosures, lists her household with 1,443 trades over three years, more…
Trump Accounts launch with a 100% equity tilt and no glide path
The default is the State Street SPDR Portfolio S&P 500 ETF at a 0.02 percent expense ratio, CNBC reported, with four other options from BlackRock, Vanguard and State Street. Bank of New York Mellon manages the initial accounts, and families track balances through an app built with Robinhood. Return projections deserve a client-expectations caveat. TrumpAccounts.gov estimates a child who receives only the…