July 24, 2025

government

Funds

Local station KCLU to fundraise for loss of federal funds

Senate passes bill to cut funding to public broadcasting The bill to cut more than $9 billion from public broadcasting, foreign aid and more will move on for a final House vote, then to the president. The rescission bill passed by Congress ends funding for the Corporation for Public Broadcasting, including NPR and affiliates. KCLU

Read More
Finance

Former Ojai finance director files $1 million claim against city

Watch weeks-old peregrine falcon chicks at the Ojai Raptor Center Peregrine falcon eggs were transferred to the Ojai Raptor Center in May 2025. Watch what happens next. Pamela Greer, former Ojai finance director, filed a 22-page claim July 15. She said the real reason for her March 3 firing was her exposure of internal improprieties.

Read More
Funds

Federal funds on hold affect most vulnerable students

SCOTUS backs Trump plan to fire Education Dept. workers A divided Supreme Court backed Trump’s plan to dismantle the Education Dept. and fire hundreds of federal workers, despite a judge’s earlier pause. Southwest Ohio districts didn’t receive at least hundreds of thousands of anticipated federal funds. President Donald Trump’s Department of Education froze the funds,

Read More
Loans

Senator Markey criticizes Trump’s SBA for curtailing immigrant access to business loans

US Senator Ed Markey this week sent a letter to the US Small Business Administration’s top executive, accusing the agency of playing politics and hampering immigrant access to its loans. Markey, the ranking member of the Senate committee on small business, sent the letter to Administrator Kelly Loeffler; it was cosigned by his counterpart in

Read More
Funds

25 states, and Delaware, sue Trump over frozen $6.8 billion to schools

Trump’s admin freezes $6.8 billion in education grants for schools The Trump administration has moved to freeze $6.8 billion in education funds nationwide, with at least $811 million of that from California. unbranded – Newsworthy Delaware has joined another lawsuit against the Trump administration over education issues. This time, on July 14, Attorney General Kathy

Read More
Crypto

Bitcoin hits record $123K as lawmakers back crypto legislation push

Bitcoin at all-time high as lawmakers focus on pro-crypto legislation President Donald Trump, once a crypto skeptic, has become a major promoter of the industry. Scripps News Bitcoin leapt past $120,000 for the first time on Monday, marking another milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry this week, which

Read More
Funds

Trump freeze puts $6M in school funds at risk in the Coachella Valley

The federal funding freeze could cost the Coachella Valley’s K-12 school districts at least $6 million, forcing districts to dip into reserves and rethink staffing. How are schools funded in California? Here’s what you need to know An overview of the funding sources for K-12 schools in California, including the Local Control Funding Formula, local

Read More
Banking

Govt, RBI weigh options on NBFC entry into banking – Banking & Finance News

The government and the Reserve Bank of India are looking at the entry of new banks and merge some of the existing public sector banks to create a financial system that can encourage risk-taking ability to support the pace of growth in a country that is slated to be the third largest economy by 2027-28.

Read More
Funds

Federal after-school program funds frozen in Cottonwood, Anderson

Senators grill Education Secretary Linda McMahon over proposed cuts Education Secretary Linda McMahon testified to Congress over proposed budget cuts. Two Shasta County high schools re-examine after-school programs in wake of federal funding freeze The freeze affects roughly $339,000 allocated for high schools in Cottonwood and Anderson Students at two Shasta County high schools may

Read More
Funds

Plan to use Ohio unclaimed funds on Browns stadium hit with lawsuit

See how to find out if you have unclaimed funds in Ohio Ohio’s new budget gives the state control of $1.7 billion in unclaimed funds. Here’s how to check if your money is in that pool. A lawsuit challenges the constitutionality of using Ohioans’ unclaimed funds to finance a new Cleveland Browns stadium. The lawsuit

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline