July 25, 2025

U.S.

Funds

Carolina lawmaker privately asks Trump aides to free Mercedes EV funds

Hannah Natanson and Jeff Stein  |  Washington Post U.S. Rep. Nancy Mace (R-South Carolina) privately asked the Trump administration last week to release funding for a Mercedes-Benz plant to convert to the production of electric vehicles, according to a letter obtained by The Washington Post. In a two-page letter to Energy Secretary Chris Wright, Mace

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Loans

Senate awaits ‘Big, Beautiful bill’ vote. How student loans may change

The winners and losers in the ‘big beautiful bill’ These are the potential winners and losers from the tax bill, which President Donald Trump has dubbed the ‘big beautiful bill’. Congress is closer than it’s been in a long time to massively reforming college financial aid. On June 10, GOP lawmakers in the U.S. Senate

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Loans

Proposed federal budget would limit access to student loans

June 28 (UPI) — The latest version of the Senate’s federal budget reconciliation bill would limit the availability of student loans for future borrowers by revising federal student loan programs and regulations. The budget bill that already has passed the House of Representatives and the Senate version would place a maximum amount on how much

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Crypto

The Senate’s new crypto regulation bill explained for investors

Dominic Basulto  |  The Motley Fool Brazen ‘wrench attacks’ are on the rise For crypto traders, online encryption doesn’t matter when someone takes you hostage to coerce you into revealing your password. On June 17, the U.S. Senate officially passed the Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act, which will create a

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Funds

Rutherford County Commission funds up to 9.75% public safety raises

The raises are part of the fiscal budget year that starts July 1 Rutherford County Commission boosts public safety pay by at least 8% Rutherford County Commission Chairman Jeff Phillips talks about decision to boost public safety pay by at least 8%. All Rutherford government employees will see their pay tables increase by at least

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Investors

As Trump lobs criticism at the Fed, investors watch and wait

Benzinga  |  Detroit Free Press Trump slams Fed chair as interest rates hold steady amid tariff fears President Donald Trump criticized Federal Reserve Chair Jerome Powell after the Fed held rates steady, citing risks from Trump’s expanding tariffs. The president labeled Fed chair Jerome Powell ‘too late’ and ‘an American disgrace,’ arguing that the Fed’s

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Loans

RI $14.3B budget, casino smoking and payday loan bans pass on final day

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget The Rhode Island General Assembly wrapped up its 2025 session on Friday, June 20. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget all were approved. Rhode Island

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Loans

RI lawmakers pass $14.3B budget, curbs on casino smoking, payday loans

House Speaker Shekarchi describes priorities in new $14.3B RI budget House Speaker K. Joseph Shekarchi describes the priorities in new $14.3B state budget The Rhode Island General Assembly wrapped up its 2025 session in the early morning hours of Saturday, June 21. An assault weapons ban, payday lending restrictions, and the state’s $14.3 billion budget

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Crypto

DOJ to seize $225.3 million for victims of crypto scammers

June 19 (UPI) — The Department of Justice has filed a civil forfeiture complaint to seize $225.3 million for victims involved in cryptocurrency scams. The complaint, filed Wednesday, alleges that the cryptocurrency addresses that held over $225.3 million were part of a sophisticated blockchain-based money laundering network. “Civil forfeiture complaint is the latest action taken

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Banking

U.S. Bank Tops Javelin Strategy & Research’s 2025 Mobile and Online Banking Scorecards

Shortcomings Underscore Why Two-Thirds of Consumers Look Beyond Their Bank for Help with Their Finances 2025 Digital Banking Scorecard Results Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service

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