March 15, 2025

Washington

Investors

Uncertainty may scare away housing investors, Ed Augustus Jr. says

Sam Drysdale  |  State House News Service BOSTON — State government leaders in Massachusetts are trying to instigate a building boom to address a housing shortage marked by high rents and sale prices, but a top housing official is now warning that headwinds from Washington could threaten their efforts. “The equity that’s often needed to

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Property

City of South Fulton decides not to increase property tax millage rate – WSB-TV Channel 2

SOUTH FULTON, Ga. — The City of South Fulton has decided against increasing its property tax millage rate. The city approved maintaining the current property tax millage rate of 12.399 mils, which will fund the fiscal year 2025 adopted budget. [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] The city council chose to

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Investment

Nymbus secures strategic investment from Gesa Credit Union

Nymbus, a leading provider of innovative financial technology solutions, has recently announced a significant strategic investment from Gesa Credit Union. Based in Washington, Gesa is a prominent financial institution with assets exceeding $5.5bn, serving close to 290,000 members across the Pacific Northwest. This new funding is set to bolster Nymbus’ mission to support credit unions

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Finance

More schools across US add financial literacy lessons as new graduation requirement – WSB-TV Channel 2

WASHINGTON — As students head back to class after summer break, there’s a greater push to prioritize financial literacy in the classroom. More than half of states in the United States have passed laws requiring high school students to take and pass a personal finance education class before graduation. [DOWNLOAD: Free WSB-TV News app for

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Crypto

SEC subpoenas three crypto VCs in sign crackdown is gaining pace – DL News

DL News viewed the first page of a subpoena. The SEC issued similar subpoenas to at least two other crypto VCs. “It’s a natural additional enforcement area,” said a securities attorney. The US Securities and Exchange Commission has subpoenaed at least three crypto venture capital firms this year, according to a source familiar with the

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Funds

Biden counters RNC with rent caps, land sales, bridge funds

While most of the attention has been on former President Donald Trump and the GOP as the Republican National Convention takes place in Milwaukee, President Joe Biden and other Democrats have touted policy wins like building bridges and efforts to address housing costs. The Biden administration on Thursday announced $5 billion for major bridge construction

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Loans

Appeals court allows part of Biden student loan repayment plan to go forward

WASHINGTON (AP) — A federal appeals court has allowed the U.S. Education Department to move ahead with a plan to lower monthly payments for millions of student loan borrowers, putting on hold a ruling last week by a lower court. The ruling from the 10th U.S. Circuit Court of Appeals puts back on track a

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Finance

Washington names new finance director | Local News

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Finance

Both sides in DC are already drawing red lines over a 2025 tax fight

A mammoth tax debate that will dominate Washington in 2025 is already well underway in 2024. The latest example came Monday with a speech from Sen. Elizabeth Warren, the leading Massachusetts Democrat, where she called on Democrats to “stiffen our spines” for the fight ahead. She also laid out a series of what she termed

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Finance

The coming Social Security fight could be 1983 all over again

Political pressure will almost surely force Washington to shore up the Social Security program before the social safety net program faces reduced monthly checks as soon as 2033. But the question is when. Will lawmakers mobilize in the next few years, or will they wait until the proverbial last minute — and pay increased costs

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