WASHINGTON -- CUNA extended its independent campaign expenditures for next week's primaries to unprecedented levels, with additional spending on behalf of embattled Democratic Sen. Joe Lieberman, and Republican House candidate Jeff Crank, of Colorado. CUNA reported Monday it is spending another $29,099 on direct mail pamphlets boosting Lieberman, making a total of $116,396 spent over the past week to prop up the three-term Senator, who is in a tough battle in the August 8 Democratic primary against anti-Iraqi war candidate Ned Lamont. The trade group also said Monday it is spending an additional $43,346 on direct mailing in support of Crank, vice president of the Chamber of Commerce, and a former staffer for retiring Rep. Joel Hefley, who Crank hopes to succeed in Congress. CUNA spent $107,057 on TV and radio ads for Crank last week. The $169,799 spent by CUNA the last six days on independent expenditures for the two candidates is a new high for the credit union trade association. Independent expenditures may not be coordinated with a candidate.
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The bipartisan housing package, dismissed by President Trump as a "yawn," takes effect automatically after he declined to sign it in protest over stalled voter ID legislation.
July 11 -
The failure of Kentland Federal Savings and Loan, the nation's smallest standalone bank at $3.7 million of assets, will cause an estimated $1.2 million hit to the deposit insurance fund, according to the Federal Deposit Insurance Corp. Kentland's failure is the third bank failure in 2026.
July 10 -
The stablecoin issuer has received final approval from the federal agency to open a trust bank division for custody of digital assets.
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The Denver-based bank reported that two loans soured, one due to fraud. A number of other lenders reported sizable fraud-related losses last fall.
July 10 -
The Wyoming digital asset bank is requesting that the high court review previous decisions granting the central bank 'unbounded, unreviewable discretion' in light of its recent Cook and Slaughter rulings. A decision could impact how cryptocurrency intersects with the standard banking system.
July 10 -
U.S. Bank, Arvest, Old National, BMO and WaFd took the losses in a decade-long scheme the DOJ announced.
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