KANSAS CITY - (08/09/05) -- Jurors who convicted a man in themurder of a federal witness to a credit union robbery couldn'tagree on a sentence last week, so the judge sent him to prisonwithout parole. Prosecutors had requested the death penalty forXavier Lightfoot, who lived with the witness, who was cooperatingwith investigators in the 1997 armed robbery at Educators FCU inOmaha and two jewelry stores. Lightfoot and an accomplice,Cornelius Peoples, were convicted in the 1998 murder of John W.Hogsett, who lived life as a woman named Jovan Ross. It was thesecond trial in the case for Lightfoot, who was convicted in 1999but his verdict overturned on appeal. Three other accomplices havebeen convicted in the case, including Carl Haskell, who wassentenced to life in prison for killing Hogsett.
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A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
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The bank and fintech entered an agreement to expand open banking ahead of the CFPB's new 1033 rule and announced joint fraud-combatting product improvements.
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A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
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Investors claim JPMorganChase collected fees while ignoring suspicious transfers linked to a $328 million crypto Ponzi scheme.
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Federal bank enforcement actions have dropped sharply since the start of the second Trump administration, but experts' views vary about whether less enforcement will result in a buildup of risk in the financial system.
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Billy Beale, who was hired to clean up Virginia-based Blue Ridge Bankshares after its failed foray with fintechs, has left the $2.4 billion-asset company. His successor is Harry Golliday, who was named interim CEO.
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