LOVELAND, Colo. - (06/22/06) A mother was reunited with hertwo-year-old son Tuesday afternoon, minutes after police captured aman who had stolen her car with the infant in it as she wasstopping to cash a check at her credit union. The woman, who wasunidentified, wanted to cash a check at big Thompson FCU and gotout of the car to fetch the young boy, when the assailant forcedher to give up her keys and fled with the car. The woman thenchased the carjacker down the street yelling, My baby Mybaby , according to an eyewitness. The eyewitness grabbedthe woman and gave chase in his own car at speeds up to 100 milesan hour, calling 911 when they cornered the carjacker in thevictims car. Police eventually joined the chase and capturedthe fleeing vehicle with the infant still safe in his car seat. Alocal man, identified as 24-year-old Edward Orr, was arrested atthe scene.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
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The child of a slave grew up to become the first woman to open a bank in the U.S., and pioneered community banking for Black communities.
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Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
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The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19








