HARRISBURG, Pa. - (04/25/05) -- State officials last week notifiedresidents in five counties who receive court-ordered child orspousal support that they will begin receiving those payments ondebit cards. Recipients who do not get their payments deposited ina credit union or bank account will receive state issued EPPIcards.The cards, which are MasterCards issued by Comerica Bank ofDetroit, will allow recipients to by goods directly from retailersand get cash back or to tap their ATMs for cash. State officialsplans to expand the program to all 600,000 child andspousal-support recipients statewide by August.
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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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