DES MOINES, Iowa - (02/28/05) -- A man convicted of robbing a nearbycredit union during campaign stops by both President Bush and Sen.John Kerry last summer was sent to prison last week for 10 years.James Lewis, 30, was convicted last month of second-degree robberyfor a late-morning hold-up last Aug. 4 at Ralston and Community CUin nearby Davenport, just as Presidnet Bush was stepping off AirForce One for a campaign stop here. At almost the same time, Sen.Kerry was speaking to area residents nearby, one of the few timesthe two campaigns actually intersected. Lewis tossed stolen cashand gloves from the window of his sport utility vehicle while beingchased by police, who caught him after his getaway vehicle stalledoutside a school.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
February 9 -
Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
February 9 -
The Government Accountability Office was tasked with investigating the Consumer Financial Protection Bureau's stop-work order, but CFPB officials refused to meet with or provide information to Congress' investigative arm.
February 9 -
Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
February 9 -
Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
February 9 -
The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
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