ASAToday for July 3rd, 2025

Thank You for Joining Us at SUBExcel! Last week, ASA welcomed 230 delegates to Fort Worth, Texas for the annual SUBExcel conference. The Hilton Fort Worth was the perfect venue for our colleagues to network, share information, and celebrate subcontractors! Highlights of the week include: Welcome Reception hosted by President Rusty Plowman and the Texas…

This Week in Congress This week, the Senate held nomination votes and the chamber was minus three members with Sen. McConnell (R-KY) recovering from a concussion, Sen. Fetterman (D-PA) receiving inpatient treatment for depression, and Sen. Feinstein (D-CA) recovering at home from shingles.  The House was not in session this week. Per Axios Markets, “The…

FDIC Protections On Monday, federal banking regulators said they would protect all Silicon Valley Bank (SVB) depositors, including those above the $250,000 deposit insurance limit provided by the Federal Deposit Insurance Corporation. “Depositors will have access to all of their money starting this morning.  The FDIC, Federal Reserve and Treasury Department said, “No losses associated…