ASAToday for July 3rd, 2025

Banker’s Pay President Biden’s call for legislation that would allow regulators to claw back executive bonuses and stock sale proceeds stemming from the Silicon Valley Bank (SVB) collapse has found a receptive audience on Capitol Hill.  Democrats and Republicans are unlikely to come together to tighten bank regulations following the collapse of SVB of Santa…

COVID-19 Funding to Localities The National League of Cities issued a report Monday that said $65.1 billion in direct federal aid to cities, towns, and villages through last year’s pandemic relief law (PL 117-2) helped to stabilize municipal budgets and maintain service delivery while avoiding layoffs during the pandemic. It stated the funding did not…