Washington

A continuation of some form of extra unemployment benefits would bolster economic growth, Federal Reserve Bank of Dallas President Robert Kaplan said.

The surging U.S. savings rate means the country can afford to support Americans laid off due to the coronavirus pandemic, while a “hard” lockdown could deliver a faster economic recovery, a senior Federal Reserve official said on Sunday.

The letter, which includes signatures by 42 Republicans, requests an enhancement to the 4% Low-Income Tax Credit.

Marshall will still keep her position as chief compliance officer as she also takes on the role of interim chief regulatory officer. Lanny Schwartz left his position as chief regulatory officer almost a year ago.

Whether or not infrastructure investment is included in the next stimulus bill, more is still needed, experts say.

No surprises from the Fed, not much for it to do at this point.

Prominent current and former public officials and analysts broadly agree that states and localities are headed for deep financial holes without additional and substantial federal aid.

County leaders say added flexibility in CARES Act spending in the Senate GOP bill is limited.

Hilltop was fined a total of $475,000, with $100,000 pertaining to violations of municipal securities rules.

It is unlikely that transit agencies will get the full amount, but the Senate's new bill implies possible discussion for more transit funding.