Policy News – May 12, 2022

Last week, the Federal Reserve raised interest rates again by half a percentage point, the most significant raise since 2000, to help fight rising inflation. While the hike was expected, concerns continue that increasing interest rates could eventually lead to a...

Policy News – May 5, 2022

The U.S. Department of the Treasury announced plans to deploy $300 million of State Small Business Credit Initiative (SSBCI) Technical Assistance funding to support small businesses. Of these funds, $200 million will be provided to states, the District of Columbia,...

Policy News – April 28, 2022

Congress is back in session after a two-week recess and members have a long to-do list. Lawmakers have proposed a $10 billion package for additional pandemic relief and a nearly $800 million Ukraine aid funding package. They will also try again to pass some version of...

Policy News – April 21, 2022

Financial literacy education may soon become a requirement for many more high school students. Several state legislatures, including Georgia, Michigan, and South Carolina are considering passing legislation that will mandate a personal finance course or credit before...

Policy News – April 14, 2022

The House passed a $55 billion aid package for restaurants and other industries impacted by the pandemic. The legislation would provide $42 billion to replenish the existing Restaurant Revitalization Fund and another $13 billion in aid for small businesses that...