Senate Setback on Efforts to Defund CFPB

In a ruling late last week, the Parliamentarian for the United States Senate ruled that key provisions of the “One Big, Beautiful Bill” violated the Senate’s “Byrd Rule,” which...

Community, Commitment and a Century of Trust

Citizens State Bank rang in its 100th anniversary with a full day of festivities and community pride on Friday, June 6, at its Somerville headquarters. With deep roots in...

Bowman Promises Tailored Approach to Supervision

Last week, the United States Senate finally confirmed Governor Michelle “Miki” Bowman to serve as the Federal Reserve Vice Chairman for Supervision. Governor Bowman’s confirmation represents a historic milestone,...

Senate Moves Forward Slimmed Down Gold Bill

Just before the holiday weekend, a bill ( H.B. 1056 ) authorizing Texas to create a currency backed by gold or silver found new life (sort of). Senator Bryan Hughes (R-TX)...

Harmful Amendments to Stablecoin Bill

As the U.S. Senate prepares to advance stablecoin legislation in the coming weeks, Senators are eyeing the bipartisan GENIUS Act ( S.1582 ) as a rare opportunity to move their own...