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MILTON

Charles A. Mallon, Jr.

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VIENNA, Va. — As Americans exchange roses, chocolates, and promises of love on Valentine’s Day, a far darker form of “romance” is quietly ruining lives: highly organized, AI-powered romance scams that turn affection into exploitation, intimacy into isolation, and trust into financial devastation.

WASHINGTON — U.S. Sens. Ted Cruz (R-Texas) and Katie Britt (R-Ala.) have introduced the Community Bank Relief Act, legislation that would raise — and annually adjust for inflation — the $10 billion asset threshold that triggers federal limits on debit card interchange fees, according to reporting by Bloomberg.

 

WASHINGTON — A partial funding lapse at the Department of Homeland Security is increasingly likely after Senate Democrats blocked a procedural vote on a House-passed DHS funding bill Thursday, leaving the chamber short of the 60 votes needed to advance the measure, POLITICO reported.

NEW YORK--After more than a decade of rapid expansion, the Community Development Financial Institution (CDFI) industry has entered a modest pullback, with both the number of certified institutions and total assets declining since 2023, according to a new report from the Federal Reserve Bank of New York.