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Pulaski Savings Bank fails, Millennium Bank assumes deposits – American Banker

Pulaski Savings Bank, a Chicago-based community bank with $49.5 million in assets, was shut down Friday by the Illinois Department of Financial and Professional Regulation. The Federal Deposit Insurance Corporation was appointed receiver, and all of the bank's $42.7 million in deposits were transferred to nearby Des Plaines Millennium Bank in Illinois. “Millennium Bank has […]

Biden remains ‘absent’ in final weeks before Trump assumes office, WH advisors complain

According to Politico, some White House officials have criticized President Biden's lack of leadership and President-elect Don Trump's “conspicuous absence” in the final weeks before his inauguration on January 20. . Another Democratic lawmaker close to a senior lawmaker said, “There is no leadership from the White House.'' told Politico. “A complete vacuum exists.” Mr. […]

VP Harris could face more scrutiny from GOP if she assumes presidency: expert

Republican lawmakers are increasingly calling for Biden’s immediate resignation, saying he doesn’t think his sudden decision to suspend his presidential campaign has gone far enough — a move experts say is unlikely and part of a political strategy to hold Harris accountable for contributing to Biden’s alleged declining mental capacity. “They have reasons to want […]