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Bill Hagerty Presents a Bipartisan Proposal Aimed at Revitalizing Main Street Banks

Bill Hagerty Presents a Bipartisan Proposal Aimed at Revitalizing Main Street Banks

Main Street Depositor Protection Act Introduced Senators Bill Hagerty (R-Tenn.) and Angela Alsobrooks (D-Md.) have put forward new legislation aimed at supporting local banks and credit unions. This initiative seeks to enhance deposit insurance coverage for non-interest-bearing transaction accounts. The bipartisan bill, known as the Main Street Depositor Protection Act, would provide an additional $10 […]

Disputed tax credit aimed at revitalizing Downtown Manhattan is likely to be renewed, according to sources

Disputed tax credit aimed at revitalizing Downtown Manhattan is likely to be renewed, according to sources

Real Estate Tax Update in Manhattan Faces Uncertainty The effort by real estate professionals to revise certain controversial tax credits crucial for the revitalization of downtown Manhattan has turned into quite the suspenseful situation, but it seems to be heading towards approval. Programs like the Citywide Relocation and Employment Support Programs, specifically the LM-Reap, offer […]

Biden Is Focused on ‘Revitalizing’ Manufacturing, But Manufacturing Jobs Are Flat

During Bloomberg's “Balance of Power” broadcast on Friday, Heather Boushey, a member of the White House Council of Economic Advisers, said President Joe Biden is focused “right now on reinvigorating some of the U.S. manufacturing industry through the construction of new manufacturing facilities that we're seeing across the country.” She said she believes manufacturing jobs […]