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Kilgore Legislative Update Tour Event Will Go On As Scheduled

6/22/2017
The Legislative Update Tour lunch at 11:30 a.m. tomorrow at Country Tavern in Kilgore will go on as scheduled. There was concern that Tropical Storm Cindy would prevent the TBA Lobby Team from flying to Kilgore. This event has NOT been canceled.

Yellen Signals Greater Transparency in Stress Tests

6/20/2017
In a letter to Rep. Blaine Luetkemeyer (R-Mo.) last week, Federal Reserve Chair Janet Yellen said that the Fed will provide banks with more details on the stress testing process in response to calls from lawmakers and others for greater transparency.

Trump Names Banking Lawyer to Lead FDIC

6/19/2017
President Trump on Friday said he would nominate James Clinger to serve as FDIC chairman.

Fed Hikes Rates; One More Increase Expected in 2017

6/15/2017
As expected by many analysts, the Federal Open Market Committee decided yesterday to raise the target federal funds rate to 1 to 1.25 percent — the second of 2017 and the fourth since the committee resumed rate hikes in December 2015.