CLEVELAND, Ohio, March 26 (TNSres) -- The Federal Reserve Bank of Cleveland issued the following news release on March 25, 2024: A new report from the Federal Reserve Bank of Cleveland compares the 1972 collapse of the Bank of the Commonwealth with the spring 2023 failures of Silicon Valley Bank and First Republic. Like SVB and First Republic, Commonwealth made investments that lost market value as interest rates increased, triggering a run on deposits. Structural changes in banking impacted   more

HARRISBURG, Pennsylvania, March 26 -- Gov. Josh Shapiro, D-Pennsylvania, issued the following news release on March 25, 2024: Last week in PennLive, East Region President of Cordia Mark Schneider praised Governor Josh Shapiro's new energy plan that would create 15,000 energy jobs, lower utility bills for Pennsylvanians, and take action to address carbon pollution. After unveiling his plan, Governor Shapiro visited Cordia Energy's Harrisburg location and joined Mark Schneider and other industry  more

WASHINGTON, March 26 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following news release on March 25, 2024: The Internal Revenue Service announced today that almost 940,000 people across the nation have unclaimed refunds for tax year 2020 but face a May 17 deadline to submit their tax returns. The IRS estimates more than $1 billion in refunds remain unclaimed because people haven't filed their 2020 tax returns yet. The average median refund is $932 for 2020, and  more

LANSING, Michigan, March 26 -- Michigan Attorney General Dana Nessel issued the following news release: Michigan Attorney General Dana Nessel has joined a coalition of 22 attorneys general, led by Illinois Attorney General Kwame Raoul, in filing an amicus brief defending the federal law that prohibits people who have been convicted of felonies from possessing firearms. In their brief, filed in U.S. v Prince, AG Nessel and other attorneys general ask the U.S. Court of Appeals for the 7th Circu  more

CHARLOTTE, North Carolina, March 26 -- The office of the U.S. Attorney for the Western District of North Carolina issued the following news release on March 25, 2024: A newly unsealed federal indictment charges two individuals for their roles in a conspiracy to buy and sell stolen high-end vehicles worth millions of dollars, announced Dena J. King, U.S. Attorney for the Western District of North Carolina. The defendants are also charged with gun offenses. Robert M. DeWitt, Special Agent in Cha  more

HARRISBURG, Pennsylvania, March 26 -- Gov. Josh Shapiro, D-Pennsylvania, issued the following news release on March 25, 2024: Highlighting the importance of safe, healthy, and affordable housing and his Administration's ongoing efforts to cut costs for Pennsylvanians, Governor Josh Shapiro today visited Dauphin County homeowners to see firsthand how their home will be improved through the Whole-Home Repairs Program. During the visit, Governor Shapiro shared how his proposed 2024-25 budget inves  more

HARRISBURG, Pennsylvania, March 26 -- The office of the U.S. Attorney for the Middle District of Pennsylvania issued the following news release: The United States Attorney's Office for the Middle District of Pennsylvania announced that John H. Johnson and Paula Z. Johnson, both age 62, of Hollidaysburg, Pennsylvania, pleaded guilty to a criminal information charging them with one count of conspiracy to defraud the United States. John H. Johnson also pleaded guilty to one count of conspiracy to   more