DALLAS, Texas, June 24 -- The Federal Home Loan Bank of Dallas, a district bank in the Federal Home Loan Bank System, issued the following news release: * * * Affordable Apartments Receive $1M Grant from FHLB Dallas and Arvest Bank * The Federal Home Loan Bank of Dallas (FHLB Dallas) joined its member institution, Arvest Bank, and other community leaders to cut the ribbon on Spavinaw Creek Senior Housing, a facility made possible in part by a $1 million Affordable Housing Program grant. GRAV  more

DALLAS, Texas, June 25 -- The Federal Home Loan Bank of Dallas, a district bank in the Federal Home Loan Bank System, issued the following news release: * * * Affordable Apartments Receive $1M Grant from FHLB Dallas and Arvest Bank * The Federal Home Loan Bank of Dallas (FHLB Dallas) joined its member institution, Arvest Bank, and other community leaders to cut the ribbon on Spavinaw Creek Senior Housing, a facility made possible in part by a $1 million Affordable Housing Program grant. GRAV  more

WASHINGTON, June 25 -- Rep. Mark Alford, R-Missouri, issued the following news release: * * * Alford Applauds House Passage of Military Construction and Veterans Affairs Funding Bill * Today, Congressman Mark Alford (MO-04), the Vice Chairman of the House Appropriations Subcommittee on Military Construction, Veterans Affairs, and Related Agencies, issued the following statement after the U.S. House of Representatives passed H.R. 3944, the Military Construction, Veterans Affairs, and Related   more

WASHINGTON, June 24 -- Sen. Chris Van Hollen, D-Maryland, issued the following news release: * * * At Dobbs Spotlight Forum, Van Hollen Joins Murray, Senate Democrats, in Highlighting Trump & Republicans' Backdoor Abortion Ban & Efforts to Rip Away Reproductive Health Care Nationwide * Today--on the three-year anniversary of the Supreme Court's disastrous decision in Dobbs v. Jackson Women's Health Organization overturning the constitutional right to abortion--U.S. Senator Chris Van Hollen (  more

WASHINGTON, June 26 -- Rep. Bryan Steil, R-Wisconsin, chairman of the House Administration Committee, issued the following news release on June 25, 2025: * * * Chairmen Steil, Jordan, and Comer Subpoena Current and Former ActBlue Employees WASHINGTON - Committee on House Administration Chairman Bryan Steil (WI-01), House Committee on the Judiciary Chairman Jim Jordan (OH-04), and Committee on Oversight and Government Reform Chairman James Comer (KY-01) issued two subpoenas, to a current and a  more

WASHINGTON, June 25 -- Rep. Emanuel Cleaver, D-Missouri, issued the following news release: * * * Congressman Cleaver Co-Sponsors War Powers Resolutions to Prohibit U.S. Involvement in Iran * (Washington, D.C.) - Today, U.S. Representative Emanuel Cleaver, II (D-MO) co-sponsored two War Powers Resolutions to prohibit American involvement in Iran, following President Trump's unilateral, unconstitutional, and dangerous decision to use U.S. Armed Forces to strike Iran directly. The first reso  more

ST. LOUIS, Missouri, June 24 (TNSLrpt) -- Research from the Federal Reserve Bank of St. Louis, in collaboration with IESEG School of Management and Rutgers University, reveals that Federal Open Market Committee (FOMC) policy announcements are a significant driver of "systemic tail risk" across financial markets. This means that these announcements often trigger simultaneous, large price movements in multiple assets, making diversification strategies less effective. The working paper, titled "Fe  more

ST. LOUIS, Missouri, June 24 (TNSLrpt) -- The seemingly simple decline in agricultural employment can accurately pinpoint when nations transition from economic stagnation to sustained growth, a new study from the Federal Reserve Bank of St. Louis suggests. This approach allows researchers to estimate the onset of modern economic growth without relying on historical GDP data, which is often scarce for developing nations. In their working paper, "On the Transition to Sustained Growth: The Importa  more

ST. LOUIS, Missouri, June 24 (TNSLrpt) -- A working paper on June 16, 2025 from the Federal Reserve Bank of St. Louis proposes a novel framework for governments to optimally respond to disturbances in asset markets. The study, titled "Optimal Asset Market Operations," introduces a policy rule that relies on observable asset returns and empirically measurable elasticities, moving beyond the traditional reliance on unobservable shocks and complex micro-foundations. Authored by Yu-Ting Chiang of t  more

ST. LOUIS, Missouri, June 24 (TNSLrpt) -- Research published on June 12, 2025 from the Federal Reserve Bank of St. Louis, in collaboration with UTDT, suggests that while adopting fiscal and monetary policy rules can bring significant welfare gains to emerging economies during normal times, the ability to suspend these rules is crucial during large, unforeseen crises like the COVID-19 pandemic. The study emphasizes that the benefits of such flexibility hinge on the credibility of reimposing these  more

ST. LOUIS, Missouri, June 24 (TNSLrpt) -- Research published on June 16, 2025 from The Federal Reserve Bank of St. Louis indicates that barriers preventing immigrants from fully utilizing their skills in the U.S. labor market are costing the nation significant economic output. The working paper, "The Allocation of Immigrant Talent: Macroeconomic Implications for the U.S. and Across Countries," estimates that removing these barriers could boost U.S. real GDP by 7%, representing a quarter of immig  more

ST. LOUIS, Missouri, June 24 (TNSLrpt) -- A study published on June 10, 2025 from economists at the Federal Reserve Bank of St. Louis and the University of Notre Dame introduces a novel method to measure the cost of capital for U.S. firms, revealing surprisingly modest levels of capital misallocation under normal conditions. However, the research also highlights a significant increase in this inefficiency during the 2020-2021 period, primarily driven by the underpricing of riskier loans. The wo  more

ST. LOUIS, Missouri, June 24 (TNSLrpt) -- Research from the Federal Reserve Bank of St. Louis, in collaboration with the Bank of Canada, is shedding critical light on the true economic fallout of job displacement, revealing that previous estimates may have significantly understated the earnings losses for involuntarily separated workers. The study, titled "The Heterogeneous Impacts of Job Displacement: Evidence from Canadian Job Separation Records," highlights the crucial distinction between lay  more

WASHINGTON, June 25 -- Sen. Josh Hawley, R-Missouri, issued the following news release: * * * Hawley Demands Energy Department Terminate Government Funding Grain Belt Express * Today, U.S. Senator Josh Hawley (R-Mo.) sent a follow-up letter to Department of Energy (DOE) Secretary Chris Wright demanding he terminate the more than $4 billion in federal funding for the Grain Belt Express, an elitist land grab harming Missouri farmers and ranchers. In the letter, Senator Hawley wrote, "I write  more

WASHINGTON, June 25 -- Sen. Josh Hawley, R-Missouri, issued the following news release: * * * Hawley, Hassan, Kelly Reintroduce Bipartisan Bill to Strengthen Rural Hospital Cybersecurity * Today, U.S. Senators Josh Hawley (R-Mo.), Maggie Hassan (D-N.H.), and Mark Kelly (D-Ariz.) reintroduced the Rural Hospital Cybersecurity Enhancement Act, which directs the Department of Health and Human Services (HHS) to develop a comprehensive strategy to address the growing need for skilled cybersecurity  more

WASHINGTON, June 25 (TNSLrpt) -- A new analysis from the nonprofit health advocacy group Families USA, titled "Federal Medicaid Cuts Would Force Rural Hospitals to the Brink of Closure," warns that proposed federal Medicaid reductions could devastate rural health care systems. Released in June 2025, the report projects that 55 additional independent rural hospitals across 26 states would fall into financial distress, bringing the nationwide total of at-risk hospitals to 380. The report highligh  more

KANSAS CITY, Missouri, June 24 (TNSLrpt) -- The U.S. Department of Labor's Bureau of Labor Statistics - Mountain-Plains Regional Information Office issued the following report on [doc date], entitled "[xxx]": * * * View original text plus charts and tables here: * * * Montana Job Openings and Labor Turnover -- April 2025 * Montana had 29,000 job openings in April 2025, unchanged from March, the U.S. Bureau of Labor Statistics reported today. (See table 1.) Assistant Commissioner for Region  more

WASHINGTON, June 25 -- Sen. Bernie Sanders, I-Vermont, issued the following news release: * * * NEWS: Sanders Releases New Report Detailing Devastating Impact of Trump's "Big, Beautiful Bill" on Health Care in America * WASHINGTON, June 25 - As Senate Republicans attempt to ram through legislation to cut health care for 16 million Americans in order to give tax breaks to billionaires without a single hearing or substantive debate, Sen. Bernie Sanders (I-Vt.), Ranking Member of the Senate Hea  more

WASHINGTON, June 24 -- Sen. Catherine Cortez Masto, D-Nevada, issued the following news release: * * * On Anniversary of Decision that Overturned Roe v. Wade, Cortez Masto Calls Out Republican Efforts to Restrict Access to Reproductive Health Care * "It might not be front-page news every day, but when you take all of these actions together, it is clear that this administration and Republicans at every level of government are taking the steps they need to implement a nationwide abortion ban."  more

WASHINGTON, June 25 -- Rep. Eric Burlison, R-Missouri, issued the following news release: * * * Reps. Burlison and Subramanyam Introduce the FIT Procurement Act to Save Taxpayers Millions * Washington, D.C. -- Representatives Eric Burlison (R-MO-07) and Suhas Subramanyam (D-VA-10) have introduced the bipartisan Federal Improvement in Technology (FIT) Procurement Act to modernize how the federal government purchases technology. By streamlining the procurement process, the bill is projected to  more

WASHINGTON, June 26 -- Sen. Patty Murray, D-Washington, vice chair of the Senate Appropriations Committee, issued the following news release on June 25, 2025: * * * Senator Murray Opening Remarks at Full Committee Hearing on Trump's Rescission Package Washington, D.C. -- Today, during a Senate Appropriations Full Committee hearing on President Trump's $9.4 billion rescission request--U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, underscored in her openin  more

WASHINGTON, June 26 -- Rep. Sam Graves, R-Missouri, chairman of the House Transportation and Infrastructure Committee, issued the following news release on June 25, 2025: * * * T&I Approves Legislation to Cut Red Tape & Increase Clean Water Act Permitting Efficiency Legislation that cuts red tape, streamlines reviews, and provides greater regulatory certainty under Clean Water Act (CWA) permitting processes was approved by the Transportation and Infrastructure Committee today. H.R. 3898, the  more

WASHINGTON, June 25 -- Rep. Ann Wagner, R-Missouri, issued the following news release: * * * U.S. Delegation to NATO Parliamentary Assembly Statement on Commitment by NATO Allies to Increase Defense Spending to 5% of GDP * Washington, D.C. - The U.S. Delegation to the NATO Parliamentary Assembly today issued the following statement after NATO Allies committed to increased defense spending targets of 5 percent of GDP annually by 2035: "The success of the NATO Summit is the Alliance's commit  more

WASHINGTON, June 24 (TNSLrpt) -- The Veterans Affairs Inspector General issued the following report (No. 24-00600-136) on June 10, 2025 entitled "Healthcare Facility Inspection of the VA St. Louis Healthcare System in Missouri." Here is the executive summary: * * * The Office of Inspector General's (OIG's) mission is to serve veterans and the public by conducting meaningful independent oversight of the Department of Veterans Affairs (VA). Furthering that mission, and building on prior evalua  more

WASHINGTON, June 26 -- Sen. Patty Murray, D-Washington, vice chair of the Senate Appropriations Committee, issued the following news release on June 25, 2025: * * * Vought Refuses to Rule Out More Illegal End-Runs Around Congress & Refuses to Detail How Trump Will Execute Cuts If Rescissions Bill Passes--Murray Urges Congress to Reject Package in its Entirety Washington, D.C. -- Today, during a Senate Appropriations Committee hearing on President Trump's $9.4 billion rescission request--U.S.   more

WASHINGTON, June 25 -- Rep. Ann Wagner, R-Missouri, issued the following news release: * * * Wagner, Turner, Bell, Auchincloss Introduce Legislation to Advance Stability in Bosnia and Herzegovina * Washington, D.C. - Congresswoman Ann Wagner (R-MO), along with Congressman Mike Turner (R-OH), Congressman Wesley Bell (D-MO), and Congressman Jake Auchincloss (D-MA) released the following statement after they introduced the Upholding the Dayton Peace Agreement Through Sanctions Act. This year ma  more

WASHINGTON, June 26 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release on June 25, 2025: * * * Ways and Means Chairman Smith Opening Statement: Joint Hearing with Commissioner of Social Security, Frank J. Bisignano Today, Ways and Means Chairman Jason Smith (MO-08) delivered the following remarks during a joint subcommittee hearing with the Commissioner of Social Security, Frank J. Bisignano. As prepared for delivery Thank you   more

WASHINGTON, June 26 -- Rep. Jason Smith, R-Missouri, chairman of the House Ways and Means Committee, issued the following news release on June 25, 2025: * * * Work and Welfare Subcommittee Chairman LaHood Opening Statement: Joint Hearing with Commissioner of Social Security, Frank J. Bisignano Washington, D.C. -- Ways and Means Subcommittee on Work and Welfare Chairman Darin LaHood (IL-16) delivered the following remarks during a joint subcommittee hearing with the Commissioner of Social Secu  more