News Tipoffs - Arkansas Editors
Federal Reserve Bank of St. Louis Issues Beige Book on on July 15, 2026
WASHINGTON, July 27 -- The Federal Reserve Bank of St. Louis issued the following Beige Book on July 15, 2026:
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Summary of Economic Activity
Economic activity in the Eighth District has slightly increased since our previous report. Employment was unchanged and wage growth remained moderate. Prices rose at a robust pace, and increases were widespread. Reports on consumer spending and banking indicated conditions were largely unchanged. Manufacturing activity was mixed. The outlook is unch
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OMB Issues Statement of Administration Policy on Main Street Capital Access Act
WASHINGTON, July 21 -- The White House Office of Management and Budget issued the following statement of administration policy on the Main Street Capital Access Act (H.R. 6955), which was introduced by Rep. French Hill, R-Arkansas, and 33 cosponsors:
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The Administration supports House passage of H.R. 6955.
The bill would make a number of adjustments to bank and credit union chartering, capital, and supervisory requirements intended to ease compliance burdens on smaller and mid-sized depo
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