Tag Archives: troubled

[unable to retrieve full-text content]US regulators seize troubled lender Republic First, sell it to Fulton Bank  Yahoo Finance Source link

The White House is sending $36 billion to buttress the Central States Pension Fund, one of the biggest and most troubled funds that manages the pensions of over 350,000 union workers and retirees. The pending announcement on Tuesday comes about 21 months after President Biden promised $86 billion to troubled multi-employer pension funds via a controversial provision tucked inside the American Rescue Plan. The check from Washington is a note of finality in the decades-long push to shore up… Source link

The Education Department (ED) is rolling out a series of major changes to a notoriously troubled Public Service Loan Forgiveness (PSLF) program for student loan borrowers in public service. “Borrowers who devote a decade of their lives to public service should be able to rely on the promise of Public Service Loan Forgiveness,” Secretary of Education Miguel Cardona said in a press release. “The system has not delivered on that promise to date, but that is about to change for many borrowers… Source link

Members of the South Florida Urban Search and Rescue team look for possible survivors in the partially collapsed 12-story Champlain Towers South condo building on June 26, 2021 in Surfside, Florida. Joe Raedle/Getty Images An engineering firm said it’s “deeply troubled” by the Florida condo collapse. Morabito Consultants documented “major structural damage” at the building in 2018. Officials have confirmed five deaths so far, with 156 people still unaccounted for. Visit Insider’s homepage for… Source link