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Federal Regulators Direct Banks To Scrutinize Loans To Illegal Aliens
Federal Regulators Direct Banks To Scrutinize Loans To Illegal Aliens
Authored by AG News Staff via American Greatness,
Federal banking regulators have closed a long-standing loophole that allow illegal immigrants borrow money from U.S. financial institutions with little scrutiny of their legal status.
The Office of the Comptroller of the Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the National Credit Union Administration (NCUA) jointly advised that banks "might consider" requiring customers to produce "evidence of continuing work authorization" and other documentation when assessing whether a borrower can repay a loan....
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May 31, 2026 / Tyler Durden
Parabolic Semiconductor Rally: What Breaks The Trade?
Parabolic Semiconductor Rally: What Breaks The Trade?
Authored by Lance Roberts via RealInvestmentAdvice.com,
AI Validation Fuels A Ninth Weekly Advance
The headline tape made fresh history. The S&P 500 closed Friday at 7,580.06, finishing up 1.43% on the week and posting its ninth consecutive weekly gain. That’s the longest weekly winning streak since 2024, and only the 5th time since 1965 that has occurred. While markets previously saw weakness following such streaks, the 24- and 52-week outcomes were primarily positive, except in 1989.
However, the Russell 2000 actually fell 0.59% to 2,919, a reminder...
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Mar 28, 2026 / Michael Dioguardi
Why Sovereign Debt Is Structurally Insulated from Market Discipline
Government debt is junk investment, but the markets treat it as gold. That is because government greases the skids, keeping its paper from the market discipline that private investments experience.
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Aug 4, 2026 / Kyle Anzalone
US Nearly Depleted Stockpile of Precision Munitions
The US military has used nearly all of its long-range, surface-to-surface missiles. Two sources speaking with Reuters said that the Department of War has nearly depleted its stockpile of ATACMS and PrSM missiles. A separate source said that Central Command (CENTCOM) had used its entire stockpile of land-launched missiles and had to bring in supplies […]
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