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Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – July 2025 # 2

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – July 2025 # 2

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week. Federal Activities State Activities Federal Activities:...

‘They were sons, brothers, uncles, friends’: Stoughton family launches fundraiser after 2 brothers die while fishing

‘They were sons, brothers, uncles, friends’: Stoughton family launches fundraiser after 2 brothers die while fishing

Local News By Sana Muneer July 16, 2025 1 minute to read Share Close Send this article to your social connections. Share Send this article to your social connections. In the wake of the deaths of two brothers from Stoughton who both died while...

100th Catholic Charity Appeal: Diocese of Providence Raises $7.7M, Exceeds Goal, Again, for Rhode Islanders

100th Catholic Charity Appeal: Diocese of Providence Raises $7.7M, Exceeds Goal, Again, for Rhode Islanders

Despite challenges and uncertainties across the nation and around the world, the annual Catholic Charity Appeal has stood the test of time, with the people of the Diocese of Providence generously supporting this year’s 100th Catholic Charity...

Average VA home loan amount in Rhode Island increases in Q1

Average VA home loan amount in Rhode Island increases in Q1

The average VA home loan amount in Rhode Island during the first quarter of the fiscal year 2025 was $471,237, a 0.1% increase over the previous quarter, according to the Veterans Affairs Home Loans Index.Rhode Island's average VA loan amount...

On housing, our lawmakers are doing right for Rhode IslandersH. Philip West Jr. 

On housing, our lawmakers are doing right for Rhode IslandersH. Philip West Jr. 

H. Philip West Jr. Rhode Island has faced a severe housing shortage, ranking last in housing permits per capita between 2017 and 2023. House Speaker K. Joseph Shekarchi has led efforts to address the housing crisis through legislative action and...

Washington Bridge a Rhode Island fiasco; glory days of radio

Washington Bridge a Rhode Island fiasco; glory days of radio

The Bridge is officially a Rhode Island fiasco In keeping with a rich history of bridge replacements in Rhode Island, the Washington Bridge has officially become a shining example of how things are done (or not done) in Rhode Island. Consider the...

Rhode Island’s ‘Taylor Swift Tax’ Could Bring Her to Massachusetts

Rhode Island’s ‘Taylor Swift Tax’ Could Bring Her to Massachusetts

Iran, Ukraine, ICE raids, windmill blades falling into the ocean; as if there is not enough to be worried about these days, there is a growing concern in some circles that Rhode Island's proposed "Taylor Swift Tax" could lead to a big "For Sale"...

Courts Grapple With ‘Constitutional Attacks’ On Law Barring Marijuana Users From Gun Ownership, Congressional Researchers Note

Courts Grapple With ‘Constitutional Attacks’ On Law Barring Marijuana Users From Gun Ownership, Congressional Researchers Note

A new report from congressional researchers examines the state of law around a federal statute that prohibits gun possession by consumers of marijuana and other illegal drugs, noting that a growing number of federal courts are now “finding...

Rhode Island General Assembly passes $14.34 billion budget despite federal uncertainties

Rhode Island General Assembly passes $14.34 billion budget despite federal uncertainties

The Rhode Island General Assembly approved a $14.34 billion budget for fiscal year 2026 on Friday (June 20), addressing significant financial challenges while prioritizing healthcare, housing, and municipal support despite looming federal...

Rhode Island’s Gilded Moment: Saks Fifth Avenue Unveils Coastal Glamour in National Window Displays

Rhode Island’s Gilded Moment: Saks Fifth Avenue Unveils Coastal Glamour in National Window Displays

Rhode Island is stepping into the spotlight — quite literally — with a new partnership that brings its historic charm and coastal elegance to the glossy windows of Saks Fifth Avenue. On Tuesday, Rhode Island Commerce unveiled a collaboration with...

Rhode Island Legislature Highlights Accomplishments for the 2025 Session

This year at the General Assembly – from the RI State House: Here are the highlights from news and events that took place in the General Assembly this year. For more information on any of these items visit http://www.rilegislature.gov/pressrelease...

Rhode Island General Assembly Wraps Up 2025 Session with Major Policy Changes Across Health, Housing, Labor, and More

Rhode Island General Assembly Wraps Up 2025 Session with Major Policy Changes Across Health, Housing, Labor, and More

PROVIDENCE, RI: The Rhode Island General Assembly concluded a busy 2025 legislative session with a sweeping array of new laws and funding boosts, touching nearly every corner of public life — from health care and housing to education,...

Rhode Island Considers 'Taylor Swift Tax'

Rhode Island Considers 'Taylor Swift Tax'

A new bill that would introduce higher taxes on luxury second homes in Rhode Island, nicknamed the "Taylor Swift Tax" after the Pennsylvania-born superstar, is causing quite a stir. If enacted, the proposal would impose an additional charge on...

Rhode Island Commerce Collaborates with Saks Fifth Avenue to offer Luxury Shoppers a New Experience Highlighting the Ocean State

Rhode Island Commerce Collaborates with Saks Fifth Avenue to offer Luxury Shoppers a New Experience Highlighting the Ocean State

PROVIDENCE, Rhode Island, June 24, 2025 /PRNewswire/ -- Rhode Island Commerce — the official full-service, economic development organization for the state of Rhode Island—is proud to announce an exciting collaboration with the iconic, leading name...

R.I. Infrastructure Bank secures $100M in bond financing for clean water projects

R.I. Infrastructure Bank secures $100M in bond financing for clean water projects

PROVIDENCE – Rhode Island Infrastructure Bank, the state’s central hub for financing infrastructure improvements for municipalities, businesses and homeowners, has secured $100 million in Clean Water State Revolving Fund bond financing to support...

BankRI awards $102,650 in grant funding to Rhode Island nonprofits

BankRI awards $102,650 in grant funding to Rhode Island nonprofits

PROVIDENCE – Bank Rhode Island awarded $102,650 in grant money to 38 nonprofit organizations across the state, the bank announced on Monday. The bank’s latest charitable contributions will help fund initiatives that support educational...

Food for starving children worldwide is still sitting in a Rhode Island warehouse. It’s a case study in DOGE aftermath.

Food for starving children worldwide is still sitting in a Rhode Island warehouse. It’s a case study in DOGE aftermath.

WASHINGTON — More than three months after Elon Musk pledged to restart orders for a nonprofit that makes food for starving children worldwide, nearly 200,000 boxes of life-saving, nutritional paste are still sitting in a Rhode Island warehouse....

Bluestone Bank names new VP to lead commercial lending

Bluestone Bank names new VP to lead commercial lending

Sara Hiebner has been named vice president and commercial lending officer at Bluestone Bank, according to a community announcement. Hiebner, a University of Rhode Island graduate with a Bachelor of Science in Business Administration, brings over...

Rhode Island Casinos Retain Smoking Privileges, Though Only in Enclosed Areas

Rhode Island Casinos Retain Smoking Privileges, Though Only in Enclosed Areas

Posted on: June 23, 2025, 09:27h. Last updated on: June 23, 2025, 09:59h. Rhode Island casino smoking will remain State lawmakers passed legislation limiting casino smoking to enclosed chambers The smoking lounges must prevent any flow of...

W. Alton Jones Campus to rise again, University of Rhode Island and RI DEM agree

W. Alton Jones Campus to rise again, University of Rhode Island and RI DEM agree

Under an agreement approved Friday by the URI Board of Trustees, the Rhode Island Department of Environmental Management will invest in critical infrastructure and natural resource protection, enabling the campus to reopen to the community. The...

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