STREETS grant

The City of Boise announced it was not selected for a $5 million federal STREETS grant. The funding would have supported local projects under the federal program, and the city shared the outcome publicly on its official site. No details were given on why the application was unsuccessful or whether the city plans to reapply in future funding rounds.

Health and Human Services Secretary Robert F. Kennedy Jr. has announced that eight communities will receive a combined $96 million through the new STREETS program. The funding marks the first round of grants under the initiative, which the department says is aimed at supporting community-level services, including efforts tied to mental health and substance use support.

Community banks are publicly opposing Trump-era banking regulators' moves to approve crypto-focused charters, according to a Wall Street Journal report. The banks argue that granting federal charters to digital-asset firms threatens deposit levels and creates unfair competition with less-regulated players. The dispute marks a rare clash between traditional community lenders and an administration otherwise seen as friendly to crypto, with implications for how digital-asset companies gain access to the banking system.

Community banks are mounting opposition to regulators in the Trump administration over plans to approve crypto-focused charters, according to a Wall Street Journal report. The banks argue the move would favor digital-asset firms and create uneven competition, adding a new fault line to the ongoing fight in Washington over how far regulators should go in embracing cryptocurrency companies within the traditional banking system.