Financial Researcher: Missourians could see increase in credit card fraud under Hawley's proposed credit card regulations
Glenn Grossman, the director of research at financial advisory firm Cornerstone Advisors, said the pending federal “Credit Card Competition Act of 2023” (CCCA), co-sponsored by U.S. Sen. Josh Hawley (R-Mo.), could lead to an increase in credit card fraud.
St. Louis Carjacker Sentenced to 105 Months in Prison
ST. LOUIS – A man involved in a 2022 carjacking incident has been sentenced to 105 months in prison by U.S. District Judge Sarah E. Pitlyk. The sentencing took place on Thursday in relation to the case that unfolded on July 7, 2022, outside a Family Dollar store in Jennings.During the incident, the carjacker, identified as La’Vontray Hayes-Williams, brandished a handgun and demanded the vehicle from the driver by saying, "give me the car." Subsequently, he fled the scene with his girlfriend in a 2018 Nissan Sentra, triggering a high-speed chase that spanned nearly ten...
St. Louis County Man Sentenced to 160 Months in Prison for Gun and Methamphetamine Possession
U.S. District Judge Stephen R. Clark handed down a significant sentence of 160 months in prison to Antwon Fulton, a convicted felon found in possession of a rifle and methamphetamine. Fulton, 33, from St. John, Missouri, was traveling as a passenger in a vehicle that caught the attention of St. Louis Metropolitan Police Department officers due to its missing front license plate and expired temporary license tag on the rear.During the stop on May 6, 2021, a Chinese SKS semi-automatic rifle and a bag containing 27.05 grams of methamphetamine were discovered in the vehicle....
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Hazelwood Company Owner Admits Contract Fraud
St. Louis – The owner of a steel company in Hazelwood, Missouri, Theodore J. "Ted" Stegeman, 60, has pleaded guilty to committing fraud during a repair project for a Mississippi River lock and dam. According to Stegeman's plea agreement, he admitted to falsely claiming that a part manufactured by his company passed safety tests during the project.Stegeman's company, Industrial Steel Fabrication LLC (ISF), was a subcontractor on a project to repair Lock and Dam No. 25 on the Mississippi River. The government emphasized the critical nature of the components fabricated by...
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Finance Analyst: Hawley-sponsored credit card regulations are ‘bad policy’
A national monetary and financial markets analyst said that credit card regulations sponsored by U.S. Sen. Josh Hawley (R-Mo) are “bad policy” that will result in higher prices for consumers.
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Missouri Health Care Reform Group: ‘It’s critical that Missourians have access to affordable healthcare’
Connie Farrow, executive director of the newly formed group, Patients Come First Missouri (PCF-MO), says that she became involved with the organization to advocate for patient-centered decision-making and ensure that Missouri residents have access to affordable healthcare.
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Health Policy Analyst: ‘Lack of transparency and accountability’ in federal program that provides drug discounts to Missouri hospitals
A national healthcare policy analyst said “we don’t actually know” if drug discounts are being passed to patients by Missouri hospitals participating in a federal drug discount program.
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MO Health Care Reform Group: Lack of transparency in 340b program is concerning
Connie Farrow, executive director of Patients Come First-Missouri, said lack of transparency in the federal 340b health care program is a “known concern.”
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Missouri patients serviced by hospitals in 340b drug program should ‘absolutely’ be concerned they’re not receiving savings, says health researcher
A national health policy analyst said Missouri patients served by a hospital participating in the federal 340b drug program should “absolutely” be concerned the drug savings aren’t being passed along to them.
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Director of Patients Come First Missouri: ‘Our healthcare system doesn’t work for Missouri patients and families’
Connie Farrow, the executive director of newly-formed group, Patients Come First Missouri (PCF-MO), said that the “healthcare system doesn’t work for Missouri patients and families.”
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Child care tax credit package moves forward in Senate
The Senate Governmental Accountability Committee has advanced a groundbreaking legislative package aimed at enhancing the capacity of child care providers and facilitating businesses in offering child care benefits to bolster employee retention and recruitment. The bill, HB 1488 sponsored by Rep. Brenda Shields (R-St. Joseph) and its Senate companion, SB 742 sponsored by Sen. Lauren Arthur (D-Kansas City), are now awaiting action by the full Senate after gaining committee approval.Kara Corches, vice president of governmental affairs for the Missouri Chamber, emphasized...
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Missouri Chamber supports tax credits for critical mineral mining
The Missouri Chamber of Commerce and Industry is backing a bill that would help spur economic development and decrease U.S. dependence on foreign microchip and energy production."It’s not only needed, but absolutely vital for the future of the United States," said Rep. Aaron McMullen, sponsor of HB 1834, also known as the Missouri Defense and Energy Independence Act. "There are certain critical materials in the U.S. defense effort that are critical to the U.S. economy that are currently being processed and made by foreign, adversarial governments. If these certain...
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Fast Track modification would help more adults train for high-demand jobs
The Missouri Chamber of Commerce and Industry is advocating for a significant modification to the state's Fast Track program aimed at enabling more adults to pursue higher education and advanced job training opportunities.Championed by the Missouri Chamber, the Fast Track program was enacted in 2019 to address workforce needs by incentivizing adults to seek certificates, degrees, or apprenticeships in high-demand job fields. The proposed modification, Senate Bill 1056, sponsored by Sen. Rusty Black, seeks to broaden eligibility for the Fast Track Workforce Incentive...
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Missouri Chamber supports improvements to popular tax credit program
The Missouri Chamber of Commerce and Industry is backing a bill that seeks to enhance the Missouri Works program, a key tax credit initiative in the state. The proposed legislation, SB 1301, sponsored by Sen. Jason Bean, aims to streamline the program by consolidating the limits for withholding taxes and tax credits into a single cap.Under the current system, the Missouri Works program has separate limits for tax credits and withholding taxes, totaling $181 million in benefits per fiscal year. The new bill would remove these separate caps and introduce a unified cap of...