Rain

Built World

Will operate senior center services at Edenwald

A senior center closed for more than 20 years at Edenwald Houses in the Bronx reopened on October 22, 2026. The $8.1 million renovation restored community, senior and child care centers at NYCHA's largest Bronx development, home to nearly 5,000 residents. New York YIMBY reported on October 27 that the work is finished.

Updated Oct 29

Rule Changes

Applied for national trust bank charter

A trade group for community banks sued the U.S. banking regulator on Oct. 2 over federal trust charters granted to crypto firms. The Independent Community Bankers of America says the Office of the Comptroller of the Currency has exceeded its authority under the National Bank Act.

Updated Oct 21

Money Moves

As of September 2026: Anchor borrower on Credit Coop's facility since 2023

Visa's stablecoin-linked card programs grew payment volume nearly 200% year over year, and their settlement run rate just passed $20 billion at an annualized pace. Those programs must fund daily settlement obligations before cardholders repay them, a working-capital gap that bank credit lines were too slow and too rigid to fill.

Updated Sep 9