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National

MyChesCo is committed to keeping our readers informed about the latest national news. We work hard to provide stories that are relevant to our local audience. Our National News section is updated daily, so you can be sure you’re always up-to-date on the latest developments. In addition to National News, you can also find sections for Local News, Sports, Business, and more. MyChesCo.com is your one-stop shop for all the news that affects your life in Chester County. Whether it’s politics, business, or entertainment, MyChesCo has you covered.

Renewable energy
National

Treasury and IRS Finalize Regulations on Clean Energy Wage Requirements

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) have finalized regulations on prevailing wage and apprenticeship (PWA) requirements tied to enhanced credit or deduction …

Treasury and IRS Finalize Regulations on Clean Energy Wage Requirements Read More

Consumer Financial Protection Bureau (CFPB)
National

Crackdown on Reverse Mortgage Servicers: A Victory for Aging Homeowners

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has brought the hammer down on a major reverse mortgage servicing operation. This decisive action follows a concerning discovery by the …

Crackdown on Reverse Mortgage Servicers: A Victory for Aging Homeowners Read More
Internal Revenue Service (IRS)
National

IRS Clarifies Tax Rules for Employer-Provided Educational Assistance

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released new guidance on the tax treatment of educational assistance programs, providing clarity for both employers and employees. These frequently asked …

IRS Clarifies Tax Rules for Employer-Provided Educational Assistance Read More

Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market
National

CFPB Seeks $3.95 Million Penalty from Freedom Mortgage for Inaccurate Data Reporting

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) is taking action against Freedom Mortgage Corporation, a major mortgage lender, for repeatedly submitting error-filled mortgage loan data to federal regulators. …

CFPB Seeks $3.95 Million Penalty from Freedom Mortgage for Inaccurate Data Reporting Read More
Internal Revenue Service (IRS)
National

IRS Cracks Down on Abusive Partnership Transactions with New Measures

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has unveiled a series of new initiatives aimed at curbing abusive partnership transactions that enable wealthy taxpayers to evade paying their fair …

IRS Cracks Down on Abusive Partnership Transactions with New Measures Read More

Dogs
National

FDA Approves First Generic Animal Drug for Itching and Cough Relief in Dogs

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Food and Drug Administration (FDA) has approved the first generic version of the animal drug Temaril-P, offering a new option for pet owners and veterinarians. Trimeprazine …

FDA Approves First Generic Animal Drug for Itching and Cough Relief in Dogs Read More
Consumer Financial Protection Bureau
National

CFPB Reaches Settlement with Couple Over Fraudulent Transfers

June 24, 2024June 24, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken significant steps to hold James R. Carnes and Melissa C. Carnes accountable for their attempt to avoid paying restitution …

CFPB Reaches Settlement with Couple Over Fraudulent Transfers Read More

Real estate
National / Real Estate

Soaring Down Payments Challenge U.S. Homebuyers

June 24, 2024June 23, 2024 - by Timothy Alexander

SEATTLE, WA — A new analysis from Zillow® reveals that to comfortably afford a typical home in the U.S., the median-income homebuyer needs nearly $127,750 for a down payment. This …

Soaring Down Payments Challenge U.S. Homebuyers Read More
Real estate
National / Real Estate

U.S. Home Flipping Rates Rise in First Quarter of 2024

June 24, 2024June 23, 2024 - by Timothy Alexander

IRVINE, CA — The latest U.S. Home Flipping Report from ATTOM reveals that home flipping activity surged in the first quarter of 2024. A total of 67,817 single-family homes and …

U.S. Home Flipping Rates Rise in First Quarter of 2024 Read More
Syringes without protective cover
National

FDA Issues Recall for Unauthorized Chinese-Made Syringes

June 23, 2024June 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The FDA announced on Thursday that Cardinal Health is recalling kits containing unauthorized plastic syringes made by Jiangsu Shenli Medical Production Co Ltd. The recall involves Merit …

FDA Issues Recall for Unauthorized Chinese-Made Syringes Read More

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