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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.

U.S. Food and Drug Administration
National

FDA Approves Crenessity for Treating Classic Congenital Adrenal Hyperplasia

December 17, 2024December 17, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The U.S. Food and Drug Administration (FDA) has approved Crenessity (crinecerfont) for use alongside glucocorticoids in managing classic congenital adrenal hyperplasia (CAH) in patients aged four and older. …

FDA Approves Crenessity for Treating Classic Congenital Adrenal Hyperplasia Read More

Funds
National

FTC Issues Refunds to Victims of Abusive Debt Collection Practices

December 17, 2024December 17, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has announced the distribution of more than $540,000 in refunds to 1,625 individuals targeted by unlawful debt collection practices. Each affected consumer is …

FTC Issues Refunds to Victims of Abusive Debt Collection Practices Read More
Real estate agent
National / Real Estate

2025 Housing Forecast Reveals Surprising Trends in Home Prices and Mortgage Rates

December 17, 2024December 16, 2024 - by Timothy Alexander

SEATTLE, PA — Mortgage rate trends will continue to play a significant role in shaping the housing market in 2025, according to Zillow’s latest forecast. The report anticipates modest improvements …

2025 Housing Forecast Reveals Surprising Trends in Home Prices and Mortgage Rates Read More

Federal Trade Commission
National

FTC Halts Fraudulent Student Loan Debt Scheme

December 17, 2024December 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has taken decisive action against a Nevada-based student loan debt relief operation, alleging it defrauded consumers through false claims and illegal practices. A …

FTC Halts Fraudulent Student Loan Debt Scheme Read More
Mortgage denied
National

Mortgage Market Meltdown: Skyrocketing Costs Slam Borrowers as Lending Craters

December 17, 2024December 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau’s (CFPB) 2023 annual report on residential mortgage lending highlights a sharp decline in mortgage activities and rising costs for borrowers. The report, based …

Mortgage Market Meltdown: Skyrocketing Costs Slam Borrowers as Lending Craters Read More

Internal Revenue Service (IRS)
National

IRS Strategic Operating Plan Achieves Billions in Recoveries, Enhances Taxpayer Support

December 17, 2024December 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has provided a quarterly update to its Strategic Operating Plan, outlining pivotal milestones in enforcement, taxpayer services, and digital transformation, aimed at modernizing …

IRS Strategic Operating Plan Achieves Billions in Recoveries, Enhances Taxpayer Support Read More
cash, money, funds
National

CFPB Closes Overdraft Loophole, Saves Consumers Billions

December 16, 2024December 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has finalized a new rule aimed at reforming overdraft practices at large financial institutions. This action targets banks and credit unions with …

CFPB Closes Overdraft Loophole, Saves Consumers Billions Read More

Banknotes
National

FTC Begins $72 Million Refund Distribution to Fortnite Players

December 16, 2024December 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) announced that it has commenced the distribution of refunds totaling over $72 million to consumers affected by deceptive practices employed by Epic …

FTC Begins $72 Million Refund Distribution to Fortnite Players Read More
Consumer Financial Protection Bureau
National

CFPB Penalizes Performant Recovery for Unlawful Debt Collection Practices

December 16, 2024December 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken decisive action against Performant Recovery, Inc. for engaging in unlawful practices involving student loan debt collections. Performant’s actions caused significant …

CFPB Penalizes Performant Recovery for Unlawful Debt Collection Practices Read More
Older adults
National

IRS Issues Reminder on Required Minimum Distributions and Highlights SECURE 2.0 Act Updates

December 16, 2024December 16, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Internal Revenue Service (IRS) has issued a notice to retirement account owners aged 73 and older, reminding them of the deadline to take required minimum distributions (RMDs) …

IRS Issues Reminder on Required Minimum Distributions and Highlights SECURE 2.0 Act Updates Read More

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