Newsroom

Federal and state banking regulators released guidance on Tuesday outlining their approach to examination and supervision of the banking industry as the economy struggles to deal with fallout from the COVID-19 pandemic, highlighting a focus on "consistency and flexibility." The joint release said that given the "unique, evolving, and potential long-term nature" of the COVID-19 pandemic's impact on the financial services industry, banking supervisors will "exercise appropriate flexibility in their supervisory response." The document was released by the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration and state regulators.

A woman in West Virginia is charged with TennCare fraud for allegedly claiming to live in Tennessee in order to obtain TennCare healthcare insurance benefits.

TDMHSAS is receiving almost $1,000,000 from the federal government to support the mental health needs of Tennesseans living through the COVID-19 pandemic.

NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 7.25 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 3.25 percent as published by the Federal Reserve on June 22, 2020.

NASHVILLE – Tennesseans working to obtain a high school equivalency diploma can now take their exams at home via a new online program, HiSET Exam at Home. This program makes the test accessible to adult learners while many testing centers are closed due to COVID-19.

After deliberate negotiations, the Legislature passed a fiscally responsible spending plan centered around Gov. Bill Lee’s proposal earlier this month.

STATEWIDE – As the world continues to deal with the COVID-19 virus, the Tennessee Department of Correction offender population has stepped up to do its part to help Tennesseans across the state.

Nashville, Tenn. – Tennessee Governor Bill Lee’s Economic Recovery Group (ERG) has developed the TN Strong Mask Movement, partnering with more than 30 flagship brands to distribute close to 300,000 free or low-cost cloth face coverings, at a projected value of more than $3 million, across the state. Now, residents can stay safe while wearing brands synonymous with Tennessee from the worlds of sports, education, and business.

NASHVILLE – Tennessee’s statewide unemployment rate for May 2020 dropped by 4.2 percentage points from the record high set in April, according to data released by the Tennessee Department of Labor and Workforce Development.

State financial regulators stood up a COVID-19 Recovery Steering Group to guide multistate efforts to respond to the personal hardships and financial infrastructure risks caused by the global pandemic. The steering group will work through the Conference of State Bank Supervisors (CSBS).

The only way you can hunt elk in Tennessee is to win a quota hunt or the TN Conservation Raffle and both opportunities are now available for entry! There’s lots of great reasons to want to hunt elk in Tennessee, but here’s a few that we wanted to highlight.

Firefighters with the Tennessee Department of Agriculture’s Division of Forestry deployed this week to help fight fires affecting the western United States.

Tennessee New Unemployment Claims Filed week ending on June 13, 2020