AGP Executive Report
Last update: 5 hours agoFederal Reserve Transparency: Rhode Island Sen. Jack Reed joined a group of Democratic lawmakers urging Fed Chair Kevin Warsh to disclose any calls with President Donald Trump, arguing Fed independence depends on transparency. Energy Regulation: Rhode Island’s Public Utilities Commission approved about $170M in bill credits for Rhode Island Energy and rejected parts of the utility’s rate hike request, including keeping the allowed return on equity at 10.75%. Housing & Taxes: Owners of high-value non-owner-occupied properties sued Rhode Island to block the new Non-Owner Occupied Property Tax, seeking refunds ahead of the Sept. 15 installment. Local Economy & Infrastructure: Electric Boat broke ground on a new Waterford training campus at the former Crystal Mall site, targeting thousands of new jobs and a major expansion of its welding and learning capacity. Consumer & Payments: Walmart begins rolling out Apple Pay nationwide via a phased schedule, with Rhode Island included in the Oct. 12 rollout window. Public Health: Brickyard Pond in Barrington reopened after a harmful algae bloom cleared, while officials warned residents to avoid Georgiaville Pond. Business Growth: Del’s Lemonade expanded further into Maine, bringing its fruit-forward frozen treats to new customers.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.