Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Majority closed-end mutual funds face liquidation or conversion risk under new BSEC rules
    • ‘Most Indians retire asset-rich but income poor’: Edelweiss MF’s Radhika Gupta on retirement planning, SIP resilience, lifecycle funds, and simple investing
    • BSEC conversion guidelines trigger surge in mutual funds
    • Yearly SIP account growth drops for two consecutive financial years – Money News
    • SEC delay on prediction markets ETFs has echoes of bitcoin fund battle
    • BSEC sets out rules for converting closed-end mutual funds
    • Gov’t eyes pension funds for reconstruction, but not by force
    • How to Analyze Mutual Funds and ETFs
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Durbin calls to restore public broadcasting funds after cut
    Funds

    Durbin calls to restore public broadcasting funds after cut

    September 17, 2025


    WASHINGTON, D.C. (WMBD) – Illinois’ senior U.S. Senator and Democratic Whip, Dick Durbin, met with the Corporation for Public Broadcasting on Wednesday on the impacts of the Rescissions Act of 2025, or the so-called ‘Big Beautiful Bill.’

    The bill rescinded $1.1 billion in previously appropriated funding for the more than 1,500 local media outlets that rely on CPB, which includes WTVP and WCBU in Peoria and WGLT in Normal.

    Soon after the passage of the rescissions plan in July, CPB announced it was taking steps toward a formal shutdown.

    “I sounded the alarm that these rescissions would devastate communities across the country, but especially rural areas that rely on public TV and radio for localized news, educational programming, and emergency alert services,” Durbin said.

    The long-serving senator, who is retiring at the end of his term, said he implored his colleagues to restore the funding, “which has long enjoyed overwhelming bipartisan support.”

    Since being defunded, some public media organizations have seen staff lay-offs, ended local programming and relinquished their memberships to national distributors such as PBS and NPR.

    That has not been the case with the Peoria and Normal stations. Both public media organizations have reiterated their commitment to the community and redoubled their fundraising efforts.

    Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to CIProud.com.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Gov’t eyes pension funds for reconstruction, but not by force

    May 9, 2026

    Back these energy funds – big winners from the Gulf crisis

    May 9, 2026

    Find iShares funds and ETFs

    May 7, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Majority closed-end mutual funds face liquidation or conversion risk under new BSEC rules

    May 11, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Majority closed-end mutual funds face liquidation or conversion risk under new BSEC rules

    May 11, 2026

    A major shift is unfolding in Bangladesh’s listed mutual fund sector following new regulations issued…

    ‘Most Indians retire asset-rich but income poor’: Edelweiss MF’s Radhika Gupta on retirement planning, SIP resilience, lifecycle funds, and simple investing

    May 11, 2026

    BSEC conversion guidelines trigger surge in mutual funds

    May 10, 2026

    Yearly SIP account growth drops for two consecutive financial years – Money News

    May 10, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    What Is A Mutual Fund? How They Work And How To Invest For Beginners in May 2026

    July 20, 2025

    Frenzy Over Overseas Leveraged ETFs Sparks New Rules for Koreans

    November 16, 2025

    Bitcoin price is beating risky leveraged ETFs like BITX and BITU

    July 12, 2024
    Our Picks

    Majority closed-end mutual funds face liquidation or conversion risk under new BSEC rules

    May 11, 2026

    ‘Most Indians retire asset-rich but income poor’: Edelweiss MF’s Radhika Gupta on retirement planning, SIP resilience, lifecycle funds, and simple investing

    May 11, 2026

    BSEC conversion guidelines trigger surge in mutual funds

    May 10, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.