In the News

A developer in Van Buren County is scheduled to begin work next week on a $5 million residential development in Fairfield Bay — the biggest home development the city has seen in more than 25 years. U.S. Sen. John Boozman, R-Ark.; U.S Rep. French Hill, R-Ark; Lt. Gov. Tim Griffin; and state Sen. Missy Irvin, R-Mountain View, are expected to attend a groundbreaking event Tuesday… Read more »

River silt and road erosion seem unlikely topics for a luncheon at the Country Club of Little Rock, but The Nature Conservancy likes to celebrate its environmental successes in style. The Sept. 30 gathering took place the day after the The Nature Conservancy and BHP Billiton -- a multinational mining, metals and petroleum company headquartered in Melbourne, Australia -- announced the… Read more »

U.S. Rep. French Hill gave his latest Golden Fleece Award to the National Institutes of Health, challenging its decision to spend money studying drunken college students' eating habits. In a letter to the agency's director, Dr. Francis S. Collins, Hill questioned the decision to spend $50,000 on the study. "Other studies have also raised concerns, such as the $1.5 million… Read more »

Hill admonishes Wells Fargo CEO U.S. Rep. French Hill told Wells Fargo CEO John Stumpf that he was surprised and disappointed by news of the company's 2 million fake accounts, created by employees under pressure to meet sales goals. "I've been a customer of your company, and I've admired your company and I've used your company as an example for my own businesses in… Read more »

Wells Fargo CEO John Stumpf is back in Washington's hot seat Thursday -- but this time, he's testifying in front of the House Financial Services Committee. Stumpf's opening testimony was largely similar to that which he gave to the Senate banking committee last week, though he came prepared with two new pieces of penance: the clawback of $41 million of his unvested equity awards,… Read more »

John Stumpf walked into a firing line Thursday when he appeared before lawmakers who were furious over revelations that Wells Fargo & Co. may have opened 2 million customer accounts that were fictitious or unauthorized. Attacks from members of the House Financial Services Committee ranged from implying that he sold shares in 2013 because he knew the scandal would tank the stock to… Read more »

Averting an election-year crisis, Congress late Wednesday sent President Barack Obama a bill to keep the government operating through Dec. 9 and provide $1.1 billion in long-delayed funding to battle the Zika virus. Read more »

Averting an election-year crisis, Congress late Wednesday sent President Barack Obama a bill to keep the government operating through Dec. 9 and provide $1.1 billion in long-delayed funding to battle the Zika virus. The House passed the measure by a 342-85 vote just hours after a 72-26 bipartisan Senate tally. Arkansas' two senators and four representatives, all Republicans, voted to… Read more »

Wells Fargo & Co. Chief Executive John Stumpf took quite a beating when he appeared last week before a Senate committee. Now, it's time for Round 2: He goes before the House Financial Services Committee to talk about his bank's allegedly "widespread illegal" sales practices Thursday. "You ought to be downright ashamed of yourself," Rep. David Scott (D,… Read more »

Wells Fargo CEO John Stumpf is back in Washington’s hot seat Thursday — but this time, he’s testifying in front of the House Financial Services Committee. Stumpf’s opening testimony was largely similar to that which he gave to the Senate banking committee last week, though he came prepared with two new pieces of penance: the clawback of $41 million… Read more »