Tuesday Sep 24, 2024
Nebraska’s TIF Misuse, EU Antitrust Inspections, and US Mineral Security Initiative
Nebraska state auditor reveals over $650,000 in excess tax increment financing, prompting calls for legislative reform. The European Commission conducts antitrust inspections at financial services firms, signaling a crackdown on anticompetitive practices. Meanwhile, the US establishes a minerals-security finance network to counter China's dominance in critical minerals. Plus, Notre Dame's ambitious housing project passes its first hurdle, promising economic revitalization in South Bend.
Sources:
https://www.ketv.com/article/nebraska-state-auditor-investigation-excess-tax-increment-financing/62336621
https://www.pymnts.com/antitrust/2024/european-commission-announces-antitrust-inspections-of-unnamed-financial-services-companies/
https://www.scmp.com/news/china/article/3279674/us-targets-chinas-rare-earths-dominance-minerals-security-finance-network
https://www.wndu.com/2024/09/23/plans-finance-housing-project-notre-dames-northern-edge-pass-first-hurdle/
Outline:
(00:00:00) Introduction
(00:00:43) Nebraska state auditor investigation finds excess tax increment financing
(00:02:41) European Commission Announces Antitrust Inspections of Unnamed Financial Services Companies
(00:06:06) US targets China’s rare earths dominance with minerals-security finance network
(00:08:33) Plans to finance housing project on Notre Dame’s ‘Northern Edge’ pass first hurdle