AGP Executive Report
Last update: 9 hours agoFed Chair Shuffle: Jerome Powell’s term ended May 15, and his blunt warning about how the Fed treats equity valuations is already rattling Wall Street as Kevin Warsh takes over. Education & Workforce: Salve Regina is rolling out a new bachelor’s in tourism, hospitality, and event management, plus fresh minors and post-master certificates for fall 2026. Health Spending Watch: Medicaid bills keep climbing in Rhode Island’s towns—North Kingstown’s alcohol and drug treatment jumped to $2.62M in 2024, while North Providence’s “state agency” code spending rose 8.7% and Johnston’s evaluation & management payments rose 7.4%. Local Politics: Providence’s rent stabilization fight hit a wall again—council failed to override Mayor Smiley’s veto, falling short of the 10 votes needed. Accountability Push: A bipartisan push for an independent Rhode Island inspector general is gaining momentum as House Speaker Chris Blazejewski backs the idea.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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