AGP Executive Report
Last update: 10 hours agoBanking & Consumer Finance: Gov. Matt Meyer signed Delaware banking modernization bills, updating the state’s banking and money-transmission rules to better cover digital assets, virtual currency and stablecoins, while boosting consumer protections. Fraud & Enforcement: Delaware will receive more than $314,000 from a $45 million multistate Cash App settlement tied to deceptive practices and inadequate fraud protections. Energy & Rates: Delaware regulators partially rejected Delmarva Power’s rate increase request, a decision the utility says is unlawful as residents push back on rising bills. Local Government: Wilmington City Council approved an ordinance (pending Mayor John Carney) to exempt some residents—elderly, people with disabilities, and families with children under five—from water service disconnections. Small Business Growth: Delaware launched a $4.5 million Commercial Corridor Initiative offering grants for storefront and building upgrades, with awards expected to begin by late September. Public Safety: Over 900 Delawareans have used the state’s Sober Ride program since last Thanksgiving, and officials remind drivers impairment isn’t just alcohol. Workforce Education: Delaware educators were recognized for completing a Teaching REAL Lab program focused on strengthening career and technical education. Business Restructuring: Charming Charlie filed for Chapter 11 in Delaware, saying it expects to keep operating most stores during the process. Sports & Culture: The HBCU Swingman Classic brought Delaware State’s Santino Harwood to MLB All-Star Week at Citizens Bank Park, spotlighting HBCU talent for pro scouts.
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.