Central South Dakota News

Senator Mike Rounds addresses hospital expansion, housing finance policy, and judicial nomination delays

By B. M. Severson | Sep 10, 2025

Senator Mike Rounds posted updates on September 9-10, covering Bennett County Hospital's expansion plans, support for credit risk transfer policies at federal housing agencies, and concerns over delays in confirming Ron Parsons as U.S. Attorney.

Rounds, Warner introduce bipartisan bill on reciprocal deposit rules for community banks

By B. M. Severson | Sep 10, 2025

U.S. Senators Mike Rounds (R-S.D.) and Mark Warner (D-Va.) have introduced the Keeping Deposits Local Act, a bipartisan effort aimed at updating regulations on reciprocal deposits for community and regional banks.

Rounds introduces bill aiming for longer merchant banking investment periods

By B. M. Severson | Sep 9, 2025

U.S. Senator Mike Rounds (R-S.D.), a member of the Senate Committee on Banking, Housing, and Urban Affairs, has introduced new legislation aimed at expanding the holding period for merchant banking investments from 10 to 15 years.