Ebrima Santos Sanneh

The banking industry pushed Congress to pass the Fair Hiring in Banking Act as part of last year's defense spending bill. But while banks and some public interest groups hailed the move, others say it doesn't go far enough.

The Office of Financial Research proposed a rule that would give it greater transparency into non-centrally cleared bilateral repurchase agreement transactions.

Minneapolis Federal Reserve Bank President Neel Kashkari compared the recent inflation to rideshare surge pricing, and called for a new approach to gauging and modeling price pressures.

The conflict caused inflationary price swings and an exodus of Western businesses from Russia, while also making a recession more likely in 2023.

The confirmation of Martin Gruenberg to chair the Federal Deposit Insurance Corp. is the final chapter of the political fracas surrounding former chair Jelena McWilliams' departure. But it also means he could be outvoted if a Republican takes the presidency in 2024.

In a joint review published Friday, the Federal Reserve and Federal Deposit Insurance Corp. found problems with two foreign banks' bankruptcy resolution plans.

The Federal Deposit Insurance Corp. has proposed a rule to modernize representations of insured deposits and finalized guidelines for appeals of material supervisory determinations.

The acting director of the Financial Crimes Enforcement Network, Himmamauli Das, said the so-called access rule of the Corporate Transparency Act will be released by the end of the year.

The revised policy increased maximum penalties for the largest banks, outlined stronger accountability measures and expanded the OCC's authority to restrict business activities.

The New York financial regulator said the move would help the agency ensure customer protections are in place in the volatile crypto market.