Observers say that while Michael Barr may not be progressives' first choice to be the Fed's top regulator, he has gained their support given the importance of the post and the pressure of looming midterm elections. What his exact policy prescriptions and priorities in the post-Dodd-Frank world will be, however, is unclear.
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The preliminary readout from Starling Trust Sciences' report on the Silicon Valley Bank failure is an assessment of the conclusions from three previous government reviews of the episode.
September 21
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A forthcoming rule from Treasury's Financial Crimes Enforcement Network will spell out banks' obligations to identify the true identities and beneficial ownership of its clients, even as the administration eliminated most U.S. beneficial ownership reporting.
September 21
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Commercial banks have increasingly tapped the Federal Home Loan Bank System for liquidity as rising Treasury yields have made the market for deposits more competitive.
September 16
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The USA Patriot Act passed on an overwhelming bipartisan basis in the wake of the 9/11 attacks, overhauling banks' involvement in anti-money-laundering efforts.
September 10
