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The Senate voted 54-45 to confirm Kevin Warsh to lead the central bank. Warsh will take the reins from Jerome Powell, who said he will remain on the Federal Reserve Board.

The payment company will waive transaction fees totaling about $30 million for veteran-owned, farming, manufacturing or technology-based small businesses following an investigation into a 6-year-old former investment program designed for Black and minority-owned small businesses.

Lee M. Shavel is Verisk's president and chief executive officer. He brings over 30 years of experience advising and leading publicly traded companies to Verisk—determining strategies and policies, overseeing financial performance and furthering company culture.

The largest U.S. bank by assets announced a series of leadership changes affecting its global investment banking business, including three new co-heads to oversee the segment.

Samantha Russell is chief evangelist at FMG, where she helps financial advisors create digital marketing strategies that produce exponential growth through channels such as content marketing, SEO, website development, social media and video. A prolific speaker and content contributor, she is an InvestmentNews 40 Under 40 award winner, a ThinkAdvisor Luminary and a WealthManagement.com "10 to Watch."

An annual Federal Reserve survey of nearly 13,000 respondents found that households generally felt financially secure in 2025, though many cited rising prices as a lingering concern.

At its first investor forum since 2023, Affirm outlined its plans for Affirm Edge, an attempt to build broader networks for its buy now/pay later loans through bank integrations.

Milo Spirig joined Accrual in 2025. Milo spent more than a decade in fintech at Brex, Stripe, and Citibank. At Brex, Milo led product teams building corporate travel, accounts payable, and API products. Previously, at Stripe, Milo led strategic financial partnerships, focused on expanding the global footprint with card networks and financial institutions. Milo received his MBA from INSEAD and holds a BA in Financial Economics from the University of Rochester.

Siddarth Chandrasekaran co-founded Accrual in 2024. He previously served as Principal Engineer at Stripe, where he was among the first ten employees. At Stripe, Siddarth spent over eleven years designing and building financial infrastructure that moves hundreds of billions of dollars worldwide. He began his career as an early engineering intern at Twitter. Sidd is currently pursuing CPA certification. He holds a BA in Computer Science from Harvard University.

Brendan Coffey is a freelance reporter for American Banker. Coffey has spent years writing about business, markets and innovative thinkers, during which he called Carl Icahn more times than he can remember, split a bottle of wine with Gordon Getty three times and was cursed at by Leon Cooperman more than once. His prior stints include finance reporter at Sportico, founding senior reporter for Bloomberg News' billionaires news team, reporter for Forbes magazine, commodities and bond reporter at Dow Jones and freelancer for Fortune, Esquire, Barron's, Inc. and The Washington Post Magazine. Coffey graduated from Boston College Phi Beta Kappa with honors. He lives in Newburyport, Mass., and has broken only one finger playing vintage baseball.