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Rushing to create a central bank digital currency that is not permissionless and private would be dangerous to core American principles, according to a Minnesota Republican.
December 9
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China and other countries are already working on their own central bank digital currency. Creating an American CBDC would ensure the dollar's place as a global reserve currency, a Connecticut Democrat writes.
December 9
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A former Federal Reserve official argues that current rules allow banks to begin trading in crypto assets with virtually no oversight.
December 7
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Federal law requires one Federal Deposit Insurance Corp. board member to have state bank supervisory experience, but if no one takes that requirement seriously it should be scrapped.
December 6
American Banker -
Most theories of the case for ESG investing demand that companies act in ways that are counter to the interests of their shareholders.
December 5
New York University Stern School of Business -
Protecting depositors' stablecoin holdings could be the difference between providing the economy with a new boost and creating unnecessary drag.
December 2
Roosevelt Institute, Georgia State -
Policymakers from across the ideological spectrum can work in tandem with banks to ensure every American has access to the financial tools they demand and deserve.
November 30
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Revelations about the failed cryptocurrency exchange FTX's inroads into the banking system raise important questions about how limited the crypto crash really is.
November 29
American Banker -
Feeling that your bank is truly there for you is the difference between a bank account and a banking relationship.
November 28
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Wall Street reporting has left Main Street behind and you, dear banker, should be concerned. A new book, "The Future of Business Journalism," explains why.
November 24
American Banker