The National Flood Insurance Program has been without a long-term reauthorization for five years, and it seems poised to stay that way after its first congressional hearing since 2019. 

Researchers may now have more leeway in helping banks uncover vulnerabilities to their systems, but legal gray areas remain.

The number of acquisition announcements in April was less than half the level of a year earlier. Experts attribute this to stock market weakness, higher interest rates and elevated regulatory scrutiny.

The invasion drew unprecedented sanctions and withdrawals from dozens of powerful payment firms. The conflict demonstrates how a financial response can be as devastating as a military one — on both sides.

Clients of neobanks have more difficulty reaching service representatives than those of direct banks. Several firms are trying to change that.

Acting Comptroller of the Currency Michael Hsu said the recent collapse of TerraUSD suggests that prudential rules for stablecoin could prevent similar events in the future.