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What's up
  • [ December 16, 2025 ] Latest new bank — this one in Ohio — will focus on virtual currency market, among other things FDIC
  • [ December 16, 2025 ] Rule would establish stablecoin issuance application procedure for banks, as required by GENIUS Act FDIC
  • [ December 16, 2025 ] DOGE cuts to FDIC workforce live on in ’26 operating budget, which decreases by 16.4% FDIC
  • [ December 16, 2025 ] OCC system risk report emphasizes innovation; economic, cyber risks eyed OCC
  • [ December 15, 2025 ] Mortgage holders staying current on loans, but foreclosures on the rise, report shows OCC
HomeJerome Powell

Jerome Powell

The Fed

Powell reiterates need for stronger supervision, regulation of banks of SVB’s size

July 3, 2023 0

The need to strengthen supervision and regulation of banks of the size of the failed Silicon Valley Bank (SVB) was reiterated by the chief of the nation’s central bank in recent remarks before a financial […]

No Picture
The Fed

Four sworn in to Fed Board terms; Powell’s and Brainard’s terms as chair, vice chair last into 2028 and 2026

May 23, 2022 0

Jerome. H. (“Jay”) Powell and Lael Brainard were sworn in Monday to terms as chair and vice chair of the Federal Reserve Board Monday, the Fed announced, noting also the swearing in of Lisa D. […]

The Fed

Fed nominees Powell, Brainard highlight inflation in citing top priorities

November 22, 2021 0

Jerome Powell and Lael Brainard’s remarks upon being designated the president’s nominees for Federal Reserve chair and vice chair highlighted numerous priorities ahead that include, among others, reining in inflation. “We know that high inflation […]

Today

  • Latest new bank — this one in Ohio — will focus on virtual currency market, among other things

    December 16, 2025 0
    A newly chartered bank for Columbus, Ohio — which will focus on financial products for businesses and individuals in the technology, payment systems, investment, and defense industries, including virtual currency market participants — was approved for federal deposit insurance Tuesday, [...]
  • Rule would establish stablecoin issuance application procedure for banks, as required by GENIUS Act

    December 16, 2025 0
    Banks wishing to issue payment stablecoins would need to follow an application procedure outlined in a proposed rule issued Tuesday by the board of the federal bank deposit insurance agency. The proposal, if finalized, would execute application provisions contained in [...]
  • DOGE cuts to FDIC workforce live on in ’26 operating budget, which decreases by 16.4%

    December 16, 2025 0
    A 16.4% decrease in the budget for 2026 of the federal bank deposit insurance agency is attributable to staffing cuts made at the beginning of the year in line with White House demands, the agency said Tuesday. According to the [...]
  • OCC system risk report emphasizes innovation; economic, cyber risks eyed

    December 16, 2025 0
    The importance of innovation in banking is given “special topic” attention in the national banking regulator’s semiannual risk perspective report, which also provides updates on the industry’s credit, market, cybersecurity and fraud risks. The report, released Tuesday by the Office [...]
  • Mortgage holders staying current on loans, but foreclosures on the rise, report shows

    December 15, 2025 0
    Consumers are holding their own with their mortgages as banks reported 97.4% current and performing at the end of the third quarter – which was the same level a year ago, the Office of the Comptroller of the Currency (OCC) [...]

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