politics

Boris Johnson, US Discuss Banning Russia from SWIFT
Boris Johnson, US Discuss Banning Russia from SWIFT
January 25, 2022  |  International

British Prime Minister Boris Johnson is considering banning Russia from the SWIFT global payments system, and is in discussions with the U.S. about the matter,...

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Biden to Nominate Raskin for Top Fed Banking Regulator Position
Biden to Nominate Raskin for Top Fed Banking Regulator Position
January 13, 2022  |  Personnel

President Joe Biden will nominate Sarah Bloom Raskin to be top banking regulator for the Federal Reserve, The Wall Street Journal (WSJ) reported Thursday (Jan....

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FDIC Chairman McWilliams Resigns Over Policy Clashes
FDIC Chairman McWilliams Resigns Over Policy Clashes
January 02, 2022  |  Politics

Jelena McWilliams, a Trump-era appointee banking regulator, has resigned as of Friday (Dec. 31), per a Financial Times report. This will offer the new Biden...

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Biden Considering Sarah Bloom Raskin to Take Top Fed Banking Spot
Biden Considering Sarah Bloom Raskin to Take Top Fed Banking Spot
December 28, 2021  |  Politics

The Biden administration is considering former Fed governor Sarah Bloom Raskin for a top position at the Federal Reserve. As the Wall Street Journal reported...

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Sen Lummis’ Christmas Present to Crypto: Clear Regulation in the New Year
Sen Lummis’ Christmas Present to Crypto: Clear Regulation in the New Year
December 27, 2021  |  Cryptocurrency

Senator Cynthia Lummis plans to give the crypto industry the Christmas present it wants. Late last week, the Wyoming Republican revealed plans to introduce a...

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Lawmakers Press Biden to Push Big Tech Regs
Lawmakers Press Biden to Push Big Tech Regs
December 26, 2021  |  Big Tech

President Joe Biden is facing pressure to get more into the fight over regulating social media and online platforms, The Wall Street Journal reports. Both...

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Bank Chief Says Russia Anticipates Staying Connected to SWIFT
Bank Chief Says Russia Anticipates Staying Connected to SWIFT
December 19, 2021  |  International

The Russian financial system could survive even if disconnected from the global SWIFT interbank payment system, according to the head of the country’s VTB Bank,...

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Biden Signs Executive Order on Streamlining Various Government Processes
Biden Signs Executive Order on Streamlining Various Government Processes
December 13, 2021  |  Politics

U.S. President Joe Biden signed an executive order on Monday (Dec. 13), making it so 17 government agencies will now have to make it easier...

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Saule Omarova, Biden’s Nominee to Regulate Big Banks, Withdraws Bid to Head OCC
Saule Omarova, Biden’s Nominee to Regulate Big Banks, Withdraws Bid to Head OCC
December 07, 2021  |  Bank Regulation

After two months of hand-wringing and criticism from the financial industry and political opponents who feared President Biden’s nominee to oversee the nation’s top banks...

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