Katanga Johnson

The Federal Reserve proposed requiring payment stablecoin issuers to maintain an effective customer identification program designed to curb illicit activities, the latest step from US regulators embracing digital assets.

All of the biggest US banks cleared the Federal Reserve’s annual stress test, setting the stage for lenders to boost buybacks and dividends.

The Federal Reserve proposed changes to anti-money laundering requirements for banks, the latest step by US regulators looking to zero in on what they see as core financial risks.

Federal Reserve Vice Chair for Supervision Michelle Bowman says lenders are more in tune with the risks tied to innovation and should be allowed to decide when to adopt new technologies like artificial intelligence.

(Bloomberg) -- Polymarket bets on the likelihood that some of the biggest names in banking, including Wells Fargo & Co., JPMorgan Chase & Co. and

Federal Reserve Vice Chair for Supervision Michelle Bowman warned banks on Tuesday to buffer their systems against artificial intelligence threats while emphasizing the technology can benefit lenders.

Federal Reserve Vice Chair for Supervision Michelle Bowman warned banks on Sept. 29 to buffer their systems against artificial intelligence threats while emphasizing the technology can benefit lenders.

The Federal Reserve voted to finalize its stress tests in a major victory for Wall Street’s lending giants.

A US regulator said nine large lenders imposed policies that “denied, debanked and discriminated” against some customers and business, building on an initial finding after President Donald Trump called to rein in such activities.

The Federal Reserve’s top bank cop says a new review of Silicon Valley Bank’s failure justifies an overhaul of supervision, emphasizing that uncertainty and a lack of accountability from officials impeded timely action ahead of the lender’s 2023 collapse.