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A service for political professionals · Tuesday, June 10, 2025 · 820,942,206 Articles · 3+ Million Readers
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  • Published on 21:21 GMT

    Former FDIC chair fears deregulation could spur new crisis

      Sheila Bair, former chair of the Federal Deposit Insurance Corp., in 2023. Bloomberg News The former Chair of the Federal Deposit Insurance Corp. Tuesday said she is concerned that the current push to deregulate banks could lead to a calamity in the …

    Source: American Banker - New York - Neutral
  • Published on Jun 9, 2025

    FDIC sends draft leverage ratio rule to OIRA for review

    The Federal Deposit Insurance Corp. Friday submitted a draft rule to the Office of Information and Regulatory Affairs — a branch of the Office of Management and Budget that now reviews FDIC regulations — that would modify rules for banks' supplementary …

    Source: American Banker - New York - Neutral
  • Published on 14:48 GMT

    Crypto Wades Into New Jersey Governor Race With Big Sean and Crudités

    As cryptocurrency boosters snacked on cold cuts and crudités inside a darkened Jersey City music venue last week, three candidates for New Jersey governor took the stage to pledge their support for the industry. “Jersey is too expensive. We’ve got to get …

    Source: The Intercept - Left-wing
  • Published on Jun 9, 2025

    FDIC insured banks net $70B in first quarter

    WASHINGTON — In the first quarter 2025, FDIC-insured depository institutions reported a return on assets (ROA) ratio of 1.16% and aggregate net income of $70.6 billion, an increase of $3.8 billion (5.8%) from the prior quarter. An increase in noninterest …

    Source: The Lane Report - Kentucky - Neutral
  • Published on 13:00 GMT

    How DOGE could shrink federal housing spending

    Enjoy complimentary access to top ideas and insights — selected by our editors. As the Trump Administration looks for cost savings at HUD and FHFA, they are learning that things that seem easy to achieve on the surface can be far more complex in practice. …

    Source: National Mortgage News - Pending
  • Published on Jun 9, 2025

    FDIC releases list of recent enforcement actions

    On May 30, the FDIC published a list of administrative enforcement actions taken against banks and individuals during the month of April as well as two decisions from 2024 that were omitted from previous FDIC publications. The list includes 14 orders and …

    Source: JD Supra - California - Neutral
  • Published on Jun 9, 2025

    Advanced Flower Capital Expands Revolving Credit Facility with $20 Million Additional Commitment from Existing FDIC-...

    WEST PALM BEACH, Fla., June 09, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC”) today announced that it has expanded its senior secured revolving credit facility (“Credit Facility”) to $50 million with an additional $20 million …

    Distribution channels:
  • Published on 12:00 GMT

    GraniteShares 2x Long MSTR Daily ETF (MSTP), and 2x Short MSTR Daily ETF (MSDD) Launch.

    New York, June 10, 2025 (GLOBE NEWSWIRE) -- GraniteShares, a provider of exchange traded funds (ETFs), today announced the launch of two new leveraged single-stock ETFs: GraniteShares 2x Long MSTR Daily ETF (NASDAQ: MSTP), and GraniteShares 2x Short MSTR …

    Distribution channels: Banking, Finance & Investment Industry ...
  • Published on 10:10 GMT

    Best money market account rates today, June 10, 2025 (Earn up to 4.41% APY)

    Find out which banks are offering the top rates. Money market accounts (MMAs) can be a great place to store your cash if you're looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs …

    Source: Yahoo Finance - Center-left
  • Published on 09:56 GMT

    Here are 6 of the easiest ways you can catch up on retirement savings

    Lopolo / Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. So, you’ve left planning for your golden years to the mid-century mark — don’t worry. You’re not the only one. About 20% of …

    Source: Yahoo Finance - Center-left
  • Published on Jun 9, 2025

    Some of the costliest bank failures have one thing in common

    When Pulaski Savings Bank went belly up in January, the Federal Deposit Insurance Corp. said that it suspected fraud. The small, Chicago-based lender hadn't recorded positive core earnings since 2005, according to a recent post-mortem by the FDIC …

    Source: American Banker - New York - Neutral
  • Published on Jun 9, 2025

    High-yield savings vs. CDs: What smart savers need to know ahead of next week's Fed decision

    It's no secret that savings rates have fallen from last year's record rates following the Federal Reserve's back-to-back rate cuts in 2024. Yet with the Fed expected to hold benchmark interest rates unchanged for a fourth time next week, now…

    Source: AOL - Pending
  • Published on Jun 9, 2025

    Bank-owned properties: What are they and where can I find them?

    Key takeaways Homes can become bank-owned properties if the homeowner defaults on their mortgage and the bank forecloses. Bank-owned properties may also be referred to as real estate owned, or REO for short. Listings for these properties can often be found …

    Source: AOL - Pending
  • Published on Jun 9, 2025

    Bowman sworn in as Fed vice chair for supervision

    Federal Reserve Board Chair Jerome Powell, left, swears in Fed Vice Chair for Supervision Michelle Bowman, right.Federal Reserve Board Michelle Bowman was sworn in as the Federal Reserve's top regulator Monday afternoon, opening the door for her to …

    Source: American Banker - New York - Neutral
  • Published on Jun 9, 2025

    Senate Republicans would cut off CFPB funding from Fed

    The Senate Banking Committee’s version of the “One Big, Beautiful Bill” would cut off the funding pipeline between the Federal Reserve and the Consumer Financial Protection Bureau, according to text made public Friday. Under current stipulations, the CFPB …

    Source: Banking Dive - Neutral
  • Published on Jun 9, 2025

    Trusted bank confirms it has shut down 13 locations on same day – see if your branch is affected

    A TRUSTED bank has confirmed that it's shut down 13 locations on the same day. The bank has been forced to close nearly 20 more spots in recent months following industry pressure. 2 A trusted bank has confirmed that it's shut down 13 locations on …

    Source: The U.S. Sun - Right-wing
  • Published on Jun 9, 2025

    Should Banks Be Scared of Crypto Deposits?

    Banks have long hesitated to accept cryptocurrency deposits, citing regulatory uncertainty, compliance risks, and reputational concerns. But that caution is increasingly outdated. Advancements in compliance technology and maturing regulatory frameworks …

    Source: Lexology - Neutral
  • Published on Jun 9, 2025

    Money mules, ‘phantom’ hackers: Tech support scams reach record high in Massachusetts

    This kind of pickup, where a stranger would arrive to retrieve her money then immediately disappear, happened four times over the course of two months, Rogg said. Over those two months, with each pickup, Rogg was unwittingly contributing to her own …

    Source: The Boston Globe - Massachusetts - Neutral
  • Published on Jun 6, 2025

    Pulaski Bank’s failure spurred by ‘impaired capital’: FDIC OIG

    Chicago-based Pulaski Savings Bank had deposit liabilities of at least $20.7 million unaccounted for in its core system, which depleted the bank’s capital and eventually led to its failure, according to a review by the Federal Deposit Insurance Corp.’s …

    Source: Banking Dive - Neutral

21 days 10:26:54

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