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A service for political professionals · Friday, June 20, 2025 · 823,963,888 Articles · 3+ Million Readers
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Serbia and Montenegro FDIC Newswire

  • Published on 02:25 GMT

    U.S. Senate Passes the GENIUS Act - Stablecoin Legislation Moves to the House

    On June 17, 2025, the U.S. Senate passed S. 1582 (GENIUS Act) with bipartisan support (68–30), creating the first comprehensive federal framework for stablecoin regulation. This landmark legislation establishes clear regulatory pathways for a new form of …

    Source: JD Supra - California - Neutral
  • Published on Jun 19, 2025

    NOTICE OF APPLICATION BY 21st CENTURY BANK, LORETTO, MINNESOTA

    NOTICE OF APPLICATION BY 21st CENTURY BANK, LORETTO, MINNESOTA to establish a detached facility/branch in Eagan, Minnesota Notice is hereby given that 21st Century Bank, Loretto, Minnesota has made application to the Minnesota Commissioner of Commerce …

    Source: Delano Herald Journal - Minnesota - Pending
  • Published on Jun 18, 2025

    Man extradited in $29M fraud case probed by FDIC monitor

    A Nicaraguan citizen was brought to Miami from Spain this week on federal charges tied to the man's alleged wire fraud and money-laundering operation.  As part of the joint investigation by the Federal Deposit Insurance Corp.'s Office of Inspector …

    Source: American Banker - New York - Neutral
  • Published on Jun 19, 2025

    Here comes the latest race to the bottom in consumer finance

    The removal of the CFPB as a viable regulator has thrown the doors open to the kind of unscrupulous behavior that triggered the last major financial crisis, writes Kathleen Engel, of Suffolk University Law School.Frank Gargano The Consumer Financial …

    Source: American Banker - New York - Neutral
  • Published on Jun 19, 2025

    Circle shares soar; Trump demands GENIUS bill on his desk ‘ASAP’

    Homepage > News > Business > Circle shares soar; Trump demands GENIUS bill on his desk ‘ASAP’ Circle (NASDAQ: CRCL) is so far the biggest beneficiary of the United States Senate passing landmark stablecoin legislation, but a host of non-crypto …

    Source: Coingeek - Neutral
  • Published on Jun 19, 2025

    Invest in CDs now to get up to 4.60% APY. Here are the best CD rates for June 19, 2025

    It’s still possible to earn a decent return on a certificate of deposit, but you need to act soon. Average CD yields declined significantly in 2024 as the Federal Reserve reduced interest rates, and while they have stabilized in 2025 as the central bank …

    Source: Fortune - Neutral
  • Published on Jun 17, 2025

    Fed, OCC, FDIC target check fraud

    Dive Brief: The Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. on Monday proposed taking new actions to address payments fraud, especially paper check fraud, suggesting increased agency collaboration, more …

    Source: Banking Dive - Neutral
  • Published on Jun 19, 2025

    Money market account vs. savings account: What’s the difference?

    Money market accounts combine savings features with checking-like access through debit cards and check-writing. The top high-yield savings accounts currently earn up to 4.50 percent APY, while top money market accounts earn up to 4 percent APY. Money …

    Source: Yahoo Finance - Center-left
  • Published on Jun 19, 2025

    June 19: Financial news briefs

    Global Credit Union opens financial center in Spokane Global Credit Union has opened a new 4,900-square-foot Spokane Financial Center, located at 1505 W. Fourth downtown.  The new center has a branch and offices for both Global Credit Union insurance and …

    Source: Spokane Journal of Business - Washington State - Neutral
  • Published on Jun 19, 2025

    Why Wells Fargo Stock Zoomed Higher on a Sleepy Wednesday

    Wednesday's action on the stock market was fairly sedate, with stock market indexes like the S&P 500 index essentially moving sideways. That wasn't the case with big American bank Wells Fargo (WFC 3.09%), as its shares bounced more than 3% …

    Source: myMotherLode - California - Pending
  • Published on Jun 19, 2025

    Beyond words: Fed chair voice sentiments and US bank stock price crash risk

    Central bank communication is one of the most closely watched signals by markets, but it is not just what is said – it is how it is said. As investors and policymakers increasingly rely on verbal guidance rather than policy moves, attention to the tone of …

    Source: VoxEU - Neutral
  • Published on Jun 19, 2025

    Federal bank regulators seeking feedback on mitigating payments fraud

    The federal bank regulatory agencies are seeking feedback on potential actions to help consumers, businesses, and financial institutions mitigate risk of payments fraud. © Shutterstock Payments fraud generally refers to the use of illegal means to make or …

    Source: Financial Regulation News - Washington D.C. - Neutral
  • Published on Jun 18, 2025

    This Boring-Sounding Economic Shift Could Boost Your Savings Cushion

    Forbes Something as dry-sounding as a Treasury yield might not seem like it impacts your wallet, but it absolutely does. Yields are flashing warning signs about how investors feel about the economy, and the ripple effects are hitting everything from …

    Source: Forbes - Neutral
  • Published on Jun 19, 2025

    Police issue warning on new Apple Bitcoin scam

    Police in Manheim Township, Lancaster Country have issued a warning about a scam that has affected several people. Text messages are looking more official because artificial intelligence scammers can fix their grammar and spelling mistakes. News 8's …

    Source: WGAL 8 - Pennsylvania - Pending
  • Published on Jun 19, 2025

    CIT Bank review 2025: An online bank with checking, savings, CDs, and MMAs

    Unlike many online banks that may offer a limited product range, CIT Bank provides its customers with a nearly complete package. There are multiple savings account options, a free checking account with an opportunity to earn a higher annual percentage …

    Source: Fortune - Neutral
  • Published on Jun 19, 2025

    The stablecoin time bomb hidden in Trump’s GENIUS act

    Francisco Goya’s etching The Sleep of Reason Produces Monsters warned of the hideous forces unleashed in the mind when reason lowers its guard. Today, stablecoins are the gruesome forces being released into the global economy as President Trump’s crypto …

    Source: Unherd - Center-right
  • Published on Jun 18, 2025

    Tri Counties Bank tweaks biz, commercial management teams

    Photo via Tri Counties Bank | The exterior of the Tri Counties Bank branch at 7020 N. Marks Ave. in Fresno. As Tri Counties Bank approaches $10 billion in total assets, the Chico-based company is introducing a new segmentation strategy within its wholesale …

    Source: The Business Journal - California - Pending
  • Published on Jun 18, 2025

    Fed to reconsider how it communicates monetary policy this fall

    WASHINGTON — The Federal Reserve will hold meetings this fall to discuss potential changes to its communications practices.  Fed Chair Jerome Powell said the Federal Open Market Committee began laying the groundwork for its communications review during its …

    Source: American Banker - New York - Neutral
  • Published on Jun 18, 2025

    Regulators' plans for US bank leverage relief may underwhelm US Treasury market

    By Davide Barbuscia and Pete Schroeder NEW YORK (Reuters) -U.S. Treasury market participants hoping for a long-awaited shift in bank leverage rules may be in for a letdown if U.S. regulators choose to ease capital requirements rather than exclude U.S. …

    Source: Yahoo Finance - Center-left

12 days 04:27:50

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