Stories by Monetary Brief on Monetary Brief

Monetary Brief News

Reserve Bank proposes changes to merchant card payment costs

The Reserve Bank of Australia (RBA) has released a Consultation Paper as part of its ongoing Review of Merchant Card Payment Costs and Surcharging.

Federal Reserve Board ends enforcement action with Industry Bancshares

The Federal Reserve Board has announced the termination of an enforcement action against Industry Bancshares, Inc., based in Industry, Texas.

Federal Reserve releases minutes on discount rate meetings

The Federal Reserve Board has made public the minutes from its recent meetings concerning the discount rates for depository institutions.

CEO of Binance: 'The path to clear regulation is now finally emerging'

Richard Teng, Chief Executive Officer of Binance, announced that the company's user base has surpassed 280 million.

President blocks acquisition by Chinese firm over national security concerns

President Trump issued an order blocking the acquisition of Jupiter Systems, LLC by Suirui International Co., Limited.

Californians express distrust in leadership; majority see US democracy as under threat

A recent poll conducted by the Berkeley Institute of Governmental Studies (IGS) reveals that a significant majority of Californians believe U.S. democracy is facing serious challenges.

UC Berkeley addresses concerns over The Bancroft Library naming

In June 2023, UC Berkeley leadership received a proposal to unname The Bancroft Library due to the racist and nativist views of its namesake, Hubert Howe Bancroft.

Gary Grippo appointed acting fiscal assistant secretary by U.S. Treasury

U.S. Deputy Secretary of the Treasury Michael Faulkender announced that Gary Grippo will take on the role of Acting Fiscal Assistant Secretary. “Throughout his career at Treasury, Gary has been a steadfast public servant.

Richmond Fed's Reginal Bryant wins ORBIE Award for leadership in technology

On June 27, Reginal Bryant, the senior vice president and CIO of the Richmond Federal Reserve, was honored with an ORBIE award in the Large Corporate category by CapitalCIO.

Elior Group partners with IBM France for AI-driven digital transformation

Elior Group and IBM have announced a collaboration aimed at creating an "agentic AI & Data Factory" to enhance Elior Group's innovation, digital transformation, and operational performance.

Moody’s tops Chartis Quantitative Analytics50 2025 Rankings

Moody's has been recognized for the third consecutive year as the top company in the Chartis Quantitative Analytics50 Rankings and Awards.

UC Berkeley aids Bay Area communities in wildfire preparedness

The Berkeley Hills, known for their scenic views and proximity to nature, also face significant wildfire risks.

Researchers discover genetic keys for potential human heart regeneration

Humans are unable to regenerate heart muscle damaged by disease, unlike some animals such as zebrafish.

UC Berkeley study reveals insights into bat brain's role in memory formation

Every day, our brains transform fleeting experiences into long-term memories.

UC Berkeley chancellor addresses House committee on combating antisemitism

On July 15, UC Berkeley Chancellor Rich Lyons is scheduled to testify before the House Committee on Education and the Workforce.

Treasury targets 22 entities linked to Iran's shadow banking network

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced the designation of 22 entities based in Hong Kong, the United Arab Emirates (UAE), and Türkiye.

IBM schedules Q2 2025 financial results announcement and webcast

IBM is set to release its financial results for the second quarter of 2025.

Moody's Analytics advances Maxsight platform for enhanced risk management

In a world where risk is dynamic and data is abundant but often fragmented, Moody’s Maxsight is helping businesses redefine how they manage risk and compliance challenges in a holistic, unified way.

Theoretical physicist Mary K. Gaillard dies at age 86

Mary K. Gaillard, a theoretical physicist known for her contributions to the Standard Model of physics, passed away on May 23 at her home in Berkeley.