News published on Monetary Brief in April 2025

News from April 2025

Wendy Ingram fights mental health stigma in academic circles through Dragonfly Mental Health

The academic journey of Wendy Ingram took a pivotal turn during the 2013-2014 year at UC Berkeley, where four suicides affected her department in a short span.

Fed's Beige Book reports slight increase in US economic activity amid tariff concerns

Economic activity in the United States has shown a slight increase, according to the latest Beige Book report, despite ongoing concerns about the impact of tariffs on prices and demand.

Cleveland Fed addresses economic conditions through research and regional engagement

The Federal Reserve Bank of Cleveland, a key participant in the nation's economic landscape, consistently produces indicators and datasets to inform the public, policymakers, and researchers about critical economic conditions such as inflation,...

Fifth District shows mild economic growth amid job insecurity and tariff challenges

The Federal Reserve reported that the Fifth District economy showed mild growth recently, though the region faced challenges across various sectors.

FDIC changes resolution planning approach for large banks

The Federal Deposit Insurance Corporation (FDIC) has modified its approach to resolution planning for large insured depository institutions (IDIs).

FDIC issues corrective orders and penalties against Discover Bank and holding company

The Federal Deposit Insurance Corporation (FDIC) has announced the issuance of three orders against Discover Bank, based in Greenwood, Delaware.

FCA issues warning against SECURELIVETRADES for unauthorized financial services

The Financial Conduct Authority (FCA) has issued a warning against SECURELIVETRADES for offering financial and crypto-related services without proper authorization.

Susan M. Collins named one of four AEA Distinguished Fellows for 2025

On April 22, 2025, the American Economic Association announced that Susan M. Collins, president and CEO of the Federal Reserve Bank of Boston, has been named one of the four Distinguished Fellows for 2025.

Survey: Businesses brace for tariff impacts in Cleveland Fed district

The Federal Reserve Bank of Cleveland has released the findings from its February survey, which examined the potential impact of tariffs on businesses within its district.

Carlyle finances Suntera Global to boost growth and acquisitions

Global investment firm Carlyle has announced the provision of a financing package to Suntera Global, an independent provider of bespoke fund, corporate, and private wealth services.

Federal Reserve hosts Economic Scholars Program for undergraduates

The Economic Scholars Program is set to take place on April 21, 2025. This event is organized by the Federal Reserve's Fourth District, which encompasses Ohio and parts of Pennsylvania, West Virginia, and Kentucky. The program offers undergraduate students an opportunity to present their research in a conference setting.

New York Fed appoints Anna Nordstrom as head of the Markets Group

The Federal Reserve Bank of New York has appointed Anna Nordstrom as the Head of its Markets Group.

BaFin announces another warning on unauthorized services by Aktien Network

The Federal Financial Supervisory Authority (BaFin) has issued a new warning concerning Aktien Network, which is allegedly offering financial, investment, and crypto asset services without the required authorization on a newly launched website.

U.S. Treasury sanctions Yemeni bank for Houthi financial support

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has placed sanctions on the Yemen-based International Bank of Yemen Y.S.C. (IBY).

IBM report shows rise in stealthy cyberattacks and credential theft

IBM has released its 2025 X-Force Threat Intelligence Index, revealing a shift in cybercriminal tactics.

Caltrain electrification dramatically cuts carcinogen exposure, study finds

A recent study has highlighted significant improvements in air quality following the transition from diesel to electric trains on Caltrain, a major commuter rail line in the Bay Area.

Secretary Bessent supports Argentina's economic reforms in Buenos Aires meeting

Today in Buenos Aires, U.S. Secretary of the Treasury Scott K.H. Bessent engaged in discussions with Argentina's Minister of Economy, Luis Caputo.

U.S. supports Argentina's economic reforms, applauds IMF negotiations

Today, Secretary of the Treasury Scott K.H. Bessent of the United States met with Argentina's President Javier Milei in Buenos Aires.

BaFin announces warning on unauthorized crypto services by my.fluxion-ltd.com.co

The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding the website my.fluxion-ltd.com.co.

Federal Reserve approves Capital One and Discover merger with conditions

The Federal Reserve Board has approved the merger application of Capital One Financial Corporation with Discover Financial Services.