News published on Monetary Brief in August 2025

News from August 2025

UC Berkeley professor explores meaning behind replica artworks produced in China

When Winnie Wong visited Dafen Oil Painting Village in China for the first time in 2006, her expectations were shaped by media portrayals.

Hurricane modeling seen as vital for business planning amid rising climate risks

As the frequency and intensity of hurricanes increase due to climate change, businesses worldwide are being urged to reassess their approach to risk management.

Berkeley researcher Stephen Menendian publishes book examining structural roots of U.S. racial inequity

In the years following the murder of George Floyd and the widespread protests that followed, terms like “systemic racism” and “structural racism” have become part of national conversations.

UC Berkeley increases fall freshman and transfer admission offers amid record applicant pool

More students have been admitted to the University of California, Berkeley’s first-year and transfer classes for fall 2025 compared to last year, according to admissions data released by campus officials.

U.S economy shows renewed growth in second quarter as labor market stabilizes

Recent economic data indicate that U.S. growth picked up in the second quarter of 2025, recovering from a slower first quarter.

Treasury updates borrowing projections for second half of 2025

The U.S. Department of the Treasury has released updated estimates for its privately-held net marketable borrowing for the upcoming quarters.

Treasury Borrowing Advisory Committee reviews market stability and recommends updates on debt management

The Treasury Borrowing Advisory Committee (TBAC) has reported to the Secretary of the Treasury on recent developments in financial markets and provided recommendations regarding U.S. debt management.

U.S. Treasury sanctions Brazilian Supreme Court justice Alexandre de Moraes

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Alexandre de Moraes, a justice on Brazil’s Supreme Federal Court (STF).

IBM finds gap between rapid enterprise AI adoption and security measures

IBM has released its 2025 Cost of a Data Breach Report, highlighting that the rapid adoption of artificial intelligence (AI) is outpacing security and governance measures.

Treasury announces new senior appointments to key departmental roles

Secretary of the Treasury Scott Bessent has announced new senior appointments at the U.S. Department of the Treasury.

Adriana D. Kugler to leave Federal Reserve Board in August 2025

Adriana D. Kugler will resign from her role as governor of the Federal Reserve Board, effective August 8, 2025, according to an announcement made by the Board on Friday.