News published on Monetary Brief in March 2025

News from March 2025

Ron Rivera appointed general manager of Cal Golden Bears football program

UC Berkeley has announced the appointment of Ron Rivera as the general manager of the California Golden Bears football program.

U.S. imposes sanctions on network supporting Iran's oil exports

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced new sanctions targeting entities involved in Iran's oil exports.

UC Berkeley community protests perceived attacks on higher education

Hundreds of individuals, including UC Berkeley faculty, students, and community members, assembled at Sproul Plaza to protest actions they view as attacks on higher education by the Trump administration.

Crypto Price Overview: March 22, 2025

Tracking the latest price action across Bitcoin, Ethereum, Binance Coin, and more on March 22, 2025.

BaFin announces warning on unauthorized crypto services by Edelraum

The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding Edelraum, alleging that the company is offering financial, investment, and crypto asset services without the necessary authorization.

U.S. imposes new sanctions on Iranian oil minister and shadow fleet operators

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against Iran’s Minister of Petroleum, Mohsen Paknejad, along with several entities across multiple jurisdictions, including China and India.

Crypto Price Overview: March 21, 2025

Tracking today’s crypto price changes across Binance Coin, Bitcoin, Ethereum, and other key cryptocurrencies on March 21, 2025.

Crypto Price Overview: March 20, 2025

Here’s how Bitcoin, Ethereum, Binance Coin, and other key cryptocurrencies performed on March 20, 2025.

Treasury Secretary discusses economic agenda with EU Commissioner

Secretary of the Treasury Scott Bessent engaged in an introductory call with European Commissioner Valdis Dombrovskis.

Federal Reserve releases audited financials for 2024

The Federal Reserve Board has released the annual audited financial statements for the Federal Reserve System for the year 2024.

Federal Reserve approves Commonwealth Business Bank's new branch in New Jersey

The Federal Reserve Board has approved an application from Commonwealth Business Bank to open a new branch.

Fortitude Re enters $4B annuity reinsurance agreement with Taiyo Life

FGH Parent, L.P., known as Fortitude Re, has finalized a $4 billion reinsurance agreement with Taiyo Life Insurance Company.

Federal Reserve Bank of Cleveland releases 2024 financial statements

The Federal Reserve Bank of Cleveland has announced the release of its 2024 annual financial statements.

UC Berkeley team develops squirrel-inspired robot capable of agile landings

Biologists and engineers at the University of California, Berkeley have developed a robot named Salto, which can mimic a squirrel's ability to land on narrow branches.

Treasury reports January 2024 international capital flow data

The U.S. Department of the Treasury has published the Treasury International Capital (TIC) data for January 2024, revealing a net TIC outflow of $48.8 billion.

UC Berkeley honors five educators with Distinguished Teaching Award

Five instructors from the University of California, Berkeley have been awarded the 2025 Distinguished Teaching Award, a prestigious recognition for teaching excellence.

Treasury Secretary Bessent discusses economic issues with Turkish Finance Minister

On Monday, Secretary of the Treasury Scott K.H. Bessent held discussions with Mehmet Şimşek, Minister of Treasury and Finance of the Republic of Türkiye.

Finastra partners with IBM on enhanced lending cloud service

Finastra and IBM have announced a collaboration to enhance Finastra's Lending Cloud Service (LCS), which offers comprehensive services for Corporate Lending solutions such as Loan IQ, Trade Innovation, and Corporate Channels.

U.S. Treasury sanctions leader of human smuggling network linked to La Linea

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on Jumilca Sandivel Hernandez Perez, a key figure in the Lopez Human Smuggling Organization (HSO).

Treasury reinstates IRS whistleblowers involved in Hunter Biden investigation

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have announced the reinstatement of two IRS whistleblowers, Gary Shapley and Joseph Ziegler, who were previously penalized for their involvement in investigating Hunter...