News published on Monetary Brief in May 2025

The Federal Reserve Bank of New York's Center for Microeconomic Data has released its Quarterly Report on Household Debt and Credit, revealing a $167 billion increase in total household debt for the first quarter of 2025.

Carlyle and SK Capital Partners have announced an extension of the tender offer to acquire all outstanding common stock of bluebird bio, Inc. The new expiration date is set for one minute after 11:59 p.m., New York City time, on May 28, 2025.

The Federal Reserve Board has announced the termination of an enforcement action involving Perry County Bancorp Inc. and Du Quoin State Bank, both based in Du Quoin, Illinois.

Richmond Fed President Tom Barkin is set to deliver a speech on May 20, 2025, at the Investing in Rural America Conference.

The European Commission (EC) is making strides in shaping the regulatory landscape for banks, focusing on clarifying rules around general-purpose AI and launching initiatives like the AI Continent Action Plan.

Federal bank regulatory agencies have issued updated host state loan-to-deposit ratios, as required by law.

Australia's agriculture sector is set to face a challenging yet opportunity-laden year in 2025.

Inflation expectations among U.S. business leaders have risen in the second quarter of 2025, as reported by the Survey of Firms’ Inflation Expectations (SoFIE), published by the Cleveland Fed’s Center for Inflation Research.

The European Banking Authority (EBA) has released two significant updates affecting banks.

The UK Prudential Regulation Authority (PRA) has unveiled several key documents and updates, including its Business Plan for 2025/26, a consultation paper on climate risk management expectations for banks, prudential expectations on significant...

U.S. Secretary of the Treasury Scott Bessent held a meeting with Prime Minister Philip Davis of the Bahamas on May 6, 2025.

Secretary Scott K.H. Bessent addressed the United States House of Representatives Committee on Financial Services, discussing key aspects of the current administration's economic strategy and achievements.

Two years ago, siblings Ryan and Melissa Mattson began their journey at UC Berkeley as undergraduate history majors.

Today, the U.S. Department of the Treasury announced its plan to establish a fast track process aimed at increasing investment in U.S. businesses from allied and partner countries.

The Department of the Treasury's Office of Foreign Assets Control (OFAC) has intensified its efforts against Iran's oil exports by designating Hebei Xinhai Chemical Group Co., Ltd., a "teapot" refinery, and three port terminal operators in...

The University Medal finalists of 2025 have demonstrated resilience and commitment to idealism, according to a recent announcement.

In a room soon to be vacated by Asher Cohen, the 2025 UC Berkeley University Medalist, mementos from his senior year reflect a diverse range of interests.

The Pulitzer Prize Gold Medal, which features Ben Franklin on one side and a printer at work on the other, is awarded annually to the American news organization that wins in the public service category.

Astronomers from the University of California, Berkeley, have made a significant discovery in the field of black hole research.

Secretary of the Treasury Scott Bessent has announced President Trump's intention to nominate Jonathan McKernan for the position of Undersecretary of Domestic Finance at the U.S. Department of the Treasury.