News published on Monetary Brief in May 2025

News from May 2025

NCUA seeks stakeholder input for future strategic planning

National Credit Union Administration (NCUA) Chairman Kyle S. Hauptman has invited stakeholders to offer suggestions and feedback on the agency's operations and initiatives.

FCA announces a warning on unauthorized financial services by Zenex

The Financial Conduct Authority (FCA) has issued a warning regarding Zenex, a company offering financial and crypto-related services without proper authorization.

FCA announces a warning on unauthorized financial services by CapitalAsset

The Financial Conduct Authority (FCA) has issued a warning regarding CapitalAsset, a firm allegedly offering financial and crypto-related services without proper authorization.

NCUA discusses employee separation plan and insurance fund performance

The National Credit Union Administration (NCUA) Board conducted its third open meeting of 2025, focusing on the agency's Voluntary Separation Program (VSP) and the performance of the National Credit Union Share Insurance Fund in the first quarter...

Boston Fed engages New England communities on inflation impacts at Fed Listens event

Federal Reserve Bank of Boston leaders recently engaged with community members from New England to discuss economic challenges and inflation impacts.

Challenges reshape South Africa's agricultural sector amid evolving financial needs

Agriculture in South Africa is facing a range of challenges that highlight the need for financial institutions to modernize their approach to assessing and supporting agricultural risk.

Cleveland Fed appoints Courtney Falato as senior VP for external engagement

The Federal Reserve Bank of Cleveland has announced the appointment of Courtney Falato as senior vice president of external engagement.

Ag lending evolves amid economic shifts impacting U.S. agriculture

Agriculture is at a pivotal moment as it faces challenges from economic shifts, including inflation, interest rates, and global market changes.

BaFin announces warning on unauthorized services by BMI Bridge Invest Market

The German Federal Financial Supervisory Authority (BaFin) has issued a warning regarding the website bridgeinvest-market.net, which is allegedly offering financial, investment, and cryptocurrency services without the necessary authorization.

UC Berkeley Ph.D. student shapes word list for Scripps National Spelling Bee

Frank Cahill, a UC Berkeley comparative literature Ph.D. student, is now a word panelist for the 100th Scripps National Spelling Bee.

Monetary Policy Board lowers cash rate amid moderating inflation

The Monetary Policy Board has announced a decision to lower the cash rate target by 25 basis points, setting it at 3.85 percent.

Bank of Canada Museum honors teachers with excellence in teaching economics award

The Bank of Canada Museum has announced the recipients of its 2025 Award for Excellence in Teaching Economics.

Small towns find pathways to growth amid shifting economic landscapes

The Richmond Federal Reserve Bank has been actively engaging with small towns across the Fifth District to understand and address economic challenges.

UC Berkeley student Daniela Castellanos finds purpose through gender studies

Daniela Guadalupe Castellanos, a student at UC Berkeley, is set to graduate this May after three years of study.

FDIC announces retirement of key leader Arthur J. Murton after nearly four decades

The Federal Deposit Insurance Corporation (FDIC) has announced the upcoming retirement of Arthur J. Murton, effective May 31, 2025. Mr. Murton currently serves as Deputy to the Chairman for Financial Stability and Director of the Division of...

University of Tokyo enhances quantum system with new IBM Heron processor

The University of Tokyo (UTokyo) and IBM have announced plans to enhance the IBM Quantum System One with a 156-qubit IBM Heron quantum processing unit (QPU).

Infant thrives after receiving innovative CRISPR gene therapy

In a groundbreaking medical achievement, a team of doctors and researchers successfully administered a customized CRISPR gene therapy to an infant born with a life-threatening genetic disorder.

Chancellor addresses calls to disrupt commencement speaker

Chancellor Rich Lyons has communicated his anticipation for the upcoming commencement ceremony, scheduled for Saturday.

Treasury targets firms involved in Iranian oil trade funding military activities

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions on nearly two dozen firms involved in Iran's international oil trade.

Treasury targets financial network aiding Hizballah terrorists

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on two senior Hizballah officials and two financial facilitators for their involvement in financial transfers supporting Hizballah.