News published on Monetary Brief in May 2025

News from May 2025

Lumen Technologies partners with IBM for scalable edge-based AI solutions

Lumen Technologies and IBM have announced a collaboration to develop AI solutions at the edge, integrating IBM's watsonx AI products with Lumen's Edge Cloud infrastructure.

UC Berkeley groups promote diverse viewpoints amid polarized political climate

Nathan Tang, a young Roman Catholic liberal from the East Coast, found himself at UC Berkeley in 2023.

FDIC releases latest CRA compliance evaluations for state nonmember banks

The Federal Deposit Insurance Corporation (FDIC) has released its latest list of state nonmember banks evaluated for compliance with the Community Reinvestment Act (CRA).

Treasury sanctions Burma militia linked to cyber scams

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on the Karen National Army (KNA), a militia group in Burma, designating it as a transnational criminal organization.

Treasury Secretary highlights Trump’s economic plan at Milken Institute Global Conference

Treasury Secretary Scott Bessent addressed the Milken Institute Global Conference, highlighting President Donald J. Trump's economic agenda and its potential impact on the U.S. economy.

Cleveland Fed addresses economic uncertainty amid mixed signals

The Cleveland Federal Reserve recently shared insights on the current economic landscape and monetary policy.

FCA issues warning against VEXTRON TRADING PLATFORM for unauthorized services

The Financial Conduct Authority (FCA) has issued a warning against VEXTRON Trading Platform for allegedly providing financial and cryptocurrency services without the necessary authorization.

Cleveland Fed hosts discussion on tariffs' impact on economy

The Federal Reserve Bank of Cleveland, in conjunction with its Center for Inflation Research, is organizing a session titled "Examining the Effects of Tariffs on the Economy."

BaFin warns of unauthorized services by 'Everix Edge'

The German Federal Financial Supervisory Authority (BaFin) has issued a warning regarding "Everix Edge," alleging that its operators are contacting consumers via email to offer unauthorized financial, investment, and cryptoasset services.

Federal Reserve's role discussed at Hoover Institution panel

President Hammack recently participated in a panel discussion at the Hoover Institution, addressing "The Outlook for the Economy and Monetary Policy" on May 9, 2025.

Fed survey shows mixed inflation outlook and declining household financial confidence

The Federal Reserve Bank of New York's Center for Microeconomic Data has published the April 2025 Survey of Consumer Expectations.

Bank of Canada warns of heightened risks from US trade policies

The Bank of Canada has released its Financial Stability Report, highlighting the current risks and vulnerabilities facing Canada's financial system.

Carlyle reports first quarter earnings for fiscal year 2025

Global investment firm The Carlyle Group Inc. has released its unaudited financial results for the first quarter of 2025, ending March 31.

FCA warns about Liman Capital for unauthorized services

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

Treasury highlights job growth and efficiency under Trump administration

Chairman Joyce, Ranking Member Hoyer, and Members of the Subcommittee gathered to hear Secretary Scott K. H. Bessent's statement before the United States House of Representatives Appropriations Subcommittee on Financial Services and General...

Treasury Secretary Bessent's upcoming trip to Switzerland aims at economic discussions

On May 8, Secretary of the Treasury Scott K.H. Bessent is set to travel to Switzerland.

Federal Reserve maintains current interest rates amid economic uncertainty

Recent economic indicators suggest continued expansion at a solid pace, according to the Federal Reserve's latest statement.

EU's new regulations impose strict rules on high-risk artificial intelligence applications

The European Union's AI Act, which took effect on February 1, 2025, sets forth compliance requirements for entities using AI systems.

Boston Fed examines rising bank loans to private equity and credit funds

Loan commitments from large banks to private equity and private credit funds have seen a significant increase, according to a recent note from the Federal Reserve Bank of Boston.

Carlyle and SK Capital secure approvals for bluebird bio acquisition

bluebird bio, Inc., along with Carlyle and SK Capital Partners, announced that they have obtained all necessary regulatory approvals to finalize the acquisition of bluebird by Carlyle and SK Capital.