News published on Monetary Brief in May 2025

The University of California Board of Regents has announced the appointment of James B. Milliken as the 22nd president of the UC system, a move approved today.

The National Academy of Sciences has inducted eight faculty members from the University of California, Berkeley, acknowledging their significant and ongoing contributions to research across various disciplines.

Washington, May 2, 2025 — On Thursday, Secretary of the Treasury Scott K.H. Bessent, Secretary of Commerce Howard Lutnick, and U.S. Trade Representative Jamieson Greer met with Japan's Economic Revitalization Minister Ryosei Akazawa.

Today, a roundtable discussion was convened by the Federal Insurance Office (FIO) at the U.S. Department of the Treasury.

IBM and Tata Consultancy Services (TCS) have teamed up with the Government of Andhra Pradesh to advance quantum computing in India.

The mural by renowned Mexican artist Diego Rivera, titled "Still Life and Blossoming Almond Trees," has found a new home at the University of California, Berkeley’s Doe Library.

The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers regarding the website consorsglobal.com, which is offering financial, investment, and cryptocurrency services without the necessary authorization.

The Financial Conduct Authority (FCA) announced a warning about apexmarkets.live for offering financial and crypto-related services without proper authorization.

April 29, 2025 Recent developments in U.S. government policy, notably higher-than-expected tariff rates, have significantly impacted global asset markets, according to the Treasury Borrowing Advisory Committee (TBAC).

The United States Department of the Treasury has announced a plan to offer $125 billion in Treasury securities to refinance $94.2 billion in privately-held Treasury notes maturing on May 15, 2025.

The Treasury Borrowing Advisory Committee (TBAC) gathered at the U.S. Department of the Treasury on April 29, 2025, for a private meeting.

The U.S. Department of the Treasury has released the final results from the annual survey of foreign portfolio holdings of U.S. securities as of June 30, 2024.

On April 30, an agreement was signed by the United States and Ukraine to establish the United States-Ukraine Reconstruction Investment Fund.

The United States Department of the Treasury and the Office of the United States Trade Representative convened with European Commission representatives on April 29 in Washington.

Kelly Sparks has been appointed as the new vice chancellor for finance and chief financial officer of UC Berkeley, beginning her tenure on July 1.

Maria Astolfi, a descendant of an indigenous Amazonian tribe and graduate student at UC Berkeley, has raised concerns about the ethical implications of biotechnology research involving indigenous knowledge.

The National Securities Market Commission (CNMV) has announced a list of warnings concerning unregistered financial and cryptocurrency service entities.

The German Federal Financial Supervisory Authority (BaFin) has issued a warning against the websites fasatgh.com and fasat-gh.world.

IBM and the EY organization have announced the introduction of EY.ai for tax, developed in collaboration with IBM watsonx, marking another milestone in their ongoing alliance.

IBM and Scuderia Ferrari HP have released a new mobile application designed to enhance the experience of Formula 1 fans worldwide.