News published on Monetary Brief in October 2025

News from October 2025

UC Berkeley mourns passing of feminist scholar Nancy Chodorow

Nancy Chodorow, a prominent sociologist, psychoanalyst, and professor emerita at the University of California, Berkeley, died on October 14 at the age of 81.

Crypto commentator on Binance aid: 'This isn't liability – it's leadership'

Domen Trontelj, Manager of XCAD Network, said that Binance's $400 million 'Together' Initiative and previous user relief efforts demonstrate practical support for traders following recent market volatility.

Fortitude Re and Carlyle launch Bermuda-based reinsurer targeting Asian market growth

FGH Parent, L.P. (Fortitude Re), a global reinsurance company, and Carlyle, an investment firm, have announced the launch of Fortitude Carlyle Asia Reinsurance, Ltd. (FCA Re).

University of California sets new record with five Nobel Prizes in 2025

The University of California has achieved a new milestone by receiving more Nobel Prizes in a single year than any other university system worldwide.

U.S. Treasury sanctions two individuals for supporting Haitian gang coalition Viv Ansanm

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against Dimitri Herard and Kempes Sanon for their involvement with the Haitian gang coalition Viv Ansanm.

UC Berkeley professor highlights advances in synthetic plant biology for health and energy

Patrick Shih, an associate professor in the Department of Plant and Microbial Biology at the University of California, Berkeley, is working to advance the field of synthetic plant biology.

UC Berkeley initiative seeks policy solutions to address resource shortages in California

The University of California, Berkeley’s Possibility Lab is advancing an initiative called the Abundance Accelerator, which seeks to address chronic shortages in essential goods and services across California.

UC Berkeley scholar traces history and legacy of rare violins in Salz Collection

Carla Shapreau, a prominent scholar at the University of California, Berkeley, is recognized for her work uncovering the histories of rare violins.

UC Berkeley report finds gender issues used to justify anti-democratic measures worldwide

A recent report from the University of California, Berkeley and the nonprofit organization Over Zero has found that authoritarian leaders are increasingly using gender-related issues as a strategy to undermine democratic institutions and norms.

Federal bank regulators withdraw climate-related risk management principles

The federal bank regulatory agencies have announced the withdrawal of the interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions.

U.S. Treasury Secretary meets Japanese Finance Minister to discuss trade and security

Secretary of the Treasury Scott Bessent met with Japanese Finance Minister Katsunobu Kato in Washington to discuss Japan’s strategic investment plans in the United States as part of the U.S.-Japan trade and investment agreement.

UC Berkeley chemist develops spray to protect skin during gel nail manicures

A new product developed by researchers at the University of California, Berkeley aims to address concerns about the harmful effects of ultraviolet (UV) light exposure during gel nail manicures.

U.S., U.K. impose sweeping sanctions on Southeast Asian cybercrime networks

The U.S. Department of the Treasury, in coordination with the United Kingdom’s Foreign, Commonwealth, and Development Office (FCDO), has announced a series of actions targeting cybercriminal networks operating in Southeast Asia.

U.S. Treasury Secretary urges refocus at IMF-World Bank annual meetings

As the Annual Meetings of the World Bank and International Monetary Fund (IMF) take place, U.S. Secretary of the Treasury Scott Bessent outlined America’s priorities for international financial institutions in a statement addressed to both...

Treasury Secretary Bessent meets with Ukrainian Prime Minister Svyrydenko in Washington

Secretary of the Treasury Scott Bessent met with Ukrainian Prime Minister Yulia Svyrydenko in Washington on October 14, 2025.

NCUA proposes formal removal of reputation risk from supervisory program

The National Credit Union Administration (NCUA) has issued a notice of proposed rulemaking to formally remove the use of reputation risk from its supervisory program.

Bank of Canada survey shows continued consumer concern over tariffs and economic outlook

The Bank of Canada has released the results of its Canadian Survey of Consumer Expectations (CSCE) for the third quarter of 2025.

IBM partners with Groq to boost enterprise AI deployment through watsonx Orchestrate

IBM and Groq have announced a new partnership aimed at accelerating the deployment of artificial intelligence (AI) for enterprise clients.

Bank of Canada survey finds business outlook subdued amid ongoing trade tensions

The Bank of Canada released the results of its third-quarter 2025 Business Outlook Survey, which found that business sentiment remains subdued despite a gradual improvement from earlier in the year.

NCUA schedules public hearing and comment period for draft budget

The National Credit Union Administration (NCUA) has announced a public hearing on its draft budget for 2026-2027.