News published on Monetary Brief in October 2025

News from October 2025

Regulators remind lenders of procedures during lapses in National Flood Insurance Program

Federal financial institution regulatory agencies have issued a reminder to lenders that they may continue to make loans covered by federal flood insurance statutes even when the National Flood Insurance Program (NFIP) is unavailable.

U.S. Treasury and South Korea pledge transparency in currency market operations

The United States Department of the Treasury and the Ministry of Economy and Finance of the Republic of Korea have agreed to maintain close consultations on macroeconomic and foreign exchange issues.

NCUA chairman affirms commitment against regulation by enforcement

The National Credit Union Administration (NCUA) Chairman Kyle S. Hauptman has issued a statement outlining the agency’s formal stance against regulation by enforcement.

FDIC announces August 2025 enforcement actions against banks and individuals

The Federal Deposit Insurance Corporation (FDIC) has released its list of administrative enforcement actions for August 2025.

UC Berkeley retains top spot among U.S. public colleges in national rankings

UC Berkeley has been named the top public college in the United States by the Wall Street Journal and College Pulse for the second consecutive year.

Treasury official discusses account balances and buyback program at annual dealer meeting

Hunter McMaster, Director of Policy and Planning at the U.S. Department of the Treasury and acting Assistant Secretary for Financial Markets, addressed primary dealers at the Federal Reserve Bank of New York’s annual meeting.

FDIC appoints new leaders for risk management, legal counsel, policy, advisory roles

The Federal Deposit Insurance Corporation (FDIC) has announced the appointment of five individuals to senior leadership roles within the agency.

European regulators announce changes to bank reporting frameworks effective late 2025

The European Banking Authority (EBA) and the European Central Bank (ECB) have announced updates to their supervisory reporting frameworks for banks, aiming to improve reporting processes, enhance oversight of resolution planning, update technical...

Regulatory demands intensify for U.S. banks nearing $100 billion asset mark

As U.S. banks approach the $100 billion asset threshold, they encounter a much stricter regulatory landscape shaped by recent financial disruptions and evolving federal oversight.

Global regulators set new standards for managing AI model risk in finance

The financial services industry is experiencing significant changes as advanced artificial intelligence (AI) and machine learning (ML) models become integral to key operations such as credit underwriting and fraud detection.

UC Berkeley historian examines changing attitudes toward vaccines through American history

Vaccine policy has been a topic of public debate in the United States for more than a century, with each era’s social and political context shaping attitudes toward immunization.

Nobel laureate George Smoot dies at 80; confirmed Big Bang theory with cosmic observations

Physicist George Smoot, known for his work that confirmed the Big Bang theory, died on September 18 in Paris at age 80 from a heart attack.

FCA outlines governance framework for safe use of synthetic data in financial services

The UK Financial Conduct Authority (FCA) has released a report outlining the governance requirements for using synthetic data in financial services.

IBM partners with Anthropic to integrate Claude AI into enterprise software portfolio

IBM and Anthropic have announced a strategic partnership aimed at advancing enterprise software development by integrating Anthropic’s Claude large language model (LLM) into IBM’s software portfolio.

Derek Theurer appointed to perform duties of Deputy Secretary at U.S. Treasury

Secretary of the Treasury Scott Bessent has announced that Derek Theurer will perform the duties of Deputy Secretary of the Treasury.

IBM announces general availability date for Spyre Accelerator on z17 and LinuxONE 5

IBM has announced that its new AI hardware, the IBM Spyre Accelerator, will soon be available for commercial use.

IBM introduces new tools at TechXchange 2025 to advance enterprise AI deployment

IBM announced new software and infrastructure products at its annual TechXchange 2025 event in Orlando, aiming to help enterprises move from AI experimentation to practical use.

Senate confirms Jonathan McKernan as Treasury Under Secretary for Domestic Finance

Jonathan McKernan has been confirmed by the United States Senate as the Under Secretary for Domestic Finance at the U.S. Department of the Treasury.

Carlyle issues economic indicators amid government data shutdown

Global investment firm Carlyle has released its own set of U.S. economic indicators, aiming to provide timely economic insights during the ongoing federal government shutdown that has interrupted the publication of official data such as last...

Moody’s Analytics details strategy for integrating AI into customer intelligence operations

Moody’s Analytics has outlined its approach to using artificial intelligence (AI) for customer intelligence, focusing on turning everyday customer interactions into actionable knowledge that can drive business growth.