Economics News on Monetary Brief

Secretary of the Treasury Scott Bessent engaged in a virtual introductory meeting with Japan's Finance Minister Katsunobu Kato on January 28, 2025.

Richard Teng, the CEO of Binance, one of the world’s largest cryptocurrency exchanges, said that the U.S. Strategic Bitcoin Reserve plays a pivotal role in integrating cryptocurrency into the national financial system during a January 25 interview...

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Scott Bessent was sworn in as the 79th Secretary of the Treasury by Supreme Court Justice Brett M. Kavanaugh on January 28, 2025.

Global investment firm Carlyle has announced the appointment of Brad McCarthy as Managing Director and Head of Asia Pacific for Carlyle Global Wealth.

The global financial regulatory landscape is evolving with new developments from key international bodies.

President Donald J. Trump has appointed Kyle S. Hauptman as the new Chairman of the National Credit Union Administration (NCUA) Board.

The Federal Reserve Bank of Boston has announced the appointment of Karen Emis-Williams and Brian Gottlob to the advisory board of the New England Public Policy Center (NEPPC).

The European Banking Authority (EBA) has released several key publications aimed at improving the regulatory framework for banks.

The exploration of quantum artificial intelligence (QAI) is gaining momentum as it combines the advancing fields of quantum computing and artificial intelligence.

The UK Prudential Regulatory Authority (PRA) has decided to postpone the implementation of Basel 3.1 by one year, now set to begin on January 1, 2027.

The European Banking Authority (EBA) has released its final guidelines on managing Environmental, Social, and Governance (ESG) risks.

The global approach to sustainability disclosures is experiencing a significant transformation, particularly affecting the banking industry.

The U.S. Department of the Treasury has published the Treasury International Capital (TIC) data for November 2024.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced sanctions against Yin Kecheng, a cyber actor based in Shanghai, and Sichuan Juxinhe Network Technology Co., LTD., a cybersecurity company located in Sichuan.

The U.S. Department of the Treasury's Federal Insurance Office (FIO) has released a report on personal auto insurance markets and technological change.

The U.S. Department of the Treasury has announced new sanctions against Yemen Kuwait Bank for Trade and Investment Y.S.C, citing its financial support to Ansarallah, known as the Houthis.

Secretary of the Treasury Janet L. Yellen has addressed a letter to Congressional leaders concerning the United States debt limit.

On January 8, 2025, the President of the United States issued Executive Order (E.O.) 14140, an amendment to E.O. 14033.

The National Credit Union Administration (NCUA) has released a Research Note analyzing overdraft and non-sufficient funds (NSF) fees at credit unions.