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Federal agencies suspend some appraisal requirements to aid California disaster recovery

Federal financial regulatory agencies have taken a decisive step to aid recovery in areas affected by wildfires and wind damage in Los Angeles County, California.

Philadelphia Fed announces new members for advisory council

The Federal Reserve Bank of Philadelphia has appointed John Grady, Warren E. Moore, and Brian Schaller to its Economic and Community Advisory Council (ECAC).

US imposes sanctions on Iranian entities linked to nuclear program

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced the imposition of sanctions on five entities and one individual based in Iran.

Treasury sanctions Mexican drug leader involved in historic fentanyl seizure

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Jesus Alfredo Beltran Guzman, a prominent figure of the Beltran Leyva Organization (BLO).

Fincen analyzes fentanyl threat patterns in Bank Secrecy Act reports

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a Financial Trend Analysis that examines patterns and trends in Bank Secrecy Act (BSA) data associated with fentanyl-related illicit finance.

Treasury eliminates 15 regulations to benefit small businesses

The U.S. Department of the Treasury announced immediate actions to eliminate 15 rules and guidance materials, aiming to relieve America's small businesses of financial burdens.

IBM to discuss first-quarter 2025 results in webcast on April 23

IBM has announced that it will discuss its first-quarter 2025 financial results on April 23, 2025.

Creekside Center opens as UC Berkeley's Disabled Students' Program facility

UC Berkeley has established the Creekside Center as a centralized location for its Disabled Students' Program (DSP).

UC Berkeley graduate programs maintain high positions in 2025 US News rankings

UC Berkeley’s graduate programs continue to maintain high rankings in the 2025 survey released on April 8 by US News & World Report, showing the university’s strengths across a wide span of disciplines.

IBM unveils the new z17 mainframe engineered for AI operations and security

IBM announced the launch of its new mainframe, the IBM z17, which integrates AI capabilities across hardware, software, and systems operations.

Missing universe's hydrogen gas discovered in halos around galaxies

Astronomers have discovered that previously unaccounted-for hydrogen gas, comprising half of the universe's normal matter, exists as an extensive halo around galaxies.

UC Berkeley's museum holds one of North America's largest bird egg collections

UC Berkeley's Museum of Vertebrate Zoology houses an extensive collection of bird eggs and nests, making it one of the largest in North America.

Treasury Department sanctions network for transporting Iranian petroleum

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced the designation of Jugwinder Singh Brar, an Indian national based in the United Arab Emirates (UAE), as well as several entities connected to him for their...

Scott Bessent to support Argentina's reforms in upcoming Buenos Aires visit

Secretary of the Treasury Scott K.H. Bessent is scheduled to visit Buenos Aires, Argentina on April 14.

U.S. and Vietnam officials initiate trade discussions following key meeting

U.S. Secretary of the Treasury Scott K. H. Bessent met with Vietnam's Deputy Prime Minister Ho Duc Phoc in Washington.

Secretary Bessent supports House's decision on Trump’s economic strategy

U.S. Secretary of the Treasury Scott Bessent has responded to the House's recent decision to advance the permanence of the Tax Cuts and Jobs Act (TCJA) through the budgetary process.

EBA proposes measures to revamp EU's AML/CFT framework

The European Banking Authority (EBA) has unveiled four regulatory technical standards (RTS) aimed at overhauling the anti-money laundering and counter-terrorist financing (AML/CFT) framework across the European Union (EU).

EBA introduces draft technical package for banking reporting framework version 4.1

The European Banking Authority (EBA) has issued a draft technical package for version 4.1 of its reporting framework for banking institutions.

UK financial regulators sharpen focus on AI and stress tests

The UK's financial regulatory landscape continues to evolve under the guidance of the Bank of England (BoE), Prudential Regulation Authority (PRA), and Financial Policy Committee (FPC).