Economics News on Monetary Brief

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has announced its largest action to date against Ansarallah, also known as the Houthis, a group backed by Iran.

The U.S. Supreme Court has upheld a Tennessee law that bans doctors and families from providing gender-affirming medicines to transgender minors, marking a significant development in the ongoing debate over transgender rights in the United States.

IBM has announced the introduction of a pioneering software designed to unify AI security and governance, marking a significant step in enterprise risk management.

Millions recently gathered in protest against President Donald Trump, highlighting his administration's policies affecting immigrants, LGBTQ individuals, and other vulnerable groups.

Deputy Secretary of the Treasury Michael Faulkender addressed the 62nd Bank Secrecy Act Advisory Group (BSAAG) plenary meeting organized by the Financial Crimes Enforcement Network (FinCEN) in Washington.

UC Berkeley has been named the top public university in the United States and ranks sixth globally, according to the latest U.S. News & World Report rankings.

Following a meeting of the Social Security and Medicare Boards of Trustees, the U.S. Department of the Treasury released the annual Social Security and Medicare Trustees Reports.

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has sanctioned five leaders of the Cartel de Jalisco Nueva Generacion (CJNG), a violent cartel involved in trafficking fentanyl and other drugs into the United States.

On June 13, the Financial Action Task Force (FATF) concluded its joint plenary with MONEYVAL in Strasbourg, France.

A global financial institution headquartered in Europe has collaborated with Moody's to enhance its wealth management operations.

The National Credit Union Administration (NCUA) has liquidated Soul Community Federal Credit Union, located in Austell, Georgia.

Artificial intelligence (AI) is increasingly being adopted in the banking sector, but experts caution that without high-quality data, these initiatives may not yield the desired results.

Noah Whiteman, a biology professor at the University of California, Berkeley, is reflecting on the meaning of LGBTQ Pride Month.

Chairman Smith, Ranking Member Neal, and members of the committee, Secretary Scott Bessent expressed gratitude for the opportunity to speak before the House Ways and Means Committee.

Allison Harvey, a psychology professor at UC Berkeley, recently completed an 11-week course on parenting techniques.

A recent study by the IBM Institute for Business Value highlights the challenges Chief Marketing Officers (CMOs) face in leveraging artificial intelligence (AI) for business growth.

The distinction between a cult and a religion in the United States often hinges on the Internal Revenue Service (IRS), according to UC Berkeley Professor Poulomi Saha.

The All England Lawn Tennis Club and IBM have introduced new AI-driven features to enhance fan engagement during Wimbledon 2025.

U.S. Secretary of the Treasury Scott Bessent has expressed support for the Senate's introduction of the One, Big, Beautiful Bill Act.

The federal bank regulatory agencies have issued a request for public comment on measures to address payments fraud, with an emphasis on check fraud.