News
Waller questions January jobs surge, backs possible March cut
1+ hour, 45+ min ago (599+ words) "If the good labor market news of January is revised away or evaporates in February, it would support my position at the [Federal Open Market Committee] last meeting, that a 25-basis-point reduction in the policy rate was appropriate, and that…...
Warren warns Fed, Treasury against crypto bailout
4+ day, 1+ hour ago (302+ words) "Any government response to Bitcoin's recent crash must be centered around bolstering safeguards for individual crypto holders," Warren wrote. "American taxpayers should not be on the hook for billionaire crypto investors." The Massachusetts Senator urged the policymakers to forgo government-led…...
'Skinny' master account likely to spur litigation
5+ day, 12+ hour ago (1057+ words) The Federal Reserve's proposed "skinny" master account for fintechs and other nontraditional financial companies may move quickly towards finalization at the central bank, but experts say implementation will very likely be stalled by legal challenges from the banking industry or…...
Big-bank execs are embracing the Federal Reserve and AI
1+ week, 4+ day ago (1023+ words) American Banker's 2026 Predictions report was fielded online during October and November of 2025 among 174 banking professionals who work across a variety of executive roles at banks, credit unions, neobanks and payments companies. This item focuses on results from national bankers. To…...
U.S. adds 130,000 jobs in January; unemployment rate falls
1+ week, 5+ day ago (476+ words) WASHINGTON " U.S. employers added 130,000 jobs in January as the unemployment rate dropped to 4.3%, the Bureau of Labor Statistics said on Wednesday." Health care and construction drove the increase, adding 82,000 and 33,000 jobs respectively. The report comes a week later than expected, as…...
Before shrinking the Fed's balance sheet, Warsh has other work to do
1+ week, 5+ day ago (575+ words) There is no dispute that the Federal Reserve's balance sheet has grown too large after the 2008 crisis. Years of quantitative easing, or QE, have contributed to income inequality, lack of budget discipline, and fanned concerns about dollar debasement, giving rise…...
To monitor an AI-driven economy, the Fed is going to need new tools
1+ week, 6+ day ago (741+ words) Investors, policymakers, and CEOs all understand that artificial intelligence will soon have profound impacts on production, labor, and the economy as a whole. Not only will it affect how work is being done, but it will also affect where changes…...
Fed's Jefferson wary of inflationary pressure from AI
2+ week, 2+ day ago (463+ words) Federal Reserve Vice Chair Philip Jefferson said Friday that, while the central bank's near-term monetary policy choices will be based on incoming data, forthcoming productivity gains brought on by artificial intelligence could compel the Fed to maintain higher interest rates…...
Nonbank mortgage companies remain a threat to the financial system
2+ week, 3+ day ago (190+ words) Pulte says a GSE stock offering remains likely in 2026, but other policy paths are in play. NMN survey data shows the industry expects broader changes first. A group of Senate Democratic lawmakers warn proposed rule change would handcuff regulators from…...
Exclusive: Warren targets narrowed bank risk oversight proposal
2+ week, 3+ day ago (472+ words) WASHINGTON " A proposal from bank regulators to narrow the scope of what they can define as "unsafe" or "unsound" would limit those regulators' ability to prevent financial stress, a group of Senate Democratic lawmakers said in a comment letter." The…...