#financial-regulation

#financial-regulation

Judge Sean Jordan's ruling upheld the inclusion of medical debt on credit reports, thereby reversing a bipartisan effort to alleviate financial pressure from healthcare costs, affecting one-third of Americans.

If the ringfencing regime for banks were to be scrapped, we really would be entering a new era or going back to an old one, since the separation of banks' retail and investment banking activities was the single biggest regulatory change introduced after the 2008-09 crash to try to prevent another blow-up.

Crystal Intelligence has received a strategic investment from Tether to enhance its blockchain analytics capabilities, focusing on risk monitoring, fraud detection, and regulatory intelligence.

The UK is on pace for its busiest year of takeovers since 2021, with £74 billion in bids tabled for British companies in the first six months of 2025.

All 22 banks tested this year would have remained solvent and above the minimum thresholds to continue to operate, despite absorbing roughly $550 billion in theoretical losses.

Rathi emphasized the need for regulatory flexibility, suggesting that the mortgage charter, while initially necessary, may now hinder economic growth and business competitiveness.

Last week, the Senate voted through the GENIUS Act, facilitating the growth of digital currency and giving it legitimacy, marking a historic victory for the crypto lobby.

Thanks to a $300 million cash infusion from the Bally's Corporation, Australia's troubled Star Entertainment casino group has been saved.

"A law passed at the end of Donald Trump's first term imposed new disclosure requirements on shell companies often used to shield financial transactions behind a cloak of anonymity."

"Today's consultation represents a failure of vision by the PSR. Their proposed remedies fall well short of the robust measures needed to tackle the harms that have arisen from the dominance of the card scheme operators."

This episode highlights significant changes like Elon Musk's decision to impose spending limits on U.S. government employee credit cards and DOGE's integration of AI tools.

Mr. McKernan stated he trusted that the F.D.I.C. would succeed while also reversing the regulatory overreaches of the last few years.