Agencies Start Flood-Insurance Clarification Process
The federal banking agencies, NCUA, and FCA today proposed adding 24 questions and answers to their interagency FAQs on complying with private flood insurance provisions in the 2012 Biggert-Waters Flood Insurance Reform Act.

Powell: CBDC Must Complement, Not Replace, Cash
In remarks today regarding global regulatory work on cross-border payments, FRB Chair Powell highlighted a key finding of a recent BIS report developed together with G7 central banks: CBDC must coexist with cash and other types of money in a flexible and innovative payment system.

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