Warren Anti-Merger Bill Won’t Pass, Still Packs Punch
Following her assertions earlier this week (see Client Report REFORM208) that the Fed “rubber-stamps” bank mergers, Sen. Warren (D-MA) introduced S. 2882, legislation sharply tightening the conditions on which bank mergers may be approved.
IMF Calls for Fast Crypto Rules to Stem Rising Threats
The IMF’s latest blog post summarizes a new IMF report highlighting crypto’s emerging consumer and systemic risks.
FIO: U.S. Insurance Industry Strong, But Challenged by Low Rates
Treasury’s Federal Insurance Office (FIO) late yesterday released its annual report on the insurance industry as required by Dodd-Frank.