Basel Backs Down on Crypto, Advances Climate Work
The Basel Committee today conceded to comments on its tough crypto-capital proposal (see FSM Report CRYPTO19) saying that it will release another set of prudential standards in 2022.

Treasury, SEC Advance Racial-Equity Agenda
At a conference today on equitable economic growth, Secretary Yellen cited disparities in PPP offerings as just one example of inequitable market practice the Treasury Department aims to end.