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The Fed is heading for an F on a $7 trillion testTrump's financial appointees dismiss climate change's economic impact, but trillions have already been lost to disasters, with costs escala...- US panel urges greater crypto asset regulationOn Friday, the Financial Stability Oversight Council (FSOC) recommended that Congress pass legislation "providing federal financial regulat...
- US regulators add artificial intelligence to potential financial system risksThe Financial Stability Oversight Council, which comprises top financial regulators and is chaired by Treasury Secretary Janet Yellen, flag...
- US identifies use of AI as risk in financial systemThere is a need to monitor "rapid developments in AI, including generative AI, to ensure that oversight structures keep up with or stay ahe...
- Satcomm to improve rural digital inclusion: ReportThe report, released Tuesday, said that in addition to increasing fixed line networks, there is a need to adopt new technologies to improve...
- Stablecoins face crackdown as US discusses risk council reviewStablecoins have thrived in the unregulated shadows, with tokens in circulation now worth more than $120 billion, according to CoinMarketCa...
- Janet Yellen confirmed as first female US Treasury secretary - Here's what she can do about climate changeShe can help guide the U.S. to the sweet spot of immediate growth that also puts the country on the path toward a cleaner, more resilient f...
- The Covid crisis exposed what financial reformers missedRegulators did a lot to make the core banking system more resilient. They increased requirements for loss-absorbing capital, and for the li...
- $11-trillion US mortgage market has a shadowy new playerThere’s no indication though that the council is considering singling out the business as a risk to financial stability.
- Andhra Pradesh government signs agreements with Alphabet X for Fibergrid projectThe agreement was signed by Nara Lokesh, minister of IT, Government of Andhra Pradesh during his visit to Mountain View headquarters of Alp...
- Taking systemic risk seriously in the financial sphereBy contrast, a growing group of current and former officials continues to express concern about current and potential future risks in the U...
- Finance Ministry to set up special group to deal with impact of global crisisThe Finance Ministry today decided to set up a Crisis Management Group (CMG) to deal with the impact of the global problems on the domestic...
- Financial stability council may not dilute RBI's autonomyAmid concerns within the RBI about it being overshadowed by a super regulator, a government official said the proposed council will not dil...
- Govt may not make RBI Governor FSDC's vice-chairman: SourcesThe proposed FSDC in India will not breach the autonomy of the regulators, a concern which has been voiced by the RBI.
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