All Things Finreg
Latest regulatory developments impacting the financial serivces industry. Congress codifies SEC staff's M&A broker no-action...with a tweak.
Recent
Fed Seen Raising Rates to 5.1%, Then (Maybe) Stopping
Fed seen raising its policy rate at least twice more to the 5%-5.25% range. Fed raised rates faster and farther last year than any time since 1980s.
Biden to Tap Brainard, Bernstein to Economic Team, Leaving Fed Gap
President aims to convince skeptical Americans his economic policies are working and oversees trillions in new federal spending.
Fed’s Bowman Expects More Rate Hikes to Reach Inflation Goal
Fed will likely have to keep raising interest rates to rein in price growth, which could slow economic expansion and affect the jobs market.
SEC Hits Kraken With $30 Million Fine, Orders Crypto Exchange to Halt Staking in US
The SEC today hit San Francisco-based cryptocurrency exchange Kraken with a $30 million fine for violating securities laws.
The Most Influential Figure in America’s Economy Earns Just $190,000 a Year—and He Says That’s Fair
“It’s around $190,000 I believe,” said Powell, who joined Fed’s board of governors in 2012 before rising to become head of central bank 6 years later.
Fed’s Kashkari Says Strong Jobs Data Show Need for More Hikes
Kashkari said January’s strong labor-market report shows the US central bank needs to keep raising interest rates.
