US Department of the Treasury
US Senate confirms Barr as Fed vice-chair
Democrat appointees now form majority of board of governors
US regulators gear up for CBDC work
US Treasury and Fed governor hint at the next steps in CBDC development
Book notes: Harry White and the American creed, by James Boughton
This book offers a deeper understanding of the hugely influential IMF founder and his work, but fails to resolve espionage charges
Iran imposes restrictions on payments
Authorities cite risk of cyber attacks, but economy has also faced capital flight
Yellen calls for new stablecoin regulation amid algorithmic crash
Terra, a leading stablecoin, lost its dollar peg as several crypto-assets fell
Stablecoins revive US narrow banking debate
Legislators suggest simplified bank rules to regulate issuers, but Federal Reserve is cautious
Biden nominates Barr for Fed supervision post
Previous nominee Sarah Bloom Raskin withdrew in March after Republican attacks
Presidential ally obtained funds from Zimbabwe central bank
RBZ exchanged Treasury bills at inflated rate as part of giveaway, investigation finds
Abu Dhabi wealth fund to “pause” Russia investments
Mubadala CEO calls Ukraine war “a travesty”, but fund has small Russia exposure
Central banking in occupied Ukraine: what might happen?
How Russian authorities might deal with banking and currency in occupied Ukraine
Raskin withdraws Fed candidacy
Nominee cites “relentless attacks by special interests” after key senators oppose bid
Raskin Fed role in doubt as key senators voice opposition
Manchin says appointment would “politicise” Fed with opposition to fossil fuels
People: Chile appoints new central bank director
BoJ set to gain new policy board members; RBA names new head of banking; and more
US, EU and UK tighten sanctions as Nabiullina orders massive rate rise
Bank of Russia implements more emergency measures as currency falls sharply
US announces initial financial sanctions on Russia
Biden administration bars secondary market bond transactions, but expert says impact likely to be limited
US Senate Republicans stall Fed nominations
Raskin denies opposition lawmakers’ allegations that she engaged in untoward lobbying
US Treasury opposes ending IMF surcharges
Biden administration rejects initiative championed by Democratic progressives
Biden nominates three to Fed board
Republican senator signals likely opposition to president’s pick for top supervisor
US prime fund swing pricing proposal sparks industry alarm
Some fear SEC rule would repel investors; high liquidity requirements could make funds uneconomic
Powell: FOMC may accelerate taper
Fed will no longer refer to inflation as “transitory”
Quarles will resign from Fed board at end of year
Former vice-chair for supervision had 10 years left as governor
US regulators call for new stablecoin regulations
Working group wants issuers to be insured and regulated like banks
Is Powell still on track for second term?
Despite scandals and vocal criticism, support still looks likely to outweigh opposition
Iranian court sentences former governor to 10 years in prison
Valiollah Seif convicted of currency offences, but reportedly remains free pending appeal