Sen. Tim Scott says bipartisan progress on Clarity Act; markets dip Sen. Tim Scott said Republicans, Democrats and the White House have largely agreed on language for the Clarity Act but that industry buy‑in is still needed; markets reacted to reports of a preliminary deal, with Circle shares falling sharply and Coinbase opposing the latest version.

Bipartisan momentum is building for the Clarity Act, but will the industry get on board before markets react again?

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FDIC Answers Questions on Problem Banks, CAMELS Reform, Stablecoin Rulemaking and ILC Approvals During Q&A at the FDIC's press briefing, Chairman Travis Hill said the problem-bank list rose by a net of three, CAMELS reform is under way, FDIC is working on stablecoin prudential rulemaking and the agency processed several Industrial Loan Company applications with added protections.

The FDIC's Chairman reveals a net increase in problem banks and hints at significant reforms in CAMELS ratings and stablecoin regulations—what’s next for our financial landscape?

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Federal Reserve officials questioned on accountability for Silicon Valley Bank failures Senators probe Federal Reserve's supervisory lapses leading to Silicon Valley Bank's collapse.

Senators are demanding answers from Federal Reserve officials about the shocking lack of accountability that led to the Silicon Valley Bank collapse.

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Governor Bowman addresses Senate on Federal Reserve stress testing and regulatory challenges Bowman discusses failures in Fed supervision and proposes revised strategies for banking regulations.

Governor Bowman faced tough questions in the Senate about the Federal Reserve's oversight failures and the urgent need for revamped stress testing protocols.

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