Katanga Johnson

Federal Reserve Governor Christopher Waller says the agency will be more active in studying ways to embrace innovative advancements in payments.

US regulators are set to release a plan to encourage small banks to lend more by easing a set of capital requirements, according to people familiar with the matter.

The Federal Reserve’s top banking cop has kicked off what some executives hope will be the start of an increased focus on community lenders.

US regulators ought to welcome the ways new technologies could benefit financial firms as well as consumers, while imposing guardrails that promote safety, Federal Reserve Governor Christopher Waller said.

Michelle Bowman, the Federal Reserve’s top bank cop, said inflation is close enough to the central bank’s target to justify more interest rate cuts because the job market is weakening.

The US Federal Reserve will meet next month with Blackstone Inc. Chief Executive Officer Stephen Schwarzman, Robinhood Markets Inc. CEO Vlad Tenev and Treasury Secretary Scott Bessent to discuss challenges affecting community banks, among other themes.

Jonathan Gould, the head of the Office of the Comptroller of the Currency, said he wants to eradicate what he calls a two-tiered system that stigmatizes “legally, permissible activities” between some banks and the digital asset industry.

Fed to Host ‘Payments Innovation’ Conference Next Month

Paper losses at US banks eased in the second quarter and the bedrock deposit insurance fund’s balance ticked higher, according to a quarterly report by the Federal Deposit Insurance Corp.

Waller Says Fed Should Work With Industry on Payment Services