Maria Volkova

Federal Reserve Gov. Christopher Waller said Tuesday that guardrails are in place around how artificial intelligence is used in central bank research.

Key takeaway: The National Credit Union Administration rule would preempt an Illinois law barring credit card operators from charging interchange fees on taxes and tips, arguing that the statute is preempted by federal law.

A Senate Commerce Committee hearing Wednesday underscored the debate over whether the Commodity Futures Trading Commission has the capacity to regulate the rapidly growing prediction markets industry or whether state regulators should play a larger role in overseeing the space.

Key takeaway: The Federal Reserve took a step toward finalizing its skinny master account framework on Wednesday, publishing a proposal for public

Key takeaway : Kevin Warsh, President Donald Trump's pick to lead the central bank, is now officially the chair of the Federal Reserve.

Banks are prioritizing AI investments for several reasons, including streamlining operations, reducing costs and improving employee workflows.

Key takeaway: The private credit market, with an estimated size of $1.5-$2 trillion, poses a challenge to regulators tasked with monitoring the sector because data collection is fragmented or locked behind paywalls.

Key takeaway: Securities and Exchange Commission Chair Paul Atkins highlighted the agency's coordination efforts with the Commodity Futures Trading

The Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. said Tuesday they had removed references

The Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. said Tuesday they had removed references to reputational risk from certain interagency guidance documents, furthering the administration's state goal of eliminating reputational risk from bank…