Although the federal government is on high alert for possible terrorist attacks on key financial institutions, Treasury officials want the markets to continue to operate as usual."I applaud the financial services industry for remaining open for business," Treasury Secretary John Snow said Monday morning. The Treasury secretary said he is working closely with the Department of Homeland Security and others to monitor the situation. "Federal regulators and law enforcement officials will continue to work closely with financial market participants to quickly respond to any potential market disruptions," Secretary Snow said. At Freddie Mac, "it is business as usual," a spokesman said.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
51m ago -
AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
4h ago -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
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The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18









