Central Banks
Central Banks

Tim Scott discusses affordable housing challenges at HUD nomination hearing

In Washington, D.C., Chairman Tim Scott presided over a hearing on the nomination of Scott Turner for Secretary of the U.S. Department of Housing and Urban Development.
Latest Central Banks News
Latest News

Bank of Russia reports January's deposit interest rates

The Bank of Russia has released the results for January 2025 regarding the monitoring of maximum interest rates on deposits in Russian rubles.

Bank of Russia revises insurance rates for public transport and regional adjustments

From January 27, 2025, changes will be implemented in the compulsory motor third-party liability insurance (CMTPLI) rates for certain vehicles.

House Financial Services Committee sets organizational meeting for January

The House Financial Services Committee, led by Chairman French Hill (AR-02), has announced its Organizational Meeting for the 119th Congress.

Growth in Russian sectoral financial flows accelerates in December

In December, the amount of incoming payments processed through the Bank of Russia rose by 9.3%, marking a significant increase compared to the previous two months.

Third Circuit judge on SEC lacking clarity: If crypto firms can’t get clarity from the SEC, 'why try at all?'

Judge Stephanos Bibas of the Third Circuit Court has called for a reconsideration of the Securities and Exchange Commission's (SEC) rejection of Coinbase's rulemaking petition.

Senator Tim Scott outlines banking committee goals for 119th Congress

Chairman Tim Scott of South Carolina has announced the legislative and oversight priorities for the U.S. Senate Committee on Banking, Housing, and Urban Affairs for the 119th Congress.

Chairman Hill announces new subcommittee roles for House Financial Services Committee

House Financial Services Committee Chairman French Hill announced the subcommittee vice chairs and member assignments for the 119th Congress. “I am proud to lead the exceptional membership of our House Financial Services Committee Republicans for...

Bank of Russia reports December's max interest rates on deposits

The Bank of Russia has released the December 2024 results for monitoring maximum interest rates on deposits in Russian rubles.

Bank of Russia issues commemorative coin for Kayum Nasyri's bicentenary

On January 15, 2025, the Bank of Russia will release a commemorative coin honoring scholar and educator Kayum Nasyri.

New House task force targets monetary policy and economic resilience

House Financial Services Committee Chairman French Hill announced the formation of a new task force focused on monetary policy, treasury market resilience, and economic prosperity for the 119th Congress.

Fed vice chair Barr resigns, effective Feb. 28

Michael S. Barr, vice chair for supervision of the U.S. Federal Reserve, has announced his resignation effective February 28 or earlier if a successor is confirmed.

Agency banking's potential impact on South African financial inclusion

This paper investigates the role of agency banking in enhancing financial inclusion in South Africa.

New model analyzes liquidity and credit risks in South African bonds

This paper presents a new dynamic term structure model that addresses both liquidity and credit risk premia in bond prices.

House committee names vice chairmen and subcommittee chairs

House Financial Services Committee Chairman French Hill announced key positions for the 119th Congress.

Bank of Russia to issue Saint George investment coins in silver and gold

On January 10, 2025, the Bank of Russia will release new investment coins featuring Saint George the Victorious.

Russia issues guidance on disclosure limits for security issuers

The Bank of Russia and the Russian Ministry of Finance have issued a joint information letter to financial market participants, detailing general approaches for limiting access to security issuers' sensitive information.

BRICS presidency ends with focus on finance and security

Russia's term as the BRICS presidency has concluded, with significant progress made in the financial sector.

Senator Tim Scott supports Paul Atkins for SEC chairman

U.S. Senator Tim Scott has issued a statement regarding his meeting with Paul Atkins, who has been nominated by President Trump to serve as the Chairman of the Securities and Exchange Commission (SEC).

Senator Scott criticizes CFPB's new medical debt rule

U.S. Senator Tim Scott has expressed criticism regarding the Consumer Financial Protection Bureau's (CFPB) final rule on medical debt.