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Tag: Michael Barr

Fed’s Caution On Stablecoins Risks Countered With Recognition Of Innovation Potential

Fed’s Caution On Stablecoins Risks Countered With Recognition Of Innovation Potential

November 8, 2023November 8, 2023 · Cryptocurrency

The use of stablecoins has recently come under increased scrutiny from the United States central bank. In a move to strengthen its supervision of banks involved in stablecoin…

Read more Fed’s Caution On Stablecoins Risks Countered With Recognition Of Innovation Potential
Video: Fed Vice Chair Calls SVB a ‘Textbook Case of Bank Mismanagement’

Video: Fed Vice Chair Calls SVB a ‘Textbook Case of Bank Mismanagement’

March 28, 2023March 28, 2023 · Banking

Michael S. Barr, the Federal Reserve’s vice chair for supervision, said Silicon Valley Bank had ignored “bread-and-butter” banking issues. The New York Times Source link

Read more Video: Fed Vice Chair Calls SVB a ‘Textbook Case of Bank Mismanagement’
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