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REUTERS/Sarah Silbiger/File Photo Acquire Licensing RightsWASHINGTON, Nov 7 (Reuters) - The U.S. regulator charged with overseeing the Federal Home Loan Banks said in a report on Tuesday the system is overdue for an overhaul in its mission and structure. The Federal Housing Finance Agency emphasized in the report that there needs to be a clearer distinction between the purpose of the FHL banks and the Federal Reserve, which is the primary emergency lender for banks. The agency said FHL banks were created by Congress in 1932 to provide liquidity to banks for affordable housing and other economic development. Tuesday's report was the culmination of a year-long project by the agency to review the FHL banks. FHL Banks are 11 regional government-chartered institutions that raise money for low-cost lending to their members.

Persons: Sarah Silbiger, Loan Banks, Banks, Ryan Donovan, Pete Schroeder, Aurora Ellis Organizations: REUTERS, Rights, Federal, Loan, Federal Housing Finance Agency, Federal Reserve, of Federal Home Loan, Thomson Locations: Washington , U.S, U.S

☆ Opinion: Biden needs to call for a ceasefire and restore respect for international law
▼ + stars: | 2023-11-07 | by ( Mary Ellen O Connell | ) edition.cnn.com time to read: +45 min

Alexi J. Rosenfeld/Getty Images Europe/Getty Images Palestinians inspect a destroyed area following an Israeli airstrike in Gaza on October 21. Ronen Zvulun/Reuters A woman mourns over a dead man at the Al-Aqsa Martyrs Hospital in Gaza City on October 18. Yousef Masoud/The New York Times A morgue worker arranges body bags at al-Shifa hospital in Gaza City on October 12. Samar Abu Elouf/The New York Times/Redux Children run for cover as bombs fall near the Al-Shifa Hospital in Gaza City on October 9. Erik Marmor/AP Six-month-old Sama Alwadia is rescued from the rubble in Gaza City on October 9.

Persons: Mary Ellen O’Connell, Robert, Marion Short, “, ”, Mary Ellen, Khan, Ahmad Hasaballah, Ariel Schalit, Abed Rahim Khatib, Ronen Zvulun, Mahmud Hams, Leo Correa, Mohammed Abed, Amir Cohen, Mohammed Alaloul, Majdi, Fatima Shbair, Alexi J . Rosenfeld, Mustafa Hassona, Neil Hall, Saeed Jaras, Mohammad Abu Hattab, Mohammed Talatene, Ditza Heiman, Shir Torem, Salman Habaka, Ibraheem Abu Mustafa, Yuval Zilber, Hatem Ali, Jalaa Merey, Ahmad Salem, Ali Jadallah, Atef Safadi, Abed Zagout, Fadel Senna, Anas al, Yosef Vahav, Kiryat Shmona, Jalaa Marey, Albert Miles, Bernat, Ilan Rosenberg, Ashraf Amra, Manna, Tamar Chaya Torpiashvili, Abed Khaled, Tamir Kalifa, Khan Younis, Benjamin Netanyahu, Yoav Gallant, Ammar Awad, Jehad Al, Kafarnah, Teddy, Dan Kitwood, Dima Vazinovich, Jack Guez, Sagiv Ben Zvi, Evelyn Hockstein, Omar El, Mohammed Salem, Amir Levy, Yasser Qudih, Tsafrir, Francisco Seco, Mohammed Saber, Ali Mohmoud, Mai Yaghi, Yam Goldstein, Nadav, Khaled Joudeh, Samar Abu, Leon Neal, Hatem Moussa, Nir Oz, Wolfgang Schwan, Yousef Masoud, Shadi Tabatibi, Belal al Sabbagh, Rizek Abdeljawad, Ahmad Gharabli, Janis Laizans, Mohammed Dahman, Gallant, Ofir Libstein, Aza, Belal Khaled, Hod, Ayal Margolin, Antony Blinken, Joe Biden, Brendan Smialowski, Biden, Netanyahu, Kenny Holston, Kfar Aza, Ilia Yefimovich, Mahmoud Khaled, Dor Reder, Violeta Santos Moura, Mohammed Fayq Abu Mostafa, Antonio Macías, Macías, Eli Albag, Liri, Sergey Ponomarev, Dor Kedmi, Saher, Abraham Cohen, Valentin Ghnassia, Ghnassia, Yuri Cortez, Ibrahim Hams, Bashar Taleb, Baz Ratner, Yahya Hassouna, Mapal Adam, Agha, Reuters Itzik, Miriam Shafir, Dor Shafir, Savion Kiper, Maya Alleruzzo, CNN Sergey Ponomarev, Eden Guez, Ohad, Mohammed Soboh, Said, Noam Elimeleh Rothenberg, Ilai Bar Sade, Erik Marmor, Oren Ziv, Ramez Mahmoud, Roi Levy, Alleruzzo, Tali Touito, Oded, Ahmad Hasballah, Eyad Baba, Itai Ron, Hadas Parush, —, Ron Dermer, NPR’s Tom Bowman Organizations: Kroc, University of Notre Dame, Defense, CNN, Hamas, Mary Ellen O'Connell University of Notre Dame International, UN, UN Security Council, International Court of Justice, Nasser Medical, AP, Najjar, Reuters, Getty, Israel Defence Forces handout, Israel Defense Forces, Shutterstock, Reuters United Nations, Shifa, Palestine, Pictures, Bloomberg, Israeli Apache, United Nations Relief, Works Agency, Al Aqsa Martyrs Hospital, Palestinian, Al, IDF, EyePress, New York Times, Israeli, Getty Images, Nasser Medical Hospital, Deir Al, Tel Aviv University, Reuters Civil, AP Rockets, AP Israel's, Regional, Aqsa Martyrs Hospital, Israel's, Ahli Baptist Hospital, Ben Gurion International, Aris Messinis, Haim, Puma, Mount, Mount Herzl Military, Nova, Anadolu Agency, Nova Festival, Ben Gurion, West Bank, Rockets, United Nations, Reuters Police, Reuters Rockets, ISIS, United States, Gaza, US, Criminal, Pentagon Locations: Gaza, Israel, Khan Younis, Tel Aviv, Jerusalem, AFP, Jerusalem's, City, Rafah, Jerusalem's Old City, Deir Balah, Mahmud, Southern Israel, Anadolu, Ashkelon, Al, Gaza City, Haifa, Yanuh Jat, Netaim, Israeli, Golan Heights, Lebanon, Egypt, Sderot, Shareef, Beit Guvrin, Reuters Israeli, Kiryat, Al Aqsa, Deir Al, Balah, Kibbutz Be'eri, Ashdod, Holon, Najjar, Ichilov, Kibbutz Shefayim, Deir, Samar, Samar Abu Elouf, Deir al, Kibbutz Kissufim, Zahra City, Europe, Xinhua, East Jerusalem, Ras, Israel's, Yehuda, Aqsa, Hod HaSharon, Kiryat Shmona, Ahli, Gan, Kfar, North Sinai, Beit Kama, Cyprus, Kfar Saba, Be'eri, Rehovot, Mount Herzl, Modiin Maccabim, Kfar Aza, Mount Herzel, Yassin, Palestinian, Beitar Ilit, Ramat Gan, Itai, Beit Hanun, Rishon Lezion, United, Iraq, Syria, Geneva, Rome

☆ Elon Musk's X restructuring curtails disinformation research, spurs legal fears
▼ + stars: | 2023-11-06 | by ( Sheila Dang | ) www.reuters.com time to read: +9 min

It also shows a majority of survey respondents fear being sued by X over their findings or use of data. European Union regulators are also currently investigating X's handling of disinformation, which was the focus of multiple stalled or canceled independent research studies, the survey found. She helped conduct the research survey for the coalition, a global group with more than 300 members, that works to advance the study of technology's impact on society. 'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. Short-form video app TikTok announced an academic research API earlier this year, but its onerous terms and conditions limit its usefulness for researchers, said Megan A.

Persons: Elon, Musk's, Josephine Lukito, Musk, Carlos Barria, Lukito, Tim Weninger, Megan A, Brown, X, CCDH, Imran Ahmed, Bond Benton, Linda Yaccarino, Sheila Dang, Zeba Siddiqui, Martin Coulter, Supantha Mukherjee, Kenneth Li, Anna Driver Organizations: Social, Reuters, Twitter, Coalition for Independent Technology Research, Center, Union, University of Texas, San, EU, Reuters Graphics, REUTERS, University of Notre Dame, New York University, Tech Policy Press, Facebook, Montclair State University, Sprinklr, Thomson Locations: Israel, Gaza, quantifies, U.S, Australian, Austin, San Francisco, San Francisco , California, China, Sprinklr, London, Stockholm

[1/2] Republican U.S. presidential candidate Florida Governor Ron DeSantis and Iowa Governor Kim Reynolds display "Get Shit Done" mugs during a "Fair-Side Chat" at the Iowa State Fair in Des Moines, Iowa, U.S., August 12, 2023. REUTERS/Evelyn Hockstein Acquire Licensing RightsWASHINGTON, Nov 5 (Reuters) - Iowa Governor Kim Reynolds will endorse Florida Governor Ron DeSantis's bid to be the Republican nominee in the 2024 presidential race on Monday, according to a source familiar with the matter. An endorsement from Reynolds could be a critical boost for DeSantis, who has fallen far behind former President Donald Trump in the race for the 2024 Republican presidential nomination. The DeSantis campaign and Reynolds's office did not respond to requests for comment. Reynolds will appear at a DeSantis rally in Des Moines, Iowa, on Monday at 6 p.m.

Persons: Ron DeSantis, Kim Reynolds, Evelyn Hockstein, Ron DeSantis's, Reynolds, Donald Trump, DeSantis, Trump, Pete Schroeder, Gram Slattery, Lisa Shumaker Organizations: Republican U.S, Florida, Iowa, Fair, REUTERS, Rights, Republican, DeSantis, NBC News, Trump, NBC, Thomson Locations: Iowa, Des Moines , Iowa, U.S

Both changes to the process for designating a non-bank as a "systemically important financial institution," or SIFI, were proposed in April. Friday's vote reversed a Trump administration policy that regulators should police risky activities rather than single out individual firms. Under the revamped process, FSOC will identify potential SIFIs based on existing information and give the company a chance to respond. Similarly, the Managed Funds Association, which represents hedge funds, said non-banks do not pose the same risks as banks. "The guidance imposes a black box designation process that introduces uncertainty for market participants," said MFA President and CEO Bryan Corbett.

Persons: Brendan McDermid, Donald Trump, FSOC, Trump, Janet Yellen, Eric Pan, Bryan Corbett, Barack Obama, Ian Katz, Pete Schroeder, Chris Reese, Michelle Price, Richard Chang Organizations: Wall, REUTERS, WASHINGTON, Treasury Department, U.S . Federal, BlackRock, Bridgewater, Investment Company Institute, Association, MetLife, Inc, General Electric Capital Corporation, American International Group, Prudential Financial, Capital Alpha Partners, Carolina, Thomson Locations: New York, U.S, BlackRock, Bridgewater

In the wake of Matthew Perry's death at 54, fans in China are mourning the loss of the star who felt less like a distant celebrity and more like an old friend. “People shared their own memories about Chandler and ‘Friends’ and many teared up.”A large poster displayed on the bar featured pictures of Perry over the years. Once Chinese fans added Mandarin subtitles to the show, which ran in the U.S. from 1994 to 2004, it quickly gained a following. “This TV show actually offered a way to imagine this kind of so-called metropolitan utopian imagination.”Many Chinese fans learned English through watching the show and got a peek into American life and culture. “It feels like I just got to know this long-lost friend, but he’s just gone.”___Fu Ting reported from Washington.

Persons: Long, ”, Matthew Perry's, Chandler Bing, Nie Yanxia, Chandler, Perry, Xian Wang, ” wasn't, China —, Wang, ” Wang, Nilufar Arkin, Monica, “, ” Arkin, ” Fu Xueying, ” Fu, Zhang Fengguang, Sun Tiantian, Zhang, Sun, ” Zhang, he’s, Fu Ting, Han Guan Ng Organizations: University of Notre Dame, Associated Press Locations: China, Shenzhen, Hong Kong, Los Angeles, Sohu, U.S, Shanghai, Tianjin, Xinjiang, Guangzhou, Washington

That is true both for the two countries at the national level, and for state-level engagement. California has a steady and long working relationship with China. Arnold Schwarzenegger, a Republican governor, started the formal relationship with China over climate cooperation a decade ago, Jaros said. State regulators also have banned the sale of most new gas-powered cars in California by 2035. Meanwhile, the California family of a Christian pastor who has been detained in China since 2006 said Newsom should take any possible opportunity to argue for his release.

Persons: Gavin Newsom’s, Xi Jinping, Joe Biden, Xi, China “, ”, Alex Wang, Trump, Kyle Jaros, Arnold Schwarzenegger, Jaros, Democrat Jerry Brown, “, Wang, Newsom, he’s, Jinping, Alfred Wu, David Lin’s Organizations: —, China -, U.S, Economic Cooperation, UCLA, University of Notre Dame, Republican, Democrat, UCLA’s Emmett Institute, Democratic, National University of Singapore Locations: BANGKOK, — California, China, San Francisco, Asia, California, Hong Kong, U.S, Beijing, Taiwan

The scheduled Fed board meeting will mark the first time in over a decade that the central bank has proposed revising the fees, which generated around $24.31 billion for lenders in 2019, the most recent Fed data shows. The Fed has not said how it plans to change the fees, which have long been criticized by retailers as disproportionately high, and a spokesman for the central bank declined to comment. The Wall Street Journal reported last week that the Fed will lower the caps, sending shares in credit card companies Visa V.N and Mastercard MA.N lower. In 2011 the central bank capped them at 21 cents per transaction, plus 0.05% of the transaction cost. Analysts said that it is likely the Fed could face a legal challenge from either industry if it pursues new caps.

Persons: Austen Jensen, Dodd, Frank, Banks, TD Cowen, Jaret Seiberg, Pete Schroeder, Michelle Price, Aurora Ellis Organizations: U.S . Federal, Fed, Retail Industry, Association, Street, Visa V.N, Mastercard MA.N, Thomson

MAYWOOD, Ill. (AP) — Former NFL player Sergio Brown, charged with killing his mother, bought a one-way ticket to Cancun, Mexico, after being the last person seen with the woman before her slaying last month, a prosecutor said Wednesday. Brown, who faces charges of first-degree murder and concealing a homicide, appeared in court for a detention hearing Wednesday before Cook County Judge Teresa Molina-Gonzalez, who denied him pretrial release. The body of his mother, Myrtle Brown, was discovered Sept. 16 near a creek in Maywood, about 12 miles (19 kilometers) west of Chicago. Brown, 35, and his 73-year-old mother lived together in Maywood. The cellphones of Brown and his mother showed they were near the same location at the estimated time of her death, Villarreal said.

Persons: —, Sergio Brown, Brown, Teresa Molina, Gonzalez, Myrtle Brown, Jose Villarreal, Villarreal, Sergio Brown’s, Robert Fox, “, ” Fox, Charnelle Dunlap Organizations: NFL, Chicago Sun, Times, Cook, Fox, East High School, University of Notre Dame, New England Patriots, Indianapolis Colts, Atlanta Falcons, Jacksonville Jaguars, Buffalo Bills Locations: MAYWOOD, Ill, Cancun, Mexico, Cook, Maywood, Chicago, Illionis, Cook County, Colombia

WASHINGTON, Oct 24 (Reuters) - U.S. regulators will begin grading banks on which communities and geographies they service via online lending under tougher new rules modernizing fair lending standards to be finalized on Tuesday. The changes to 1977 Community Reinvestment Act (CRA) regulations draw a line under a contentious multiyear effort that was delayed amid fierce lobbying by community groups and lenders, as well as by a change of presidential administrations. Conceived to prevent red lining, CRA regulations are central to banks' overall supervisory performance. Historically, CRA grades focused on how well banks serviced low-income communities where banks have branches. Banks on Tuesday said they supported fair lending but flagged concerns with the final rule.

Persons: Michael Barr, Michelle Bowman, Banks, Randy Benjenk, Lindsey Johnson, Pete Schroeder, Andrea Ricci, Michelle Price, Marguerita Choy Organizations: Federal, Fed, Federal Deposit Insurance Corporation, Office, Covington, Consumer Bankers Association, Thomson Locations: U.S, Burling

☆ What to Know About Dengue Fever as Cases Spread to New Places
▼ + stars: | 2023-10-24 | by ( Stephanie Nolen | More About Stephanie Nolen | ) www.nytimes.com time to read: +1 min

It is unlikely that dengue will become a serious problem in the United States, “as long as people keeping living like they’re living now,” said Thomas W. Scott, a dengue epidemiologist and professor emeritus at University of California, Davis. Outside Puerto Rico and other territories where the disease is endemic, there are about 550 dengue cases each year in the United States, but they are imported by travelers who were infected abroad and passed the disease along to their close contacts. The case in Pasadena is a rare locally acquired case of dengue in the United States. But scientists say dengue will continue to spread to places that haven’t experienced it before. “But I think the general expectation that this is going to be a growing problem in the United States is reasonable.”

Persons: ”, Thomas W, Scott, Alex Perkins, Dr, Perkins Organizations: University of California, University of Notre Dame Locations: United States, Davis, Puerto Rico, Pasadena

WASHINGTON, Oct 20 (Reuters) - The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of respondents to a Federal Reserve survey on financial stability, the U.S. central bank said on Friday. The latest version of the central bank's semiannual report found that three-quarters of survey respondents cited those two issues as prominent near-term risks. Concerns over bank stability following the failure of three large firms this spring were cited by roughly half, similar to levels seen in the May version of the report. Reporting by Pete Schroeder; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Pete Schroeder, Leslie Adler Organizations: Federal, Thomson Locations: U.S

Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo Acquire Licensing RightsWASHINGTON, Oct 20 (Reuters) - A trio of U.S. banking regulators announced on Friday they were giving the public extra time to digest and provide feedback on a broad proposal to raise bank capital requirements that is already facing fierce industry pushback. The regulators are similarly extending the window for a separate proposal that would raise a capital surcharge for the largest global banks. Firms have warned the proposal if finalized could force them to curtail lending, curb product offerings, and lead to economic harm. The "Basel Endgame" proposal implements international capital standards agreed by the Basel Committee on Banking Supervision in the aftermath of the 2007-2009 financial crisis.

Persons: Rick Wilking, Banks, Pete Schroeder, Andrea Ricci Organizations: REUTERS, Rights, Federal Reserve, Federal Deposit Insurance Corporation, Currency, Regulators, Banking, Fed, Thomson Locations: Westminster , Colorado

☆ Judge in Sam Bankman-Fried trial reams out lawyers for having witnesses 'hauled up here' from across the country without much to say
▼ + stars: | 2023-10-18 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Attorneys in Sam Bankman-Fried's Manhattan trial were chewed out by the judge on Wednesday. Judge Lewis Kaplan lost his patience over two witnesses who gave useless testimony. Kaplan was particularly frustrated that one of the witnesses had traveled from Texas to participate. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Kaplan's complaints aside, Wednesday was an otherwise efficient trial day, with four witnesses taking the stand in total.

Persons: Sam Bankman, Judge Lewis Kaplan, Kaplan, —, Lewis Kaplan, it's, Bankman, Fried, Eliora Katz, Katz, Cory Gaddis, Gaddis, Peter Easton, University of Notre Dame, Shamel Medrano Organizations: Service, Prosecutors, FTX, Google, University of Notre, US Attorney's Locations: Manhattan, Texas, New York

Oct 15 (Reuters) - Actor Suzanne Somers, best known for her role on the television show "Three's Company" and for fitness and health business ventures, died Sunday at age 76, according to a statement from her spokesperson. "Suzanne Somers passed away peacefully at home in the early morning hours of October 15th,” Somers's spokesperson, R. Couri Hay, said in a statement. “Suzanne was surrounded by her loving husband, Alan, her son Bruce, and her immediate family,” the statement continued. Beyond appearances in television and movies, Somers was also known for writing numerous books, mainly focused on health and nutrition, as well as pitching fitness products like the Thighmaster. Reporting by Pete Schroeder; editing by Diane Craft and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Suzanne Somers, ”, Couri Hay, “ Suzanne, Alan, Bruce, “, Somers, Chrissy Snow, Pete Schroeder, Diane Craft, Gerry Doyle Organizations: New York Times, Thomson Locations: Palm Springs, Calif, Somers

A Citi sign is seen at the Citigroup stall on the floor of the New York Stock Exchange, October 16, 2012. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsWASHINGTON, Oct 13 (Reuters) - Big bank executives warned a number of products and services could become uneconomical if new proposed bank capital hikes are adopted as written, but said they were hopeful they could win some changes. Citi Chief Financial Officer Mark Mason said the proposal would lead to a 16% to 20% increase in the bank's capital. The bank is reviewing products and operations, he said, highlighting equity investments, which will also be deemed much riskier under the rules. Citi is also reviewing credit products and where they may need to reprice those, and whether they need to restructure any of their markets positions.

Persons: Brendan McDermid, Jeremy Barnum, Barnum, Michael Barr, Banks, Mark Mason, Mason, Wells, Michael Santomassimo, Santomassimo, Tatiana Bautzer Organizations: Citi, Citigroup, New York Stock Exchange, REUTERS, Rights, Big, JPMorgan, . Federal, Basel III, Thomson Locations: Wells Fargo, Basel

[1/4] The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. The IMF adjusted this year's stress test to probe the impact of its baseline economic scenario of higher interest rates for longer, as well as the possibility of consumers yanking deposits. "Under the baseline, it's about 5% of banks that are relatively weak in terms of their capital. And in severe stress, that number goes up to 30% or sometimes higher," Adrian said. The IMF did not identify the banks that could be in trouble if those economic circumstances arose, but they included both small and large lenders.

Persons: Yuri Gripas, Tobias Adrian, Adrian, There's, Pete Schroeder, Michelle Price, Paul Simao Organizations: Monetary Fund, REUTERS, Rights, International Monetary Fund, IMF, Valley Bank, Switzerland's Credit Suisse Group, Monetary, Capital Markets Department, Palestinian, World Bank, U.S, Thomson Locations: Washington , U.S, California, Israel, Gaza, Marrakech, Morocco, Italy, Federal, U.S

REUTERS/Kevin Lamarque/ Acquire Licensing RightsWASHINGTON, Oct 9 (Reuters) - The U.S. Federal Reserve's top regulatory official defended a sweeping proposal to overhaul bank capital rules before the country's largest bank lobby on Monday, arguing the benefits of a bigger cushion outweigh any additional costs banks might face. The proposal implements international capital standards agreed by the Basel Committee on Banking Supervision in the aftermath of the 2007-2009 financial crisis. Barr's Monday speech, which is his first on bank regulation since the proposal came out, served as a broad-based defense of the effort. "The private costs of capital must be weighed against the social benefits of higher capital in creating a healthier, more resilient financial system," he said, according to prepared remarks. Barr also pushed back against the industry's refrain that higher capital costs for banks will mean curtailed lending and potential economic harm.

Persons: Michael Barr, Kevin Lamarque, Michael Barr's, Barr, Jerome Powell, Powell, Isaac Boltansky, Pete Schroeder, Michelle Price, Josie Kao, Andrea Ricci Organizations: Financial, Valley Bank, Signature Bank, Capitol, REUTERS, Rights, U.S, Federal, Banking, Silicon Valley Bank, Thomson Locations: Washington , U.S, Silicon

WASHINGTON (AP) — The Supreme Court seems a bit quieter than in recent years, as the justices begin a new term. Political Cartoons View All 1190 ImagesSome things to know about the Supreme Court’s new term:GUNS AND ABORTION, REDUXThe justices' decision in June 2022 on guns altered how courts are supposed to evaluate restrictions on firearms. 5TH CIRCUITThe federal appeals court in New Orleans is keeping the Supreme Court busy. Federal judges are weighing various appeals related to the prosecution of Trump in federal courts in Washington and Florida, and state courts in Georgia and New York. The Supreme Court almost always wants the last word in deciding what a provision of the Constitution means.

Persons: Donald Trump, Biden, John Roberts, Clarence Thomas, Harlan Crow, Koch, Samuel Alito, Sonia Sotomayor, Brett Kavanaugh, Elana Kagan, Kagan, ”, TRUMP, Trump, it's, Richard Hasen Organizations: WASHINGTON, Supreme, U.S, Circuit, Appeals, Consumer Financial Protection, Securities, Exchange Commission, University of Notre Dame Locations: United States, New Orleans, Texas, Washington and Florida, Georgia, New York

WASHINGTON (AP) — The Supreme Court is returning to a new term to take up some familiar topics — guns and abortion — and concerns about ethics swirling around the justices. Lower-profile but vitally important, several cases in the term that begins Monday ask the justices to constrict the power of regulatory agencies. Political Cartoons View All 1190 ImagesBut the federal appeals court in New Orleans struck down the funding mechanism. The abortion case likely to be heard by the justices also would be the court's first word on the topic since it reversed Roe v. Wade’s right to abortion. But in some important cases last term, the court split in unusual ways.

Persons: Donald Trump, Democrat Joe Biden, ”, Jeffrey Wall, Trump, Biden, Roe, John Roberts, Irv Gornstein, ” Gornstein, Amy Coney Barrett, Neil Gorsuch, Brett Kavanaugh —, Kavanaugh, Roberts, Barrett, Clarence Thomas, Harlan Crow, Koch, Samuel Alito, Sonia Sotomayor, Elena Kagan, ” Kagan, Alito, Thomas Organizations: WASHINGTON, Republican, Democrat, Consumer Financial, Bureau, Federal Reserve, U.S, Circuit, Appeals, 5th Circuit, Trump, Institute, Gallup, University of Notre Dame, Democratic Locations: New Orleans, Texas, United States, Georgetown, Alabama

A customer leaves after speaking with FDIC representatives inside of the Silicon Valley Bank headquarters in Santa Clara, California, U.S., March 13, 2023. REUTERS/Brittany Hosea-Small Acquire Licensing RightsCompanies Silicon Valley Bank FollowWASHINGTON, Sept 28 (Reuters) - The leadership of Silicon Valley Bank and its government supervisors failed to quickly recognize risks looming in the firm before its March failure, according to a report from the U.S. Federal Reserve's inspector general. Specifically, the IG said Fed examiners struggled to transition from monitoring the bank as a smaller regional firm to stricter oversight as it rapidly grew in size, applying insufficient resources and expertise to monitoring its activities. Addressing supervisory shortcomings is a top priority for Fed Vice Chair for Supervision Michael Barr and other financial regulators in the coming months. In response to Thursday's IG report, the Fed said it generally agreed with the findings and was already working to implement several of its recommendations.

Persons: Brittany Hosea, ineffectively, Michael Barr, Barr, Pete Schroeder, Mark Porter, Marguerita Choy Organizations: Bank, REUTERS, WASHINGTON, Silicon Valley Bank, U.S, U.S . Federal, IG, Thomson Locations: Santa Clara , California, U.S, U.S .

Liberal Member of Parliament Anthony Rota speaks after being re-elected as Speaker of the House of Commons on Parliament Hill in Ottawa, Ontario, Canada November 22, 2021. Two days earlier, Speaker Anthony Rota had recognized 98-year old Yaroslav Hunka as a "Ukranian hero" before the Canadian Parliament. Rota in a statement took responsibility for what was characterized as an oversight, calling the initiative "entirely my own." The recognition came following a visit by Ukrainian President Volodymyr Zelenskiy, who thanked Canada for its assistance in his country's war against Russia. Since their forces entered Ukraine, Russian officials have drawn parallels with the struggle against Nazism during World War II.

Persons: Anthony Rota, Blair Gable, Yaroslav Hunka, Hunka, Simon Wiesenthal, Rota, Volodymyr Zelenskiy, Zelenskiy's, Pete Schroeder, Mark Porter Organizations: REUTERS, Rights, Canada's, Nazi, Waffen Grenadier Division, Simon Wiesenthal Center, Canada, Russia, Ukrainian, Waffen, Nazism, Thomson Locations: Ottawa , Ontario, Canada, Ukraine

The Citadel Securities logo is seen at their offices in Manhattan, New York City, U.S., October 31, 2022. REUTERS/Andrew Kelly Acquire Licensing RightsSept 22 (Reuters) - The U.S. Securities and Exchange Commission on Friday said Citadel Securities LLC, a Miami-based broker-dealer, had agreed to pay $7 million to settle charges it incorrectly handled millions of orders and violated short-selling rules. The SEC in a statement said Citadel Securities over a five-year period had incorrectly marked millions of orders, denoting short sales as long sales and vice versa. It said those incorrect markings resulted from a coding error in the firm's automated trading system. A Citadel spokesperson said the error was identified and addressed by the firm more than three years ago.

Persons: Andrew Kelly, Mark Cave, Rami Ayyub, Pete Schroeder, Carolina, Kirsten Donovan, Mark Porter Organizations: Citadel Securities, REUTERS, U.S . Securities, Exchange Commission, Citadel Securities LLC, SEC, Citadel, Thomson Locations: Manhattan , New York City, U.S, Miami

☆ The No. 1 personality trait linked to a long life: 'The effects of just being positive are overstated,' psychology expert says
▼ + stars: | 2023-09-17 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

The number of people who are living to at least 100 years old in the U.S. has doubled over the past decade. Many centenarians credit their longevity, at least in part, to their positive attitude. Roslyn Menaker, 103, told The Guardian that "happiness, joy, appreciation … a positive outlook," are why she has lived so long. Ruth Sweedler, 103, told CNBC Make It that she was always praised for her good attitude growing up. "I think the effects of just being positive are overstated," he says.

Persons: Roslyn Menaker, Ruth Sweedler, David Watson Organizations: Guardian, CNBC, University of Notre Dame Locations: U.S

The groups argued that banks cannot properly respond to the proposal, which would require lenders to hold more cash to absorb losses, without that analysis. The Fed drafted the rules with the Federal Deposit Insurance Corp (FDIC) and Office of the Comptroller of the Currency (OCC). The "Basel Endgame" proposal implements international capital standards agreed by the Basel Committee on Banking Supervision in the aftermath of the 2007-2009 financial crisis. The U.S. central bank has estimated it will increase industry capital requirements by $170 billion. "These capital rules will have an impact on economic growth and that will affect large businesses and small businesses and their access to capital."

Persons: Rick Wilking, Goldman Sachs, Morgan Stanley, Banks, David Solomon, Jamie Dimon, Morgan Stanley's, Dan Simkowitz, Pete Schroeder, Saeed Azhar, Lananh Nguyen, Tatiana Bautzer, Michelle Price, Paul Simao, Deepa Babington Organizations: Deposit Insurance Corporation, REUTERS, Rights, Federal Reserve, JPMorgan Chase, Citigroup, APA, Fed, Federal Deposit Insurance Corp, Currency, OCC, Banking, Reuters, JPMorgan, FDIC, Republican, Financial, Bank Policy Institute, American Bankers Association, Financial Services, Institute of International Bankers, Securities Industry, Financial Markets Association, Chamber of Commerce, Thomson Locations: Westminster , Colorado, U.S, Washington

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