Kevin Warsh, President Donald Trump’s nominee to be US Federal Reserve chair, was confirmed by the US Senate by a vote of 54-45, largely along party lines, after a floor debate marked by whether he would remai... (more story)

Some European Parliament lawmakers who opposed the securitization reform in committee on May 5 are considering requesting a vote on the negotiating mandate in the full assembly next week, MLex has learned. But... (more story)

The UK government has announced plans for legislation to consolidate the regulatory framework for financial services so firms deal with fewer overlapping watchdogs, have clearer accountability, and benefit fro... (more story)

UK businesses can expect regulators to be given stronger duties to support economic growth and new powers to temporarily relax rules for testing AI under legislation announced Wednesday. The proposed Regulatin... (more story)

The US Senate Banking Committee unveiled a cryptocurrency market-structure bill for markup Thursday that contains a bipartisan interest-rate provision that inflamed banking groups and was hailed by crypto firm... (more story)

UK regulators need greater “political cover” if they are to take a less risk-averse approach and back ministers' economic growth agenda, lawmakers have warned. Ahead of the government unveiling its next legisl... (more story)

The US Federal Reserve is revamping its aging infrastructure to cope with artificial intelligence and legislative changes over the years, Governor Christopher Waller said. Waller, who oversees Fed operations, ... (more story)

The US Securities and Exchange Commission plans to propose numerous rules to provide clarity for the growing number of market participants, including trading systems and broker-dealers, moving on to blockchain... (more story)