The Federal Reserve is set to realign its bank supervision system for increased accountability and efficient decision-making. Five new geographic supervisory regions will be established, each led by a regional leader. This new structure aims to address concerns raised in an independent review of Silicon Valley Bank’s collapse. The Fed will also reconsider asset thresholds for regulatory requirements to better align with inflation and economic growth.
Kalshi launches perpetual futures tied to US 500 stock index
Kalshi has introduced a new perpetual futures contract that is linked to its US 500 index. This contract will allow traders to hold positions indefinitely,