Precious Metals and Market News

Gold's post-Fed selloff may be missing the bigger picture, says former Lehman analyst - (Kitco News) - Gold prices have tumbled after Federal Reserve Chairman Kevin Warsh delivered what many investors interpreted as a hawkish debut, but at least one market strategist argues the precious metal's longer-term outlook remains intact.

Hawkish Fed keeps pressure on gold as physical premiums soften - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices are weaker in thin holiday trading Friday, with U.S. cash equity and bond markets closed for Juneteenth and rate-sensitive flows continuing to lean against precious metals following this week's Federal Reserve meeting.

Gold's bull market remains intact even with a hawkish Fed, says Axel Merk - (Kitco News) - Gold investors shouldn't assume that a more inflation-focused Federal Reserve will derail the precious metal's long-term bull market, according to Axel Merk, founder and CEO of Merk Investments.

Gold prices are down but SocGen is buying the dip - (Kitco News) - The Federal Reserve’s new tightening bias continues to take its toll on the gold market, with a growing number of analysts expecting prices to retest support near $4,000 an ounce. However, one bank has a simple suggestion for investors: “buy the dip.”

Gold, silver extend losses with U.S. markets shut for Juneteenth - Kitco AM Report - (Kitco NewsWire) - Spot gold and silver prices are weaker early in the North American trading session. The precious metals continue to feel the pressure from the Federal Reserve’s hawkish hold, a firmer dollar backdrop and fading Middle East risk premium.

Wall Street bears back in control after the Fed’s hawkish outlook, Main Street leans bullish despite gold’s backslide to $4,200/oz - (Kitco News) – Gold prices saw another volatile week, as early safe-haven demand from Middle East uncertainty gave way to heavy selling after the Federal Reserve held rates steady but signaled that a 2026 rate hike remained on the table.

Gold, silver sink as dollar tests yearly highs following hawkish Fed - Kitco PM Report - (Kitco NewsWire) - Spot gold prices are lower and spot silver prices are sharply weaker after the close Thursday, as the U.S. dollar tested yearly highs and traders continued to reprice the Federal Reserve’s higher-for-longer signal after Wednesday’s policy meeting.

Hawkish Fed could push gold prices back to $4,000 next week - (Kitco News) - After gold held critical support at $4,000 and gapped higher at the start of the week, fortunes have once again shifted in the gold market as prices look to end the shortened trading week back where they were last Friday.

Gold, silver fall as hawkish Fed pressure lingers - Kitco AM Report - (Kitco NewsWire) - Spot gold prices are lower and spot silver prices are sharply weaker in early U.S. trading Thursday, as markets continued to digest a hawkish Federal Reserve hold, higher front-end rate expectations and lower oil prices tied to U.S.-Iran de-escalation.

Gold prices remain under pressure as Philly Fed Survey rebounds to 10.3 in June - (Kitco News) - The gold market continues to face solid selling pressure as the Federal Reserve Bank of Philadelphia reported a strong rebound in its manufacturing sector.

Diplomacy 'Back In Motion' With Witkoff-Kushner Heading To Switzerland, Despite Overnight Rising Death Toll In Lebanon - Diplomacy 'Back In Motion' With Witkoff-Kushner Heading To Switzerland, Despite Overnight Rising Death Toll In Lebanon Since the US-Iran Memorandum of Understanding was signed days ago it's increasingly obvious there's been a widening split between Washington and it's closest Middle East ally Israel over the terms of the deal. The political interests between the Trump administratio...

The World Cup's Uneven Playing Field - The World Cup's Uneven Playing Field Due to its truly global footprint, the FIFA World Cup has always been a celebration of diversity, both on and off the pitch. It brings together different cultures, different playing styles and different levels of skill, professionalism and financial muscle. However, with the tournament now over a week old, it is clear that they are playing 'fo...

The Brits Should Declare Their Independence, Too - The Brits Should Declare Their Independence, Too Authored by J.B. Shurk via American Thinker, British tyranny is globalism, and globalism must be destroyed. British tyranny is so repulsive that the British people owe it to themselves to overthrow their government masters.  It has been two-hundred-fifty years since America’s Declaration of Independence recognized the Crown syste...

America's Military Readiness Depends On Deployable Nuclear Power - America's Military Readiness Depends On Deployable Nuclear Power Authored by James Durso via RealClearDefense.,com, For decades, energy policy in Washington was debated on the basis of economics, climate change, and domestic politics. That era is over. The United States is entering a period where energy security must be recognized as a core pillar of national security and military...

8 Frightening Forecasts For The Future Of Fraud - 8 Frightening Forecasts For The Future Of Fraud Fraud is entering a new era. Businesses across North America expect fraud trends like biometric fraud, deepfake scams, and synthetic identities to become more common in 2026 as criminals adopt faster and more sophisticated tools. This visualization, created by Visual Capitalist's Julia Wendling, in partnership with Inigo for the Frau...

How The Trump Admin Achieved Record Drug Seizures - How The Trump Admin Achieved Record Drug Seizures Authored by Troy Myers via The Epoch Times, SAN DIEGO - As the flood of illegal immigrants at the southern border slowed to a trickle, agents shifted gears. Now, they're focused on seizing drugs - in record amounts - as the border is more secure than ever, officials told The Epoch Times. U.S. Customs and Border Protection (CBP) to...

"Only The Beginning": How To Profit From The Asymmetric Warfare Boom - "Only The Beginning": How To Profit From The Asymmetric Warfare Boom Low-cost kamikaze drones are fundamentally reshaping the modern battlefield and forcing militaries to rethink procurement strategies built around expensive, high-end weapons systems. In the Middle East, US Special Forces learned the hard way that cheap Iranian Shahed-style drones can eliminate multi-million-dolla...

Elon Musk Vs The Democrats: Outcomes Vs Process - Elon Musk Vs The Democrats: Outcomes Vs Process Authored by Stephen Soukup via American Greatness, Years ago, when my oldest son was a Boy Scout, he was asked to write a report/make a presentation on a modern American “hero.” He chose Elon Musk, and I, of course, rolled my eyes so hard they nearly popped out of my head. I knew Musk was a successful businessman, but I also knew th...

Here's How 45 Countries View America - Here's How 45 Countries View America America remains one of the world’s most influential countries, but public opinion of the U.S. varies widely across the globe. Some of its strongest support now comes from emerging economies such as Vietnam, India, and the Philippines, while favorability has weakened across several longtime Western allies. This graphic, via Visual Capitalist's ...

STRC Is Junk Credit In A Bitcoin Costume, And Retail Is Holding $8.8 Billion Of It - STRC Is Junk Credit In A Bitcoin Costume, And Retail Is Holding $8.8 Billion Of It Authored by Glenn Cameron via BitcoinMagazine.com, There is now $15 billion sitting in three securities being marketed to bitcoin holders as the safer, smarter way to access bitcoin exposure: Strategy’s preferred stack, STRC, and SATA. The pitch is identical across all three. Tax-favored. 11.5% in...

Google shake-up highlights how human brains may be the scarcest AI resource of all - Despite a growing pool of research talent, not many have the experience of building and scaling AI, experts say.

My mother was co-owner of my late grandmother’s bank account. Should she share the money with her siblings? - “The will stated that the estate was to be divided equally among her children.”

My two sons will inherit a $30,000 annuity from their grandmother. What should I do with the money? - “My understanding is that they have five years to withdraw the money.”

Employers to college students: Never mind that 4.0 GPA. Go out and get a summer job. - College students with any sort of work experience on their résumés are twice as likely to be employed shortly after graduating.

‘We are habitually frugal’: My wife and I have money. How do we help our children without ruining their independence? - “Partly due to some mental-health issues, they may continue to go through life living paycheck to paycheck, or worse.”

‘I’ll probably be working until I die’: I’m 60, work as a waiter and have $2,000 in a Roth IRA. What will happen to me? - “I’m afraid I’m in a bad place.”

Warsh’s new task forces give the Fed wiggle room to put off changing rates until December - During his first press conference as Fed chair Wednesday, Kevin Warsh repeated one refrain in his answers to many reporters’ questions: A task force is looking into it.

Trump picked Kevin Warsh to cut rates. The new Fed chief just told us he has other plans. - Here’s what the central bank’s hawkish agenda means for your money.

The Fed is forcing Wall Street to do the heavy lifting. Use these benchmarks to find your footing. - Fed watching is looking very different now. Two charts can help you in the Warsh era.

Is the stock market closed today for Juneteenth? Will the post office deliver mail? - The June 19 federal holiday falls on a Friday this year. Here’s how trading hours and other services are affected.

AI buildout gives tech investors new reasons to watch bond market - Tech giants are depleting cash reserves and raising debt in their ambitious data center buildouts, a dynamic that's forcing investors to watch interest rates.

Oil tanker traffic in Strait of Hormuz jumps after U.S. and Iran implement deal to open sea lane - The U.S.-Iran deal has raised questions about how the Strait of Hormuz will be governed after the toll-free period ends.

Musk's SpaceX stake is worth over $1 trillion. Here are the other billionaire shareholders - SpaceX shares were up 37% after its historic debut last week, which offered shares at a set price of $135.

Memory crisis hits such extremes that 'even Apple can't be safe' - Apple appears poised to take the rare step of increasing prices to deal with what CEO Tim Cook called an "unsustainable" memory shortage.

Israeli strikes kill 10 in Lebanon hours after ceasefire - Lebanese state news agency NNA said Israeli warplanes and drones carried out a series of strikes across the Nabatieh area overnight and into Saturday morning.

Struggling to find a job? Try looking in Nevada - The sparsely populated state known for its world-class casinos and dry climate has been a hiring hot spot.

Hormuz relief may not ease the economic toll that's already 'baked in,' analysts warn - Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.

Trump claims Iran deal is 'unconditional surrender,' says his power has 'no limits': Axios - Trump said in an interview with Axios on Thursday evening stateside that he negotiated the deal to prevent the conflict from triggering a global depression.

Bank of England holds interest rates at 3.75% amid Iran war peace prospects - The Bank of England's Monetary Policy Committee voted 7-2 to keep rates on hold.

Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman - The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.

Dave Russell: The UK government has just explained, accidentally, why people own gold - By Dave RussellGoldCore, DublinFriday, June 19, 2026 When David Lammy addressed the World Gold Council and London Bullion Market Association this week, the deputy prime minister intended to warn his audience about illicit gold. Instead, almost accidentally, he explained why so many people own it. "Unlike cash," he said, gold "does not need a bank account, a password, or an internet connection."...

Gold coin salesmen orchestrated plot to create rival business, court finds - By Alistair GrayFinancial Times, LondonFriday, June 19, 2026 Several gold coin salesmen at Hattons of London orchestrated a "dishonest and reprehensible" plot to extract a confidential customer database to build a rival company, a judge has found. The High Court in London today ruled that the group hatched a plan to siphon off details about coin collectors and several of them concocted employee...

Ghana considers arranging local control of Gold Fields' biggest mine - By Ekow DontohBloomberg NewsFriday, June 19, 2026 Ghana is considering transferring control of Gold Fields Ltd.'s Tarkwa mine to local firms when its leases expire in April, part of a push to increase control of its gold industry and benefit more from high bullion prices. The company's shares plunged. The Ghanaian miners will need to submit bids for evaluation if the government goes ahead with ...

GoldCore's Jan Skoyles: Who is controlling the gold market? - 12:14p ET Friday, June 19, 2025 Dear Friend of GATA and Gold: GoldCore's Jan Skoyles speculates this week that Singapore's development of its own gold trade-clearing system may be in part a way for Western interests to prevent China from monopolizing the clearing system in Asia as the gold business moves away from "paper" in London and New York to real metal on the other side of the world. It i...

Market volatility is hiding record accumulation of gold by central banks, Maguire tells LFTV - 11:57a ET Friday, June 19, 2025 Dear Friend of GATA and Gold: In this week's edition of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says China surreptitiously bought hundreds of tonnes of gold with U.S. dollars during the three-month war between the United States and Iran. He adds that market volatility has been concealing record accumulation of the moneta...

US Government Sold $518 Billion of Treasury Securities this Week. 6-Month to 2-Year Treasury Yields Spike on Warsh’s “Regime Change” at the Fed - The 1-year Treasury yield spiked by 16 basis points, to 4.0%, highest since July, three rate cuts ago, as the bond market now expects multiple rate hikes.

Era of “Powell Was Dovish” Is Over: Warsh’s Five Taskforces - I have to say the FOMC press conference was a breath of fresh air.

“Regime Change” at the Fed: Fed Chair Warsh Makes the First Moves - Everything is up for review. “There’s a taskforce for that,” he said. Dot plot, possibly the last one, turns hawkish.

Schwab to join prediction markets race with S&P 500 event-based options: WSJ - The planned offering would let customers bet on index moves as Coinbase and Robinhood expand in the sector.

GoMining challenges Jack Dorsey's Square with payments system designed around bitcoin - GoMining unveiled a software development kit and programmable access for its bitcoin payment protocol GoBTC Pay, allowing merchants to accept BTC for everyday purchases.

Franklin Templeton proposes new ETFs that turn corporate dividends into bitcoin - Your day-ahead look for June 19, 2026

Smart-contract and DeFi coins lead losses as bitcoin wilts for 4th straight day - Concerns about STRC, the dividend-paying preferred stock from Strategy continue to dominate market sentiment.

Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations - Matt Cole says forced selling from leveraged investors pushed STRC and SATA sharply lower before both rebounded.

Microsoft found malware that hijacks crypto wallets and spreads through USB sticks - The software intercepts shortcut files and directs them to install a worm that harvests private keys from the Windows clipboard and inserts its own destination wallet addresses when it detects a transfer.

XRP falls 3% after losing $1.15 support as breakout attempt fades - Heavy selling pushed XRP back below a key support zone, reinforcing a downtrend that has repeatedly stalled rallies near $1.25.

Live markets: Bitcoin under pressure as Saylor comments on STRC selloff - About 20% of miners are now unprofitable, and publicly traded miners sold more than 32,000 bitcoin in the first quarter to cover operating costs, more than they offloaded in all of 2025.

Bitcoin traders load up on bearish bets all the way down to $52,000 - Bitcoin traders are scrambling to buy options bets that would pay off if the selloff deepens.

Bitcoin falls below $63,000 as risk assets sell off and the week's bounce fades - Crypto dropped across the board on Friday in holiday-thinned trading, giving back the week's gains. With oil down 9% and the Iran deal signed, the question turns to whether this cycle gets an altseason at all.

Grayscale Research Head Says Saylor’s Strategy Faces a $1.5 Billion Cash-Flow Trap, Not a Bitcoin One - Strategy faces about $1.5 billion in annual preferred-stock dividends against roughly $477 million in software revenue, a cash-flow gap that Grayscale’s head of research, Zach Pandl, warns is a financing problem, not a bitcoin one. A Cash-Flow Problem, Not a Crypto Problem In a podcast with journalist Laura Shin, Grayscale’s head of research (who posts […]

Gomining’s Kirill Solovev Says Bitcoin Mining Trades at a Discount, Urges New Payment Rails - As Bitcoin miners are increasingly monetizing their power allocations and cooling infrastructure for artificial intelligence, Gomining founder Kirill Solovev argues that pure-play infrastructure remains severely undervalued. The AI Pivot and Network Resilience The migration of public Bitcoin miners toward high-performance computing (HPC) and artificial intelligence (AI) infrastructure has shift...

JPMorgan Says 20% of Miners Operating at a Loss as Bitcoin Trades Below Production Cost - JPMorgan analysts say bitcoin has traded below its estimated production cost for five straight months, pushing about 20% of miners into unprofitable territory. Public miners have responded by selling more than 32,000 BTC in the first quarter to fund operations. Bitcoin Miners Sold 32,000 BTC in Q1 as JPMorgan Flags Growing Profit Pressure Bitcoin miners […]

Cuba Passes 176 Historic Reforms to Open Its Economy to Private Banks and Real Estate - The Cuban National Assembly passed a set of reforms that would open the Cuban system to private investment and private banks in the island’s financial system. The measure came after the Trump Administration imposed sanctions on the Cuban state oil company, Unión Cuba-Petróleo (CUPET). Cuba Backpedals On Socialism With New Economic Reforms Cuba, one of […]

Ireland Targets Crypto Assets in New Strategy to Disrupt Illicit Cash Flows - Ireland has launched a National Risk Assessment and a 30-point action plan to combat money laundering, terrorist financing, and sophisticated financial crime. Targeting Digital Assets and Crypto Loopholes Ireland announced a sweeping crackdown on financial crime on June 18, unveiling a national strategy that places a major emphasis on targeting the misuse of cryptocurrency and […]

America Spent a Fortune Shooting Down Cheap Drones. Now the Missile Stores Are Bare. - After burning through interceptors in the Iran war, the U.S. faces a dire math problem: Enemies can build drones faster than America can build missiles.

The Mayor Who Loves Bodegas Is Building Taxpayer-Funded Competitors - Zohran Mamdani's administration has not studied how New York City's government-backed grocery stores will affect nearby mom-and-pop outlets, which operate on thin profit margins.

Today in Supreme Court History: June 20, 1837 - 6/20/1837: Justice David Josiah Brewer's birthday. The post Today in Supreme Court History: June 20, 1837 appeared first on Reason.com.

Open Thread - What’s on your mind?

The Supervisory Power Of The Supreme Court As A Form Of Virtue Signaling - Only Justice Thomas was willing to look past the difficult consequences of an appellate waiver.

The U.S. and Iran Are Exchanging Nuclear Concessions for Economic Relief. That's Compromise, Not Surrender. - Hawks don’t understand what diplomacy is: Both sides give something up and both sides get something in return.

Major League Baseball Teams Have the Right To Offer Pride Uniforms. Should They? - The MLB's conduct is indisputably protected by the First Amendment. But that doesn't make it wise.

Bernie Sanders Proposes AI Tax To Give Everyone $1,000 a Month. His Bill Would Do a Lot More Than That. - The Vermont senator's American A.I. Sovereign Wealth Fund Act would also create an entirely new regulatory regime for the tech industry.

Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal - Rum, time travel, and inappropriate trophies.

When Justice Professor Merged With Justice Barrett - Hunter presented a weird syncretism between Amy Coney Barrett's scholarship and her jurisprudence.

Trump’s Anti-Weaponization Fund Is a (Another) Slush Fund - If Trump’s settlement stands, future presidents will have a roadmap for turning lawsuits into spending programs and political grievances into taxpayer-financed payouts.

There and Back Again: The 21st Century ROAD to Housing Act - The House’s amendment to the 21st Century ROAD to Housing Act is a great improvement over the Senate’s version. However, the bill is still filled with policies that won’t help, but rather harm, the housing market.

After the Castro Tyranny, Cubans Should Lead Their Transition to Freedom - When and if the Cuban dictatorship finally collapses, it would be best to let Cubans themselves determine their return to freedom.

A Federal Gas Tax Holiday Would Be Expensive and Ineffective - When the federal gas tax comes up for reauthorization in 2028, Congress should simply let the gas tax expire.

The SEC Throws in the Towel on Gag Orders - Facing an increasingly speech-friendly Supreme Court, the SEC reluctantly–and belatedly–decides to stop censoring its victims.

They’re not Grievances. They’re STOLEN Power - Declaration of Independence: That long list of charges against the king aren’t mere “grievances.” That word isn’t even in the text. They Founders didn't secede and fight a long, bloody war over mere complaints about bad policy. American Independence was built on something else spelled out in the text itself, and understood by everyone at the time. On this Episode - It's the foundation of the de...

Let’s Not Forget What Madison Said About War - What Madison is pointing out is that among all the ways that government destroys the liberty of its own people, its wars are the worst. The post Let’s Not Forget What Madison Said About War appeared first on Tenth Amendment Center.

It’s not Treason. It’s Self-Defense. - “For transporting us beyond seas, to be tried for pretended offences.” From the Declaration of Independence, one of the charges against the King that justified secession. It was built on a violent American raid on the British few of us are ever taught about. In the early hours of June 10, 1772, a band of Rhode Islanders rowed out in the dark, shot and seriously wounded a Royal Navy commander, c...

The UK’s New Under-16 Social Media Ban Will Cause More Harm Than It Prevents - This week, politicians in the UK pushed forward with plans to eviscerate privacy and free speech on the internet by announcing a ban on social media for users under 16 that is set to take effect in Spring 2027.  The UK government continues to falsely characterize this policy as a necessary response to growing concerns about online harms for young people. In reality, much like the Online Safety ...

EFF Joins 60+ Groups Urging the UK to Halt Face Estimation at the Border - This week, EFF joined Foxglove, Human Rights Watch, and 60 other organizations in writing to the UK’s Minister of State for Border Security and Asylum, Alex Norris, raising serious concern about the Home Office’s decision to deploy Facial Age Estimation (FAE) to assess asylum-seeking children from 2027.  The letter points to four key concerns: Discrimination  As with most face estimation and re...

Canada Is Forging Ahead with Its Dangerous Surveillance Bill - With no serious debate, including on proposed amendments, Canada is blazing full speed ahead with Bill C-22, which would threaten encryption and increase surveillance. Also known as the Lawful Access Bill, Bill C-22 is currently moving forward quickly to a vote despite the many, many criticisms civil liberty groups and the tech industry have hurled at it. As we’ve discussed before, Bill C-22 is...

After Miami Gardens Drops Illegal Ban on Food Trucks, Law Firm Urges Aventura to Do the Same  - After beating a food truck ban in Miami Gardens, the Institute for Justice is urging Aventura to end a similar restriction. The post After Miami Gardens Drops Illegal Ban on Food Trucks, Law Firm Urges Aventura to Do the Same  appeared first on Institute for Justice.

Property Owners Ask Georgia Supreme Court to Hear Case Challenging Private Railroad’s Land Grab - ATLANTA—On Monday, a group of property owners in rural Sparta, Georgia filed a petition asking the Georgia Supreme Court to hear their case challenging a private […] The post Property Owners Ask Georgia Supreme Court to Hear Case Challenging Private Railroad’s Land Grab appeared first on Institute for Justice.

Supreme Court Declines to Hear Innocent Man’s Case Seeking to Hold Federal Agents Accountable for Brutalizing Him More Than a Decade Ago - WASHINGTON—Today, the United States Supreme Court declined to hear a case brought by an innocent man who was brutalized by members of a joint state-federal task force when he was […] The post Supreme Court Declines to Hear Innocent Man’s Case Seeking to Hold Federal Agents Accountable for Brutalizing Him More Than a Decade Ago appeared first on Institute for Justice.

TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP - BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...

CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 - BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit.  The injunction requires that California accept permit applications from any United States resident outside the state who is a The post CA NON-RESIDENTS CAN APPLY FOR CARR...

SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS - BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the The post SCOTUS DENIES CERT IN WORTH, SAF ...

GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban - GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban FOR IMMEDIATE RELEASE June 16, 2026 Springfield, VA — Gun Owners of America (GOA) and Gun Owners Foundation (GOF), alongside Virginia Citizens Defense League (VCDL) and 2A journalist John Crump, have petitioned the Virginia Supreme Court for an urgent ruling in their lawsuit cha...

IL: Stop Illinois’ Backdoor Handgun Ban – TAKE ACTION - Anti-gun lawmakers in Springfield are trying to move HB 4471, the so-called “Responsible Gun Manufacturing Act,” out of the House Rules Committee. This bill isn’t about stopping violent criminals. It’s a backdoor ban aimed at common semiautomatic pistols, including many Glock-style handguns. HB4471 originally sought to criminalize the manufacture, sale, purchase, receipt, import, or transfer of...

Gun Owners of America Endorses Byron Donalds for Florida Governor - Gun Owners of America Endorses Byron Donalds for Florida Governor  FOR IMMEDIATE RELEASE  June 11, 2026  TALLAHASSEE, FL — Gun Owners of America (GOA) proudly endorses U.S. Congressman Byron Donalds for Governor of Florida.  As both a former Florida state lawmaker and a current member of Congress, Byron Donalds has compiled a perfect pro-Second Amendment record.  As a freshman state representat...

MidFirst Bank to buy Dallas-based commercial bank - The proposed deal, expected to close in the second half of this year, follows MidFirst’s 2024 acquisition of six Houston-area locations from Amerant Bank.

Santander-Webster deal gets OCC approval - The $12.3 billion acquisition, which also needs a green light from the Federal Reserve and European Central Bank, got the OCC’s go-ahead 74 days after the application was submitted.

Lenders ramp up scam defenses to confront elder fraud - Fifth Third Bank and Star One Credit Union are among the financial institutions implementing strategies aimed at detecting scams earlier and being more proactive.

JPMorgan, BofA, others challenge the BNPL space - Buy now, pay later players, including Klarna and Affirm, are facing more competition as financial institutions begin offering installment payment options.

Michigan bank to buy in-state peer for $54.6M - By buying Grand River Bank, Isabella Bank will gain access to the growing Grand Rapids market.

JPMorgan eyes European digital bank expansion: FT - JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.

The risk for banks as embedded payments take off - Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.

Credit unions must remain a safe place for Black women - Credit unions have a long history of serving diverse members. In a climate where programs designed to promote diversity, equity and inclusion are under constant attack, they should double-down on that commitment.

'Stop prompting, start delegating': Anthropic exec to banks - Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.

FDIC floats counting discount window borrowing toward liquidity - Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.

Stablecoin remuneration on centralised exchanges - by Wenqian Huang, Nikola Tarashev, Xinyi WangCentralised exchanges remunerate stablecoin holders, using the return on the issuer's reserve assets or income from market activity. Under the reserve-based model, yields track policy rates – akin to yields on cash-management instruments – whereas under the activity-based model, yields are much more volatile. By turning stablecoins into substitutes f...

CGFS-MC workshop on implications of stablecoin use for central banks - ECB, Frankfurt, 16-17 June 2026

Boris Vujčić: A European perspective on currency and convergence - Keynote speech (virtual) by Mr Boris Vujčić, Vice-President of the European Central Bank, at the conference on Iceland's Currency Options, Frankfurt am Main, 2 June 2026.

Federal Reserve Board issues enforcement action with former employee of Bank of Eufaula and S N B Bancshares, Inc. - Federal Reserve Board issues enforcement action with former employee of Bank of Eufaula and S N B Bancshares, Inc.

Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company - Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company

Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program - Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program

Press Release: FDIC Issues List of Banks Examined for CRA Compliance - PRESS RELEASE | JUNE 5, 2026 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) t...

Press Release: Agencies Remove Additional References to Reputation Risk - PRESS RELEASE | JUNE 2, 2026 Agencies Remove Additional References to Reputation Risk WASHINGTON—The federal bank regulatory agencies today join...