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.

Russian Drone Strike Sets Turkish Cargo Ship Ablaze In Black Sea, Killing One - Russian Drone Strike Sets Turkish Cargo Ship Ablaze In Black Sea, Killing One An international cargo vessel traversing the Black Sea erupted in flames when it was struck by a Russian drone attack early Monday morning, killing one crew member. The Turkish-owned bulk carrier VICTRESS, which sails under a Panamanian flag, suffered severe damage, the Ukrainian Navy and the Ukrainian S...

Is The AI Spending Boom Creating A Depreciation Time Bomb? - Is The AI Spending Boom Creating A Depreciation Time Bomb? Via City AM, Big Tech's AI spending has exploded, with Google, Microsoft, Amazon, and Meta collectively investing hundreds of billions of dollars in infrastructure. Rapid technological change may shorten the economic life of AI servers and GPUs, increasing depreciation and replacement costs. The long-term profi...

Prime Minister Keir Starmer Resigns As UK Faces 7th Leader In A Decade - Prime Minister Keir Starmer Resigns As UK Faces 7th Leader In A Decade The Keir Starmer experiment is officially over, as was growing increasingly clear over the weekend, especially with an interestingly-timed Trump Truth Social statement. Just under two years after capturing the keys to Number 10, the British Prime Minister has thrown in the towel after succumbing to an internal p...

UK Government Plans To Force Social Media Giants To Boost BBC Content To 'Fight Disinformation' - UK Government Plans To Force Social Media Giants To Boost BBC Content To 'Fight Disinformation' Authored by Steve Watson via Modernity News, The UK government, under the apparently outgoing Prime Minister Keir Starmer, is advancing proposals that would require platforms like Facebook, YouTube and others to make BBC and other public service broadcaster content more prominent in use...

Iran's Araghchi Says Talks Delivered "Major Progress" To End Lebanon War, Will Continue For Rest Of Week - Iran's Araghchi Says Talks Delivered "Major Progress" To End Lebanon War, Will Continue For Rest Of Week Summary Round 1 ends: The US and Iran made “encouraging progress” in talks on a peace deal and will continue technical-level discussions this week, mediators Iran defiant, sees itself in strong position: Ghalibaf rejects US threats and links talks to a Lebanon ceasefire. Trum...

Israelis Are Livid Over Trump Ending War, Overwhelmingly Believe Iran Won: Poll - Israelis Are Livid Over Trump Ending War, Overwhelmingly Believe Iran Won: Poll After roping President Trump into breaking a core campaign promise, watching the United States expend resources and risk American lives to attack Iran, and then watching Trump take steps to end the war via MOU - Israelis are livid because the US didn't commit to full-on decimation to celebrate America's...

Massive 2,000-Year-Old Luxurious Roman Bathhouse Uncovered In The Netherlands - Massive 2,000-Year-Old Luxurious Roman Bathhouse Uncovered In The Netherlands Authored by Maria Mocerino via Interesting Engineering, The largest Roman bathhouse complex ever discovered in the Netherlands has surfaced, shedding new light on the wealth and importance of the ancient Roman city of Ulpia Noviomagus. Roman bathhouse complex.Nijmegen Researchers from the archaeological...

Fuel Sales Abruptly Halted For Crimean Population As Ukrainian Drones Wreak Havoc - Fuel Sales Abruptly Halted For Crimean Population As Ukrainian Drones Wreak Havoc A wave of relentless Sunday drone attacks out of Ukraine on Crimea has resulted in a regional cut off to civilian access to fuel, in another sign that UAV attacks on Russian territory are having serious effect. Four people were killed in the series of drone strikes on energy and transport infrastruct...

This Is The Funniest Thing Ever... - This Is The Funniest Thing Ever... Authored by Steve Watson via Modernity News, Leftists in the EU who spent years blocking real border enforcement are now whining about a victory party after conservatives pushed through a motion to create powerful tools to remove illegal migrants. The chamber could not stop laughing. A 'Renew Europe' MEP aligned with French President Emmanuel ...

Peter Thiel's Secret Society Leak Creates A Perfect Target List For Espionage, Influence Operations, And Blackmail - Peter Thiel's Secret Society Leak Creates A Perfect Target List For Espionage, Influence Operations, And Blackmail Authored by Pierluigi Paganini via Security Affairs, Dialog, a private invitation-only organization cofounded in 2006 by billionaire tech investor Peter Thiel, has spent two decades refusing to disclose its membership. That position became harder to maintain last ...

Starmer says he’s resigning as U.K. prime minister. Here’s what it means for markets. - Analysts expect borrowing costs in the U.K. to rise in the longer term if Andy Burnham takes over as leader of the Labour Party.

A major test is coming for the stock market, and Morgan Stanley warns that the Fed won’t rescue investors - The stock market faces two key headwinds after the new Fed chief said he won’t come riding to the rescue.

I gave my HomeExchange guest a 5-star review. Then I found heat marks all over my dining table. Do I call her out? - “What drives me crazy is that she didn’t mention it.”

I’m 70. A relative offered me a $25,000 home loan secured by a lien that must be repaid within a year. Should I agree? - “He also wants me to downsize and move.”

Zac Efron trades Hollywood for an off-grid ‘Futurecave’ house made of hemp in Australia - Actor Zac Efron has bid farewell to Hollywood in favor of building a unique off-grid retreat made almost entirely of hemp on a remote plot of land in Australia.

The late Diane Keaton’s ‘Pinterest’ house in L.A. is relisted with a big price cut - Actress Diane Keaton’s final home has returned to the market with a significant discount, just weeks after its previous listing was taken down.

This bull market isn’t going to end because of Fed rate hikes under Warsh - Trump-selected Fed chair Kevin Warsh may hope the threat of rate hikes is enough. But stocks might gain ground if he does. Past rate-hike cycles can be a guide.

The loneliness crisis has gotten so bad that lawmakers are ready to spend millions of dollars to fight it - The health damage of loneliness is similar to heavy smoking and obesity

‘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.”

I’m spending $170,000 to upgrade my home for my aging parents. Can I get tax breaks? - “Given that at least half of the remodeling cost is to accommodate my disabled mother, I’m wondering if some of this may be tax deductible.”

Shipping stalls in Strait of Hormuz after Iran declares key waterway closed again - The update comes even as industry trackers showed Iranian tankers have continued to sail through the strait.

Alan Greenspan, former chairman of the Fed, dies at age 100 - Alan Greenspan presided over the Federal Reserve for 19 years under four presidents and mastered the art of obfuscation known as Fedspeak.

UK PM Starmer resigns as Britain faces its seventh leader in 10 years - Keir Starmer said he will resign as U.K. prime minister and Labour leader, triggering a contest to choose his successor.

CNBC Elite Advisors: Top ultra-high net worth wealth management firms for 2026 - CNBC Elite Advisors recognizes wealth management firms serving high net worth and UHNW clients.

This chip equipment giant has outperformed in 2026. Bank of America sees even more gains - The bank maintained its buy rating on the semiconductor-linked name.

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.

Guinea's president bans raw gold exports - By Ougna CamaraBloomberg NewsSunday, June 21, 2026 Guinean President Mamadi Doumbouya announced a ban on raw gold exports, in an effort to boost local processing of the metal and help the domestic economy. Doumbouya made the announcement during a meeting with industrial and artisanal gold producers as well as gold-buying offices operating in the West African nation. ... Dispatch continues below...

How modern technology is reshaping the search for gold in historic Wyoming mines - By Renee JeanCowboy State Daily, Cheyenne, WyomingSunday, June 20, 2026 Some of Wyoming's 1860s prospectors would be rolling over in their graves if they knew just how narrowly they might have missed striking it rich in South Pass City and other 19th-century gold hotspots. Gold was there in those arid hills. All those poor pioneers really needed to find it was a helicopter and some artificial i...

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 ...

Out Hiking in Europe. Shop (Partially) Closed through June - I’ll have sporadic access to the internet and will read the comments; if I turn into a night owl, I might write an article.

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.

Bitcoin ETF outflow pain eases just as another headwind gathers strength - Your day-ahead look for June 22, 2026

As bitcoin, altcoin prices gain, derivatives signal skepticism over a sustained rally - Analysts noted bitcoin is stuck between key support near $60,000 and resistance around $68,000, and a bearish chart pattern could send prices toward $54,000.

Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap - The U.K. central bank abandons retail holding limits for a 40-billion-pound aggregate cap and sweetens yield terms for token issuers ahead of a 2027 market launch.

Geopolitical relief meets the Warsh Fed: Crypto Week Ahead - Your look at what's coming in the week starting June 22.

Taiko halts its Ethereum layer-2 network after a bridge exploit, token dives - An attacker forged withdrawal proofs to drain about $1.7 million, the same type of flaw behind this year's biggest bridge hacks. Fast containment kept the damage small.

Bitcoin price may be headed to $54,000, says analyst who forecast October's all-time high - Doctor Profit, a widely followed crypto analyst, says bitcoin is forming a “bear flag” pattern.

Live markets: Friday's biggest bitcoin options expiry of the year puts $60,000 in focus - Eased ETF selling and improving risk appetite are being offset by a firmer dollar and cautious institutional flows, leaving bitcoin range-bound, one analyst said.

Bitcoin developers want to fix the 'replace this transaction with a higher fee' button. Here's why - A helpful feature of speeding up transactions has become redundant and a "fingerprint" for tracking. Developers now want to do away with it.

Ethereum validators asked to fund projects with up to 10% of staking rewards under new proposal - A new governance proposal would let validators redirect part of their staking income toward ecosystem funding, raising questions about coordination, incentives and who gets to decide where the money goes.

XRP briefly loses $1.14 support before buyers drive sharp rebound - Heavy selling pushed XRP to its lowest level of the weekend session, but strong buying quickly erased most of the decline and returned the token to its recent trading range.

Taiko Halts Withdrawals as Hackers Pull $1.7M Through Bridge Validation Flaw - Ethereum scaling solution Taiko confirmed that its bridge source-signal proof validation mechanism was compromised, allowing hackers to bypass protocols and drain an estimated $1.7 million from its ERC-20 vault. Technical Flaw Leads to $1.7 Million Loss Ethereum scaling solution Taiko confirmed June 22 that its chain state verification mechanism had been compromised. As a consequence, […]

A Whale Just Opened $48 Million in Shorts Against Bitcoin, Solana and Ethereum - A freshly created wallet deposited 6.68 million USDC into Hyperliquid and opened 20x leveraged short positions against bitcoin, solana and ether worth a combined $48 million. Anatomy of the Bet Onchain analytics firm Lookonchain reported that the wallet, labeled 0xaeaa, moved 6.68 million USDC onto Hyperliquid before opening the shorts. The breakdown is heavily weighted […]

FDIC: US Banks Post $80 Billion in Profit as Unrealized Losses Swell to $325 Billion - U.S. banks held $325.1 billion in unrealized losses on their investment securities at the end of the first quarter of 2026, according to the Federal Deposit Insurance Corporation. The figure rose for a second straight quarter even as the industry posted strong profits. A Growing Paper Loss The Federal Deposit Insurance Corporation (FDIC) said total […]

Why Lummis Says the CLARITY Act Will End the ‘Absurdity’ Facing US Software Developers - U.S. Senator Cynthia Lummis is urging colleagues to pass the Digital Asset Market Clarity Act, arguing the bill would free software developers from the threat of prosecution for simply publishing code. Developers in the Crosshairs Lummis made her case via a statement shared on June 22, singling out the legal exposure faced by the people […]

Bitcoin Steadies Around $64,000 as US and Iran Agree on Roadmap to a Final Deal Within 60 Days - Mediators Qatar and Pakistan say the United States and Iran have agreed on a roadmap toward a final deal within 60 days, with technical talks beginning immediately. A 60-Day Window The two mediators said a high-level committee agreed on a roadmap toward reaching a final deal within 60 days, laying the groundwork for technical talks […]

Rich Americans Pay a Higher Share of Taxes Than the Wealthy in Most Countries - What’s a “fair share” of funding for a government that many Americans distrust?

Today in Supreme Court History: June 22, 1992 - 6/22/1992: R.A.V. v. City of St. Paul is decided. The post Today in Supreme Court History: June 22, 1992 appeared first on Reason.com.

British Prime Minister Keir Starmer Has Resigned. His Replacement Will Likely Be More of the Same. - The Labour leadership race is likely to replace one unpopular big-government prime minister with another.

Brickbat: Taking a Bite - The owners of Big Back's Cajun Kitchen say the officials in College Park, Georgia, have unfairly targeted their restaurant with repeated… The post Brickbat: Taking a Bite appeared first on Reason.com.

Open Thread - What’s on your mind?

Brazil Moves To End the Six-Day Workweek - Brazil's lower house has approved a constitutional amendment that would ban the common six-day workweek. It would make jobs even harder to find. 

Today in Supreme Court History: June 21, 1989 - 6/21/1989: Texas v. Johnson is decided. The post Today in Supreme Court History: June 21, 1989 appeared first on Reason.com.

America's Founders Blended Liberalism and Religion - If the fusionist account of history is correct, the anti-fusionists are engaged in a far more radical project than most of them are willing to admit.

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.

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.

Defenders of federal preemption place big banks ahead of consumers - The supposedly noble heritage of the National Bank Act and the federal preemption power that goes along with it has never stood up to serious scrutiny.

Maggie L. Walker built a bank for the Richmond's Black community - The child of a slave grew up to become the first woman to open a bank in the U.S., and pioneered community banking for Black communities.

Is private credit a $2 trillion-dollar insurance timebomb? - Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.

Appeals court sides with CFPB's union, blocks job cuts - The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.

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.

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...