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The Latest Breaking News from Michael Hsu

"Let the banks be banks"—Trump’s U.S. Treasury nominee has $23 trillion bank sector champing at the bit

Bankers expect Trump's Treasury Secretary nominee to remove regulatory burdens.

Fortune

US Regulator Finds Weak Risk Management At 11 Banks

The OCC found that 11 of the 22 large banks under its supervision have "insufficient" or "weak" operational risk management.

International Business Times

San Francisco Mayor Proposes Controversial Public Safety Measures

Learn about the controversial public safety proposals in San Francisco, including drug addiction treatment for welfare recipients and expanded crime-fighti...

Top News

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In D.C., crypto is pivoting to tokenization—if AI doesn’t take the spotlight first

The nation's capital is shifting its tone on digital assets.

Fortune

After SVB's collapse, trust in traditional banks remains high. That's a problem for neobanks looking to enter the market

According to Morning Consult, trust in banks has remained consistently high, with some 70% of users trusting banks to "do the right thing."

Fortune

Sviggum steps down as vice chairman of University of Minnesota regents

University of Minnesota Regent Steve Sviggum stepped down Tuesday as vice chairman of the board that oversees the statewide system amid growing outrage over his question about whether the Morris campus is "too diverse."

Tribune News Service

University of Minnesota Regents vice chairman apologizes for asking whether Morris campus is 'too diverse'

MINNEAPOLIS — The vice chairman of the board that oversees the University of Minnesota system apologized "unequivocally" for asking whether enrollment at the Morris campus was "too diverse."

Tribune News Service

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University of Minnesota Regents Vice Chair Steve Sviggum asks if Morris campus is ‘too diverse’

The vice chairman of the board that oversees the University of Minnesota system said Monday he was just posing the question when he asked whether increased diversity on the Morris campus was holding down enrollment.

Tribune News Service

NCPA Takes Next Step Toward College Athletes Being Classified As Employees

The NCPA filed unfair labor practice charges with the NLRB against the NCAA office, the Pac-12 and USC and UCLA.

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