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On October 8, Fed Governor Michael Barr spoke on the central role of community banks in supporting families and small businesses, describing them as “indispensable” to the communities they serve. Barr ...
The GENIUS Act created a regulatory framework for stablecoins, which could increase their use to develop innovative payment systems, said Federal Reserve Governor Michael Barr on Thursday. A lot of ...
On October 16, Fed Governor Michael Barr spoke on the rapid pace of payments innovation, highlighting both the opportunities and risks presented by technologies such as stablecoins, AI, and real-time ...
Federal Reserve Governor Michael Barr is calling for stronger guardrails around stablecoins, pointing to "gaps" in the recently passed GENIUS Act, which created a regulatory framework for digital ...
Federal Reserve Governor Michael Barr expects artificial intelligence to cause disruptions in the workforce of some industries but is hopeful the technology will benefit communities and the economy in ...
Federal Reserve Governor Michael Barr said there needs to be clear guardrails to prevent risks as the financial sector looks to adopt artificial intelligence in its core functions. Regulators need to ...
Federal Reserve Governor Michael Barr said the US central bank needs to proceed with caution in considering additional interest-rate cuts with inflation still running a full percentage point above its ...
In Tuesday’s speech at the Singapore Fintech Festival on Tuesday, Barr said, “AI is a big deal that will transform economies.” He described two “possible scenarios” for the AI revolution. In the first ...
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