The Wrap: Interbank legal market news for 19 May 2026 at 5:01 pm.

U.S. Supreme Court: No opinions addressing money or the Federal Reserve issued today. U.S. Court of Appeals-District of Columbia Circuit: No opinions addressing money or the Federal Reserve issued today. U.S. Court of Appeals-Fourth Circuit: No opinions addressing money or the Federal Reserve issued today. U.S. District Court-District of Columbia: No opinions addressing money or … Continue reading The Wrap: Interbank legal market news for 19 May 2026 at 5:01 pm.

The Wrap: Interbank legal market news scan, artificial intelligence and large language models, as of 30 April 2026 at 9:03 pm.

U.S. Supreme Court: No opinions on artificial intelligence and large language models issued today. U.S. Court of Appeals-DC Circuit: No opinions on artificial intelligence and large language models issued today. U.S. Court of Appeals-Fourth Circuit: No opinions on artificial intelligence and large language models issued today. U.S. District Court-District of Columbia: No opinions on artificial … Continue reading The Wrap: Interbank legal market news scan, artificial intelligence and large language models, as of 30 April 2026 at 9:03 pm.

The Wrap: Interbank market news scan for 19 February at 5:00 pm.

5:00 pm EUR/USD 1.1768 GBP/USD 1.3472 CHF/USD 1.2900 AUD/USD 0.7058 NZD/USD 0.5974 JPY/USD 0.0065 CNY/USD 0.1447 Gold 4998.95 Silver 78.35 Source: Reuters U.S. Supreme Court The US Supreme Court today did not issue any court opinions discussing artificial intelligence or large language models. U.S. Court of Appeals-Fourth Circuit The U.S. Court of Appeals for the … Continue reading The Wrap: Interbank market news scan for 19 February at 5:00 pm.

Could it be more about where the banks want to go versus where traders think the Fed wants to go?

Over the weekend, I spoke to my contacts in the banking industry trying to get a feel for banker sentiments on the Fed’s interest rate policy. The sentiments boiled down to the banks taking whatever the Fed decides in stride. As one contact put it, it’s about the money and the banks will take what … Continue reading Could it be more about where the banks want to go versus where traders think the Fed wants to go?

It is less about political interference with the Fed and more about the degree of interference.

There is ongoing concern of a threat by the Executive Branch to the independence of the Federal Reserve System, specifically influence by the Executive Office of the President on the decisions made by the Federal Open Market Committee on monetary policy. I do not think the issue is political threats to the independence of the … Continue reading It is less about political interference with the Fed and more about the degree of interference.