Discover the Financial Investigation Office
The Office of Financial Research (OFR), created in 2010, collects and analyzes financial data to promote financial stability, supporting the Financial Stability Oversight Council (FSOC). Funded by major institutions, its importance is defended by professionals, although some Republicans seek to eliminate it.
Donald Kohns Vision for Improving the Supplementary Leverage Ratio
Dr. Donald Kohn, in a speech at the Federal Reserve conference, highlights the importance of the Leverage Supplement for banks of all sizes. He advocates for adjustments that do not hinder financial intermediation and liquidity, but notes that releasing capital in subsidiaries could increase interest rate risk. He recommends reviewing all capital requirements and assessing the capital of parent companies.
How AIs Energy Demand Will Keep Rising
DeepSeek, a Chinese startup, launched DeepSeek R1, an AI model that would compete with OpenAI’s Chat GPT-4 at a lower cost. This innovation increased the demand for energy for data centers, motivating investments from large companies and posing financial and technical challenges for the US power grid up to 2032.
IRS Faces Unprecedented Change in Leadership
The IRS has had six commissioners since January, including the replacement of Commissioner Long. A massive exodus of employees and civil servants is recorded. The staff cut affects taxpayer service. Concern grows over possible inadequate data management due to government pressures.
Challenges of Political Polarization and Legislative Gridlock in Europe: An Analysis of Germany, France, Italy, and Spain.
Political polarization in Europe has intensified since 2008, causing social and economic conflicts in France, Germany, Italy, and Spain. Countries like France, Germany, and Spain are struggling to govern, while Italy maintains governability thanks to electoral reforms. Measuring this polarization and its legislative impact is essential to anticipate risks and adapt policies.