FSOC’s Digital Asset Focus and Wells Fargo’s New Chapter

In today's episode, we delve into the U.S. Financial Stability Oversight Council's meeting, highlighting their focus on digital asset regulation and commercial real estate stability. We also explore Wells Fargo's resurgence as the Federal Reserve lifts its asset cap, marking a pivotal moment for the bank. Additionally, we discuss the appeal of high-yield savings accounts amid elevated mortgage rates. Join us for these stories and more on Simply News Radio.

Sources:
https://thxnews.com/2025/06/04/financial-stability-oversight-council-meeting/
https://www.ainvest.com/news/treasury-pushes-digital-asset-regulation-fsoc-meeting-2506/
https://compliancealliance.com
https://agriculture.house.gov/uploadedfiles/testimony-package_pizzola_06.04.2025.pdf
https://www.federalreserve.gov/newsevents/pressreleases/enforcement20250603a.htm
https://www.investopedia.com/dow-jones-today-06042025-11747867
https://www.benzinga.com/insights/analyst-ratings/25/06/45778298/what-analysts-are-saying-about-wells-fargo-stock
https://www.streetinsider.com/Analyst+Comments/Wells+Fargo+(WFC)+PT+Raised+to+$87+at+Morgan+Stanley,+We+expect+Wells+will+raise+its+ROTCE+target+of+15%25+to+15-17%25+/24895298.html
https://www.ainvest.com/news/wells-fargo-wfc-soars-3-44-fed-lifts-asset-cap-2506/
https://www.ainvest.com/news/wells-fargo-soars-3-7-fed-lifts-asset-cap-2506/
https://fortune.com/article/best-savings-account-rates-6-4-2025/
https://www.investopedia.com/high-yield-savings-accounts-4770633
https://www.bankrate.com/banking/savings/best-high-yield-interests-savings-accounts/
https://www.ainvest.com/news/high-yield-savings-accounts-reach-5-apy-stable-rates-2506/
https://www.nerdwallet.com/best/banking/high-interest-accounts
https://fortune.com/article/current-mortgage-rates-report-06-05-2025/
https://www.investopedia.com/mortgage-rates-fall-to-an-almost-4-week-low-june-4-2025-11748170
https://www.fingerlakes1.com/2025/06/04/mortgage-rates-june-2025-impact/
https://www.thestreet.com/real-estate/fannie-mae-predicts-major-mortgage-rate-changes-are-coming-soon
https://www.bankrate.com/mortgages/todays-rates/mortgage-rates-for-tuesday-june-3-2025/