Insights

FinCEN Targets Three Mexican Financial Institutions for Fentanyl Trafficking

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Summary: Situation Overview: The U.S. Financial Crimes Enforcement Network (FinCEN) cited recent fentanyl-related legislation to impose a previously unused sixth special measure, prohibiting the transmittal of funds by U.S. persons to three…

CFTC Eases SDR Error Notification Requirements With New No-Action Relief

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Summary: Situation Overview: On July 31, 2025, the Commodity Futures Trading Commission (CFTC) provided reporting counterparties relief from the swap data repository (SDR) reporting requirement to submit an error correction notification (ECN)…

The Future of U.S. Crypto Regulation: Analyzing the CLARITY Act and the RFIA

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Summary: Context: The U.S. Congress is actively developing a robust regulatory framework to govern digital assets, aiming to provide clarity and stability to the rapidly evolving industry. What: The House of Representatives passed the CLARITY…

American Bankers Association Conference Focused on AI

Summary: Situation Overview: The 2025 American Bankers Association (ABA) Risk and Compliance Conference heavily focused on Artificial Intelligence (AI) in Banking – including top use cases and best practices in AI governance.  What: The…

Significant U.S. Sanctions Relief for Syrian Arab Republic

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Summary: Situation Overview: Under President Trump’s direction, the United States is rolling back decades-old sanctions on Syria. What: On May 13, President Donald Trump announced at the Saudi-U.S. Investment Forum that he “will be ordering…

Randall Kroszner Featured in Yahoo Finance Article on the Economy

Randall Kroszner, former Federal Reserve Board (FRB) Governor and Senior Advisor at Patomak Global Partners, was featured in Yahoo Finance yesterday. Mr. Kroszner commented on the likelihood of a recession in the United States, stating that…

Question and Answer with Keith Noreika: Perspectives on Issues Facing Banks Now

In the following interview, Keith Noreika shares his thoughts on issues facing banks today as well as current events and regulatory developments shaping the near-term horizon. Mr. Noreika joined Patomak Global Partners in July 2022 as Executive…

Randy Kroszner Discusses What to Expect from the Fed during the FOMC Meeting

Randy Kroszner, Chicago Booth School Deputy Dean for Executive Programs, Professor of Economics, and Former Federal Reserve Board Governor, discusses what to expect from the fed during the FOMC meeting next week. Kroszner says that the fed needs…

RealClearMarkets: U.S. States Must Team Up If They Want to Compete With California

Patomak’s Paul Watkins writes in an opinion piece in RealClearMarkets that many states recognize the need to attract emerging businesses. Acting together, however, can empower states throughout the country to lead in launching the next generation of innovative companies and capture the attendant economic growth and opportunities for their citizens.

Yahoo Finance: Former Federal Reserve Governor Randall Kroszner talks new federal stimulus

Former Federal Reserve Governor Randall Kroszner joins Yahoo Finance anchors Seana Smith and Adam Shapiro to discuss the upcoming federeral stimulus package.