Reuters

WASHINGTON (Reuters) - Senate Banking Committee Chairman Sherrod Brown called for new leadership at the troubled Federal Deposit Insurance Corporation Monday, urging President Joe Biden to immediately nominate someone to replace current Chairman Martin Gruenberg.

In a statement, Brown said there must be "fundamental changes" at the agency, after an external review found sweeping reports of employee mistreatment and sexual harrassment. He said he wanted... (continue reading...)

By Parisa Hafezi

DUBAI (Reuters) - Iran proclaimed five days of mourning for President Ebrahim Raisi on Monday, though the muted atmosphere revealed little of the spectacular public grief that has accompanied the deaths of other senior figures in the Islamic Republic's 45-year history.

While government loyalists packed into mosques and squares to pray for Raisi and Foreign Minister Hossein Amir Abdollahian, both killed in a helicopter... (continue reading...)

BRASILIA (Reuters) - Brazil's central bank announced on Monday that it has decided to divide the process of regulating crypto-assets and virtual asset service providers into phases, with regulatory proposals expected by the end of this year.

The decision effectively delays the completion of the process following a 2022 law on the subject, which paved the way for subsequent regulation by the central bank.

In a congressional hearing last... (continue reading...)

By David Lawder

FRANKFURT (Reuters) - U.S. Treasury Secretary Janet Yellen will call on Tuesday for Europe and the U.S. to stand together against Russian aggression and Iranian "support for terrorism", including finding a way forward to unlock the value of frozen Russian sovereign assets to aid Ukraine.

Yellen, in excerpts of her planned speech on the transatlantic alliance released on Monday, said U.S. and European support for Ukraine... (continue reading...)

By Nate Raymond

(Reuters) - The U.S. Supreme Court declined on Monday to hear a bid backed by a conservative Christian legal group to challenge a Maryland school district's policy against informing parents if their children identify as transgender or gender nonconforming.

The justices turned away an appeal by three parents with children attending public schools in the Washington suburb of Montgomery County of a lower court's ruling... (continue reading...)