Federal Reserve releases new guidance for bank oversight in move praised by industry

By CHRISTOPHER RUGABER and KEN SWEET WASHINGTON (AP) The Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor. In a set of sweeping changes, the principles call for bank examiners to focus on material financial risks and to “not become distracted from this priority by devoting excessive attention to processes, procedures, and documentation.” The guidelines are set out in a memo originally distributed to Fed employees Oct. 29 but released Tuesday. Michelle Bowman, the Fed’s vice chair for supervision, said the principles will “sharpen” the central bank’s focus and build “a more effective supervisory framework.” “By anchoring our work in material financial risks, we strengthen the banking system’s foundation while upholding transparency, accountability, and fairness,” Bowman said in a written statement. Bowman was named vice chair by President Donald Trump in March. Since Trump took office, federal bank regulators have been rolling back regulations that govern the nation’s banking system and other financial services companies. The Consumer Financial Protection Bureau, created after the 2008 financial crisis, is effectively not operating presently and has negated several of the regulations it put into place under President Joe Biden. Also Tuesday, Fed governor Michael Barr, who preceded Bowman as the vice chair for supervision, sharply criticized the changes in banking oversight at the Fed and at other agencies this year. “We are now, I believe, at a moment of inflection in the regulatory and supervisory approaches that help keep banks healthy,” Barr said in a speech. “There are growing pressures to weaken supervision . in ways that will make it harder for examiners to act before it is too late to prevent a build-up of excessive risk.” The announcement by the Fed matches a similar move by the Office of the Comptroller of the Currency, which also loosened how it measures risk among the banks it supervises as well as removed issues like reputational risk from how examiners look at the banks. Under the Fed’s new rules, banks can only be tested for material risks to their businesses or balance sheets, such as bad loans or unsound business practices. Banks will also able to self-certify on certain risk and supervision issues. These changes have been among the top priority for the banking industry since President Trump was elected into office. “Banks are most resilient when their examiners prioritize material financial risks, not check-the-box compliance exercises,” said Greg Baer, president and CEO of the Bank Policy Institute. Under the new framework, the Fed will also defer to other major bank regulators, including the OCC and state-level regulators, when it comes to who should supervise and examine these institutions. Bowman has also moved to reduce the Fed’s regulatory staffing by about 30%, mostly through attrition, a step Barr also criticized Tuesday. The cuts “will impair supervisors’ ability to act with the speed, force, and agility appropriate to the risks facing individual banks and the financial system,” Barr said. “Such a drastically reduced staff will slow response time for the public and the banks themselves, limit supervisory findings and enforcement actions, and erode supervisors’ ability to be forward-looking.”.
https://www.santacruzsentinel.com/2025/11/18/federal-reserve-bank-supervision/

Unearthed figurine in Israel bears early depiction of bestiality

Talk about ruffling feathers. A team in Israel has uncovered a petite clay figurine barely the size of a postage stamp that seems to immortalize a goose making an indecent proposal to a woman. Dug up from a long-lost settlement in the country’s north, the cheeky artifact could be the oldest known example of human-animal hanky-panky. Laurent Davin of Hebrew University explained to the Daily Mail that encounters between animal spirits and humans pop up often in animistic cultures usually in the realm of dreams, visions or myth. The archaeologists have even whipped up a fresh illustration to decode the blink-and-you’ll-miss-it details and, well, it’s a lot. The tiny carving appears to show a nude woman, who doesn’t look too thrilled, bent forward as an oversized goose climbs aboard, its beak pressed gently to her head like some prehistoric lover’s whisper. The bizarre bauble, dug up with other clay scraps at the Nahal Ein Gev II site in northern Israel, features what researchers say are clearly carved breasts and a triangular pubic patch. Some optimists have floated a tamer theory maybe she was just hauling home a freshly killed bird but the goose looks anything but dead and is very much running the show. Tests indicate the figurine was shaped from local clay and fired around 400°C roughly 12, 000 years ago, proving that ancient artisans were, indeed, cooking up some wild scenes. Back then, the region was home to the Natufians the OG Middle Eastern trendsetters who ditched the roaming life, built the first real neighborhoods and basically invented staying put. And the Holy Land keeps serving up surprises this month. As The Post previously reported, archaeologists recently uncovered Canaanite ritual artifacts plus a 5, 000-year-old winepress near Tel Megiddo. The Israel Antiquities Authority announced on November 5, revealing the dig ran alongside the construction of Highway 66 in the Jezreel Valley. Tel Megiddo aka “Armageddon” from the Book of Revelation literally means “mountain of Megiddo” in Hebrew, and the digs unearthed treasures spanning Israel’s Early Bronze Age (around 3000 B. C.) to the Late Bronze Age (circa 1270 B. C.). The crown jewel? A rock-cut winepress, officials are calling the oldest ever found in the country. Ultimately, from myth-making to geese getting frisky, the ancient area just proved the past was weirder than we imagined.
https://nypost.com/2025/11/18/science/ancient-israeli-figurine-shows-goose-love-scene/

This TikToker says New Orleans vampires aren’t just folklore, and the evidence is surprisingly convincing

New Orleans is famous for Mardi Gras, jazz music, and beignets, but people who live there say the city is known for something else too. Vampires. And according to locals, these stories are more than just made-up tales to scare tourists. According to Bro Bible, a TikToker posted a video that got over 1. 4 million views talking about how vampire stories are everywhere in New Orleans. She says it’s not just something tour guides make up. Real people who live there have their own weird experiences to share. “The vampires in New Orleans are real,” she says in the video. She talks about how you’ll hear all kinds of stories if you ask around, like someone meeting a vampire at a bar or an Uber driver who swears he met one. This TikTok user says New Orleans vampires aren’t just folklore, and the evidence is surprisingly convincing when you hear how many people have similar tales. She points out that pretty much everyone in the city has some kind of story about something strange they can’t explain. The Carter Brothers story is probably why so many people think New Orleans has vampires The most famous vampire legend involves two men named John and Wayne Carter. They showed up in New Orleans right before the Great Depression started and got jobs working night shifts at the docks. Everything seemed normal until 1932, when a young girl ran down Royal Street looking terrified and found a police officer. What she told the police sounded crazy. She said the Carter Brothers had tied her up with other people so they could drink their blood. She only got away because they didn’t tie her ropes tight enough. The police went back with her to a house on Royal and St. Ann, where they found four more people tied to chairs who were barely hanging on. They also found over a dozen dead bodies that had been drained of blood. When John and Wayne Carter came home, the police arrested them right away. According to the story, the brothers admitted what they did almost immediately and actually asked to be executed because they said they were vampires who couldn’t stop themselves from needing blood. The legend says they were put on trial, found guilty, and killed. But here’s the weird part. When someone else in their family died later and they opened the family vault to bury them, the Carter Brothers’ bodies were gone. Most researchers say this whole story is probably fake. There are no records of John or Wayne Carter ever being executed in Louisiana. No court papers show they were even arrested or went to trial. The whole thing might just be a story that people started telling during a rough time in history. But even without any proof, people still believe it. A bartender who claims the Carter Brothers walked into her bar has become one of the most repeated stories in the city, and some folks even say they still see the brothers walking around the French Quarter today.
https://attackofthefanboy.com/news/this-tiktoker-says-new-orleans-vampires-arent-just-folklore-and-the-evidence-is-surprisingly-convincing/

OCC Permits National Banks to Hold Crypto for Gas Fees and Experiments

The Office of the Comptroller of the Currency (OCC) has officially permitted national banks to hold cryptocurrency on their balance sheets for paying network gas fees and conducting crypto-related experiments, marking a significant step toward integrating digital assets into traditional banking. OCC’s interpretive letter confirms banks can use crypto for permissible activities like fee payments [.] Source:.
https://bitcoinethereumnews.com/crypto/occ-permits-national-banks-to-hold-crypto-for-gas-fees-and-experiments/

Porsha Williams met by authorities after Delta flight incident, and the FBI is now looking into it

Porsha Williams from the Real Housewives of Atlanta had an unexpected run-in with authorities after her flight landed on Sunday night. The reality TV star was flying from Las Vegas to Atlanta when something happened on the plane that got the attention of law enforcement. Video footage shows Williams walking out of the gate wearing a fur coat and Uggs. She looked pretty relaxed about the whole thing and did not seem worried. A police officer walked with her after she got off the plane, and they talked for a bit. The FBI office in Atlanta told TMZ that they know about what happened on the Delta flight on November 16th. They said Williams and maybe another person were involved in some kind of incident. The FBI is now looking into it and trying to figure out if anyone broke any federal laws that would lead to charges. The incident is still a mystery Nobody really knows what actually went down on the flight yet. The flight crew talked to two passengers during the trip. Whatever the problem was, it did not stop the plane from finishing its journey to Atlanta like normal. When the plane got to the airport, police officers were there waiting to meet it. “FBI Atlanta is aware of an incident on a Delta flight on November 16th allegedly involving Porsha Williams and/or at least one other person,” TMZ quoted an FBI spokesperson. “We are looking to see whether any federal charges may or may not apply.” Williams was in Las Vegas for the whole weekend before this happened. She went to BravoCon with the other women from Real Housewives of Atlanta. The event is a big convention where fans get to meet their favorite Bravo stars. Williams did panels and took pictures with fans throughout the weekend. Everything seemed fine during her time in Vegas. She was hanging out with her co-stars and having a good time at the convention. So the flight incident on Sunday night was a strange way for her trip to end. The involvement of federal law enforcement in travel incidents usually means something serious might have happened. Her team has not made any statements either, so people are left guessing about what really went on during the flight.
https://attackofthefanboy.com/news/porsha-williams-met-by-authorities-after-delta-flight-incident-and-the-fbi-is-now-looking-into-it/

Spider-Man: Brand New Day Star Will Return For Avengers: Doomsday

We don’t know who Sadie Sink is playing in Spider-Man: Brand New Day, but she will reportedly reprise said role in Avengers: Doomsday. When Avengers: Doomsday shifted its release date to the end of 2026, it was suddenly coming out after Spider-Man: Brand New Day instead of before. With how interconnected the Marvel Cinematic Universe has become, there are a lot of little things that have to be adjusted when the order of release changes as well. One of those changes is who is going to make some sort of appearance in Avengers: Doomsday. We know the entire day hasn’t been revealed yet, but despite the hours-long chair hell, they’ve been rather quiet about confirming more cast members. However, other cast members are being low-key confirmed as they promote other projects. Sadie Sink has an unknown role in Spider-Man: Brand New Day and is currently making the rounds for the final season of Stranger Things, but Deadline is reporting that Sink will be reprising said unknown role in Avengers: Doomsday. Now, a reminder that reprising the role doesn’t mean she’s going to have a significant part. There will be cast members in Avengers: Doomsday, including top-tier talent, who will appear on screen for mere minutes and wrap up their roles in just a few days. That’s the nature of the beast when it comes to these massive productions with cast lists this long. It’s still impossible to guess who Sink is playing in Spider-Man: Brand New Day, even if people do have their own theories based on her hair color alone. Is Avengers: Doomsday Taking Steps Back Instead Of Forward? Over the summer of 2024, word came that Marvel and Disney were courting Anthony and Joe Russo to return and direct the next two Avengers films. It made sense in a way; they were coming off a year that didn’t exactly go to plan, and no doubt they wanted to go with what they thought would be the safest option. It turned out that the reports were spot on, and in July 2024, they were announced as the directors at San Diego Comic-Con. That was also where we learned that Robert Downey Jr. would be coming back as Doctor Doom, and it became very clear that Marvel was playing it safe by returning to what worked the first time. At the end of March, over the course of five and a half hours, Marvel announced a large portion of the Avengers: Doomsday cast, which includes, along with already confirmed Robert Downey Jr., Chris Hemsworth, Vanessa Kirby, Anthony Mackie, Sebastian Stan, Letitia Wright, Paul Rudd, Wyatt Russell, Tenoch Huerta Mejía, Ebon Moss-Bachrach, Simu Liu, Florence Pugh, Kelsey Grammer, Lewis Pullman, Danny Ramirez, Joseph Quinn, David Harbour, Winston Duke, Hannah John-Kamen, Tom Hiddleston, Patrick Stewart, Ian McKellen, Alan Cumming, Rebecca Romijn, James Marsden, Channing Tatum, and Pedro Pascal. The inclusion of previous X-Men characters is more proof that Marvel is taking steps back instead of forward. The stream was also an announcement that the film had entered production. Avengers: Doomsday will be released in theaters on December 18, 2026. Avengers: Secret Wars is set to be released on December 17, 2027.
https://bleedingcool.com/movies/spider-man-brand-new-day-star-will-return-for-avengers-doomsday/

Federal judges block Texas from using its new US House map in the 2026 midterms

A federal court on Tuesday blocked Texas from using a redrawn U.S. House map that touched off a nationwide redistricting battle and is a major piece of President Donald Trump’s efforts to preserve a slim Republican majority ahead of the 2026 elections. Texas this summer was the first state to meet Trump’s demands in what has become an expanding national battle over redistricting. Republicans drew the state’s new map to give the GOP five additional seats, and Missouri and North Carolina followed with new maps adding an additional Republican seat each. To counter those moves, California voters approved a ballot initiative to give Democrats an additional five seats there. “The public perception of this case is that it’s about politics. To be sure, politics played a role in drawing the 2025 Map. But it was much more than just politics. Substantial evidence shows that Texas racially gerrymandered the 2025 Map,” the ruling states. The 2-1 decision followed a nearly two-week trial in El Paso, Texas. Texas’ expected appeal would be directly to the U.S. Supreme Court, under a federal law dealing with redistricting lawsuits. A coalition of civil rights groups representing Black and Hispanic voters argued the map reduced the influence of minority voters, making it a racial gerrymander that violates the federal Voting Rights Act and the U.S. Constitution. They sought an order blocking Texas from using the map while their case proceeded, which would force the state to use the map drawn by the GOP-controlled Legislature in 2021 for next year’s elections. The panel of judges granted the critics’ request, signaling that they think those critics have a substantial chance of winning their case at trial. Judges appointed by Trump and Democratic President Barack Obama formed the majority. An appointee of Republican President Ronald Reagan dissented. “Without an injunction, the racial minorities the Plaintiff Groups represent will be forced to be represented in Congress based on likely unconstitutional racial classifications for at least two years,” the ruling said. Republicans in Texas said repeatedly during the Legislature’s debates this summer, and after, that they were redrawing districts solely to help Republicans win more seats. The U.S. Supreme Court gave states the go-ahead to pursue partisan gerrymandering by ruling in 2019 that it’s a political issue beyond the reach of the federal courts. But the two appeals judges concluded that a major reason that GOP Gov. Greg Abbott and Republican lawmakers moved was a letter from the head of the U.S. Department of Justice’s Civil Rights Division in July, directing Texas to redraw four districts that it said violated the Voting Rights Act. Harmeet Dhillon, the assistant U.S. attorney general overseeing the division, cited a ruling last year by the conservative federal appeals court for Texas, Louisiana and Mississippi. The 5th U.S. Circuit Court of Appeals declared that the landmark Voting Rights Act of 1965 does not allow separate minority groups to “aggregate their populations” to argue that a map illegally dilutes minority voters’ ability to elect the candidate of their choice. The court said each group’s situation must be analyzed separately. Dhillon argued that so-called “coalition” districts, where no group has a majority but minority voters together outnumber non-Hispanic white voters, must be dismantled as “vestiges of an unconstitutional racially based gerrymandering past.” “The Legislature adopted those racial objectives,” the majority said. “The redistricting bill’s sponsors made numerous statements suggesting that they had intentionally manipulated the districts’ lines to create more majority-Hispanic and majority-Black districts.” Texas Attorney General Ken Paxton’s office did not immediately respond to an email seeking comment about the ruling. Republicans hold 25 of Texas’ 38 congressional seats, with Democrats holding two of their 13 seats in districts that Trump carried in 2024. Had the new map been in place last year, Trump would have carried 30 congressional districts by 10 percentage points or more, making it likely that the GOP would have won that many seats as well. Democrats across the U.S. have described the redistricting in Texas and other states as a power grab by Trump designed to prevent a congressional check on him, regardless of voter anger. Republicans are keen to avoid a repeat of the 2018 midterms, when they lost the majority and the Democratic-controlled House twice impeached Trump. The new map decreased from 16 to 14 the number of congressional districts where minorities comprise a majority of voting-age citizens. In doing so, they eliminated what had been five of nine coalition districts. Five of six Democratic lawmakers drawn into districts with other incumbents are Black or Hispanic. Yet Republicans argued that the map is better for minority voters. While five “coalition” districts are eliminated, there’s a new, eighth Hispanic-majority district, and two new Black-majority districts. Critics consider each of those new districts a sham, arguing that the majority is so slim that white voters, who tend to turn out in larger numbers, will control election results. Stay informed and connected — subscribe to The Philadelphia Tribune NOW! Click Here Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don’t Threaten. Threats of harming another person will not be tolerated. Be Truthful. Don’t knowingly lie about anyone or anything. Be Nice. No racism, sexism or any sort of -ism that is degrading to another person. Be Proactive. Use the ‘Report’ link on each comment to let us know of abusive posts. Share with Us. We’d love to hear eyewitness accounts, the history behind an article.
https://www.phillytrib.com/news/federal-judges-block-texas-from-using-its-new-us-house-map-in-the-2026-midterms/article_c4887c98-6b09-445a-989d-ced904e7d6fc.html

What One Attorney General Learned From Suing Trump 46 Times

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. In Trump 1. 0, a loose coalition of democratic attorneys general worked to resist the administration’s forays into lawless power grabs. In Trump 2. 0, the chief law-enforcement officers of 23 blue states have become an organized, surgical, and vital bulwark against the White House’s assaults on the Constitution. California Attorney General Rob Bonta has been one of the busiest. On this week’s Amicus podcast, Bonta explained his state’s developing litigation strategy to Dahlia Lithwick. Their conversation has been edited and condensed for clarity. Dahlia Lithwick: If my math is correct, as California’s attorney general, you are now signed off on 46 lawsuits against the Trump administration. That is a lot. How does your office decide what’s worthy of a suit and what goes on the back burner? How do you decide what’s a priority? Rob Bonta: We don’t have the luxury of choosing. We have one simple position: If Trump breaks the law and it hurts the state of California, we sue him. If he doesn’t break the law, we don’t. So if he decides that he’s going to issue an executive order on Inauguration Day, after he just raised his right hand and swore to defend the Constitution, then goes into another room to issue an executive order that violates the Constitution, we sue. He decides he’s going to issue an Office of Management and Budget memo that tries to withhold $3 trillion worth of critical funding to the states that Congress has already appropriated, we sue. He decides he’s going to impose unlawful tariffs, or invade the privacy of Americans through DOGE’s access to bank accounts and Social Security information, we sue. He decides that he’s going to deploy the National Guard unlawfully to states, then we respond. We stand at the outer boundary of his authority, and we say, You cannot cross this line. We are here to push you back and to cabin you, and we hold you accountable to the actual authority that you have, but you can’t cross this line. You can’t take Congress’ authority, you can’t take this state’s authority, and you can’t violate the Constitution. And we meet him in court every time. We don’t want to sue him 46 times. I’d rather have sued him zero times, because that would mean he’s following the law. I think I have to ask you about the Netflix movie that plays in my head, in which all of the state attorneys general are sitting around on Zoom calls and war-gaming what’s coming next and what the states can do. This is not really a model that we thought about in law school, right? This is a new way of thinking about states and federalism and state power. This surging into the legal void by state elected officials and state law and state supreme courts to act as a bulwark against creeping authoritarianism-this is so not the way we learned to think about justice. What have you learned from the work you’re doing with other states and the work you’re doing inside your state about whether these litigation strategies might be a way out of this mess? When I was in law school, I dreamed about having a job in the law that was meaningful, that made a difference, that advanced our society and protected people’s rights. I wanted to use the law as a force for good. I never could have imagined I would be the attorney general of California, working with my incredible colleagues, a total of 23 Democratic attorneys general, fighting to defend the bedrock principles of our nation, our Constitution, the separation of powers, checks and balances, congressional authority, state sovereignty, rights, and freedoms, or that I’d be fighting to protect those things against the federal government, a federal government that would be weaponizing the government to try to undermine all those things. That wasn’t on my bingo card. But sometimes you don’t pick the moment, you don’t pick the scenario, it picks you. So we are all attorneys general in this moment. I couldn’t be more proud of my fellow AGs and of what we’ve created as a team, as a coalition of states. This model emerged in Trump 1. 0, when AGs started banding together, but it was a little more loose. There were far fewer cases. The pace was different, the stakes were different. I was a legislator at the time in California, watching it up close and personal and seeing the cases filed, and I’ve always called that “the rise of the AGs.” We have continued to be on that trajectory. The fact that it would be state AGs exercising state sovereignty, reminding the federal administration of separation of powers, checks and balances, acting as the constitutional authority holding the federal administration in check, wasn’t necessarily what I planned on, but it’s the brilliance of the design of our American democracy that there are checks and balances all over the Constitution and they can be ignited and used at the appropriate time. Here, it’s states led by state AGs pushing back against the unlawful conduct of the federal administration. Thus far, I’m grateful to say, we’ve been overwhelmingly effective, with 80 percent of the orders in our cases being in our favor and blocking and stopping unlawful conduct quite often. I’m not sure that you intended to say this, but I’d absolutely love it if you did. You said, “We are all attorneys general,” and I love that as a model of thinking about all of our roles going forward. Every single one of us has a responsibility, very similar to the one you just described, of seeing unlawful action and calling it out and fighting against it. Yes, we in the states have our own formal role as attorneys general. We’re in courts, and courts are a place where the law is applied to the facts and justice is delivered. But three things are really important right now. I call them the three C’s: courts, crowds, and courage. We state AGs are in courts, and others are in courts, including private plaintiffs, holding this administration accountable-but it’s important that everyone know that they have a role to call out unlawfulness and to call out injustice. Crowds are important, whether it be on “No Kings” Day or Hands Off marches, when the people come out en masse to remind this administration who their boss is. Trump’s bosses aren’t his billionaire buddies or greedy corporations. His boss is the people, you and me, us and we. We will have the final say. We’ll write the next chapter in the story of America. And, finally, courage is important. There’s a lot of intimidation, targeting, attempts to silence. Everyone in this country has an opportunity, and I would even say a duty and an obligation, to exercise the most potent power that there is, which is people power-to speak up against injustice and to call out unlawfulness and to demand more and better of our administration. AGs will play our role, but everyone has a role, and I encourage everyone to lean into that role in this moment.
https://slate.com/news-and-politics/2025/11/california-attorney-general-rob-bonta-trump-lawsuits.html?via=rss