News
NC bill would regulate crypto banking, stablecoins
NC bill would create rules for crypto banking, stablecoin issuers, and unclaimed digital assets as the industry evolves.
News
NC House backs bill to regulate crypto ATMs
NC House backs bill regulating crypto ATMs with licensing, fraud refunds, fee caps, and limits on daily kiosk transactions.
News
Congressman-elect Tim Moore assigned to House Financial Services Committee
The House Financial Services Committee holds jurisdiction over policies related to the economy, banking systems, housing, insurance, and securities and exchanges. The Committee also has jurisdiction over matters related to monetary policy, international finance, international monetary organizations, and efforts to combat terrorist financing.
News
Folwell hopeful for North Carolina’s financial future as he leaves office
On his 95th and last “Ask Me Anything” call with reporters Tuesday, North Carolina State Treasurer Dale Folwell reflected on his time as the 28th keeper of the public purse and what he thinks lies ahead for him and the state.
News
Raleigh-based First Citizens agrees to buy failed SVB
Raleigh-based First Citizens has agreed to buy the failed SVB (Silicon Valley Bank). The FDIC issued a statement late Sunday that they agreed on the sale of all deposits and loans of the troubled bank.
News
NC’s First Citizens in the running to purchase SVB
One of Raleigh’s oldest banks is in the running to purchase the failed Silicon Valley Bank, also known as SVB.
News
NC regional banks under close watch amid upheaval
collapse of two large Silicon Valley California banks in recent days has officials trying to calm investors and prevent a contagious fear of bank collapse that might trigger massive withdrawals. State Treasurer Dale Folwell chairs North Carolina’s State Banking Commission and says he and N.C. Commissioner of Banks Katherine Bosken have been closely watching the situation. Folwell says he feels confident.
Opinion
Allison Shows That Damage To Financial System Worse Than We Knew
Former BB&T chairman and CEO John Allison has put together a fascinating new book explaining what he learned about government and financial regulation over 20 years inside the system.
News
Friday Interview: Book Examines How Financial Crisis Rocked Charlotte
RALEIGH — If you took a snapshot of the Charlotte banking community in 2007, left the Queen City, then returned today, you would find a much different place. Rick Rothacker, banking reporter for The Charlotte Observer, devoted an entire book to the subject of the financial crisis’s impact on North Carolina’s largest city. Rothacker discussed Banktown: The Rise and Struggles of Charlotte’s Big Banks with Mitch Kokai for Carolina Journal Radio.
Opinion
More Stats On Bailout Nation
If you are looking for some light reading or humor to “start your day right,” you may find today’s column disappointing.
Opinion
An Update On Bailout Nation
Publicly held federal debt will rise from the equivalent of 41 percent of the nation’s economy in 2008 to 65 percent in 2010 and a staggering 82 percent by 2019.
Opinion
Another Round In The Eternal Debate
RALEIGH – Consider yourself lucky – you’ve just been witness to momentous events likely to be the subject of spirited political and academic debate for many decades to come.
