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How the Federal Reserve Plans to Regulate New Banking Technologies
Washington, Thursday, 20 August 2026.
Federal Reserve official Randall Guynn outlined a strategy to supervise financial technology and artificial intelligence, balancing innovation with banking stability to protect the broader financial system.
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US Budget Deficit Has Likely Peaked, Says Treasury Secretary Scott Bessent
Washington, Thursday, 20 August 2026.
Treasury Secretary Scott Bessent stated US deficits have peaked as national debt topped $40 trillion, signaling spending stabilization and expanded bond buybacks to manage rising borrowing costs.
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FBI Arrests Albany Woman in Alleged Plot to Bomb New York Capitol
Albany, Thursday, 20 August 2026.
Federal authorities arrested 35-year-old Jessica Bowie for allegedly planning an ISIS-inspired bomb attack on the New York State Capitol after undercover FBI informants supplied her with inert explosives.
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Strong Earthquake Strikes Southern Peru Threatening Major Regional Mining Operations
Upahuacho, Thursday, 20 August 2026.
A 6.7 magnitude earthquake struck southern Peru on August 20, 2026, triggering landslide warnings near major mining hubs vital to global metal supply chains. No major damage reported yet.
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Harvard Reaches $53 Million Settlement Over Stolen Body Parts Scandal
Cambridge, Thursday, 20 August 2026.
Harvard University agreed to a $53 million settlement following the illicit sale of donated cadavers by a former morgue manager, mitigating severe institutional risk and compensating affected families.