Interest rates, climate change, crypto are top concerns for New York Fed supervisors
NEW YORK – Economic uncertainty, climate change and cryptocurrencies are the three biggest risks facing the banking system, the Federal Reserve Bank of New York’s top supervisor said. In a speech delivered Thursday morning, Diane Dobbeck, head of the New York Fed’s supervisory group, said ensuring banks are prepared to deal with those three topics is a top priority for her team at the moment.