News in Systemic Risk: Thursday, May 11, 2023 (10:00 a.m. ET) May 11, 2023 Rising interest rates and implications for banking supervision (Rodrigo Coelho, Fernando Restoy, Raihan Zamil; Bank for International Settlements) Gas, Guns, and Governments: Financial Costs of Anti-ESG Policies (Daniel G. Garrett, Ivan T. Ivanov; Brookings) Global monetary and financial spillovers: Evidence from a new measure of Bundesbank policy shocks (James Cloyne, Patrick Hürtgen, Alan M. Taylor; VoxEU) Yellen Doubts Biden Administration Can Avoid Default Without Congress (Andrew Duehren; Wall Street Journal) US risks falling behind Europe without crypto rules, warns SEC commissioner (Scott Chipolina; Financial Times)