News in Systemic Risk: Wednesday, February 12, 2025 (9:45 a.m. ET) February 12, 2025 Semiannual Monetary Policy Report to the Congress (Jerome H. Powell; Federal Reserve Board Announcements) Are we underestimating changes in financial markets? (Andrew Bailey; Bank of England) FDIC Releases Documents Related to Supervision of Crypto-Related Activities (Federal Deposit Insurance Corporation) Financial Looting and Controls on Resident Outflows (Bo Li, Alessandro Rebucci, Hui Tong; National Bureau of Economic Research) JPMorgan and bank capital requirements: the long-short story (Daniel Davies; Financial Times) Trump, the Fed and climate’s undeniable systemic risk (Riley Steward; Central Banking) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook Fed Official Michael Barr Provides an Inside Look at Crisis Response High School Students Visit Yale SOM for Introduction to Careers in Business and Economics