Fulcrum Perspectives
An interactive blog sharing the Fulcrum team's policy updates and analysis.
U.S. Financial Regulatory Week Ahead
It’s All About Wyoming This Week
August 18 - 22, 2025
‘The time has come’ for rates cuts”
– Federal Reserve Board Chair Jay Powell speaking at the Jackson Hole Economic Symposium, August 23, 2024
Washington will be quiet this week as Congress remains out of session for the August recess and the bulk of lobbyists are on vacation, too. Instead, all the action will be in Wyoming this week – specifically, in Jackson Hole as the Kansas City Federal Reserve Bank hosts the annual Jackson Hole Symposium.
All eyes and ears will be on Federal Reserve Board Chair Jay Powell’s economic outlook speech on Friday, with markets wondering: Will Powell repeat the above quote from his 2024 speech at the Symposium, cuing up a likely rate cut at September’s Federal Open Market Committee?
But that’s not all that is taking place around Jackson Hole this week: On the sidelines of the Economic Symposium will be the Wyoming Blockchain Symposium 2025. There is scheduled to be something of a “who’s who” of regulators and members of Congress. Notably, Securities and Exchange Commission Chair Paul Atkins will participate in a fireside chat discussing all things crypto, and Federal Reserve Vice Chair for Supervision Michelle Bowman will be giving a speech entitled “Fostering New Technology in the Banking System.”
Also speaking will be Senate Banking Committee Chair Tim Scott (R-SC) – who is going to be quarterbacking this fall the legislative aspects of President Trump’s recently released digital financial technology strategy – and Senator Cynthia Lummis (R-WY) who chairs the Senate Banking Subcommittee on Digital Assets (and is known on Capitol Hill as the “Crypto Queen,”) as well as Tyler Williams who is Counselor to Treasury Secretary Scott Bessent on digital asset issues.
And that is about it for this coming week. Please let us know if you have any questions.
U.S. Congressional Hearings
U.S. Senate
The Senate is out of session for the August recess and will return on September 2.
House of Representatives
The House is out of session for the August recess and will return on September 2.
Federal Department & Regulatory Agency Meetings & Events
Federal Reserve Board and Federal Reserve Banks
Tuesday, August 19, 2:10 p.m. – Federal Reserve Vice Chair for Supervision Michelle W. Bowman gives a speech entitled “Fostering New Technology in the Banking System” at the Wyoming Blockchain Symposium 2025, Teton Village, Wyoming.
Wednesday – Saturday, August 21 – 23 – The Federal Reserve Bank of Kansas City hosts the Jackson Hole Economic Policy Symposium at the Teton Village, Wyoming. The theme of this year’s Symposium is “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy.” You can access all papers presented at the Symposium HERE.
Wednesday, August 20, 11:00 a.m. – Federal Reserve Board Governor Christopher J. Waller gives a speech on the topic of payments at the Wyoming Blockchain Symposium 2025, Teton Village, Wyoming.
Friday, August 22, 10:00 a.m. – Federal Reserve Board Chair Jerome H. Powell will give a speech on entitled “The Economic Outlook and Framework Review” at the 2025 Jackson Hole Economic Policy Symposium, Moran, Wyoming.
U.S. Treasury Department
There are no significant events scheduled at this time.
Department of Commerce
There are no significant events scheduled at this time.
Department of Housing and Urban Development
There are no significant events scheduled at this time.
Securities and Exchange Commission
Tuesday, August 19, 1:00 p.m. ET – SEC Chair Paul Atkins will participate in a fireside chat at SALT’s Wyoming Blockchain Symposium in Jackson Hole, Wyoming.
Thursday, August 21, 2:00 p.m. – The SEC holds a Closed Meeting.
Commodities Futures Trading Commission
There are no significant events scheduled at this time.
Federal Deposit Insurance Corporation
There are no significant events scheduled at this time.
Office of the Comptroller of the Currency
There are no significant events scheduled at this time.
The Consumer Financial Protection Bureau
There are no significant events scheduled at this time.
FINRA
There are no significant events scheduled at this time.
National Credit Union Administration
There are no significant events scheduled at this time.
Federal Trade Commission & Department of Justice Antitrust Division
There are no significant events scheduled at this time.
Farm Credit Administration
There are no significant events scheduled at this time.
Farm Credit System Insurance Corporation
There are no significant events scheduled at this time.
International Monetary Fund & World Bank
There are no significant events scheduled at this time.
North American Securities Administrators Association
There are no significant events scheduled at this time.
Small Business Administration
There are no significant events scheduled at this time.
Trade Associations & Think Tank Events
Trade Associations
There are no significant events scheduled at this time.
Think Tanks and Other Events
Monday – Thursday, August 18 – 21 – The SALT’s Wyoming Blockchain Symposium will be held in Jackson Hole, Wyoming. The speakers include SEC Chair Paul Atkins, Federal Reserve Board Vice Chair for Supervision Michelle Bowman, Senate Banking Committee Chair Tim Scott (R-SC), and Federal Reserve Board Governor Christopher Waller.
Please let us know if you have any questions or would like to be added to our email distribution list.
Subscribe to our newsletter.
Sign up with your email address to receive news and updates.