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Website title: American Banker | Banking & Financial News & Analysis | American Banker

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Amerant names new CEO, Illinois community banks agree to merge
Amerant Bancorp in Coral Gables, Florida, appointed Carlos Iafigliola its permanent president and CEO; Morton Community Bank in Illinois reached a deal to buy a three-branch franchise in the Land of Lincoln; Bank First in Manitowoc, Wisconsin, agreed to acquire PSB Holdings; and more in this week's banking news roundup.

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Kevin Warsh sworn in as Federal Reserve chair
President Donald Trump administered Federal Reserve Chair Kevin Warsh's oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.

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As inflation rises, Fed's Waller ready to drop 'easing bias'
Federal Reserve Gov. Christopher Waller said in a speech Friday that he favors holding interest rates steady until energy prices fall, but noted that the central bank should be ready to hike rates if inflation gets too far out of hand.

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AI beats humans at transaction monitoring, Revolut US CEO says
Cetin Duransoy said every employee at his company is now using AI in some way.

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Crypto firms need to get serious about consumer safeguards
The use of cryptocurrency products will only go truly mainstream when everyday consumers feel confident that their assets are not at risk of disappearing because of a mistake or an oversight.

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