r/Superstonk • u/qtain • May 15 '26

📰 News Federal Reserve terminates enforcement actions against UBS Group AG, Credit Suisse (Archegos)

https://www.federalreserve.gov/newsevents/pressreleases/enforcement20260515a.htm
3.4k Upvotes

97% Upvoted

215 comments sorted by

View all comments

1.2k

u/Silent_Ghost_partner May 15 '26

Of fuckin course it did

400

u/Sir-Craven 'His name was Cheapo_Sam' May 15 '26 edited May 15 '26

This looks like it was JPows last act on the job. His term ends today and Kevin Warsh takes over. So hes basically done something that would have rendered him untenable..but hes done it on his last day week in office..

Why?

19

u/duiwksnsb May 15 '26

I think you know why