Debt ceiling deal clears Senate

Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, announced that he will step down from his position at the end of his term early next year.

The CFPB will exhaust its currently available funding early next year, and the bureau cannot withdraw funds from the Federal Reserve without a congressional appropriation, according to a recent memo by the U.S. Department of Justice.

The NFIB Small Business Optimism Index declined 0.6 points in October to 98.2 but remained above its 52-year average of 98. The NFIB uncertainty index fell 12 points from September to 88.

Nearly three in four consumers are open to trying stablecoins and other digital currency services if offered by their primary bank, compared to just 3.6% who would feel comfortable using unregulated providers, according to a new survey.

Mutual Bancorp in Massachusetts and Bluestone Bank to merge; First Financial in Indiana agrees to buy CedarStone Financial in Tennessee.

House Budget Committee Chairman Jodey Arrington (R-Texas) will not seek re-election to office next year. Before joining Congress, he was chief of staff at the FDIC.