Daily Regulatory Briefing - Jun 22, 2026
Alex here.This is Lex Reg Pulse Daily for Monday, June 22, 2026.The story this week starts at the Federal Reserve — not with a rate move, but with what the Fed is no longer telling you.Kevin Warsh's policy review is now confirmed as a broad structural overhaul, not a one-time communication trim.The dot plot is gone.Forward guidance is gone.And investors are pricing that silence: the Financial Times reports traders see the missing rate path adding term premium and volatility — pushing up US borrowing costs even with the policy rate sitting unchanged at 3.5 to 3.75 percent.The cost lands on the…
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