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Precious Metals Week in Review

The Precious Metals Week in Review – January 3rd, 2025

A clash between BlackRock and the Federal Deposit Insurance Corporation over the money manager’s holdings of U.S. banks will now play out in the waning days of President Joe Biden’s administration. The FDIC has asked BlackRock to sign by Jan. 10 a “passivity agreement” that would codify greater checks on the money manager’s holdings of FDIC-supervised lenders