Trump’s Crypto Venture Introduces a Stablecoin
World Liberty Financial, the crypto business created by President Trump and his sons, unveiled a cryptocurrency called a stablecoin, furthering his ties to an industry his administration regulates.
Banking and Financial Institutions
Supreme Court Rules for Chicago Politician in Bank Fraud Case
The justices unanimously said a law prohibiting “any false statement or report” did not cover misleading assertions that fell short of outright lies.
Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.
Stocks Post Biggest Loss of the Year on Trump’s Tariff Plans
The S&P 500 fell 1.8 percent on Monday after President Trump doubled down on plans to impose 25 percent tariffs on Canada and Mexico starting Tuesday.
Americans Brace for Inflation as Trump’s Tariffs Start to Take Effect
More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.
Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
A directive calling for oversight over the central bank’s regulatory and supervisory responsibilities has set off alarm.
So, You Want to Get Rid of the Penny. Do You Have a Plan for the Nickel?
President Trump’s plan to eliminate the penny could save the government money, but there’s no guarantee.
Howard Lutnick, Trump’s Commerce Nominee, Discloses Business Interests
Howard Lutnick disclosed details of complex financial interests, including at least $800 million in assets and positions in more than 800 companies.
Ahead of Trump Presidency, the Fed Quits Global Climate Network
Federal Reserve Bank officials said the decision to leave the network came after the group’s work had “increasingly broadened in scope.”
Cookies, Cocktails and Mushrooms on the Menu as Supreme Court Hears Bank Fraud Case
In trying to find the line between false statements and misleading ones in the case of a Chicago politician, members of the Supreme Court posed colorful questions.