Author: Leslie Stewart

“Congress should reject the double standard of cryptocurrency.” Tim Ryan and Kendrick Meek of NewsweekWhy “Single Out Crypto? The President is not banned from owning shares in oil companies while setting up energy policies, or ownership of real estate while forming tax policies,” says Tim Ryan and Kendrick Meek. “It’s about optics, simply because Crypto is brand new or politically charged.” “If the goal is to prevent self-richness, it makes little sense to allow broad discretion on other financial assets that can easily create conflicts of interest while limiting crypto-holding.”read more Subscribe to week Escape the echo chamber. Get analysis…

Former Federal Reserve Governor Kevin Wersch called on Thursday that he led the agency to wipe out changes in how central banks do business and proposed a policy alliance with the Treasury Department on the short list of President Donald Trump.”There is a need for a regime change in policy implementation,” Warsh said in an interview with CNBC’s “Squawk Box.” “The credibility deficit, in my opinion, lies in current positions with the Fed.”The principal of those holdovers is Chairman Jerome Powell. Jerome Powell has repeatedly raised Trump’s rage and is confident that he will not be reappointed when his term…

LONDON – The UK will lower the voting age between 18 and 16 before the next national election, as part of a measure to increase democratic participation, the government announced Thursday.The Central Left Labour Party pledged before lowering the age of votes for the elections that were elected in July 2024 to British Parliament. Scotland and Wales have already voted in local and local elections, with people aged 16 and 17.The UK will join a short list of countries with 16 voting ages, along with Austria, Brazil, Ecuador and others. A small number of European Union countries, including Belgium, Germany…

Open this photo in the gallery:Republican presidential candidate Donald Trump will then speak at the Bitcoin 2024 event held in Nashville, Tennessee on July 27, 2024.Kevin Worm/ReutersTiming was not on Changpeng Zhao’s side. Zhao, the founder and Canadian of Binance, the world’s largest cryptocurrency exchange, faced money laundering charges under the Justice Department during his time in Biden. He traded in prison for four months. If only the event is dragged a bit.On January 21st, a day after the inauguration, US President Donald Trump forgives a code criminal who did much worse than Zhao: Ross Ulbricht, who had been sentenced…

The 61-year-old man was dead after a group of people were hit by lightning in New Jersey’s archery area on Wednesday night, police said. Thirteen other people, including the seven-year-old, were injured in a lightning strike at the Black Knight Bow Benders Archery Range in Jackson Township. Jackson Township Police Chief Matthew D. Kuntz said the injuries “from burns to non-specific complaints of feeling unwell.” At least four victims were children and were taken to hospital with burns, said Jerry Mindursky of the Archery Club. Black Night Bow Benders Archery Club in Jackson Township, New Jersey on Wednesday.NBC New YorkThree…

Q2 2025 was an exceptional quarter for cryptocurrencies. It didn’t necessarily feel that way. Bitcoin refused to break out of the $100,000 range, and other crypto assets traded mostly sideways.But let’s consider what actually happened.Paul Atkins, the most pro-crypto SEC chairman in history, has been confirmed. Coinbase joins the S&P 500 index. Stablecoin issuer Circle debuted with one of the most successful IPOs in a decade.The number of companies with Bitcoin on their balance sheets has increased by nearly 60%. Bitcoin was the world’s best-performing major asset, rising more than 30%. This is nearly three times the return on U.S.…

He denied plans to do so after President Donald Trump said he would fire Federal Reserve Chairman Jerome Powell in a room full of Republican lawmakers.”We’re not going to do that,” he said Wednesday at the White House. “I won’t rule out anything,” he added.At a meeting at the Oval Office on Tuesday, Trump asked a group of House Republicans if he thought he should fire Powell. According to a senior White House official, the president said he would follow through after receiving support from the move.”The president asked lawmakers how he felt about firing the Fed chair. They expressed…

Influencer Emily Kaiser’s husband could face felony child abuse charges in the drowsing death of his 3-year-old son Trigg in an Arizona backyard pool.Chandler Police Department said on Tuesday X that Trigg’s May 18 death and “following a thorough review of the evidence, investigators recommended a class-four felony charge of child abuse against Brady Kaiser.”The case was filed with the Maricopa County Attorney’s Office for review. Police and the Maricopa County Attorney’s Office did not immediately respond to a request for comment Wednesday. Trigg died six days after it was found unconscious in a backyard pool. Phoenix’s NBC affiliate KPNX…

The wholesale price measure showed no change in June, providing conflicting indications as to whether tariffs threaten to promote inflation in the coming months.Producer price indexes remained flat, according to the Bureau of Labor Statistics seasonally adjusted numbers reported Wednesday. Economists surveyed by Dow Jones were looking for a 0.2% increase.The same was true for Core PPI, which was also expected to show an increase of 0.2%.In conjunction with Tuesday’s release of the Consumer Price Index, data suggests that President Donald Trump’s tariffs show only minor bites in the US economy and prices of goods and services.The number of headline…

Chicago has built a global reputation as a leader in financial innovation, with three of the world’s most important exchanges: the Chicago Mercantile Exchange (CME), the Chicago Board Options Exchange (CBOE), and the Chicago Trade Commission (CBOT). But today, its reputation is at risk of slipping as the next generation of financial technology (digital assets) evolves (mainly) outside our state. Certainly, Chicago has formed solid roots for digital assets such as blockchain, cryptocurrency, and Web 3.0, but it is not a world-leading way to lead the world with past innovations such as financial futures, options trading and the provision of…