Much of the recent movement in rates can be tied to the Trump administration’s political machinations at the Federal Reserve. The president has continued to point fingers at Fed Chair Jerome Powell for failing to lower rates more quickly, even as inflation nears the Fed’s goal of 2% per year and unemployment remains relatively low
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Six months into Donald Trump’s return to the White House, one thing is clear: the biggest winners so far aren’t oil executives or Wall Street bankers. They’re crypto bros. Yes, the same industry that melted down in 2022—taking with it crypto exchange FTX, its “visionary” CEO Sam Bankman-Fried (now serving 25 years in prison), and
South Korean President Lee Jae-myung nominated Koo Yun-cheol as the next finance minister, turning to a veteran bureaucrat to guide the economy at a time of sluggish growth and mounting trade pressures from the Trump administration. “The president nominated Koo Yun-cheol, a widely recognised policy expert, as finance minister as he is a figure who
In a series of bombastic new comments on June 27, President Donald Trump didn’t just embrace the world of cryptocurrency; he claimed to be its founding father. Painting a picture of a failing industry that he single-handedly rescued, Trump cast himself as the visionary who transformed crypto into a “very powerful industry” essential for American
One of the many ways that Donald Trump‘s first presidential term was unprecedented is that his brazen self-dealing triggered multiple federal lawsuits alleging violations of the Emoluments Clause, or the provision of the U.S. Constitution that bars federal officials from accepting money and gifts from both foreign and domestic actors. But two of those suits
“If fartcoin dips below $0.80 the entire housing market collapses.” Anna Good Posted on June 27 2025 11:00 am CDT Federal housing director orders crypto to count for mortgages, and now people are clowning on it with “fartcoin” memes. Featured Video In a move that instantly set off a wave of online mockery, Federal Housing
Dominic Basulto | The Motley Fool Brazen ‘wrench attacks’ are on the rise For crypto traders, online encryption doesn’t matter when someone takes you hostage to coerce you into revealing your password. On June 17, the U.S. Senate officially passed the Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act, which will create a
The United States has issued a new warning to Mexico over money laundering tied to drug trafficking. This time, the focus is on two banks— CIBanco and Intercam — and the brokerage firm Vector. They are accused of being involved for years in laundering money for criminal organizations and facilitating payments in Asia for the
A federal judge used an episode from “The Simpsons” to illustrate her ruling that prevents the Trump administration from withholding money approved for states to build charging networks for electric vehicles. Colorado is one of 16 states that recently sued the administration for not releasing billions of dollars authorized under the 2021 Infrastructure Investment and