The Senate Banking Committee would shut off the Consumer Financial Protection Bureau’s funding stream from the Federal Reserve to provide the vast majority of deficit reduction in reconciliation provisions released Friday. The panel posted an eight-page text that would restrict the CFPB from requesting a transfer from the Fed, according to a section-by-section explanation of
US charges Kilmar Abrego Garcia with transporting people who were in the country illegally — 4:00 p.m. By the Associated Press Abrego Garcia, whose mistaken deportation to El Salvador became a political flashpoint in the Trump administration’s stepped-up immigration enforcement, was being returned to the United States to face criminal charges related to what the
U.S. House of Representatives Republicans are forging ahead with legislation to establish regulations for U.S. crypto markets, dissecting that effort in a pair of hearings on Wednesday, but Democrats insist the complex bill is hurried, flawed and fails to address a chief complaint: their accusations that President Donald Trump is engaged in crypto corruption. The
“There exists a grey area in the field of bitcoin/cryptocurrency regulation and the existing laws and completely obsolete. They cannot address this issue,” said the Supreme Court today while dealing with a case involving allegations of bitcoin extortion. A bench of Justices Surya Kant, Dipankar Datta and Vijay Bishnoi was dealing with the plea of
Referencing Trump’s business moves while in office, an ethics expert said, “His is one of the most blatant and appalling instances of selling access to the presidency I’ve ever seen.” Trump hosts crypto dinner for biggest $TRUMP coin buyers The president hosted top investors in his meme coin and rewarded the biggest buyers with gifts
Emin Gun Sirer, chief executive officer of Ava Labs, spoke at the Cornell Blockchain Conference … More titled, “A New Era of Innvoation in Crypto”. © 2023 Bloomberg Finance LP On April 25, 2025, the Cornell Blockchain Conference at Cornell Tech’s Verizon Center in New York City spotlighted a growing convergence between academic rigor, institutional
Trump’s crypto project says it sold $550M in tokens Donald Trump’s World Liberty Financial crypto project announced it raised $250 million in its second token sale, bringing total sales to $550 million. Cheddar U.S. banking regulators announced on Thursday they were pulling back several documents that urge banks to show caution when dabbling in cryptocurrency and related activities. The Federal Reserve said it was
Want to comment on this story? Become a subscriber today. Click here. More than two dozen Michigan school districts face the loss of nearly $42 million in reimbursement for federal pandemic relief funds after the U.S. Education Secretary Linda McMahon rescinded a previously set deadline. Michigan education officials said agencies across the country, including the
President Donald Trump at the 2024 Bitcoin Conference in Nashville, TN. The Washington Post via Getty Images The world of financial services is always evolving, but recently there are signs of a seismic shift. At the heart of this transformation is the rise of cryptocurrencies. Digital assets like Bitcoin, Ethereum, and a host of others
President Donald Trump at the 2024 Bitcoin Conference in Nashville, TN. The Washington Post via Getty Images The world of financial services is always evolving, but recently there are signs of a seismic shift. At the heart of this transformation is the rise of cryptocurrencies. Digital assets like Bitcoin, Ethereum, and a host of others