Trump Family's Big Moves in Finance: What's Really Going On?

The Trump family is making waves in the banking world. President Trump is working on big changes for Fannie Mae and Freddie Mac, aiming to take them out of government hands. Meanwhile, he's also been teasing Goldman Sachs CEO David Solomon about the bank's predictions on tariffs. But it's not just the president making moves. His sons, Donald Trump Jr. and Eric Trump, have joined the board of a small investment bank that deals with crypto. Since they started, the bank's revenue has gone up. This is happening while everyone is watching to see how Trump's picks for regulators will handle new rules for crypto and stablecoins. So, what does this all mean? Well, the Trump family is definitely leaving their mark on Wall Street. From big policy changes to crypto investments, they're involved in a lot. And with Trump-appointed regulators in place, the banking industry is bracing for more shifts. But let's not forget, this is all happening in August, a usually slow month for big news. Yet, the Trump family is keeping things interesting. They're not just sitting back; they're making moves and shaking things up.