Jerome Powell, the Federal Reserve's leader, faces a tricky situation. He's considering attending a Supreme Court hearing about whether President Trump can dismiss Lisa Cook, a Fed governor. However, not everyone agrees that this is a wise move. Scott Bessent, a prominent figure in finance, advises
In a bold move, a Pennsylvania lender, Newrez, is set to accept cryptocurrency as part of mortgage applications starting next month. This shift aligns with a broader trend, as the US Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac last year to explore crypto's role in home
Texas made headlines by being the first state to buy bitcoin for its treasury. This move sparked a wave of similar actions across the country. Other states are now following suit, eager to get a piece of the cryptocurrency pie. The Lone Star State invested about five million dollars in the BlackRoc
In Arkansas, politics have recently overshadowed education in a big way. Emily Suski, a well-respected law professor, was offered the dean position at the University of Arkansas School of Law. She had all the right qualifications and experience. But then, things took a turn. Some politicians didn't
A year after Gary Gensler stepped down as the top boss at the SEC, things have changed a lot in the crypto world. People in the crypto industry weren't big fans of Gensler's strict rules and actions. This led to companies like Ripple Labs supporting political candidates who were more crypto-friendly
The gap between the super-rich and everyone else is growing wider than ever. In 2025, the wealth of billionaires around the world shot up by 16%, reaching a staggering $18. 3 trillion. This is not just a small increase; it's a massive jump that has happened three times faster than in recent years.
The Arctic is heating up at a rapid pace. It's warming about four times faster than the rest of the planet. This is not just a climate fact. It's a game-changer for global politics. As the ice melts, something big is happening. New paths for ships are opening up. Hidden resources are being uncovere
Across the United States, states are diving into the world of cryptocurrency, not just as a trend but as a strategic financial move. Texas and New Hampshire are leading the charge, setting up bitcoin reserves and integrating digital currencies into their financial systems. This isn't just a Republic
In a show of unity, Federal Reserve Vice Chair Philip Jefferson recently praised Jerome Powell, the Fed's chair, calling him a person of the highest integrity. This comes after Powell revealed that the Department of Justice had subpoenaed the Fed and even threatened him with criminal charges. Powell
U. S. banks are in a tough spot. President Trump recently suggested capping credit card interest rates at 10% for a year. This idea has sparked confusion and concern across the finance industry. The announcement came with no clear plan on how to enforce it. Banks are left wondering what to do next.
