Donald Trump
Trump picks Brooke Rollins to be agriculture secretary
Brooke Rollins, president and CEO of America First Policy Institute (AFPI), speaks during a discussion hosted by AFPI and The Abraham Accords Peace Institute, in Washington D.C., on Monday, September 12, 2022. Tom Williams | Cq-roll Call, Inc. | Getty Images U.S. President-elect Donald Trump has chosen Brooke Rollins, president of the America First Policy […]
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Trump expected to pick Brooke Rollins to be Agriculture secretary, WSJ reports
A sign of United States Department of Agriculture is seen on USDA building in Washington D.C., United States on June 21, 2023. The United States Department of Agriculture has approved selling cell-cultured chicken. (Photo by Celal Gunes/Anadolu Agency via Getty Images) Celal Gunes | Anadolu Agency | Getty Images U.S. President-elect Donald Trump is expected […]
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Bitcoin vs. gold: State Street worries the crypto rally’s allure is distracting precious metal investors
The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays don’t offer the stability of gold. “Bitcoin, pure and simple, it’s a return play, and I think that people have been jumping […]
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Germany’s Merkel laments influence of big business on Trump
German Chancellor Angela Merkel, on February 14, 2020 in Berlin, Germany. Felix Zahn | Photothek via Getty Images Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over U.S. President-elect Donald Trump a “huge concern”. In an interview with the news magazine Der Spiegel published on Friday ahead […]
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Germany’s Merkel laments influence of big business on Trump
German Chancellor Angela Merkel, on February 14, 2020 in Berlin, Germany. Felix Zahn | Photothek via Getty Images Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over U.S. President-elect Donald Trump a “huge concern”. In an interview with the news magazine Der Spiegel published on Friday ahead […]
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Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024. Stefani Reynolds | Bloomberg | Getty Images President-elect Donald Trump signaled Friday his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary, in a move that puts a […]
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The case for altcoins and memes as bitcoin, now approaching $100,000, faces a potential correction
With bitcoin closing in slowly on $100,000 this week, the crypto market saw a big rotation into other cryptocurrencies, or “altcoins” on Thursday following the resignation announcement of Gary Gensler , the current chair of the Securities and Exchange Commission whose regulation-by-enforcement approach to crypto has made him a villain to the industry. There are […]
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Four big reasons to own gold into 2025
Gold is on track for its best week in more than a year, and UBS thinks the precious metal has even further to go. On Friday, spot gold rose about 1% amid increasing tensions between Russia and Ukraine . That helped drive gold’s week-to-date gain above 5%, on pace for the largest weekly percentage increase […]
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Trump might name Kevin Warsh as Treasury chief then Fed chair later, report says
Kevin Warsh Jin Lee | Bloomberg | Getty Images President-elect Donald Trump is considering naming Kevin Warsh as Treasury secretary then ultimately sending him off to serve as Federal Reserve chair, according to a Wall Street Journal report. A former Fed governor himself, Warsh would move over to the central bank after current Chair Jerome […]
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How Elon Musk’s plan to slash government agencies and regulation may benefit his empire
Elon Musk’s business empire is sprawling. It includes electric vehicle maker Tesla, social media company X, artificial intelligence startup xAI, computer interface company Neuralink, tunneling venture Boring Company and aerospace firm SpaceX. Some of his ventures already benefit tremendously from federal contracts. SpaceX has received more than $19 billion from contracts with the federal government, […]
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