Joe Biden

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
Technology

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto

Avishek Das | Lightrocket | Getty Images After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin — […]

Read More
Trump crypto plans have Wall Street CEOs ready to jump into digital assets
Technology

Trump crypto plans have Wall Street CEOs ready to jump into digital assets

A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Just days into President Donald Trump’s second administration, Wall Street is singing […]

Read More
Trump signs executive order promoting crypto, paving way for digital asset stockpile
Technology

Trump signs executive order promoting crypto, paving way for digital asset stockpile

U.S. President Donald Trump holds a signed executive order on cryptocurrencies in the Oval Office of the White House in Washington on Jan. 23, 2025. Kevin Lamarque | Reuters President Donald Trump signed an executive order on Thursday to promote the advancement of cryptocurrencies in the U.S. and to work toward potentially developing a national […]

Read More
Trump executive order declassifies JFK, RFK, Martin Luther King Jr. assassination files
Politics

Trump executive order declassifies JFK, RFK, Martin Luther King Jr. assassination files

President Donald Trump signed an executive order at the White House on Thursday to declassify government records related to the assassinations of President John Kennedy, Sen. Robert F. Kennedy and the Rev. Martin Luther King Jr. Trump’s order could put an end to some long-standing questions surrounding the assassinations, all of which occurred more than […]

Read More
Supreme Court allows anti-money laundering law to take effect
Politics

Supreme Court allows anti-money laundering law to take effect

A woman carries a “SCOTUS v THE PEOPLE” sign in front of the U.S. Supreme Court in Washington on Monday, October 7, 2024.  Bill Clark | Cq-roll Call, Inc. | Getty Images The Supreme Court cleared the way on Thursday for the enforcement of an anti-money laundering federal law that requires corporate entities to disclose […]

Read More
President Donald Trump says he’ll ‘demand that interest rates drop immediately’
World

President Donald Trump says he’ll ‘demand that interest rates drop immediately’

President Donald Trump lobbed his first volley at the Federal Reserve, saying Thursday that he will apply pressure to bring down interest rates. Speaking via video to an assembly of global leaders at the World Economic Forum in Davos, Switzerland, the new president in a wide-ranging policy speech did not mention the Fed by name […]

Read More
Trump slams trade relationship with European Union: ‘We have some very big complaints’
World

Trump slams trade relationship with European Union: ‘We have some very big complaints’

U.S. President Donald Trump on Thursday continued to take aim at the European Union for what he claims is an unequal trade relationship. “From the standpoint of America, the EU treats us very, very unfairly, very badly,” Trump said in a virtual address to the World Economic Forum in Davos, Switzerland. After his inauguration on […]

Read More
Quad foreign ministers meet in Washington in signal of Trump’s China focus
Politics

Quad foreign ministers meet in Washington in signal of Trump’s China focus

US Secretary of State Marco Rubio (2R) stands alongside Indo-Pacific Quad ministers, L-R, Japanese Foreign Minister Iwaya Takeshi, Indian Foreign Minister Subrahmanyam Jaishankar and Australian Foreign Minister Penny Wong, during a photo opportunity before meetings at the State Department in Washington, DC, on January 21, 2025.  Andrew Caballero-reynolds | Afp | Getty Images The United […]

Read More
European stocks open mixed as Trump 2.0 kicks off; Energy firm Orsted drops 15% on U.S. impairment
World

European stocks open mixed as Trump 2.0 kicks off; Energy firm Orsted drops 15% on U.S. impairment

LONDON — European stocks opened in mixed territory on Tuesday, as traders reviewed the first executive orders that newly inaugurated U.S. President Donald Trump signed on Monday. The pan-European Stoxx 600 opened flat, while Germany’s DAX fell slightly after hitting a record high. While the FTSE 100 opened 0.05% higher, the Italy’s FTSE MIB and […]

Read More
Biden pardons his family in final minutes in office
World

Biden pardons his family in final minutes in office

James Biden and Valerie Biden Owens arrive at the federal court for Hunter Biden’s trial on criminal gun charges, in Wilmington, Delaware, U.S., June 10, 2024.  Hannah Beier | Reuters President Joe Biden on Monday issued preemptive pardons for three of his siblings and two of their spouses, citing concerns that they will be targeted […]

Read More