Tagged: donald trump

Former SEC Chairman Jay Clayton Selected by President Trump to become the Director of National Intelligence

President Donald Trump has announced that Jay Clayton, the former Chairman of the Securities and Exchange Commission (SEC) and the current US Attorney for the SDNY, has been nominated to serve as Director of National Intelligence (DNI). SDNY is the most influential jurisdiction for financial services, as it… Read More

Executive Order on Artificial Intelligence Signed by President Trump: The United States continues to lead the world in AI

The White House has posted an Executive Order addressing artificial intelligence (AI) development. Signed by President Trump, the document declares that the United States continues to lead the world in AI. The EO states that the US policy is to support AI innovation and security… Read More

President Donald Trump Touts America as Crypto Capital of the World

President Donald Trump took to Truth Social tonight to declare the US is now the crypto capital of the world while criticizing the previous leadership of the Securities and Exchange Commission during the Biden Administration. Former SEC Chair Gary Gensler sought to undermine digital asset… Read More

President Trump Posts on Truth Social that CFTC Must Oversee Prediction Markets

President Donald Trump has posted on Truth Social that the Commodity Futures Trading Commission (CFTC) must maintain federal authority over prediction markets. In recent months, multiple states have challenged federal authority over platforms like Polymarket and Kalshi, arguing that federal oversight encroaches on state jurisdiction. The CFTC has gone so… Read More

White House Fact Sheet on Fintech Executive Order

As previously reported, the White House has signed an Executive Order seeking to remove regulatory barriers to Fintech innovation and new and improved financial services. The Trump administration has been mostly supportive of Fintech innovation in contrast to the previous administration, which sought to protect… Read More

Trump Signs Executive Order to Support Fintech Innovation in US

President Donald Trump signed an Executive Order yesterday that aims to reduce barriers to Fintech innovation, including digital assets. The White House has long been supportive of Fintech and has been vocal in backing the GENIUS Act and the CLARITY Act, which aim to update… Read More

President Trump Backs Bitcoin and Digital Assets Regulation at Mar-a-Lago Summit

US President Donald Trump voiced firm backing for upcoming digital assets oversight measures during an invitation-only assembly held at his Mar-a-Lago property in Palm Beach, Florida. The Saturday event assembled several hundred prominent investors, many of whom rank among the leading holders of the $TRUMP… Read More

President Trump Introduces National Artificial Intelligence (AI) Framework Aiming for Federal Oversight

Today, President Donald Trump introduced a “National AI Legislation Framework” as it aims to gain federal oversight of the development of artificial intelligence. Multiple states have already enacted rules to guide AI use and development, with some fearing a patchwork approach in which 50 states… Read More

President Trump Says the GENIUS Act is Being Threatened by Banks as Crypto Market Infrastructure Legislation Remains Stalled

President Donald Trump took to Truth Social yesterday to lambast legacy banks and their inability to compromise on crypto market infrastructure legislation. The CLARITY Act (or whatever it ends up being called) remains stalled in the Senate largely due to pushback from incumbent banks and… Read More

What will Trump say during the State of the Union address? Polymarket Let’s You Bet

The State of the Union will be delivered tonight by President Donald Trump. This is the first time Trump has addressed a joint session of Congress and the entire US. He is expected to provide an update on his Administration’s goals and defend his performance… Read More

Cato Questions President Trump’s Lawsuit Targeting JP Morgan for Debanking

Mr. Potter Banker Banking (1)

Debanking during the Biden Administration was a nefarious policy, if not criminal. Targeting individuals and entities for their political affiliations or disfavored businesses is obviously wrong. Some of the firms targeted were engaged in the digital asset sector,  a segment of Fintech the Biden adminstration… Read More

Prediction Markets Not Too Confident President Trump Will Acquire Greenland

President Donald Trump is rattling world markets once again as his quest to acquire Greenland, one way or another ratchets ups with declarations of added tariffs on various European countries. On Saturday, Trump stated that until a deal regarding Greenland was not reached, the following… Read More

Threats on Fed Independence Undermine Markets: deVere CEO Nigel Green

The independence of the Federal Reserve, the world’s largest economy’s central bank, is under attack and markets won’t stand for it, cautions deVere Group CEO Nigel Green. The warning comes as Chairman Jerome Powell says he is now under federal criminal investigation related to the… Read More

How Trump’s Fed Battle Affects Bitcoin

The latest confrontation between President Donald Trump and the US Federal Reserve is pushing investors toward assets insulated from political influence, with Bitcoin “a beneficiary”. This is the analysis from deVere Group CEO Nigel Green, as Fed Chair Jerome Powell confirms he is facing a federal criminal investigation linked… Read More

Capping Credit Card Interest Rates Would Reduce Credit Available to Less Affluent, Harm Individuals with Poor Credit Scores

President Donald Trump roiled the financial services sector this past week with his declaration that credit card interest rates would be capped at 10%. Of course, this would probably take an act of Congress and is unlikely, but the statement highlighted Trump’s lack of understanding… Read More

Trump Administration May Be Backing Away from Investigation of Fed Chair Jerome Powell

In one of the outlandish moves by the Trump Administration, it emerged this past weekend that the US Department of Justice was investigating Fed Chair Jerome Powell over cost overruns for renovations at the US Federal Reserve. Powell took to X to declare he would… Read More

A Full Blown Banana Republic. Trump Administration Slammed for Indictment of Fed Chair Jerome Powell

The independence of the US Federal Reserve is sacrosanct. Removing it from the vicissitudes of elected officials, many of whom do not have a clue about economics and finance, has been foundational to the stability of the US economy. The revelation that the US Department… Read More

Changpeng Zhao (CZ) Receives Pardon from President Trump

Zhao Changpeng

President Trump exercised his authority to grant clemency today, issuing a pardon to Binance founder and former CEO Changpeng “CZ” Zhao. The possibility of a pardon was rumored earlier this month. Via X, Binance issued the following statement: “Incredible news of CZ’s pardon today! Thank… Read More

US Congressman Nick Begich Supports Bitcoin Reserve Plan as Part of Diversification of National Balance Sheet

The US must seriously look into diversifying its national balance sheet and that should, ideally, include Bitcoin (BTC),  according to recent statements made by Representative Nick Begich, who is one of the US lawmakers interested in supporting a bill that may see the nation acquiring… Read More

Stocks Volatile After Powell’s Jackson Hole Misstep: Nigel Green

US stocks were volatile this week after President Donald Trump’s attempt to remove Federal Reserve Governor Lisa Cook from the central bank’s board of Governors, an unprecedented act that is intensifying fears about the erosion of the Fed’s independence. The ICE US Dollar Index shed… Read More

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