Podcasts about senate banking committee

As seen on Gutfeld!, President Trump announced plans to install a statue of Christopher Columbus on the White House grounds.  Meanwhile, Scott Bessent testified before the Senate Banking Committee, and Greg has all the fiery details you won't want to miss! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Speaking before the Senate Banking Committee on Thursday, US Treasury Secretary Scott Bessent explicitly stated that the US deliberately caused a financial crisis in Iran with the goal of fomenting civil unrest in the country. Reading by Tim Foley.

Treasury Secretary Scott Bessent will be on Capitol Hill again today for another grilling. He's scheduled to appear before the Senate Banking Committee. Yesterday, Bessent appeared before the House Financial Services Committee to talk about oversight of the U.S. financial system, where he sparred with Democrats. And later in the program, wages are making up a shrinking share of overall income. Also: discussions of Fed independence, inflation, and more.

Treasury Secretary Scott Bessent will be on Capitol Hill again today for another grilling. He's scheduled to appear before the Senate Banking Committee. Yesterday, Bessent appeared before the House Financial Services Committee to talk about oversight of the U.S. financial system, where he sparred with Democrats. And later in the program, wages are making up a shrinking share of overall income. Also: discussions of Fed independence, inflation, and more.

President Donald Trump at the annual National Prayer Breakfast talks about his chances of getting to heaven and announces an upcoming prayer gathering in May on the National Mall in Washington. He also touches on other issues like immigration enforcement; Congressional Democrats spell out their demands for reforming the Department of Homeland Security's immigration operations in exchange for supporting an extension of funding in a week. Congressional Republicans and the White House react; Treasury Secretary Scott  Bessent testifies before the Senate Banking Committee on affordability and Federal Reserve independence; Last major nuclear weapons control treaty between the U.S. and Russia, New START, expires today. President Trump calls it a 'badly negotiated deal' and calls for a 'new, improved & modernized treaty that can last long into the future'; House Speaker Emerita Nancy Pelosi (D-CA) warns of threats to the First Amendment in a speech at the Washington Press Club Foundation annual dinner; Vice President JD Vance lands in Italy to lead the U.S. delegation to the Winter Olympics; former Rep. Lee Hamilton (D-IN) has died at age 94. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Friday, President Donald Trump announced his nomination of former Federal Reserve Governor Kevin Warsh to be the next chair of the Federal Reserve, choosing him to succeed current Chairman Jerome Powell when Powell's term expires in May 2026. The nomination will now go to the Senate for confirmation, where Sen. Thom Tillis (R-NC) has vowed to block its advancement in the Senate Banking Committee until a Justice Department probe into Powell is resolved. Ad-free podcasts are here!To listen to this podcast ad-free, and to enjoy our subscriber only premium content, go to ReadTangle.com to sign up!You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today's “Have a nice day” story ⁠here⁠.You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Take the survey: What do you think of Warsh's nomination? Let us know.Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast was written by: Will Kaback and audio edited and mixed by Dewey Thomas. Music for the podcast was produced by Diet 75.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Lindsey Knuth, Bailey Saul, and Audrey Moorehead. Hosted on Acast. See acast.com/privacy for more information.

Thank you to our sponsor, Walrus! Walrus is where the world's data becomes reliable, valuable, and governable. Geopolitical tensions are rising. Crypto legislation is stalled. And pressure on the Federal Reserve is intensifying. So why are Bitcoin and the broader crypto market holding strong? In this episode of Bits + Bips: The Interview, Steve Ehrlich sits down with Zach Pandl, Director of Research at Grayscale Investments, to unpack what's been driving markets since 2026 began, from Washington's regulatory battles to global instability and the Fed's fight to maintain independence. They break down where U.S. crypto policy stands, why Wall Street isn't waiting for Congress, and how macro forces like inflation, debt, and geopolitics are shaping crypto's next move. Hosts: Steven Ehrlich Guests: Zach Pandl, Head of Research at Grayscale Links: Robinhood CEO warns Congress delay is hurting Americans - TheStreet Crypto: Bitcoin and cryptocurrency news, advice, analysis and more Senate Banking Committee postpones vote on crypto market structure legislation amid industry pushback Crypto bill delay 'may ultimately be constructive' for final product, Benchmark says Trump attacks on Jerome Powell testing Fed's independence Why the Federal Reserve has historically been independent of the White House Learn more about your ad choices. Visit megaphone.fm/adchoices

The Senate is headed into recess with no Obamacare deal in sight, raising doubts about reviving the enhanced subsidies. Jake breaks down why a deal is growing out of reach.  Plus, Democrats are revolting against a DHS funding bill amid ICE backlash. And the latest on the bipartisan crypto push in the Senate Banking Committee. Watch this episode on YouTube here! Punchbowl News is on YouTube Subscribe⁠⁠⁠⁠ to our channel today to see all the new ways ⁠we're investing in video.⁠⁠⁠⁠ Want more in-depth daily coverage from Congress?⁠⁠⁠ ⁠Subscribe⁠⁠⁠⁠ to our free Punchbowl News AM newsletter at punchbowl.news.⁠⁠⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

The latest episode of Crypto Town Hall dives into the dramatic postponement of the Senate Banking Committee's markup on the Clarity Act following Coinbase CEO Brian Armstrong's public withdrawal of support. Panelists, including Scott Melker and guests like Carlo and Tom, unpack key controversies: recent amendments imposing a de facto ban on tokenized equities, restrictions on DeFi and privacy, erosion of CFTC authority, and a banking lobby push to block stablecoin yield/rewards to protect deposits. While some view Coinbase's influence as a bullish sign of crypto's growing DC power, others see it as evidence of entrenched banking interests stalling innovation. The group debates the bill's near-term viability (likely dead or heavily scaled back before midterms), its broader implications for tokenization and competition with traditional finance, and why Bitcoin's recent rally appears resilient despite the regulatory setback.

Crypto regulation hits another roadblock as the Senate Banking Committee delays the CLARITY Act markup, following industry pushback and intensifying political friction around stablecoin rewards, jurisdiction, and consumer protections. In today's show we break down why the delay happened, who's applying pressure behind the scenes, and what this pause means for Bitcoin, crypto markets, and near-term U.S. regulatory clarity as Washington once again struggles to move the industry's biggest bill forward.

The Senate Banking Committee on Thursday delayed its scheduled markup hearing for the Clarity Act, after Brian Armstrong, CEO of the crypto exchange Coinbase, voiced opposition. Meanwhile, Bank stocks crashed slightly after a bullish earnings week.~This episode is sponsored by Uphold~Uphold Get $20 in Bitcoin - Signup & Verify and trade at least $100 of any crypto within your first 30 days ➜ https://bit.ly/pbnuphold00:00 intro00:03 Sponsor: Uphold00:27 Brian Armstrong Stops CLARITY Act00:57 DeFi Fights Back01:20 Elizabeth Warren Amendments01:30 CNBC Blames Coinbase01:59 Banks Need Help?02:50 Bank Stocks Crash03:19 Smart Money Exits Banks03:37 Bank of America Earnings Call04:55 Banks terrified05:15 Senator struggles to defend Banks06:00 Competition?06:27 Aaron Sorkin says Coinbase is too powerful06:42 Lobby vs People Power07:41 Ripple, Robinhood, Kraken didn't read?08:50 Coinbase explains bill problems09:33 Freedom of Speech10:02 Cynthia Lummis disappointed?10:21 Bitwise Flip-Flops10:50 Who Are These Idiots?11:20 StandWithCrypto Campaign worked12:15 Call Your Congressman!!12:52 What Happens Next?13:44 Polymarket Odds Crash14:25 outro#Crypto #XRP #Bitcoin~Coinbase Crashes BANKS!!

Bank executives were caught off guard after President Donald Trump said suggested American credit card companies face a 10% cap on the interest rates they can charge. Senate Banking Committee ranking member Senator Elizabeth Warren discusses her conversation with the president, the mechanics of a rate cap and the broader affordability crunch facing consumers. Then, as 2026 is still fresh, many Americans are already struggling with New Year's resolutions and the pursuit of happiness. Arthur Brooks, Harvard professor and Free Press columnist, shares his own resolutions and explains what research says about finding meaning and happiness in the year ahead. Plus, President Trump weighs in on Iran, and Netflix is reportedly considering an all-cash bid for Warner Brothers. Sen. Elizabeth Warren - 15:27Arthur Brooks - 28:55 In this episode:Arthur Brooks, @arthurbrooks Sen. Elizabeth Warren, @SenWarrenBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On today's podcast:1) President Trump dismissed Jamie Dimon’s criticism over the Justice Department probe into the Federal Reserve, saying the JPMorgan Chase & Co. chief executive officer was “wrong” to suggest he was undermining the independence of the central bank. Earlier Tuesday, Dimon expressed concern about the investigation into Fed Chair Jerome Powell over the cost of the central bank’s headquarters renovation and his subsequent congressional testimony about the project. Trump said he would press ahead with plans to announce Powell’s replacement within “the next few weeks” despite the backlash to the probe, which has drawn criticism from Republican lawmakers — including a threat by Senator Thom Tillis, a retiring North Carolina Republican and swing vote on the Senate Banking Committee. Tillis has said he would block new nominations to the Fed until the matter is resolved.2) More than 2,500 people have been killed in Iranian protests that have swept the nation, activist groups said, as Tehran continued its crackdown despite President Trump’s threat of action over mounting fatalities. The US-based Human Rights Activists News Agency reported 2,571 deaths as of Wednesday, up from about 500 at the start of the week and amid speculation the actual toll could be dramatically higher. On Tuesday, Trump urged Iranians to continue protests against the regime of Supreme Leader Ayatollah Ali Khamenei.3) Top diplomats from Greenland and Denmark are gearing up for the test of a lifetime as they work to persuade the Trump administration to back off on its demands for the Arctic territory that threaten to break up the NATO defense alliance. Danish Foreign Minister Lars Lokke Rasmussen and his counterpart from Nuuk, Vivian Motzfeldt, will face US Vice President JD Vance and Secretary of State Marco Rubio at the White House on Wednesday, just hours after the island’s prime minister said that if made to choose, Greenland would opt for Denmark.See omnystudio.com/listener for privacy information.

This episode is presented by Create A Video – The US Department of Justice subpoenaed the Federal Reserve as part of an investigation into testimony given by Fed Chief Jerome Powell to the Senate Banking Committee last summer about the cost overruns on a massive renovation project. Subscribe to the podcast at: https://ThePetePod.com/ All the links to Pete's Prep are free: https://patreon.com/petekalinershow Media Bias Check: GroundNews promo code! Advertising and Booking inquiries: Pete@ThePeteKalinerShow.com Get exclusive content here!: https://thepetekalinershow.com/See omnystudio.com/listener for privacy information.

The Senate Banking Committee just dropped updated market-structure language that would allow certain stablecoin rewards, setting up a major flashpoint ahead of markup and potentially reshaping how platforms can incentivize stablecoin use. At the same time, the market rotated hard into the privacy trade with Monero ripping into the top 15 and printing fresh all-time highs as headlines around privacy-token restrictions (including the UAE ban narrative) reignited demand for censorship-resistant assets.

On today's podcast:1) President Trump faced rare opposition from key Republican lawmakers after Federal Reserve Chair Jerome Powell accused the Department of Justice of launching a grand jury investigation to pressure and intimidate the central bank. Senator Thom Tillis, a key Republican on the Banking Committee who isn’t running for reelection, vowed quickly Sunday night to oppose any Trump nominees to the Fed until the matter is resolved. Other Republican senators, including former Bridgewater Associates CEO Dave McCormick, offered more measured pushback on Monday. Tillis’s threat is a potential roadblock to Trump’s plans to bend the bank to his will. Opposition from Tillis would likely deadlock any Fed nominee on the Senate Banking Committee, which is divided 13-11 between the two parties. And under current Senate rules, it takes 60 votes to successfully discharge a contentious nomination from a committee and Democratic senators are highly unlikely to come to Trump’s aid.2) Minnesota officials are suing over the “unprecedented surge” of US immigration authorities in the state, taking the Trump administration to court days after a federal agent shot and killed a Minneapolis woman. In a lawsuit filed Monday, the state accused the Department of Homeland Security and Secretary Kristi Noem of deploying thousands of officers in Minneapolis and Saint Paul out of a “desire to punish political opponents and score partisan points.” The state is arguing that the deployment unconstitutionally violates its sovereignty and is retaliation against its Democratic-elected leadership. Minnesota officials allege the administration’s policies — such as having officers wear masks — violate state laws and that agents are illegally using excessive force and making warrantless arrests of people they suspect aren’t authorized to be in the US.3) President Trump said he is imposing a 25% tariff on goods from countries “doing business” with Iran, ratcheting up pressure on the government in Tehran that has been rocked by widespread protests. Trump posted on social media on Monday that the new duty would be “effective immediately,” without providing details about the scope or implementation of the charges. The action has the potential to disrupt major US trading relationships across the globe. Iran’s partners include not only neighboring states, but large economies including India, Turkey and China.See omnystudio.com/listener for privacy information.

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThe EU economy is imploding, Germany the power manufacturing company is falling apart and now companies are moving to Hungary. Trump built the tariff system to compete the [CB]. Trump has now started the narrative of why the Fed should not be controlling the US economy. DOJ has begun a criminal investigation, soon the Fed will be restructured into the Treasury. The [DS] is panicking, they are losing the chess match and they have no more move except one. Trump has now set the stage and the [DS] will follow the path to their destruction. The money supply is in the process of being shutdown, the [DS] is struggling, the countries they controlled are struggling. Soon Trump will have all the leverage and the enemy will be at it’s weakest point. Game Over. Economy (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/WallStreetMav/status/2010625048856424506?s=20   countries. In the year 2023, Germany lost 123,000 manufacturing jobs. The trend has continued in 2024 and 2025. Lousy energy policy has consequences. https://twitter.com/RealPNavarro/status/2010480063091720266?s=20 https://twitter.com/RealPNavarro/status/2010480094662332678?s=20   factory jobs appear. https://twitter.com/Rasmussen_Poll/status/2010701202971935191?s=20 JUST IN: RINO Tillis Threatens to Block Fed Nominations Over Powell Criminal Investigation Federal investigators opened a criminal investigation into Fed Chairman Jerome Powell. Powell is under fire for the cost of renovating the Fed's DC headquarters. The cost ballooned from $1.9 billion to $2.5 billion. RINO Senator Thom Tillis is threatening to block any future Fed nominations over the Justice Department's federal criminal investigation into Fed Chair Jerome Powell. Source: thegatewaypundit.com FED Chairman Jerome Powell Attempts to Evade Legal Accountability by Hiding Behind His Office Regardless of how you feel about the Federal Reserve Board, I think we would all agree the construct of an autonomous central bank is outside the boundaries of our constitutional framework.  Factually, the Sea Island financial group set up the Federal Reserve as a system of control over the U.S. economy that was completely unnecessary.  . Last year facing ridiculous cost overruns, congress questioned Powell over the insane spending proposal by Powell for a new office building.  Chairman Powell characterized the construction changes that escalated the cost of the project from $1.9 billion to $2.5 billion as ‘minor modifications.'  That's $2.5 billions of taxpayer money. .[Transcript] – “Good evening. On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to my testimony before the Senate Banking Committee last June. That testimony concerned in part a multi-year project to renovate historic Federal Reserve office buildings. I have deep respect for the rule of law and for accountability in our democracy. No one—certainly not the chair of the Federal Reserve—is above the law. But this unprecedented action should be seen in the broader context of the administration's threats and ongoing pressure. This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. It is not about Congress's oversight role; the Fed through testimony and other public disclosures made every effort to keep Congress informed about the renovation project. Those are pretexts. The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President. This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions—or whether instead monetary policy will be directed by political pressure or intimidation. I have served at the Federal Reserve under four administrations, Republicans and Democrats alike. In every case, I have carried out my duties without political fear or favor, focused solely on our mandate of price stability and maximum employment. Public service sometimes requires standing firm in the face of threats. I will continue to do the job the Senate confirmed me to do, with integrity and a commitment to serving the American people. Thank you.” Source:theconservativetreehouse.com Powell says criminal investigation by Trump's Justice Department threatens Fed's independence https://twitter.com/unseen1_unseen/status/2010547216906125721?s=20 https://twitter.com/jeffreytucker/status/2010520328389173522?s=20  would love to have been a fly on that wall, just listening in. Jerome caved. Now he is whining like a man-child that his supposed independence is being compromised by a threatened criminal indictment over a profligate building project. Historians will have a hard time making sense of this hilarity, including the faux-serious pose in this histrionic statement of pretend integrity. There is no place in a democracy for a secretive and all-controlling central bank. These conspirators are toast, if not now or tomorrow, then eventually. A peoples’ government needs a peoples’ money that people can own and control, and a banking system that is based on market competition, not a cartel of big shots. Sorry, Jerome, you showed your cards five years ago, revealing exactly who and what you serve, and that is not the American people. These are the end times for the Federal Reserve. https://twitter.com/julie_kelly2/status/2010771831658107044?s=20 https://twitter.com/julie_kelly2/status/2010761420082917557?s=20 Silver and Gold Hit New Highs on Fed Probe and Heightened Geopolitical Tensions   Gold and silver prices are climbing in response to concerns around geopolitical issues and policy independence at the Federal Reserve. Source: barrons.com    of Dollars! It would be a complete mess, and almost impossible for our Country to pay. Anybody who says that it can be quickly and easily done would be making a false, inaccurate, or totally misunderstood answer to this very large and complex question. It may not be possible but, if it were, it would be Dollars that would be so large that it would take many years to figure out what number we are talking about and even, who, when, and where, to pay. Remember, when America shines brightly, the World shines brightly. In other words, if the Supreme Court rules against the United States of America on this National Security bonanza, WE'RE SCREWED! PRESIDENT DONALD J. TRUMP Political/Rights  WBD is not just another studio. It is the home of HBO, DC Comics, the Harry Potter films, Game of Thrones, and one of the most important film archives in the world. Netflix itself boasts that the acquisition would combine Warner's “iconic franchises and storied libraries” with the world's largest streaming platform. If Netflix absorbs these assets, it will not just be the biggest streaming service. It will become the most dominant cultural gatekeeper the United States — and much of the world — has ever seen. Yet despite the obvious risks, WBD's leadership is pushing forward even though Paramount Skydance has launched an all-cash tender offer of $30 per share for the entire company — a bid that implies significantly higher value for shareholders than Netflix's offer.  At the same time, merging WBD's vast film and television library into Netflix would weaken competition in both streaming and content markets and concentrate cultural power in ways fundamentally at odds with the diversity of voices a free nation needs to survive. On these grounds alone, this merger should be stopped. Handing this machine control over Warner's franchises and future output would allow one company to rewrite characters, retell history, redefine social norms, and control which ideas reach audiences. Majority Of North Carolina Trucking Licenses Issued To Foreigners Are Illegal: Duffy A review of non-domiciled commercial driver's licenses (CDLs) granted in North Carolina found that 54 percent were issued illegally, the Department of Transportation (DOT) said in a statement on Jan. 8. The review was conducted by the Federal Motor Carrier Safety Administration (FMCSA) and is part of its ongoing nationwide audit of trucking licensing systems, the department said. DOT warned that if North Carolina does not “fix their serious failures” and revoke licenses issued illegally to foreign nationals, the department will withhold almost $50 million in federal funding. Source: zerohedge.com DOT Strips California Of $160 Million Over Foreign Truckers A showdown between the U.S. Department of Transportation and the State of California reached a breaking point on Wednesday after Transportation Secretary Sean Duffy announced the Federal Motor Carrier Safety Administration will withhold approximately $160 million in safety program money from the state. The move follows California's failure to meet a January 5 deadline to cancel more than 17,000 commercial truck driver's licenses that Duffy asserts were unlawfully issued by the state to foreign truckers. The California Department of Motor Vehicles announced in late December that it would delay the cancellation until March 6, but FMCSA did not agree to the extension. The $160 million penalty marks the first year of potential sanctions. Under federal law, if California continues to defy the FMCSA's Final Determination, the amount withheld could double in the second year. Source: zerohedge.com DOGE Yes, Dina Powell McCormick worked in the Trump administration. She served as the United States Deputy National Security Advisor for Strategy from 2017 to 2018 . She also held the role of Senior Advisor to the President for Entrepreneurship, Economic Growth, and the Empowerment of Women starting in January 2017 . For context, the Truth Social post you linked is Trump congratulating her on her new role as President and Vice Chairman of Meta (announced today, January 12, 2026)  1104 Q !xowAT4Z3VQ ID: 28003e No.967331 Apr 9 2018 12:09:25 (EST) Anonymous ID: db2d29 No.967224 Apr 9 2018 12:02:45 (EST) >>967123 YOU are being TRACKED. NO FB account required. WTF? Is it embedded in Android OS? This is BIGGER than you think. Agencies attached. Q >>967224 Think ‘Bridge’. GOOG. FB. TWITTER. IG. ‘Central’ algorithm. The stage had to be set. Q Geopolitical  U.K Asks Germany and France, EU NATO, to Support Expanded Presence in Greenland  President Trump wins again. Seriously folks, you would think that after all this time the Europeans would finally understand how President Trump manipulates the media cycle and gets them to do exactly what he wants – while they and the majority of their constituents think it's exactly the opposite.  This stuff is just too funny now. According to European media outlets, British Prime Minister Keir Starmer is in discussions with Germany and France to send a NATO alliance to Greenland to establish a stronger NATO military footprint. {LINK} The media present this, hilariously, as if European NATO is going to defend Greenland against President Trump and the USA military. {{INSERT SEVERAL LAUGHING EMOJIS HERE}} I mean, think about it rationally. The U.K, France and Germany are unwilling to send troops into Ukraine without the protection of the U.S. military.  But somehow, for some reason, the U.K, France and Germany are going to send troops to Greenland to defend against the U.S. military. The narrative sounds silly when put into context, right? So, President Trump starts talking about the U.S. taking aggressive unilateral action to secure Greenland as a strategic national security matter.  Suddenly, ‘Voila!' European NATO, under the auspices of defending their Denmark democracy, wakes up and says, ‘No, wait, you can't just take Greenland, that's bad.'  Then they assemble urgent talks to send EU NATO military resources to Greenland.  Exactly what President Trump has been requesting to formerly deaf ears. See how that works?  Source: theconservativetreehouse.com https://twitter.com/thestinkeye/status/2010481974985560110?s=20  notes… JSOC   Step 4: seize narrative and news cycles for a week or two while all the large accounts get their marching orders and post the same stuff over and over. The EU threatens to mobilize to “protect Greenland” and quietly discovers they cannot project meaningful power outside their continent without the US. Step 5: DJT walks back the outrageous solution (invasion) to the somewhat radical solution (purchase). The big accounts feel like they matter, the little accounts feel like the have been heard. DJT gets what he wanted all along, and Denmark gets a pile of money to fritter away buying votes with socialist BS. https://twitter.com/amuse/status/2010567080802738660?s=20 https://twitter.com/MarioNawfal/status/2010739799477354900?s=20 systemic instability. https://twitter.com/sentdefender/status/2010605925342597449?s=20   Guard Corps (IRGC). https://twitter.com/RapidResponse47/status/2010532329303965733?s=20  Venezuela’s leader was a fugitive from US law enforcement and not a legitimate head of state, according to 60 different countries. He was apprehended, and Venezuela’s remaining leaders were asked to cooperate with US expectations. Greenland is likely to negotiate a compact of free association with the US and receive financial assistance, while maintaining self-governance, in exchange for military protection. Cuba is in rapid decline due to a loss of support from Venezuela (and other factors). China and Russia could offer assistance, but at considerable risk. Trump can wait and watch Cuba self-destruct, then come in and offer assistance to the Cuban people if and when they ask. Iran is in a similar situation to Cuba: a nation in rapid decline, with massive risk for Trump if he intervenes too quickly. The likely play there is to wait for the Ayatollah to flee. There would be no finger-pointing about “regime change” if the Islamic regime collapses on its own. Then, the US could offer assistance as an interim government is established. War/Peace https://twitter.com/WallStreetMav/status/2010435240079319153?s=20  specifically exclude any NATO troops from ever being put into Ukraine. All of these steps are designed to specifically undermine President Trump’s efforts at peace between Ukraine and Russia. The warmongers in Europe are determined to keep the war going as long as possible. They need to distract their voters with enemies so they don’t realize how Europe is collapsing economically and culturally. The European “leaders” desperately need enemies like Trump and Putin in order to point the finger and cast blame while things get worse in their own countries. Blame external forces, not their own policies. North Korean Hackers Using QR Codes to Steal Sensitive Information: FBI  North Korean state-sponsored cyber threat group Kimsuky is targeting American entities via a QR code scheme that can compromise sensitive information, the FBI said in a Jan. 8 alert. “As of 2025, Kimsuky actors have targeted think tanks, academic institutions, and both U.S. and foreign government entities with embedded malicious Quick Response (QR) codes in spearphishing campaigns,” the FBI stated. “This type of spearphishing attack is referred to as Quishing.” “Quishing (QR Code Phishing) is a phishing technique in which adversaries embed malicious URLs inside QR codes to force victims to pivot from their corporate endpoint to a mobile device, bypassing traditional email security controls.” In quishing campaigns, threat actors send QR images to targets as email attachments or embedded graphics, which typically evade URL inspection mechanisms. When targets scan the QR code, they are routed via redirectors to webpages that harvest their credentials. Such webpages impersonate Microsoft 365, Okta, or VPN portals. These operations typically end with hackers bypassing multifactor authentication (MFA) and hijacking cloud identities without triggering the usual “MFA failed” alerts. They can then establish persistence in the organizations' networks and use the compromised mailboxes to carry out further hacking operations, the agency warned. The FBI recommended that organizations adopt a multilayered security strategy to tackle the unique risks posed by QR hacking schemes. Source:  americafirstreport.com  https://twitter.com/disclosetv/status/2010464207192371542?s=20 Medical/False Flags Cancer Drugs Drive Nearly One-Fifth Of Pharma Sales  The global pharmaceutical industry’s revenue is increasingly concentrated in a handful of high-value drug classes, with oncology, diabetes/obesity treatments and immunology leading the charge. As Statista’s Tristan Gaudiat details below, according to estimates from Statista Market Insights, cancer drugs alone generated over $217 billion last year, making oncology the largest therapeutic segment, driving nearly one-fifth (18 percent) of all pharmaceutical sales. You will find more infographics at Statista Antidiabetic medicines rank second, with estimated sales of over $85 billion in 2025, contributing 7 percent to global market revenues. Source: zerohedge.com   then Premiums will FALL, by 50% or more, for most people. I want to go back to the three year window where you can get in there for ObamaCare where you won't pay as much. Don't expand ObamaCare. Congress must make Trump Rules permanent. These were President Trump's 2018 Short Term Plans Rule that President Obama terminated. All Congress has to do is say, ‘Look, the Short Term Plans can last up to 36 months, your Insurer can sell you a Renewal Guarantee so it can last even beyond that period, and you will get lower priced Insurance, better Insurance, Longer Term Insurance and, it doesn't cost Taxpayers a dime or, it won't destabilize ObamaCare.' Much simpler than what President Trump's advisers are selling him, much better to assuage the fears of nervous Democrats, because we had these Rules in place for six years, and ObamaCare did not crater. Subsidies will not solve this problem. Government should be capping what it spends on Healthcare at ZERO. Send them a check. No need for subsidies. Congress has to get out of the way of Private Insurance Companies. Give the money to the Consumers to buy directly from the Health Insurance Companies.” [DS] Agenda https://twitter.com/ElectionWiz/status/2010347486783693056?s=20 https://twitter.com/WarClandestine/status/2010445777676673233?s=20 https://twitter.com/RealAbs1776/status/2010549397969350845?s=20 https://twitter.com/amuse/status/2010554642107675018?s=20 https://twitter.com/DHSgov/status/2010362097562013779?s=20 https://twitter.com/RapidResponse47/status/2010540542220726775?s=20 https://twitter.com/disclosetv/status/2010537739767238962?s=20 https://twitter.com/TheStormRedux/status/2010374476819472477?s=20   dozens and dozens of those individuals to justice already. We're gonna keep hundreds of HSI officers there to continue to protect those children. Every day we get another individual that was sexual assault against a child. Sodomy against a child. I can't believe that the mayor and governor can defend allowing those people to go out there and victimize more of our children and grandchildren.” Infuriating. When see you see these dumbass leftists protesting in the streets, just know that they are out there protecting pedophiles. At this point, how can anyone claim that the Democrats are the “good guys”? https://twitter.com/AGPamBondi/status/2010755631972577560?s=20   rammed a Border Patrol vehicle, threatening the lives of federal law enforcement officers. He should NEVER have been in our country to begin with, and we will ensure he NEVER walks free in America again. President Trump's Plan https://twitter.com/amuse/status/2010487811732840449?s=20  A federal grand jury voted to indict the former FBI Director on two felony counts — and then three federal judges unraveled that indictment through conjecture, media narratives, personalized attacks on the United States Attorney, and procedural anomalies that have no precedent in federal criminal practice. https://twitter.com/RealSLokhova/status/2010247488826175976?s=20 https://twitter.com/realJeremyCarl/status/2010710384769151325?s=20 (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");

Federal Reserve Chairman Jerome Powell said the U.S. central bank was served with grand jury subpoenas by the Department of Justice on Jan. 9. Powell confirmed in a statement on Jan. 11 that officials threatened a criminal indictment over his Senate Banking Committee testimony in June 2025. Powell noted the testimony “concerned, in part, a multi-year project to renovate historic Federal Reserve office buildings.” The central bank chief dismissed the idea that this criminal probe was driven by his testimony or the renovation, saying it's connected to his position on interest rates.President Donald Trump said on Sunday that Iran's leadership has contacted his administration to seek negotiations after he warned of possible military action in the wake of mass protests in Iran. Trump told reporters aboard Air Force One that Iranian leaders had reached out to U.S. officials and that a meeting between the two sides was being set up.

We know this is a little early to call, but this will be the most important episode of the year. So if you listen to nothing else, listen to this one. Shocking news came out late Sunday night. This has literally never happened since the existence of the Federal Reserve. The Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee last June. In this episode we discuss the historical impact of this move and the impact it may have. We also reveal something that had JP completely shook. You can't make this up folks, 2026 is off to an unprecedented start.  Link to Jerome Powell's statement  And we will touch on this again, but we mentioned the LoanBoss redesigned website and completely rebuilt software.  So if you want to check it out - here you go. 

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment. The subpoenas relate to Powell's testimony before the Senate Banking Committee in June, the Fed chair said, regarding the Fed's $2.5 billion renovation of two office buildings, a project that Trump has criticized as excessive.  Royal takes a look. 

Congress is pushing for a Senate Banking Committee markup of the bill as early as next Thursday, Jan. 15. While the debate over DeFi is largely ideological and technical, the fight over stablecoin yield has turned into a raw battle over banking revenue.Guest: Amanda Tuminelli | Executive Director of DeFi Education FundDeFi Education Fund website➜ https://www.defieducationfund.org/00:00 Intro00:10 Sponsor BTCC00:40 What we expect from Market Structure bill?01:30 CLARITY Act status: What's taking so long?02:15 What compromises are being made? (KYC or Self-Custody?)03:40 Can it pass Q1 this year?04:40 Are Banks going to ban stablecoin yields?06:30 Lobbyists are representing the people vs corporations and VC's?07:45 What did Citadel get wrong?09:50 Who else is representing the crypto consumer?11:10 Mass burn event of tokens and XRP?12:30 Will Trump be forced to burn $TRUMP as a concession?13:10 Would Trump even sign the bill?14:10 Will “accredited investor” rules be next?14:50 Could we see Tax Relief? deminimis tax exemption?15:50 Could Gary Gensler return?16:45 Foreign crypto regulation vs U.S.17:40 Social media the next regulatory frontier?18:45 DeFi red line in the sand?20:00 Outro#Crypto #XRP #ethereum ~CLARITY Act vs DeFi

Greg Xethalis, General Counsel at Multicoin Capital joins the podcast to discuss the history of ETFs, what we can learn from the first Bitcoin ETF, and the interplay between the CLARITY Act and RFIA.This episode also covers the challenges of disclosure in decentralized systems, and why principles-based regulation is essential for the next phase of crypto innovation.Timestamps➡️ 1:27 — The origin story of ETFs➡️ 3:00 — SEC dynamics behind the first ETF➡️ 7:45 — The first Bitcoin ETF ➡️ 15:34 — Market structure: CLARITY Act + RFIA as complementary frameworks➡️ 20:52 — Disclosure: a challenge in crypto regulation➡️ 33:34 — Who should be responsible for token disclosures long-term?Sponsor: This episode is brought to you by the Decentralization Research Center (DRC), a nonprofit think tank advocating for decentralization in emerging technologies. Learn more at thedrcenter.org.Resources:

Dear Bank Treasury Subscribers, Deposit insurance reform is back in the news. You must have heard about it. The Senate Banking Committee held a hearing on it this month, and judging by the comments from the committee members, they could not have chosen a better bipartisan topic to take up and do some legislating like they get paid to do.Subscribe to The Bank Treasury Newsletter and Podcast at thebanktreasurynewsletter.com for professional Insights and commentary on bank treasury issues, investment portfolio strategy, and more. Listen on Apple Podcasts,Spotify, and Amazon. Follow us on LinkedIn.

S&P Futures are trading lower this morning as markets digests yesterday's strong move. The focus is on the upcoming Fed meeting as the latest inflation and job readings firmed up rate cut expectations. The White House filed an appeal in an attempt to block Fed Gov Cook from voting at next week's FOMC meeting. The Senate Banking Committee recently approved Stephen Miran for Govenor at the Fed, a full vote is scheduled for Monday. Tres Sec Bessent will be meeting with Chinese officials in Madrid this weekend. President Trump will be in the U.K next week. MSFT is higher as EU regulators accepts the firm's commitment to address their concerns over Teams. They also announced a deal to extend their partnership with Open AI. On the earning front, ADBE delivered a beat while RH missed. Earnings highlights for next week include PLAY, GIS, SCS, FDX, LEN, DRI, & CBRL.

President Donald Trump urged EU officials on Tuesday to hit China with tariffs of up to 100 percent as part of a strategy to pressure Russian President Vladimir Putin, a source familiar with the matter told The Epoch Times.Stephen Miran, a top White House economic adviser, cleared a Senate hurdle on Wednesday that moves him closer to becoming a Federal Reserve governor. Members of the Senate Banking Committee voted 13–11 in a party-line vote to send Miran's nomination to the full Senate for consideration.Poland shot down Russian drones in its airspace on Wednesday with the backing of military aircraft from its NATO allies. It's the first time a member of the Western military alliance is known to have fired shots during Russia's war in Ukraine. Polish Prime Minister Donald Tusk called the drone incursion a large-scale provocation. British Prime Minister Keir Starmer on Wednesday condemned Russia's violation of Polish airspace.

Recent reports that the Senate Banking Committee has a new draft of digital asset market structure legislation ahead of a potential markup this month is just the latest sign of Washington's bipartisan momentum to make the United States the “crypto capital of the world,” as President Trump pledged during the campaign. This progress builds on a wave of landmark executive orders and regulatory policy changes that are unleashing decentralized finance. Two members of Brownstein's financial services team discuss the risks and opportunities facing industry leaders amidst this fast-evolving crypto policy landscape. Matt Grinney served as a senior advisor in the first Trump administration, and Rob Robillard is a capital markets strategist who worked for one of Congress's most outspoken crypto skeptics, Rep. Brad Sherman of California.

A big morning in Washington with 2 blockbuster hearings kicking off this hour: Stephen Miran in the hot seat before the Senate Banking Committee for his confirmation hearing to be Federal Reserve Governor, while Health Secretary Robert F. Kennedy Jr. took questions from the Senate Finance Committee on the President's 2026 health agenda… Carl Quintanilla and Sara Eisen broke down the latest headlines as they happened along with the key data of the morning (Jobless claims/ADP) and biggest earnings movers (namely Salesforce).  Also in focus: the view from C-Suite from retail and energy… Hear how the consumer's holding up with the CEO of Best Buy, along with what's next in the energy patch according to the CEO of Baker Hughes. Squawk on the Street Disclaimer

Health & Human Services Secretary Robert F. Kennedy, Jr. defends his vaccine policy changes and firing of top officials at the Centers for Disease Control & Prevention, before the Senate Finance Committee. Almost all the committee's Democrats are calling on him to resign. Secretary Kennedy is also asked about studies on the causes of autism, and about his comments following the school shooting in Minneapolis on side effects of antidepressants; Federal Reserve Governor nominee Stephen Miran tells the Senate Banking Committee he is committed to the independence of the Fed, as he gets questions about any plans to return to his current job at the White House when his term ends in January; Director of U.S. Citizenship & Immigration Services talks about bringing in armed law enforcement to the agency and making the U.S. citizenship test tougher; Missouri's legislature takes up a Congressional redistricting map to flip a Democratic seat to Republicans, part of a nationwide effort led by the White House in red states, being countered by Democrats in blue states; First Lady Melania Trump hosts a meeting of the White House Task Force on AI Education at the White House with the leaders of large technology companies including Google, Meta & Apple. Learn more about your ad choices. Visit megaphone.fm/adchoices

S&P Futures are slightly higher this morning with economic and earnings data in focus. There are two employment reports due out this morning and the Non-Farms payrolls report is due tomorrow. President Trump will be hosting a dinner tonight that will be addended by a host of tech CEO's (MSFT, GOOG, META, ORCL, MU and others). Late yesterday, the Trump admin requested ab expedited ruling from the Supreme Court on the Trump Tariffs. President Trump is appealing Friday's tariff ruling to the Supreme Court and requesting an expedited ruling. The Senate Banking Committee is scheduled to begin hearing for the new Federal Reserve Governor nominee, Stephen Miran, today.  Health Secretary Robert F. Kennedy Jr. is scheduled to testify before the Senate Finance Committee at 10:00 am. On the earning front HPE & AEO are higher after earnings releases. CRM beat, but lower due to cautious guidance. After the bell today ACGO, CPRT, LULU IOT & DOCU are schedule to release.

On today's podcast: 1) President Trump asks the Supreme Court to uphold his global tariff regime. A defeat for Trump would cut the current average US effective tariff rate by at least half and could force the US to refund tens of billions of dollars, according to Bloomberg Economics analyst Chris Kennedy.2) A major court victory for Harvard University in its fight for federal research funds. A court ruled that the US illegally froze more than $2 billion in research funding to Harvard University, violating the school's free speech rights and not following proper procedures. The Trump administration plans to appeal the decision, with a White House spokeswoman calling it "egregious" and stating that Harvard "does not have a constitutional right to taxpayer dollars and remains ineligible for grants in the future."3) President Trump's bid to reshape the Fed goes before a Senate confirmation hearing today. The Senate Banking Committee is holding a confirmation hearing on Stephen Miran's appointment to be a governor of the Federal Reserve, a nomination made by President Donald Trump. Miran has said he will preserve the Fed's independence, stating that "independence of monetary policy is a critical element for its success" and that he intends to "preserve that independence and serve the American people to the best of my ability."See omnystudio.com/listener for privacy information.

Giorgio Armani, who has passed away aged 91, directed an empire that generated €2.3 billion in 2024 and never sold any part of his company to an outsider. We take a closer look. Meanwhile, Donald Trump's Fed nominee Stephen Miran is grilled by the Senate Banking Committee as he tries to convince them he intends to preserve the Federal Reserve's independence. Plus, Melania Trump makes a rare public appearance to talk AI with some top industry leaders.

APAC stocks followed suit to the mixed performance stateside, where tech and communications outperformed following the Google antitrust ruling, and participants digested dovish data and Fed rhetoric.US President Trump said it is possible that someday tariffs will replace income tax.UK Chancellor Reeves dismissed forecasts of a GBP 50bln "black hole" in the public finances, despite higher borrowing costs and expected tax rises piling pressure on the chancellor ahead of the autumn Budget, according to the BBC.US President Trump said he will find out over the next week or so how good the relationship is with Russia, while he also commented that the US will help Poland protect itself with US soldiers to remain in Poland and will put more there if they wantEuropean equity futures indicate a mildly positive open with Euro Stoxx 50 futures up 0.1% after the cash market finished with gains of 0.6% on Wednesday.Looking ahead, highlights include Swedish CPIF (Aug), Swiss CPI (Aug), EZ Retail Sales, US ISM Services PMI (Aug), ADP National Employment (Aug), Challenger Layoffs (Aug), Jobless Claims, Atlanta Fed GDP, Canadian Trade Balance (Jul), BoE DMP, Senate Banking Committee to hold hearing for US President Trump's Fed nominee Stephen Miran, Federal Housing Press Conference "In the Matter of Lisa D. Cook", Speakers including ECB's Cipollone, Fed's Williams & RBA's Hauser, Supply from Spain, France, UK & US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses and US equity futures are modestly firmer ahead of US data.USD awaits a data deluge, Antipodeans lag and JPY digests potential US/Japan auto tariff reduction.EGBs and Gilts bounce while USTs remain flat into data; Spanish auction was well received, whilst some short-lived pressure was seen on the French outing.Oil pulls back as traders brace ahead of this weekend's OPEC meeting; some upside in the complex seen after Russian Deputy PM Novak said OPEC-8 are not discussing production increase now.Looking ahead, US ISM Services PMI (Aug), ADP National Employment (Aug), Challenger Layoffs (Aug), Jobless Claims, Atlanta Fed GDP, Canadian Trade Balance (Jul), BoE DMP, Senate Banking Committee to hold hearing for US President Trump's Fed nominee Stephen Miran, Speakers including Fed's Williams & RBA's Hauser.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Senator Elizabeth Warren (D-MA) discusses the upcoming Senate Banking Committee’s examination of Stephen Miran’s appointment to be a governor of the Federal Reserve, a nomination made by President Donald Trump. She spoke to Bloomberg's Joe Mathieu and Kriti Gupta.See omnystudio.com/listener for privacy information.

Senator Tim Scott (R-SC) holds many titles: Chairman of the U.S. Senate Banking Committee, husband, son, friend, and most importantly, man of God. In his new book "One Nation Always Under God," Senator Scott eloquently illustrates why he believes America has been built on faith and how his experience with overcoming adversity affirmed to him that God has never failed us. Plus, he shares stories of hidden American heroes who he believes would be honored in "Heaven's Hall of Fame." Learn more about your ad choices. Visit podcastchoices.com/adchoices

Michael Reinking, Senior Market Strategist for the NYSE, details the latest trends and developments in global markets. In this week's episode, he discusses the impact of U.S. involvement in the Middle East , Fed Chair Powell's testimony before the Senate Banking Committee, and the S&P 500 nearing a record-high.

Top of the hour: fresh comments from President Trump at 2025's NATO summit – spanning Israel-Iran, Ukraine, and even Fed Chair Powell. David Faber and Sara Eisen broke down key takeaways and why he thinks Powell is a “very stupid person”, as the Fed Chair takes the hot seat for a 2nd day of questions with for his Semiannual Monetary report… Today before the Senate Banking Committee. Squawk on the Street Disclaimer

Fed Chair Jerome Powell is back on the hill answering questions from members of the Senate Banking Committee as part of his semi-annual monetary policy report. Plus the CEO of General Mills breaks down his company's earnings report after saying a more challenging year lies ahead.

On today's podcast: 1) President Trump declares a ceasefire between Israel and Iran, but Israel is accusing Iran of breaching it. President Trump declared the ceasefire after a night of attacks, saying Iran had "gotten it out of their system" and thanking Tehran for giving early notice of their missile strike on a US air base in Qatar. Israel agreed to the truce as long as Iran did not launch further attacks, and the Iranian government signaled it would abide by those terms, according to a senior White House official. 2) Voters in New York head to the polls for the Democratic Mayoral Primary. Polls open at 6 am on Tuesday and voters will choose from 11 candidates who are running for the official Democratic ticket. Surveys show the contest is expected to come down to former Governor Andrew Cuomo and New York State Assembly member, Zohran Mamdani. 3) President Trump blasts Jay Powell again hours before the Fed chair speaks to Congress. Powell will testify before the House Financial Services Committee and the Senate Banking Committee this week, explaining why interest rates will likely remain steady until at least September. In a post on social media, President Trump says he hopes Congress b"really works" Powell over for not lowering rates already.See omnystudio.com/listener for privacy information.

Our podcast show being released today will focus on S.  919, the Guiding and Establishing  National Innovation for U. S. Stablecoins Act of 2025 or GENIUS Act which was reported out of the Senate Banking, Housing, and Urban Affairs Committee by a bipartisan vote of 18-6. The bill would establish a regime to regulate stablecoins.  Our guest today, Professor Art Wilmarth of George Washington University School of Law, published an op-ed on March 6 in the American Banker in which he wrote that the “..bill would allow stablecoins, which are volatile deposit-like instruments, to be offered to the public without the essential protections provided by federal deposit insurance and other regulatory safeguards regarding banks that are insured by the Federal Deposit Insurance Corp. By placing the federal government's imprimatur on poorly regulated and unstable stablecoins, the …bill would greatly increase the probability that future runs on stablecoins would trigger systemic crises requiring costly federal bailouts to avoid devastating injuries to our financial system and economy.” Our podcast show was designed to be of interest to both crypto neophytes and experts. During this podcast, we explore the following issues:            1. What are stablecoins, and what are their present and potential use cases?            2.  How do stablecoins differ from other types of crypto like bitcoin?            3. How many companies issue stablecoins today?  4. What is the total volume in dollars of outstanding stablecoins?  Has it been growing?  Do all stablecoin issuers also issue other types of crypto?            5. Do any banks issue stablecoins?  If not, why not? 6.  Are there any federal or state regulations that apply to stablecoins today?  What about state money transmitter laws?  7.  Do stablecoins provide a better way to improve the speed and reliability of payments compared to other ways of making payments? Do they offer any benefits that are NOT currently offered by tokenized bank deposits and the instant payment and settlement services offered by FedNow and the Clearing House's Real Time Payment Network?  How do stablecoins on public blockchains compare to tokenized deposits held on private electronic bank ledgers, in terms of safety, reliability, and efficiency. 8.   Professor Wilmarth describes a typical stablecoin transaction and the fact that stablecoin issuers often pay interest on stablecoins that are the equivalent of money market mutual funds and way more than banks pay on passbook or statement savings accounts or checking accounts.            9.  How do stablecoin issuers generate revenue? 10.   What are the potential risks of stablecoins, especially if they can be offered by nonbanks and are not covered by federal deposit insurance?  Would they present the same risks as money market funds, which the Fed and Treasury bailed out in 2008 and again in 2020? Have there been any examples of these risks being realized?  Have there been any failures? What happens if a stablecoin issuer fails?  Does bankruptcy law (as amended by the GENIUS Act), provide a feasible process for dealing with failures of stablecoin issuers?  If nonbank stablecoin issuers become large financial institutions and get into serious trouble, would the federal government be able to finance another series of massive bailouts similar to those of 2007-09 and 2020-21 without risking a crisis in the Treasury bond market and/or another surge of inflation? 11.  Will Big Tech firms issuing stablecoins be able to dominate our banking system and economy and would that necessarily be a bad thing? 12. Which firms are likely to be the most significant issuers of stablecoins if nonbanks are allowed to conduct that activity?  If Big Tech firms are allowed to offer stablecoins, could they use stablecoins to offer banking services and eventually dominate the banking industry?  What should we learn from China's experience with Ant Financial Group (Alipay) and Tencent (WeChat Pay), China's two largest Big Tech firms, which became dominant providers of financial services to Chinese consumers and households? 13.  We then discussed the so-called GENIUS ACT which the Senate Banking Committee passed by an 18-6 bipartisan vote on March 13. What are the major features of the Act?            14.  What are your major concerns about the bill? 15. What would the stablecoin market look like if Congress passed the GENIUS Act in the form that it was approved by the Senate Banking Committee? 16.  Should we require all issuers and distributors of stablecoins to be FDIC-insured banks?  Why do you believe that federal banking laws governing FDIC-insured banks provide a far better approach for regulating issuers of stablecoins? [After the recording of this podcast, the bill ran into rough sledding on the floor for a couple of weeks with some Senators, like Senator Elizabeth Warren, raising consumer protection issues similar to those raised by Professor Wilmarth and other Senators raising concerns about President Trump's family substantially benefiting from enactment of the bill. However, on May 19, after negotiations among Senate Democrats and Republicans to amend the Bill to add consumer protections, limits on tech companies issuing stablecoins and ethics standards for special government employees, like Elon Musk, the Bill advanced on a bipartisan procedural vote to prevent filibustering in the Senate, 66-32, making it likely that the Bill will pass the Senate by a super-majority vote. The fate of the Bill in the House is less certain.] Alan Kaplinsky, Senior Counsel and formerly the Chair for 25 years of the Consumer Financial Services, hosted the podcast show.

The Consumer Financial Protection Bureau is set to withdraw a Biden-era rule aimed at cracking down on data brokers and their selling of Americans' personal and financial information. In a notice in the Federal Register, the CFPB said legislative rulemaking on the data broker industry “is not necessary or appropriate at this time,” and the agency does not plan to “take any further action” on the proposal. The notice was issued by Russell Vought, acting director of the agency, head of the Office of Management and Budget and a Project 2025 architect. The withdrawal of the rule, which was first reported by Wired, comes after President Donald Trump's initial nominee to lead the CFPB signaled to Congress in February an openness to continuing Biden administration data-broker rules. Jonathan McKernan, a former Treasury Department and Federal Housing Finance Agency staffer, told the Senate Banking Committee that Rohit Chopra — President Joe Biden's CFPB director — “was onto something” with his policies targeting data brokers and data aggregators. The CFPB's withdrawal notice took particular issue with the rule's focus on the Fair Credit Reporting Act, saying that the proposal was “not aligned with the Bureau's current interpretation of the FCRA, which it is in the process of revising.” The Senate on Wednesday voted 54-43 to confirm businessman Emil Michael as undersecretary of defense for research and engineering and the Pentagon's chief technology officer. In that position, Michael will serve as the primary advisor to the secretary of defense and other Defense Department leaders on tech development and transition, prototyping, experimentation, and management of testing ranges and activities. He'll also be in charge of synchronizing science and technology efforts across the DOD. Michael comes to the job from the private sector, where he's been a business executive, advisor and investor. He told members of the Senate Armed Services Committee that he's been involved with more than 50 different tech companies during his career. Perhaps most notable, from 2013 to 2017, he was chief business officer at Uber. In government, he previously served as special assistant to the secretary of defense when Robert Gates was Pentagon chief. The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast  on Apple Podcasts, Soundcloud, Spotify and YouTube.

S4:E170 The Weekly Update and a discussion with co-host Paul Clark and guest co-host Josh Miller about startup investing for GenZ and Millennials. We're talking about small investments in Startup Funds that offer diligence, deal flow and diversification at a low cost provided that Congress successfully changes the definition of an Accredited Investor. We'll be talking more about a rule change for Accredited investors over the next month with Chief Counsel of the Senate Banking Committee which has purview over such a rule change. Next week we will be getting pitches from 3 of my favorite startups from the Spring ATDC Showcase. These companies are candidates for our ATDC Fund and for VentureSouth. (interview recorded 4.24.25)Follow David and Paul: https://x.com/DGRollingSouth https://x.com/PalmettoAngel Connect On LinkedIn: https://www.linkedin.com/in/davidgrisell/ https://www.linkedin.com/in/paulclarkprivateequity/ We invite your feedback and suggestions at www.ventureinthesouth.com or email david@ventureinthesouth.com. Learn more about RollingSouth at rollingsouth.vc or email david@rollingsouth.vc.

It's the Friday News Roundup! We're talking about the Eagles visiting the White House (and the players who skipped it), the Community College of Philadelphia asking City Council for more money (while its ousted president files a lawsuit), and a Philly judge in hot water because of his wife's cheesesteak business (is the real crime the $35 steaks?!).   Our Friday news roundups are powered by great local journalism:  ⁠Community College of Philadelphia's board names provost Alycia Marshall as interim president⁠ ⁠McCormick Makes Big Play in Bitcoin While His Committee Considers Regulation⁠ ⁠Dave McCormick is investing in bitcoin as he sits on the Senate Banking Committee and will mull crypto regulation bill⁠ ⁠A Philly judge could face discipline for promoting his wife's popular cheesesteak shop⁠ ⁠Ousted CCP president alleges in court complaint that board chair pressured him ‘to direct CCP business to political allies and vendors'⁠ Get so much more Philly news & events in your inbox with our newsletter: ⁠Hey Philly⁠ We're also on Instagram: ⁠@citycastphilly⁠ Learn more about the sponsors of this May 2nd episode: ⁠Aura Frames⁠ - Get $35-off plus free shipping on the Carver Mat frame with Promo Code CITYCAST Advertise on the podcast or in the newsletter: ⁠citycast.fm/advertise⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

America's pensions are in big trouble. Many are underfunded vs their payout commitments. Many are being recklessly managed, overinvested in far too speculative assets for the safety of their constituents.Ted Siedle is a former SEC attorney. His firm, Benchmark Financial Services, Inc. has pioneered over $1 trillion in forensic investigations of the money management industry. He's nationally recognized as an authority on pensions and investment management matters, having testified before the Senate Banking Committee regarding fund scandals and is an expert in various Madoff-related and other litigations.In 2017, he secured the largest SEC whistleblower award in history of $48 million, and in 2018, the largest CFTC award in history at $30 million.Join me and Stephany Pomboy as we interview Ted and take your questions live.WORRIED ABOUT YOUR RETIREMENT? SCHEDULE A FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com_____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.

*The is the FREE archive, which includes advertisements. If you want an ad-free experience, you can subscribe below underneath the show description.The President of the United States first signed an EO (January 23, 2025) to create a working group on digital assets. Next he signed an EO (March 6, 2025) to establish a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile. Although the same reserve plan failed for the state of Wyoming, the EO establishes the digital reserve federally. Wyoming is, however, leading the way in experimenting with Stablecoin, while a bank in the state also became the first to send and receive digital U.S. Dollars. Wyoming-based Custodia Bank worked with a Texas bank to send tokenized digital dollars from an account into the digital realm and back again. Wyoming plans to unveil their Stablecoin in June 2025. Back at a Federal level, the Senate Banking Committee sent a stablecoin bill to the full chamber for debate in early March. By early April Satoshi Nakamoto, the supposed founder of Bitcoin - though “he” could be a “she” and is in fact more than one person - mysteriously reappeared for the first time since 2008 when Bitcoin was speculated on and created by 2009. Who or what they are is unknown to everyone except the Department of Homeland Security which knew the identity officially back in 2019 and yet failed to reveal it to the public. This is interesting because doing something like creating such a secure alternative to the U.S. Dollar is usually seen as an act of terrorism and a threat to national security. Although an EO on Central Bank Digital Currency has been signed, banning its use, and an anti-CBDC Bill has cleared the House Financial Services Committee, Bitcoin and others are taking its place. The Trump family is heavily invested, too, with their crypto firm, World Liberty Financial, pushing to launch a decentralized finance platform DeFi. While proponents of Bitcoin, for example, say “its decentralized,” “rejected by the banks,” “not legal tender,” “it's stable,” and “not traceable,” this is in fact not the whole story. When it becomes legal tender and regulated in the United State then it will also become “stable” and centrally regulated. Bitcoin will also become even more highly trackable through AI, pattern recognition and government subpoenas, among other things. Now that the U.S. in issuing tariffs as part of a trade war, BlackRock CEO Larry Fink has joined the chorus of voices warning that the U.S. dollar's reserve currency status is at risk. Fink has even gone further and suggested a likely replacement: Bitcoin, which could replace the dollar as a reserve and change the whole system. “The question of a potential dollar confidence crisis has now been definitively answered—we are experiencing one in full force,” ING analysts including Francesco Pesole wrote in a note seen by Bloomberg. “The dollar collapse is working as a barometer of ‘sell America' at the moment.” The dollar's decline is seen by some as boosting the bitcoin price as traders bet bitcoin will follow in gold's footsteps, performing as a safe haven asset. The overall story seems to be this: some mysterious figure creates Bitcoin, banks oppose it like they famously did the Federal Reserve Act in 1913, which triggers public support and demands for it, then banks officially adopt it as a model, then the same people pushing bitcoin say it is the solution to the Great Rest which is rejected and replaced with Trump's Golden Age Reset, which itself leads to the U.S. Dollar losing status and being replaced by…. Bitcoin - while investors put their money in a digital, not physical, assets. As with Hawk Tuah Girl's $50-million pump and dump, this Bitcoin-cyrpto evolution has the ability to be the largest of such schemes in world history, and probably the largest transfer of wealth in world history too. It is set up to be the legendary world currency.-FREE ARCHIVE (w. ads)SUBSCRIPTION ARCHIVEX / TWITTER FACEBOOKMAIN WEBSITECashApp: $rdgable EMAIL: rdgable@yahoo.com / TSTRadio@protonmail.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/tst-radio--5328407/support.

In this special live episode of Owl Have You Know, James Weston, the senior associate dean for degree programs and Harmon Whittington Professor of Finance, reflects on his 25 years at Rice University.Join James and host Maya Pomroy '22 as they explore his journey from the Federal Reserve to Rice Business, the evolution of the school over the past two and a half decades, and his vision for the future of the university. They also dive deep into his groundbreaking research on racial disparities in auto loan pricing — a study that uncovered significant biases against minority borrowers. Plus, get the inside scoop on his experience running a bar in Rice Village.Episode Guide:01:20 James Weston's Career Journey04:25 Early Career and Mentorship08:56 Teaching Philosophy and Student Relationships13:52 Research on Auto Loans and Discrimination18:58 Linking Mortgage and Experian Data20:14 Evidence of Discrimination in Auto Lending22:48 Challenges in Passing Auto Lending Regulations24:00 The Realities of Owning and Operating a Bar30:24 Transition to Administration at Rice Business33:47 Reflections on a Diverse CareerOwl Have You Know is a production of Rice Business and is produced by University FM.Episode Quotes:How Dean James pursues scientific rigor34:50: [James Weston] I sort of view the thing that ties together all my papers as a foundational social scientist trying to measure things that are hard to measure. And so when I see things that I think have a lot of social import or a research question that I think has either a practical application or some large social question that I think needs answering, the fun for me is trying to figure out how to measure it and trying to come up with a clever way of identifying the research question in a way that's unambiguous and in a way that we can solidify and say, like, that's the answer. And I know it with as near scientific certainty as I can — you know, the existence of the Higgs boson particle.35:19: [Maya Pomroy] We can't get into that right now. Yeah. 35:33: [James Weston] But, but you know, but I'm saying, like, to treat it like a scientist.35:36: [Maya Pomroy] Yes.35:37: [James Weston] And study it like it's a real causal question. Yeah. And you attack it with the scientific method, and you attack it with the scrutiny and the scientific rigor that they use across campus.On pushing for transparency in auto lending23:20: My hope is that the Senate Banking Committee continues to take action on it, and we see more—just something similar to the Home Mortgage Disclosure Act, where auto dealers just have to report. They have a spreadsheet, and you just have to send it to the Fed the way every bank does with every mortgage application. And hopefully that transparency attenuates the discrimination the way it largely did in home mortgages. It took time. It was a 10-year process. It'll probably take that long on auto lending. And we're not the only voice in this choir. There's lots of other people now that are sort of jumping on the bandwagon.How Dean James views his new job role30:48: Moving into administration means, in my mind at least, it means I'm not working anymore. In the sense that I'm not executing the primary missions of the school, which are teaching and scholarship. And so I'm not teaching as much anymore, and I'm not doing as much scholarship anymore, which means I'd better be doing something to collect the paycheck. And the way I genuinely view it is that now I'm trying to enable the rest of my faculty to do better teaching and better scholarship. My role is as a service leader, which is how I view this job—as a tour of service, not a career pivot. I didn't take this job to then become dean someplace, to then become provost someplace, to then become Supreme Commander of University somewhere. But, like, it was someone else's turn to do this very important role, which is to coordinate all the programs, get the teaching schedules done, make sure I'm protecting junior faculty and their teaching loads, make sure I'm putting the right people into the right classes, making sure we're keeping track of it.Show Links: TranscriptThe Hidden Inequality in Auto-Lending | Rice Business WisdomGuest Profiles:James Weston | Rice University

Victoria Guida of Politico and Brendan Pedersen of Punchbowl News sort through how and why the Trump administration is remaking banking regulation. Is the CFPB neutered for the next four years or maybe forever? Will the OCC take over the FDIC's exam functions? Why did big bank CEOs meet with the Senate Banking Committee? What's DOGE up to at Treasury?

Scott Wapner and the Investment Committee debate the state of the bull market following Fed Chair Powell's Testimony before the Senate Banking Committee. Plus, the desk debates the latest Calls of the Day on Schwab, Vertex and Transocean. And later, the Committee reveal their latest portfolio moves.  

The episode where we logged on and won forever. Probably the biggest week in crypto history...  In this episode:  Ross Ulbricht is granted a full pardon  Did Ross Ulbricht deserve a life sentence? SAB121 is finally gone  Why SAB121 was bad Crypto ball review Trump launches a memecoin Trump is inaugurated OCP2.0 is over  CBDCs are banned We review Trump's Executive Order No Strategic Bitcoin Reserve, but a stockpile instead Larry Fink calls for 600-700k BTC Mark Uyeda, announces the formation of a new task force: SEC Crypto 2.0 Senator Cynthia Lummis announces the formation of the Senate Banking Committee on Digital Assets A US court in Texas overturnes the sanctions placed on Tornado Cash

Host Christine Lee breaks down the latest news in the crypto industry as "Razzlekhan" releases a new music video before prison.The U.S. Consumer Financial Protection Bureau is proposing to put digital wallets under the same standard as bank accounts. Meanwhile the Republican-led Senate Banking Committee seeks to create a digital assets subcommittee. Plus, "Razzlekhan" releases a new music video as she prepares for prison. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry.-From our sponsor: In Chinese, belief means trust. For 10 years, Consensus has united those who believe in building a new internet where everyone has value. Join us at Consensus Hong Kong February 18 - 20, 2025 where belief becomes real. Connect with global leaders, innovators, and investors shaping the future of Web3, and experience the power of collaboration at the industry's most influential event. Register now: https://go.coindesk.com/3BeigBq-This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.