This article should have been titled Deregulation - Trump’s financial watchdogs promise a revolution. The regulatory pendulum swings violently #SEC #federalreserve #OCC #CFPB #CFTC #Crypto #gao #oversight #audits #regulations #congress #law Eeconomy #financialsystem #financialstability #pensions #fiduciary
The Economist no paywall https://archive.is/fZuMl#selection-1127.0-1131.40

Paul Krugman reveals a troubling truth: cryptocurrency is entwined with DC corruption. In "Digital Corruption Takes Over DC," he critiques the GENIUS Act's potential to legitimize stablecoins, which, despite initial innovation, now enable gambling and shady dealings. Krugman warns of the risks they pose, likening their rise to the unregulated banks of the past that could trigger financial crises. Explore his insights on a Washington influenced by financial interests. Read more: https://paulkrugman.substack.com/p/digital-corruption-takes-over-dc #Cryptocurrency #Corruption #Stablecoins #FinancialStability #PaulKrugman

#Facts vs #Lies - This isn't a #stockmarket #rally. It's a #scramble. On the back of market rallies over the last few weeks, the #Nasdaq is now up just over 1% year-to-date. The S&P 500? Flat. The Dow Jones Industrial Average? Down 0.6%.#economy #financialstability 3insidertrading #hedgefunds #billionaires #pensions #savings #stocks #mutualfunds #maga #trump

Breaking economy totally Trump has called 4 #termination of #FederalReserve Chairman #JeromePowell in a dispute over #interestrates, cutting across the political independence of US #centralbank. The Federal Reserve's decision-making is supposed to be free [not any more] from #political interference so it can make calls it believes are right for country and the economy rather than in the interests of presidents or lawmakers. #economy #financialsystem #financialstability https://www.newsweek.com/trump-demands-termination-fed-jerome-powell-rates-2060933

https://www.europesays.com/uk/16734/ Brexit reset tested as Brussels and London fight about finance – POLITICO #Banking #BaselIII #Brexit #Britain #Companies #Competitiveness #DonaldTrump #EU #Europe #European #EuropeanUnion #Finance #FinancialServices #FinancialStability #GreatBritain #Growth #Industry #KeirStarmer #Markets #payments #RachelReeves #Regulatory #Services #Stability #UK #UnitedKingdom #UnitedStates

#Republican strategist Stuart Stevens, senior advisor for the Lincoln Project, is arguing that monied interests and economic giants #BigTech #WallStreet #bankers #billionaires are complicit in ruining the nation as they blindly follow a president determined to sink markets in both the United States and around the world. #tariffs #economy #financialstability #risk #economics #Trump #maga #wealth #money #power #politics #fear #complicit #collusion #democracy #congress https://www.alternet.org/ceos-trump-policies/

Nomi Prins on the Debt Spiral: When Will It Stop?| @nomiprins

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#debt #economy #congress #inflation #economics #budget #imf #financialstability #worldbank #economicgrowth #debtceiling #globaleconomy #financialcrisis

Trump’s Executive Orders Leave Imprint on the Federal Reserve Board - The central bank has halted #hiring to align with #WhiteHouse directive and pulled back its work on climate change. The Fed is independent - receives no taxpayers dollars - they folded - so now the #economy is totally in #trump #musk #control #powell #hiring #freeze #climate #climatecrisis #economy #finance #financialstability

#Trump Issues #Crypto #ExecutiveOrder to Pave U.S. #DigitalAssetsPath. #DonaldTrump has signed a long-awaited crypto order that sets a federal agenda meant to move U.S. digital assets businesses into friendly #oversight. #fraud #corruption #financialstability #economy #finance https://www.coindesk.com/policy/2025/01/23/trump-issues-crypto-executive-order-to-pave-u-s-digital-assets-path-reports #regulations #govdocs #legalresearch

Abortion access is a powerful predictor of women’s long-term future in the United States https://www.psypost.org/abortion-access-is-a-powerful-predictor-of-womens-long-term-future-in-the-united-states/?utm_source=dlvr.it&utm_medium=mastodon #AbortionAccess #WomensRights #ReproductiveHealth #EducationEquality #FinancialStability

#California Fires Expose a $1 Trillion Hole in US Home #Insurance. #Homeowners in increasingly risky areas can’t obtain adequate coverage as insurers flee the state to avoid losses. #risk #financialstability #housing #economy #climatecrisis #wildfires https://www.bloomberg.com/opinion/articles/2025-01-08/california-wildfires-expose-a-458-billion-hole-in-home-insurance

Alarmed? Rather we are Horrified! ‘Co-president’ #ElonMusk #Trump ally tests influence in spending fight. The unelected tech #billionaire’s outsize role in sending the federal #government careening toward a potential shutdown alarmed #Democrats, academics and watchdog groups. https://www.washingtonpost.com/politics/2024/12/19/co-president-elon-musk-trump-ally-tests-influence-spending-fight/ #democracy #congress #legislation #politics #MAGA #GOP #economy #financialstability

#Trump transition team exploring ways to significantly #reduce, #merge, or even #eliminate top #bank #regulators in Washington WSJ reported on Thursday.. In recent interviews with potential candidates for leading these regulatory agencies, Trump advisers and officials from the newly established Department of Government Efficiency #DOGE have inquired about the possibility of the president-elect abolishing the #FDIC #banking #financialcrisis #financialstability #finance #economy #WallStreet

Analysts: French budget dispute unlikely to trigger Greece-style economic collapse https://www.euractiv.com/section/economy-jobs/news/analysts-french-budget-dispute-unlikely-to-trigger-greece-style-economic-collapse/?utm_source=dlvr.it&utm_medium=mastodon #budgetdeficit #debt #EmmanuelMacron #EUeconomy #financialstability

#LLRX AI In Finance & Banking 7/15/24 https://www.llrx.com/2024/07/ai-in-finance-and-banking-july-15-2024/ 6 highlights - We need bold minds to challenge AI, not lazy prompt writers, bank CIO says; Managing AI in banking: are we ready to cooperate?; The gen AI gender gap; Will User-Contributed AI Training Data Eat Its Own Tail?; Demand for AI in Settlement Negotiations; & Artificial intelligence a central bank’s view. #AI #banking #finance #financialstability #AIprompts #prompts #fintech #financialtechnology #education #workforce #KM

#AI in #Banking & #Finance, 6/15/24. Sabrina I. Pacifici highlights news, govt reports, NGO/IGO papers, industry white papers, academic papers, speeches AI’s fast paced impact on #banking & #finance sectors. 5 highlights from this post: Financial regulators have ‘insufficiently’ addressed #hedgefunds’ use of AI; 2024 Conference on Artificial Intelligence & #FinancialStability; Two AI Truths and a Lie; Simple #Macroeconomics of AI; Rise of AI at #JPMorganChase https://www.llrx.com/2024/06/ai-in-banking-and-finance-june-15-2024/ #economics