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Browsing: Trumps
In a move that Sen. Elizabeth Warren has decried as a “clear conflict of interest and corruption,” one of the Trump family’s most lucrative businesses is on its way to becoming a bank. And it’s set to be regulated by a government entity whose leader was appointed by, you guessed it, President Donald Trump.
Elisa TascaJesús Sérvulo González Madrid / Washington – Sep 28, 2026 – 14:02CEST
The crypto industry has just suffered a paradoxical defeat: Its biggest backer, President Donald Trump, inadvertently helped scuttle chances for a major legislative win thanks to revelations of the riches he and his family have made off of their crypto ventures.
U.S. crypto markets are facing competing signals after President Donald Trump called for rates of 1% or lower, while the Federal Reserve raised its benchmark rate to 3.75%-4%. At the same time, the House Ways and Means Committee advanced a digital-asset tax bill by 38-5, including proposed relief for qualifying crypto transaction fees of $10…