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.

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…