Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism ‘unprecedented’
Powell addressed the question of whether he will stay on as a Board of Governors member after his term as chair ends.
Source: www.cnbc.com
Powell addressed the question of whether he will stay on as a Board of Governors member after his term as chair ends.
Source: www.cnbc.com
Judge Rachel P. Kovner rejected claims by nine alleged fraud victims seeking to contest forfeiture of approximately 127,271 Bitcoin in a Sept. 25 order. Their filings did not plausibly connect their lost funds to the specific seized wallets, leaving them with a different potential recovery route if the government wins the forfeiture case. The Eastern…
Private credit has crossed into a dangerous phase. After rumblings last month, the pressure point is no longer confined to underwriting quality, isolated borrower stress, or a few awkward redemption notices buried in fund updates. The market is now dealing with something more consequential: a live collision between illiquid assets, semi-liquid fund structures, and investors…
Citadel Securities, the Wall Street market maker, now has $600 million in announced strategic investments across two rival crypto exchanges, each valued at $20 billion. Crypto.com announced its $400 million deal on July 16, 2026. Previously, on Nov. 18, 2025, Kraken disclosed an executed agreement for a $200 million investment at the same valuation. Together,…
Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-asset markets is ready for a more regulated version of the digital dollars already used to navigate currency weakness and limited access to traditional dollar savings. On June 2, the Brad Garlinghouse-led company announced that its US dollar-pegged stablecoin,…