Trump, the parade
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A new bill making its way through Congress aims to regulate stablecoins, most of which are pegged to the U.S. dollar. Should the bill become law, Solidus Labs' Chen Arad explores the implications for the stablecoin industry and the greenback.
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The Western Journal on MSNUSAID Official and 3 Others Plead Guilty After Decade-Long, Half-Billion Dollar Bribery Scheme Falls ApartAn official with a government agency that President Donald Trump targeted for elimination has pleaded guilty, along with three businessmen, to being part of a decade-long bribery scheme that involved more than $500 million in taxpayer money,
WASHINGTON -- The Trump administration is advancing a new law that aims to establish the U.S. dollar as the dominant currency in the blockchain world and further solidify its status as the world reserve currency.
The Trump administration on Thursday launched a website for those interested in a $5 million investor visa for the U.S. to sign up for early access to a newly created “gold card.” “Thousands have
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Barchart on MSNDollar Sinks on Trump Tariff Threats and Weak US Economic ReportsThe dollar fell to a 3-1/4 year low today as comments from President Trump sparked trade uncertainty and weighed on the dollar. Late Wednesday, Mr. Trump said he intends to send letters to dozens of US trading partners in the next one to two weeks setting unilateral tariffs,
The dollar’s worst start to a year on record, Bristol Myers plans to develop new cancer drug, Apple’s WWDC is coming, and more news to start your day.
All of that is putting pressure on the dollar. It traded near a three-year low on Monday, as global investors weigh keeping their money invested in America.
The dollar fell across the board on Wednesday after weaker-than-expected U.S. private payrolls data highlighted continued easing in the labor market and data showed U.S. services sector contracted for the first time in about a year in May.
Trump’s backing of the decentralized finance platform comes as his administration pushes to expand U.S. crypto markets.