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Powell defends $2.5 billion Fed renovation in a point-by-point response to the Trump administration

Powell defends .5 billion Fed renovation in a point-by-point response to the Trump administration

CNN  —  Federal Reserve Chair Jerome Powell responded by letter Thursday to a senior Trump administration official who accused the head of the central bank of mismanaging an “ostentatious overhaul” of its Washington, DC, headquarters. Russell Vought, director of the Office of Management and Budget, suggested in a social media post last week that Powell had broken the law by …

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Bond Giant Pimco Dismisses Trump’s Threats to Fed’s Powell – The Wall Street Journal

Bond Giant Pimco Dismisses Trump’s Threats to Fed’s Powell  The Wall Street Journal Powell responds to Trump administration in spat over Fed’s renovation  CNN Why the White House is attacking Jerome Powell over the ‘Taj Mahal on the National Mall’  ABC News – Breaking News, Latest News and Videos Equities and dollar rise with encouragement from economic data and earnings  Reuters How stocks could …

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House passes first major regulation for crypto industry – The Washington Post

House passes first major regulation for crypto industry  The Washington Post House expected to vote on historic crypto bill, the GENIUS Act, after right-wing rebellion  CBS News US House passes stablecoin legislation, sending bill to Trump  Reuters What to Know About the Three Crypto Regulation Bills in Congress  The New York Times House passes crypto industry-backed market structure bill  CNBC Source link

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Wells Fargo banker blocked from leaving China: report

Wells Fargo banker blocked from leaving China: report

A Wells Fargo banker traveling on business has been blocked from leaving China after recently arriving there for a work trip, according to a report. Chenyue Mao, an Atlanta-based managing director at Wells Fargo, is facing an exit ban after entering China in recent weeks, sources familiar with the matter told the Wall Street Journal. Mao, who was born in …

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Crypto Industry Reaches Milestone With Passage of First Major Bill – The New York Times

Crypto Industry Reaches Milestone With Passage of First Major Bill  The New York Times House expected to vote on historic crypto bill, the GENIUS Act, after right-wing rebellion  CBS News US House passes stablecoin legislation, sending bill to Trump  Reuters What to Know About the Three Crypto Regulation Bills in Congress  The New York Times Capitol agenda: Brutal day ahead for Mike Johnson  Politico Source …

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ChatGPT can now ‘think’ and ‘act’ for you after a new update

ChatGPT can now ‘think’ and ‘act’ for you after a new update

CNN  —  OpenAI on Thursday announced a new feature for ChatGPT that allows the popular chatbot to execute actions on a user’s behalf. It’s part of an industry-wide push to change the way people get things done on the Internet: Tech giants hope that instead of bouncing between apps and manually searching the web, users might be able to one …

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