If the dollar dominates stablecoins, America could dominate global finance for centuries The post Can stablecoins make America the crypto capital of the world? appeared first on The Spectator World.| The Spectator World
Russ Vought, the director of the Office of Management and Budget, has been waiting for this moment his whole adult life — or that’s what President Trump and the Republican Congressional leadership would like you to believe. As they put it, Vought is a fanatical budget cutter who, once unleashed, cannot be controlled. Who knows what he’ll cut if the Democrats continue to keep the government shut down? Substantial staffing cuts that go beyond the typical shutdown furloughs are “the risk...| Heatmap News
In a tweet laying out all the welfare he plans to give so-called libertarian Javier Milei, Scott Bessent confirmed the tie between the bailout and Trump's election interference. The post Scott Bessent Links Bailout of Argentina to Trump’s Election Interference, Even as Argentina Poaches US Soybean Markets appeared first on emptywheel.| emptywheel
Milei está volviendo de su viaje a la ONU. Se reunió con el primer ministro israelí y volvió a recibir el apoyo del secretario del Tesoro de EE. UU.| Cenital
Scott Bessent just casually said the quiet part out loud.| The New Republic
FinCEN is pushing back against FNF’s claim that its mandatory reporting rule will cause title companies irreparable harm.| HousingWire
Scott Bessent confessed to Larry Kudlow how the Trump Administration is trying to sustain their illegal tariffs: by collecting enough revenue from them (and lying about how much they're really collecting) that SCOTUS won't dare uphold the law.| emptywheel
For years, Republicans, including President Donald Trump, have railed against the IRS and its cadre of armed agents.| AP News
Some recently released data has spelled good news for parts of the American economy thus far in President Donald Trump’s second term.| Alpha News MN
Trump calls Bessent “very good” and “soothing” but not top pick for Fed chair; criticizes Powell’s spending, comments on crypto bill.| The Pavlovic Today
The U.S. stock market, which had suffered since President Trump unveiled his tariff plan, rose sharply after he announced a pause to allow negotiations.| CNBC
A new Treasury Department rule will hamper the government's power to address money laundering and illegal political donations.| Sludge
Elon Musk is rapidly consolidating control over large swaths of the federal government with President Donald Trump’s blessing.| AP News
Until Further Notice: Comprehensive coverage of the Trump-Musk Treasury Payments Crisis of 2025| Notes on the Crises