Viral moment here at Senate hearing with Treasury Secretary Scott Bessent:
TILLIS: “Did you actually tell [Bill] Pulte you were going to punch him in the face?”
BESSENT: “No sir. I actually said I was going to kick his ass.”
Wow.
NEW: “Big banks can’t deal with a bipartisan compromise on stablecoin yield and are making completely false claims about BSA/AML as a last ditch attempt to poke holes in a solid piece of legislation that protects consumers. Fear of competition always brings out an interesting side of people and that’s all this is.” - Statement from Sen. Cynthia Lummis’ spokesperson Katie Warbinton to @FoxBusiness
Crypto giant Binance is moving into Wall Street's territory
The world's largest exchange is launching U.S. stock & ETF trading (Apple, Tesla, etc.) directly in its app—24/5 with zero commission
A massive play to challenge traditional brokers like Robinhood. (Global users only due to U.S. regs)
https://t.co/EzH65pWoMI
Sen. Elizabeth Warren wants a new tax on AI data centers to fund universal healthcare, but experts warn it won’t cover the $4T price tag and will just crush American innovation
.@SecScottBessent: "This Administration's been very clear. There will be no Central Bank Digital Currency, which I think would be the first step toward tracking... the most important thing we could do is to make digital assets come into the United States."
Washington is trying to fix college sports chaos.
A new bipartisan bill aims to break the congressional logjam by introducing:
* Regulated payments to players
* A limit of one “free” transfer per career
* A “Lane Kiffin Rule” restricting coaches from moving mid-season
#trending #sports #fox #business #money
JUST IN: 🇺🇸 Fox Business reports the 'Trump Administration is officially opening the door to make purchasing a home with Bitcoin the real estate norm.' 👀
A $4.2 million house was bought with bitcoin — and the sale closed faster than some traditional deals 🤯