Trump Signs 2 Executive Orders That Could Boost Crypto Markets

Two sweeping executive orders promise to transform U.S. finance, with President Donald Trump fortifying banking freedoms and unlocking cryptocurrency access in retirement accounts for millions seeking greater diversification and financial independence. 2 Executive Orders Could Reshape US Finance With Banking Protections and Crypto in Retirement White House crypto czar David Sacks highlighted on Aug. 7 … Read more

Trump Bans Debanking, Citing ‘Digital Asset Industry’ Targeting

President Donald Trump signed an executive order Thursday prohibiting federal regulators from enabling financial institutions to deny services based on political beliefs, religious beliefs, or lawful business activities such as crypto services. White House: ‘The Trump Administration Has Already Ended Operation Chokepoint 2.0’ According to the Fact Sheet release, the order directs federal banking regulators … Read more

‘Make America Wealthy Again’ — Trump Executive Order Opens 401(k)s to Bitcoin

President Donald Trump signed an executive order on Aug. 7 directing federal agencies to enable 401(k) and similar retirement plans to offer investments in alternative assets, including cryptocurrencies like bitcoin. Since the announcement, BTC has spiked comfortably above the $117,000 range. Regulations on 401(k) Alternative Assets Face Overhaul After Order The order instructs the Secretary … Read more

Bank of America Addresses Debanking Claims, Backing Regulatory Reform

Bank of America’s CEO has backed fixing banking rules amid uproar over U.S. President Donald Trump’s debanking claims, as the crypto industry warns regulatory overreach is quietly choking financial access. Bank of America CEO Backs Rulebook Fix as Trump’s $1B Claim Sparks Uproar Bank of America CEO Brian Moynihan responded to explosive claims made by … Read more

Talks of a New Fed Chair Heat up After Fed Governor Adriana Kugler Quits

The governor submitted her letter of resignation to U.S. President Donald Trump on Friday and will leave the central bank effective Aug. 8. Fed Leadership Shuffle Looms After Surprise Kugler Resignation Federal Reserve Governor Adriana Kugler has parted ways with the central bank just shy of her two-year anniversary with the agency, after handing U.S. … Read more

Trump Boosts American Eagle Shares With Praise to Sydney Sweeney 

Twelve days after actress Sydney Sweeney’s denim campaign gave American Eagle Outfitters stock a lift, shares have climbed yet again—this time fueled by U.S. President Donald Trump giving Sweeney’s ad his stamp of approval. American Eagle Stock Pops After Trump Backs Sweeney’s Denim Campaign Sydney Sweeney’s denim ads made waves, sending American Eagle Outfitters stock … Read more

Report: Trump’s Draft Executive Order Would Fine Banks Over Bias Against Crypto Firms, Conservatives

The Wall Street Journal reports that President Donald Trump has allegedly prepared a draft executive order warning banking regulators and financial institutions that they could face disciplinary action if they discriminate against conservatives or crypto companies. An Alleged Executive Order Puts Banks on Notice Over Political, Crypto Bias A Wall Street Journal (WSJ) exclusive report … Read more

Trump Fires Commissioner of Labor Statistics Erika McEntarfer

The commissioner was fired after a weaker-than-expected July jobs report, which also contained significant downward revisions for the two months prior. McEntarfer Out: Trump Gives the Boot to Labor Statistics Commissioner U.S. President Donald Trump wasted no time firing Bureau of Labor Statistics Commissioner (BLS) Erika McEntarfer on Friday after a disappointing jobs report sent … Read more

Prediction Markets and CME Fedwatch Data Place Sky-High Odds on Fed Rate Cut for September

Amid the pressure President Trump has been piling on Federal Reserve Chair Jerome Powell, traders are now leaning heavily toward the idea of a small rate trim. CME’s Fedwatch data shows an 85.7% probability that a quarter-point cut is on the horizon, making it the clear favorite in the market’s playbook. Kalshi, Polymarket, and Wall … Read more