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Bank Lobby Fires Back At White House, Saying Stablecoin Study Ignores Community Bank Threat

Bank Lobby Fires Back At White House, Saying Stablecoin Study Ignores Community Bank Threat Authored by Micah Zimmerman via BitcoinMagazine.com, The American Bankers Association is warning that the White House’s latest stablecoin study is asking the wrong question and underestimating the threat to community banks. On April 8, the Council of Economic Advisers released a 21‑page paper modeling what happens if payment stablecoin issuers are barred from paying yield. The analysis, tied to the 2025 GENIUS Act’s prohibition on interest for payment stablecoins, finds that banning yield would raise bank lending by only about 2.1 billion...
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Apr 13, 2026 / Tyler Durden
Buried For 7 Years: Declassified Transcripts Blow Up Trump Impeachment Story
Buried For 7 Years: Declassified Transcripts Blow Up Trump Impeachment Story In a long-awaited release that sent ripples through Washington on Monday, the House Permanent Select Committee on Intelligence (HPSCI) has declassified closed-door 2019 transcripts from briefings with then-Intelligence Community Inspector General (ICIG) Michael Atkinson. The documents, withheld from the public for over seven years, reveal critical details about the anonymous “whistleblower” whose complaint about President Trump's phone call with Ukrainian President Volodymyr Zelensky triggered Trump's first impeachment - details that directly contradict the narrative of a neutral, non-partisan civil...
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Sep 11, 2026 / Tyler Durden
Now They Think Babies Can Be Racist...
Now They Think Babies Can Be Racist... Authored by Steve Watson via Modernity News, A woman sat in front of a camera this week and told the internet she had witnessed a "racist baby"... Not a joke account. Not a sketch. A straight-faced lecture about an infant who looked at someone for a few seconds - and, in her telling, revealed the original sin of race hatred barely out of the womb. The woman declares that "watching children mirror racist behavior is WILD." She describes a baby staring at her 'friend of colour',...
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Apr 2, 2026 / Tyler Durden
US Defense Stocks Take Epic Fury Beating, Leaving UBS Asking Why
US Defense Stocks Take Epic Fury Beating, Leaving UBS Asking Why Despite the launch of Operation Epic Fury against Iran in late February, U.S. defense stocks have moved lower rather than higher, prompting a UBS analyst to pen a note to clients this week attempting to answer why the makers of missiles and tanks failed to sustain a wartime rally. Analyst Allyson Gordon asked the question: "Why Is US Defense Performance Lackluster?"  Let's start with iShares U.S. Aerospace & Defense ETF, or ITA, a basket of major U.S. defense firms. ITA caught...
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