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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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Nov 7, 2026 / Tyler Durden
Quo Vadis, AI? Study Suggests AI Use Makes Us Lazier And Less Intelligent
Quo Vadis, AI? Study Suggests AI Use Makes Us Lazier And Less Intelligent Authored by Walker Larson via The Epoch Times,The Oxford word of the year in 2024 was "brain rot," due to a 230 percent increase in usage of the term between 2023 and 2024. The moniker reflected a collective sense - already on the rise in 2023 - that our heavy use of digital technology has corroded our ability to think. Kirill Kudryavtsev/AFP via Getty Images Now, in the futuristic era of artificial intelligence known as 2026, brain rot has...
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Jul 11, 2026 / Tyler Durden
Rubio Convenes 60-Nation Summit To Confront Transnational Far-Left Terrorism
Rubio Convenes 60-Nation Summit To Confront Transnational Far-Left Terrorism Secretary of State Marco Rubio has requested that senior officials from more than 60 countries convene in Washington next Thursday to discuss the alarming rise of transnational far-left terrorism, according to a Washington Post report. The State Department confirmed the meeting in a post on X Friday afternoon titled, "Secretary of State Marco Rubio Is Setting His Sights on Antifa." .@NEWSMAX: "Secretary of State Marco Rubio is setting his sights on Antifa." pic.twitter.com/dHZvcpFrHf — Department of State (@StateDept) July 10, 2026 State Department spokesman...
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May 5, 2026 / Tyler Durden
Germany's Silent Shift: From Entrepreneurs To State Dependence
Germany's Silent Shift: From Entrepreneurs To State Dependence Submitted by Thomas Kolbe Germany affords itself a state bureaucracy that functions like an artificial labor market placed upstream of the private sector. The flight of hundreds of thousands into the arms of the state corresponds with the shrinking number of self-employed in the country. And policymakers are actively promoting this trend. Let us begin with a piece of good news: according to a Bertelsmann survey, around 40 percent of Germans aged 15 to 25 can imagine starting a business as their personal life...
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