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American Bankers Attempt Last Ditch Effort To Kill Crypto Market Structure Bill Regarding Stablecoins
American Bankers Attempt Last Ditch Effort To Kill Crypto Market Structure Bill Regarding Stablecoins
American Bankers Association (ABA) CEO Rob Nichols sent an emergency Sunday letter to every bank CEO in the country, urging “immediate engagement” against what he called a stablecoin yield loophole in the Digital Asset Market Clarity Act, days before a Senate Banking Committee markup scheduled for Thursday.
The letter, dated May 11 — Mother’s Day — and addressed to ABA member bank CEOs, asked bank leaders to contact their senators and mobilize their employees to do the same before...
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May 7, 2026 / Tyler Durden
The Democratic Party Is Dead, Long Live The Jacobins!
The Democratic Party Is Dead, Long Live The Jacobins!
Authored by Victor Davis Hanson via American Greatness,
For the past century, the agendas of the Democratic Party were predictable. They professed concern for working Americans and supported blue-collar unions.
Unemployment insurance, a 40-hour work week, disability insurance, and Social Security were their trademarks—often rapidly achieved by growing government bureaucracies and continually raising taxes. Still, many Democrats were socially conservative.
By the 1970s, Democrats still deplored antisemitism. Party officials had rejected their own segregationists to champion civil rights.
Presidents like Franklin Roosevelt, Harry Truman, and...
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Mar 24, 2026 / Tyler Durden
"Emergencies" Requiring Coal Plants To Stay Open Need Not Be Imminent, DOE Tells Court
"Emergencies" Requiring Coal Plants To Stay Open Need Not Be Imminent, DOE Tells Court
By Ethan Howland of UtilityDive
The U.S. Department of Energy’s secretary has broad authority under the Federal Power Act to declare emergencies to keep power plants from retiring, and those emergencies don’t have to be imminent, DOE told a federal appeals court last week in response to challenges over its orders keeping a Michigan coal plant online.
“The statute’s text grants the Secretary discretion to determine that an emergency exists,” DOE said in a March 17 brief...
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Apr 23, 2026 / Jason Ditz
Three More Killed in Israeli Strikes as US Says Lebanon ‘Ceasefire’ Extended Three Weeks
The 10-day ceasefire between Israel and Lebanon has been extended for another three weeks, according to President Trump who said high-profile meetings in the Oval Office went “very well” and ended with a plan for Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun to meet in the coming weeks. Israeli FM Gideon Saar […]
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