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Senate Confirms Kevin Warsh As Fed Chair In Most Partisan Vote Ever
Senate Confirms Kevin Warsh As Fed Chair In Most Partisan Vote Ever
Update: In a largely party-line vote, the U.S. Senate on Wednesday confirmed President Donald Trump’s nominee Kevin Warsh to a 14-year term as the next Chair of the Federal Reserve, succeeding Jerome Powell whose term as chair ends this Friday.
The 54-45 vote was the slimmest confirmation margin ever for a head of a central bank, reflecting fears that he'll be Trump's puppet.
Trump has made no secret that he expects rates to lower under Warsh after repeatedly slamming Powell for monetary policy Trump feels is...
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May 11, 2026 / Tyler Durden
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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Feb 17, 2026 / Dave DeCamp
USS Gerald Ford Crossing the Atlantic Ocean as US Continues Major Mideast Buildup to Prepare for Attack on Iran
The aircraft carrier USS Gerald Ford and its strike group are crossing the Atlantic Ocean and heading toward the Middle East, a US Navy official told USNI News on Tuesday, as the US continues its massive military buildup in the region to prepare for a potential attack on Iran. The Ford left the Caribbean after […]
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May 15, 2026 / Tyler Durden
SpaceX Reportedly Chooses Nasdaq And "SPCX" Ticker For Mega IPO
SpaceX Reportedly Chooses Nasdaq And "SPCX" Ticker For Mega IPO
Elon Musk's rocket company, SpaceX, has reportedly selected Nasdaq for its long-awaited IPO and is targeting a June 11 pricing, followed by a June 12 debut under the ticker "SPCX," according to a Reuters report released late in Friday's U.S. cash session.
Immediately after the report, odds for "SPCX" on the Polymarket bet, "What will SpaceX's public ticker be?" soared to nearly 100%.
Will SpaceX's public ticker be another ticker?
Yes 97% · No 3%View full market & trade on PolymarketIn April,...
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