Legislation to establish a regulatory framework for digital tokens has been thrown into turmoil — by one of its biggest champions.
Category: Scott, Timothy Eugene
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What Did Trump’s Hard-Hat Tour of the Fed Accomplish?
The president wanted to take Jerome Powell, the Fed chair, to task over the cost of renovations to the central bank’s headquarters, but Mr. Powell was having none of it.
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What Is ‘Debanking’? How the Right to a Bank Account Became Political.
There is a degree of political agreement over so-called debanking, but no easy answers to the hot topic in Washington.
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After New Hamphire, Business Braces for a Trump Nomination
Donald Trump cruised to victory in the state’s Republican primary, leaving anti-Trump donors and others to grapple with the reality of a near-certain nomination.
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Tim Scott, Who Supports Aid to Israel and Ukraine, Opposes a Package With Both
The South Carolina senator and 2024 presidential candidate said a “longer process” was needed to determine how much aid to send to Ukraine, while Israel demanded immediate attention.
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Do Legacy Admissions Policies Have a Future?
Critics have accused them of boosting white, wealthy college applicants. But elite schools like Harvard may be reluctant to shut a source of alumni cash.
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An A.I.-Generated Picture Stokes a Stock Market Plunge
A stock sell-off driven by a since-debunked picture underscored fears about how artificial intelligence could be used for nefarious purposes with big consequences.
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Shares in First Republic and Others Rise After Federal Bank Rescue
The New York Times – Business:First Republic, Western Alliance and PacWest Bancorp shares were set to rise on Tuesday after one of the industry’s worst stock routs in years.