Treasury

Update 866: GENIUS Fails Senate Test

May 12, 2025 | Cryptocurrency, Fiscal Policy, Hearings, Reconciliation, The Fed, Treasury, Update, Weekly Round Up

Update 866 – GENIUS Fails Senate Test;Reconciliation Faces Test next Tuesday Yesterday, after trying to muscle Democrats into moving forward with the first major piece of crypto legislation this Congress, Senate Majority Leader John Thune faced an embarrassing setback when the GENIUS Act failed to get cloture, falling short by a surprisingly wide margin. The …

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Update 863: A Tariffying 100 Days

May 5, 2025 | CFPB, DOGE, FDIC, Markets, NCUA, OCC, POTUS, Reconciliation, SEC, Tariffs, Taxes, The Fed, Trade, Treasury, Update

Update 863 – A Tariffying 100 Days:GDP, Markets, Polling All in Retreat Yesterday marked 100 days since Trump began his second term, a period marked by chaotic and unpredictable shifts in economic policy and a prioritization of Wall Street and the wealthy at the expense of everyday people. His administration, with acquiescence by congressional Republicans, …

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