In an alternate universe, President Donald Trump would be heading into the midterms relentlessly touting his stewardship of a strong economy with results that include historically low unemployment, solid economic growth, sky-high enthusiasm among small businesses and shattered records for…
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New York AG raises flags over cryptocurrency manipulation
The New York State attorney general’s office has referred three cryptocurrency exchanges to the state’s financial regulator for possible legal action and raised concerns over price manipulation and conflicts of interest on trading platforms. In a report on virtual currencies released Tuesday…
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Warren slams Mulvaney for donor meeting
Sen. Elizabeth Warren (D-Mass.) suggested Wednesday that Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, may have violated federal law by speaking to a group of donors, in the latest of a series of stinging letters to the…
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Fannie Mae legal counsel Brooks joins largest cryptocurrency exchange
Brian Brooks, Fannie Mae’s top lawyer and a onetime colleague of Treasury Secretary Steven Mnuchin, has been hired as chief legal counsel for Coinbase, the country’s largest cryptocurrency exchange. Coinbase CEO Brian Armstrong today announced the hiring of Brooks, who…
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Trump set to tap former top Fed aide to central bank’s board
President Donald Trump announced he intends to nominate Nellie Liang, a 31-year veteran of the Federal Reserve staff, to an open seat on the central bank’s board. Liang, a Ph.D. economist and reportedly a registered Democrat, was the first head…
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