Senator Tim Scott criticized Federal Reserve Chair Jerome Powell for deciding to remain on the Fed's Board of Governors after his term as chair ends, breaking a 75-year precedent where former chairs leave the board. Powell's continued presence blocks President Trump from gaining a majority on the board, as Powell's term as chair ends May 15 but he could serve on the board until 2028. This decision comes amid tensions between Powell and Trump, including an investigation into Fed cost overruns and Powell's congressional testimony. The Senate is expected to vote soon on Powell's successor, Kevin Warsh, after the investigation was dropped by federal prosecutors, clearing a political hurdle for Warsh's nomination.
President Donald Trump stated that negotiations with Iran over its nuclear program are proceeding in an orderly and constructive manner. He emphasized the need for patience and warned against rushing the deal, maintaining the U.S. naval blockade on I...
Strategy holds about 843,768 Bitcoin with an average cost near $75,700 per BTC and has added over 171,000 Bitcoin in 2026, surpassing new miner supply. Michael Saylor's recent "BitVac is charging" post sparked speculation of further Bitcoin purchases...
This week, crypto markets experienced high volatility with notable rallies in altcoins like Audiera (BEAT), NEAR Protocol, and Hyperliquid (HYPE), which saw gains of over 100%, 60%, and 35% respectively. These moves were driven by momentum shifts, te...
Google Cloud COO Francis de Souza advises companies to embed security into their AI strategies from the beginning, warning against the risks of 'shadow AI' and outdated defenses. He highlights the rapid evolution of cyber threats, with attacks now pr...
Nakamoto Inc., a Bitcoin treasury company, has explained why it retains a Chief Medical Officer despite criticism. The role remains because Nakamoto merged with KindlyMD, a healthcare provider, and maintaining this medical staff helps meet Nasdaq lis...
