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Fed Governor Barr flags potential Bitcoin loophole in GENIUS Act

Key Takeaways The inclusion of assets authorized by foreign governments in the GENIUS Act could enable Bitcoin repo holdings. Barr emphasized the necessity of strong regulatory frameworks to ensure stablecoins can safely benefit the financial system. Share this article Federal Reserve Governor Michael Barr said today that under the GENIUS Act, stablecoin issuers could argue … Read more

Billionaire governor of Illinois reveals in tax return that he won a $1.4 million jackpot in Las Vegas

It figures that a billionaire would win big in Las Vegas. Illinois Gov. JB Pritzker reported a gambling windfall of $1.4 million on his federal tax return this week. The two-term Democrat, often mentioned as a 2028 presidential candidate, told reporters in Chicago on Thursday that he drew charmed hands in blackjack during a vacation with … Read more

Texas governor reveals reason for special working relationship with Trump

NEWYou can now listen to Fox News articles! In an interview with Fox News Digital, Texas Republican Gov. Greg Abbott, whose National Guard troops were recently deployed in support of ICE operations in Chicago, revealed the “substantive reason” why he has such a good working relationship with the president: “We both believe in the rule … Read more

Jay Jones murder texts dominate Virginia governor debate in his hometown

NEWYou can now listen to Fox News articles! HAMPTON ROADS, Va. – The scandal over Virginia Democratic attorney general nominee Jay Jones’ texts envisioning the murder of a rival overshadowed the state’s top-of-the-ticket race as Lt. Gov. Winsome Earle-Sears and Abigail Spanberger descended on Jones’ backyard in Hampton Roads, Virginia, for their gubernatorial bout Thursday.  … Read more

North Carolina governor signs Iryna’s Law despite criticisms of Republican bill

NEWYou can now listen to Fox News articles! North Carolina Gov. Josh Stein on Friday signed “Iryna’s Law,” which increases checks on criminals getting out on bail and prohibits cashless bail for some violent crimes and most repeat offenders following the stabbing death of a Ukrainian refugee on a Charlotte light-rail train in August.  Stein, … Read more

Bank of England Governor Signals Major Shift on Stablecoins: Could Transform UK’s Financial System

Andrew Bailey, the Bank of England (BoE) Governor has dramatically softened his stance on stabelcoins. Talking to the Financial Times on 1 October 2025, Bailey said that it would be  “wrong to be against stablecoins as a matter of principle.” Stablecoins are digital tokens designed to maintain a stable value by being pegged to traditional … Read more

Supreme Court lets Fed Governor Lisa Cook keep job pending oral argument

Lisa Cook, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Al Drago | Bloomberg | Getty Images The Supreme Court on Wednesday allowed Federal Reserve Governor Lisa Cook to remain in her post pending oral arguments in January on whether President Donald Trump … Read more

BOE governor suggests stablecoins could alter financial system

Key Takeaways Bank of England Governor Andrew Bailey stated that stablecoins could change how the financial system operates, particularly in lending models. Stablecoins may reduce traditional banks’ reliance on deposit-based lending. Share this article Bank of England Governor Andrew Bailey suggested today that stablecoins, digital assets pegged to fiat currencies, could alter the financial system … Read more

California Governor Gavin Newsom signs landmark AI safety law SB 53

California has taken a significant step toward regulating artificial intelligence with Gov. Gavin Newsom signing a new state law that will require major AI companies, many of which are headquartered in the state, to publicly disclose how they plan to mitigate the potentially catastrophic risks posed by advanced AI models. The law also creates mechanisms … Read more

Democratic New Jersey mayor backs Republican Ciattarelli for governor

NEWYou can now listen to Fox News articles! A New Jersey Democratic mayor is breaking with his party to support Republican Jack Ciattarelli in the heated race for governor.  Dover Mayor James P. Dodd said he is backing Ciattarelli, who is endorsed by President Donald Trump, due to rising taxes, sanctuary city policies and what … Read more

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