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U.S. Rep. Elise Stefanik, a close Republican ally of President Donald Trump, announced Friday that she’s running for governor of New York, a place she depicted in a campaign launch video as being “in ashes” because of lawlessness and a high cost of living. In her video, a narrator declares “The Empire State has fallen” as … Read more
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
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
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
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
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
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
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
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 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
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