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European firms still face challenges in securing access to crucial rare earths from China, a business lobby warned Wednesday, despite a July deal to speed up exports. China dominates the global industry for extracting and refining the strategic minerals, giving it vital leverage in a renewed trade war this year with Washington. Since April, Beijing … Read more
A bloc of 112 companies and advocacy groups informed Senate committees that their support for pivotal market structure legislation is entirely contingent on robust, explicit safeguards for software developers, framing it as a dealbreaker. Summary 112 crypto firms and advocacy groups told Senate committees their support for a market structure bill depends on explicit developer … Read more
Brian Quintenz has the backing of nearly every major digital asset trade group in Washington. Their coordinated push for his confirmation as the next CFTC chair is a direct response to whispered opposition and twice-cancelled committee votes. Summary Seven major crypto lobbying groups urged President Trump to push Brian Quintenz’s stalled CFTC chair nomination. The … Read more
American fund managers are lobbying Congress over a provision tucked inside President Donald Trump’s tax bill that they say could lead to foreign investors “quickly” pulling investments out of the U.S. The “One Big Beautiful Bill Act,” which passed through the U.S. House of Representatives in May, aims to penalize foreign-owned firms operating in the … Read more
When Donald Trump embraced blockchain technology during his presidential campaign, the crypto industry celebrated that they finally had an ally running for the top U.S. office. They didn’t expect to also get a competitor. On Thursday, the President will host a “Gala Dinner” for the top 220 holders of his $TRUMP memecoin at his golf … Read more
Jamell Harris loads raw casting heads to be manufactured at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images DETROIT – Six of the top policy groups representing the U.S. automotive industry are uncharacteristically joining forces to lobby the Trump administration against 25% tariffs on auto parts … Read more
Small businesses could be crushed under President Trump’s increased tariffs, according to an open letter by 38 female consumer product founders. While Trump paused his tariff increases for 90 days for various countries – setting the rate at 10% for now – China’s was raised to 145%, which includes the previous 20% levy. In the … Read more
Tesla CEO Elon Musk looks on next to U.S. President Donald Trump talking to the media, at the White House in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | Reuters Two companies led by billionaire DOGE chief Elon Musk — SpaceX and Tesla — have submitted letters lobbying the U.S. trade representative on Trump … Read more
Sam Bankman-Fried, disgraced FTX founder turned inmate, resurfaces not for his billion-dollar fraud but for courting Donald Trump and the GOP. Serving 25 years for collapsing an $8 billion crypto empire, he’s now angling for a presidential pardon—an audacious pivot for someone who once kept the Republican Party at arm’s length. – Price Market Cap … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Rachel Reeves will on Wednesday be urged to rip up rules that hinder the recruitment of foreign talent by financial groups, as the City of London joins calls for a more open approach … Read more
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