David Hollerith
Senior Reporter at Yahoo Finance
Banking, finance and crypto coverage for @YahooFinance
Articles
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2 weeks ago |
sg.finance.yahoo.com | David Hollerith
Updated Fri, 23 May 2025, 12:22 pm 5 min read In this article: President Trump hosted an exclusive dinner Thursday night for the 220 biggest buyers of his $TRUMP (TRUMP-OFFICIAL-USD) meme coin, an event that stirred controversy in the nation's capital during a pivotal moment for the crypto world. “The past administration made your lives miserable,” Mr. Trump told the dinner guests, according to account from The New York Times.
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2 weeks ago |
ca.finance.yahoo.com | David Hollerith
President Trump hosted an exclusive dinner Thursday night for the 220 biggest buyers of his $TRUMP (TRUMP-OFFICIAL-USD) meme coin, an event that stirred controversy in the nation's capital during a pivotal moment for the crypto world. “The past administration made your lives miserable,” Mr. Trump told the dinner guests, according to account from the New York Times.
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2 weeks ago |
ca.finance.yahoo.com | David Hollerith
President Trump will host an exclusive dinner Thursday night for the 220 biggest buyers of his $TRUMP (TRUMP-OFFICIAL-USD) memecoin, an event that is stirring controversy in the nation's capital during a pivotal moment for the crypto world. The highly publicized event at his private Virginia golf club is the source of widespread unease among Democrats, who are holding a press conference Thursday to highlight their conflict of interest concerns, and even some GOP lawmakers.
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2 weeks ago |
sg.finance.yahoo.com | David Hollerith
President Trump just signaled he may loosen the federal government's grip on mortgage giants Freddie Mac (FMCC) and Fannie Mae (FNMA), which would end one of the oldest fights on Wall Street. "I’m giving very serious consideration to bringing Fannie Mae and Freddie Mac public," Trump wrote in a Truth Social post Wednesday evening. Fannie and Freddie each play central roles in the US housing market, by purchasing mortgages from lenders and repackaging them as securities.
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2 weeks ago |
ca.finance.yahoo.com | David Hollerith
Coinbase Global (COIN) often touts how it is "building the financial system of the future," but last week the cryptocurrency exchange made a disclosure that highlighted how vulnerable it was to a very old-fashioned form of crime: bribery. Cyberattackers accessed names, addresses, government-ID imagery, transaction history, and account balances of customers comprising less than 1% of its monthly transacting users, Coinbase said, and demanded a ransom payment of $20 million.
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New guidance.
OCC-regulated banks may buy and sell assets held in custody and are permitted to outsource bank-permissible crypto-asset activities, including custody and execution services. https://t.co/0ScQdgNaS6 https://t.co/J5dEkx4WUL
OCC has officially given a green light to crypto trading and custody at national banks. The regulators clarified in a letter published today that national banks and federal savings associations "may buy and sell crypto assets held in custody at a customer's direction." They
you definitely don't wanna be a suitcase banker right now, that's for sure.
