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Top Crypto Economy News

Divided Fed approves third rate cut this year, sees slower pace ahead — REUTERS / FBi345

Federal Reserve · United States

Divided Fed approves third rate cut this year, sees slower pace ahead

46% Center coverage: 178 sources

A Federal Reserve split over where its priorities should lie lowered its key interest rate Wednesday, but signaled a tougher road ahead for further reductions. Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee cut its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%.See the Story

Treasury Secretary Bessent calls for looser regulations for the U.S. financial system — Alex Wong/Getty Images via Getty Images

Scott Bessent · United States

Treasury Secretary Bessent calls for looser regulations for the U.S. financial system

57% Center coverage: 57 sources

U.S. Treasury Secretary Scott Bessent is proposing to overhaul a regulatory panel that monitors the nation’s financial stability, by advocating for looser regulations.See the Story

Ripple Wins Conditional OCC Approval for U.S. Trust Bank

Cryptocurrency · United States

Ripple Wins Conditional OCC Approval for U.S. Trust Bank

The post Ripple Wins Conditional OCC Approval for U.S. Trust Bank appeared on BitcoinEthereumNews.com. OCC grants Ripple preliminary approval to charter a national trust bank. Stuart Alderoty says the decision reflects Ripple’s compliance-first strategy. Brad Garlinghouse points to federal oversight amid banking industry pushback. Ripple has received conditional approval to form a national trust bank in the United States. Reacting to the news, C…See the Story

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