The move was to highlight the launch of Trump investments for infants born during President Trump’s second term. President Donald Trump symbolically rang a bell in the Oval…
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Trump Accounts Officially Launch on Independence Day
The individual retirement accounts are for eligible children born from 2025 through 2028. Trump Accounts officially launch on Saturday, July 4. The pilot program was instituted under the…
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Treasury Launches AI Innovation Series for Financial System Oversight
The initiative brings regulators and industry together to examine artificial intelligence in financial services. The Financial Stability Oversight Council (FSOC) and the Treasury Department’s Artificial Intelligence Transformation Office…
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House Panel Advances Bill to Prohibit Stock Trading by Members of Congress
The bill is expected to be moved quickly to the full House for a vote. The House Administration Committee advanced legislation this week that is intended to prohibit…
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Federal Grand Jury Indicts Hong Kong Businessman for False SEC Filings
Federal prosecutors say shell companies and false SEC filings were used to promote stock purchases that led to major investor losses U.S. authorities charged a Hong Kong resident…
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Federal Reserve Lowers Interest Rates Slightly as Unemployment Increases
Chairman Powell says no paths are “risk-free,” and that the correct move is “not incredibly obvious.” The Federal Reserve lowered interest rates by a quarter of a percentage…
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“Trump Accounts” Propose Long-Term Savings for U.S Children
The plan includes government seed deposits, parent and employer contributions, and stock-based investments. The Council of Economic Advisers has outlined a proposal under the One, Big, Beautiful Bill…
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President Trump Responds to Federal Court Ruling on Tariffs
He says, “It would be a total disaster” if the tariffs were lifted. President Donald Trump indicated this week that the recent drop in the stock market was…
Read MoreSEC Launches AI Task Force to Modernize Oversight and Operations
New Chief AI Officer Valerie Szczepanik to lead agency-wide effort to integrate artificial intelligence responsibly and effectively. The U.S. Securities and Exchange Commission (SEC) has established an AI…
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President Proposes Savings Plans to Encourage U.S. Births
CEOs attended a roundtable to support a seed index of $1,000 for each newborn if “Big, Beautiful Bill” passes. President Donald Trump proposed a savings account plan for…
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