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View More NewsOver a decade ago, Sen. John Fetterman (D–Pa.) looked like the future of Bernie Sanders–style populism, championing higher minimum wages, criminal justice reform, and social welfare spending. After 13 years as mayor of deeply impoverished Braddock, Pennsylvania, and then a term as the state’s lieutenant governor, he won his Senate seat in 2022. Since coming to Washington, Fetterman has charted a unique path. He routinely criticizes his own party for “catering to the fringe and agitated parts of our base,” accuses fellow Democrats of Trump Derangement Syndrome, and praises capitalism as the one system that has consistently improved living standards. In…
In brief Senate Democrats called for hearings into President Trump’s crypto holdings after disclosures showed over $1.2 billion in crypto-related income. The lawmakers cited potential conflicts of interest, foreign influence, and Trump’s role in shaping crypto policy. The push comes as the Clarity Act remains stalled over ethics provisions targeting Trump’s crypto ventures. Democratic senators are calling for congressional hearings into President Donald Trump’s crypto holdings after new financial disclosures revealed they generated over $1.2 billion in income for him last year.Five Senate Democrats—Elizabeth Warren (D-MA), Richard Blumenthal (D-CT), Gary Peters (D-MI), Dick Durbin (D-IL), and Ron Wyden (D-OR)—said the…
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A review of Love and Terror: The Helter-Skelter History of the Manson Murders by Claudia Verhoeven; 384 pages; Verso (May 2026)Although the True Crime genre of publishing and documentary television is replete with accounts of murderous spouses, serial killers, Mafia wars, and financial scams, rarely do the subjects transcend the headline immediacy of police procedurals to deliver the long-term import of critical analysis. The Victorian predator Jack the Ripper and the Depression-era exploits of Bonnie and Clyde are two such exceptions; a third is the countercultural carnage wrought by the Manson family. As such, Claudia Verhoeven’s new book Love and Terror: The Helter-Skelter History…
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Crypto’s infrastructure is starting to look a lot more like traditional finance. New data from Dune shows that the world’s stablecoin leaders — Tether’s…
In brief Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal framework. The…
In my first weeks as Executive Director of EFF, I’ve been reminded every day how consequential this moment is in determining what kind of…
Bitcoin BTC$64,035.60 is trading around $64,000, marking 307 days within the $60,000- $70,000 range. The consolidation range is now the third longest period spent…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading…
Republicans in the US House of Representatives are moving to add prediction market restrictions to a stalled congressional stock trading ban, as lawmakers scrutinize…
In brief The UK’s Financial Conduct Authority has listed Hyperliquid and Hyper Foundation as unauthorized. CME’s chief warned that crypto perps could be a…
from the bad-faith-bullshit dept Paramount is clearly getting nervous about the growing opposition to its $111 billion merger with Warner Brothers, which is being…
From Judge David Leibowitz (S.D. Fla.) in Mosler v. Wagner; plaintiff Warren Mosler is a hedge fund executive, author on economics, luxury sports car…
The Committee to Protect Journalists is deeply concerned by jailed Iranian-American journalist Reza Valizadeh’s latest harrowing report of physical pressure, psychological abuse, and the…
The U.S. economy added 172,000 jobs in May, nearly double economists’ expectations, strengthening the case for Federal Reserve rate hikes this year.The unemployment rate…
South Korean police have reportedly launched the country’s first illegal gambling probe into local Polymarket users, widening regulatory scrutiny of the decentralized prediction market.The…