Now, as a leak reveals Russia could beat the U.S. to a bitcoin reserve, Trump has been pitched a "capital markets renaissance fueled" by bitcoin to "unlock trillions in wealth" by MicroStrategy founder Michael Saylor.
Trump’s ability to project strength and assure voters that he would reduce inflation helped him win November’s election. Stocks initially climbed on the prospect of tax and regulatory cuts, but Trump still faces a skeptical public and appears to be starting his presidency from a more delicate position than Biden did four years ago.
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?
Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him, sources said, the latest sign that a conflict might be looming between the incoming administration and the central bank.
Bitcoin is headed toward its first weekly decline since Donald Trump’s victory in last month’s US election as a cautious Federal Reserve policy outlook tempers optimism sparked by the president-elect’s embrace of the crypto sector.
WASHINGTON — President-elect Donald Trump campaigned on the promise that his policies ... Trump could point a finger at the Federal Reserve, and in particular at its chair, Jerome Powell, whom Trump himself nominated to lead the Fed.
Donald Trump wants to have a greater say on interest rates. WSJ’s Nick Timiraos and former Fed Vice Chairman Richard Clarida explain how much influence he’ll have over the Federal Reserve as president.
Trump named Mark Burnett as his pick for special envoy to the U.K., noting Burnett’s career as a producer for shows like “Survivor,” “Shark Tank,” “The Voice” and Trump’s “The Apprentice” in announcing the choice. Burnett is the former chairman of MGM and a 13-time Emmy Award winner.
President-elect Donald Trump’s favorite barometer of his success — the stock market — had been humming since his reelection. Business-friendly promises of deregulation and tax cuts got investors excited with anticipation of unlocked profit and easy money.
President-elect Donald Trump has named Miran, a former adviser in his first administration, to chair the Council of Economic Advisers.
Bitcoin hit a record high above $107,000 Monday after President-elect Donald Trump reiterated plans to create a U.S. bitcoin strategic reserve.
The Fed's third consecutive rate cut on December 18, paired with a slower monetary easing outlook, curbed inflationary concerns but rattled global stocks. This hawkish shift dampened crypto market optimism fueled by Trump’s pro-Bitcoin stance,