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US Expects Europe to Fund Ukraine Aid, Hegseth Tells Senate Committee
Developing
Politics·4/30/2026AI summary

US Expects Europe to Fund Ukraine Aid, Hegseth Tells Senate Committee

US Secretary of War Pete Hegseth told the Senate Armed Services Committee that the Trump administration expects European countries to fund aid for Ukraine, calling it 'exactly what the American people want to see.' Responding to Senator Angus King's question about why the US is 'abandoning Ukraine,' Hegseth pointed to a chart showing decreased US military aid and expanded EU funding, stating Europe 'should pay for it' as the threat is 'far closer' to the continent.

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Kevin Warsh Fed Nomination Faces Senate Hurdles Over DOJ Investigation, Rate Policy Questions
Developing
Politics·4/21/2026AI summary

Kevin Warsh Fed Nomination Faces Senate Hurdles Over DOJ Investigation, Rate Policy Questions

Kevin Warsh, President Trump's nominee for Federal Reserve chair, faces a contentious Senate confirmation process. Sen. Thom Tillis (R-N.C.) plans to block the vote until the DOJ drops its investigation into the Fed, which critics say is a pressure campaign to lower interest rates. Warsh will also face questions about his previous hawkish stance on rates versus his recent support for cuts tied to AI productivity gains, with Sen. Elizabeth Warren calling him the "sock puppet in chief."

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NPR Business
Kevin Warsh Faces Confirmation Fight Over Fed Nomination Amid DOJ Investigation Controversy
Developing
Politics·4/21/2026AI summary

Kevin Warsh Faces Confirmation Fight Over Fed Nomination Amid DOJ Investigation Controversy

Kevin Warsh, President Trump's nominee for Federal Reserve chair, faced a Senate confirmation hearing Tuesday amid controversy. GOP Sen. Thom Tillis is blocking the vote until the DOJ drops its investigation into the Fed and Chairman Jerome Powell. Warsh, formerly a rate hawk, now supports lowering interest rates, drawing criticism from Democrats who fear he'll bow to Trump political pressure. The 12-member rate-setting committee remains reluctant to cut rates until inflation approaches 2%, complicated by Iran conflict and rising gasoline prices.

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NPR News
Kevin Warsh Fed Nomination Faces Obstacles Over DOJ Investigation, Rate Cut Pressure
Developing
Politics·4/21/2026AI summary

Kevin Warsh Fed Nomination Faces Obstacles Over DOJ Investigation, Rate Cut Pressure

Trump's Fed chair nominee Kevin Warsh faces Senate confirmation battle as GOP Sen. Thom Tillis blocks a vote until DOJ drops its investigation into the Federal Reserve. The probe into cost overruns at the Fed's headquarters is widely seen as Trump administration pressure to lower interest rates. Warsh, a former Fed governor, testified on inflation and independence while critics like Sen. Elizabeth Warren accused him of flip-flopping on rates to align with Trump.

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NPR News
Kevin Warsh Fed Chair Nomination Faces Confirmation Fight Over DOJ Investigation
Developing
Politics·4/21/2026AI summary

Kevin Warsh Fed Chair Nomination Faces Confirmation Fight Over DOJ Investigation

Kevin Warsh, President Trump's nominee for Federal Reserve chair, faces a contentious confirmation hearing amid a DOJ investigation into the Fed and pressure from Trump to lower interest rates. GOP Sen. Thom Tillis threatens to block the vote until the DOJ drops its investigation into the central bank, which Fed Chair Jerome Powell calls an intimidation campaign. Warsh's past hawkish stance has shifted to support lower rates tied to AI productivity gains, drawing criticism from Democrats who question his independence.

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NPR Business
Are we back? Crypto is Green! Solana Intern goes rogue! Pump up 13%! Monero hits another ATH!
NEWS
5/3/2026

Are we back? Crypto is Green! Solana Intern goes rogue! Pump up 13%! Monero hits another ATH!

BTC: 95k (+3%) | BTC.D: 59.2% (-0.1%). ETH: 3313 (+6%) | BNB: 936 (+3%) | SOL: 145 (+2%). Top Gainers: IP, ICP, PUMP, PEPE, ENA. BTC ETFs: +$754m | ETH ETFs: +$130m. Crypto rallies on largest ETF inflow in 3 months. Senate committee to vote on crypto bill on Jan 27. Stablecoin issues with bill still being fought over. Ethena Labs makes USDe free from gas fees. Bitdeer overtakes MARA on ‘managed hashrate’. Polygon Labs to buy Coinme, Sequence for $250m. BitPanda eyes Frankfurt IPO in 1H26. CZ invests in perp trading platform Genius Terminal. Coingecko eyes sales at $500m valuation. Russia to open crypto markets more for payments. Crypto wrench attacks continue in France. Pakistan to integrate WLFI’s USD1.

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