Treasury warns digital assets could threaten stability of economy

Treasury warns digital assets could threaten stability of economy

The Treasury Department warned Monday that unregulated cryptocurrencies could pose a risk to the U.S. financial system. The warning was a part of the first major public report released by the Treasury’s Financial Stability Oversight Council on digital assets. The council identified digital or “crypto” assets such as stablecoins as well as lending and borrowing … Read more

Oath Keepers Planned for Armed Rebellion in Jan. 6 Capitol Attack, Prosecutors Say

WASHINGTON—Five members of the Oath Keepers militia, including its founder Stewart Rhodes, “concocted a plan for armed rebellion” ahead of the Jan. 6, 2021, attack on the Capitol, a federal prosecutor told jurors Monday as the government began laying out its seditious conspiracy case against members of the far-right group. “That was their goal, to … Read more

Ukrainian ambassador tells Elon Musk to ‘f— off’ after billionaire’s Twitter poll

In this photo illustration, Twitter account of Elon Musk is seen on a smartphone screen and Twitter logo in the background. Pavlo Gonchar | Lightrocket | Getty Images WASHINGTON — American tech billionaire Elon Musk drew the public ire of Ukraine’s top officials Monday after the Tesla CEO tweeted what he claimed was the most … Read more

Liz Truss takes on Tory rebels in battle to rein in benefits

Mel Stride, the Tory Treasury committee chairman, told BBC Radio 4’s World at One that more mini-Budget U-turns may be needed. “It may be there will be even yet further requirements to unwind some of those positions,” he said. Esther McVey, the former work and pensions secretary, told a fringe event: “I have to say … Read more

Challenges to Biden’s student loan forgiveness plan put relief at risk

At least three challenges have been filed so far On Sept. 27,  Frank Garrison, an attorney working for a conservative legal group, brought the first legal challenge to Biden’s plan, arguing that forgiveness would cause him personal injury in the form of a state tax bill. Canceled student debt can be considered taxable income. Although borrowers won’t be … Read more

Royal Biographer: Prince Harry is a "difficult teenager" – TalkTV

Royal Biographer: Prince Harry is a “difficult teenager”  TalkTV Shock reason Prince Harry ‘snubbed offer from William to heal their rift’ after bombshell TV interview…  The Sun Why Prince Harry snubbed Prince William’s offer of secret summit to heal rift  Daily Mail Prince Harry gave blunt two-word response to reject meeting with William, claims book  The Mirror Prince Harry … Read more

Optus cyber attack: Optus customers confused after receiving texts and emails as external review is launched

Optus has come under fire for sending “unclear” text messages and emails to customers who had details leaked in a mass data breach. In the days following the attack, hackers released the personal details of 10,000 Optus customers. WATCH THE VIDEO ABOVE: Anger at Optus over massive data breach. Watch the latest News on Channel … Read more

U.K. Government Abandons Plan to Cut Rate of Income Tax for Top Earners

LONDON—U.K. Chancellor of the Exchequer Kwasi Kwarteng on Monday ditched a plan to cut the 45% top rate of income tax after turmoil in the country’s financial markets, an intervention by the Bank of England and the threat of large-scale rebellion by Conservative Party lawmakers. The U-turn is a major setback for new Prime Minister … Read more

New book audio: Trump falsely claimed he gave Kim letters to Archives in 2021

Washington CNN  —  Former President Donald Trump falsely claimed he had given the letters he exchanged with North Korean leader Kim Jong Un to the National Archives last year when he was interviewed by New York Times reporter Maggie Haberman for her forthcoming book, according to audio of the interview obtained by CNN. Trump also … Read more