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 Big Banks Have Trump’s Vision for Crypto in the Crosshairs...  Hours after attack on U.S. base, Trump says Iran and Israel will begin a ceasefire...  Trump’s Cease-Fire Announcement Catches His Own Top Officials by Surprise...  You Vote: Regarding Pres Trump's order to strike Iran's nuclear facility sites and its execution...
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Big Banks Have Trump’s Vision for Crypto in the Crosshairs The following article is sponsored by Public Policy Solutions and authored by John Czwartacki, a principal at Public Policy Solutions. As someone who served in the Trump administration at the Consumer Financial Protection Bureau (CFPB), I watched firsthand how conservative leadership could streamline government, protect consumers, and spark innovation. They embraced financial technology and saw clearly how consumer choice was preferable to government overreach, and they’ve largely continued to follow that in his second term – with one primary exception. I’m concerned by reports that the Trump CFPB may consider vacating Rule 1033—an open banking rule that we began development of during President Trump’s first term – which is critical to delivering on one of President Trump’s boldest economic goals: making America the crypto capital of the world. Let me be clear: I believe that rolling back the open banking rule could be a tragic misstep that risks undermining U.S. leadership in financial technology and cryptocurrency innovation. Rule 1033, proposed under the Dodd-Frank Act, is the engine behind open banking. It empowers consumers to access their financial data and use it with the tools and platforms they choose. It levels the playing field between entrenched financial institutions and the disruptive startups bringing more choice, lower fees, and faster innovation to market—including crypto platforms. During the
Monday, 06/23/2025, Video Clip |
Hours after attack on U.S. base, Trump says Iran and Israel will begin a ceasefire...  U.S. Supreme Court allows Trump to deport migrants to 'third countries'... You Vote: Regarding Pres Trump's order to strike Iran's nuclear facility sites and its execution... Big Banks Have Trump’s Vision for Crypto in the Crosshairs...
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