Maersk CEO Vincent Clerc said President Donald Trump’s vision of a reordered global supply chain can’t happen overnight. Clerc said it would take Trump “a decade or two of persistent effort” to reconfigure the world’s supply chains through tariffs, the Financial Times reported Thursday (May 8)....
Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. Over 2,300 staffers across the Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency and the Securities and Exchange Commission are set to be laid off,...
The cryptocurrency industry in the United States wants regulatory clarity around its on-chain financial markets and digital assets like stablecoins. It is having a lot of trouble getting there. The industry’s hopes for a productive policy discussion around a draft bill for digital asset markets...
Mergers and acquisitions (M&A) have sunk to their lowest level in 20 years, with deal-making now worse than during the Great Recession of 2008-09 and the COVID-19 pandemic. Investment bankers and corporations around the world have stopped M&A deals following the President Donald Trump administration’s...
April 23, 2025
The U.S. government’s evolving approach to crypto regulation could mark a pivotal moment for payments innovation. “There’s certainly a change in how the administration views the digital assets industry,” Dan Boyle, partner at Boies Schiller Flexner, told PYMNTS CEO Karen Webster. “This is not a confrontational posture.” Until recently, the U.S. Department of Justice (DOJ) operated […]
April 22, 2025
The changing cryptocurrency landscape in the United States could have a downstream impact on how businesses move, hold, store and monetize payments. Paul S. Atkins was sworn into office as...
April 03, 2025
The tariffs announced by the President Donald Trump administration Wednesday (April 2) are now a reality, and a trade war is a real possibility. For middle-market firms, supply chain changes...
April 02, 2025
There are fewer jobs to be had, and layoffs have inched up. Consumer confidence was already shaken ahead of the Bureau of Labor Statistics’ latest snapshot of the labor market...
May 08, 2025
Maersk CEO Vincent Clerc said President Donald Trump’s vision of a reordered global supply chain can’t happen overnight. Clerc said it would take Trump “a decade or two of persistent effort” to reconfigure the world’s supply chains through tariffs, the Financial Times reported Thursday (May 8). “The supply chain today around the world is something that […]
May 07, 2025
Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. Over 2,300 staffers across the Federal Deposit Insurance Corp., the Office of the Comptroller...
May 06, 2025
Mergers and acquisitions (M&A) have sunk to their lowest level in 20 years, with deal-making now worse than during the Great Recession of 2008-09 and the COVID-19 pandemic. Investment bankers...
April 30, 2025
Several Silicon Valley CEOs met Wednesday (April 30) with U.S. lawmakers. On the agenda at the Hill and Valley Forum in Washington D.C. were discussions of how Big Tech can...
