How Republicans calling for smaller government could use the Fed’s balance sheet to wield more power

The hole in the Federal Reserve’s balance sheet is getting some attention from lawmakers.

Topics

With Trump all-in on crypto, bitcoin bulls bet the trillions in cash on America's corporate balance sheets are next

Adoption of cryptocurrency and bitcoin continues to grow, but haven't found a home on corporate balance sheets, where trillions remain in cash and bonds.
CNBC - 56m
How Elon Musk's crusade against government could benefit Tesla

Elon Musk has long railed against the U.S. government, saying numerous investigations and safety programs have stymied Tesla, his electric car company, and its efforts to create fleets of robotaxis ...
ABC News - 2d
With Trump all-in on crypto, bitcoin bulls bet America's corporate balance sheets are next

Last week, White House crypto czar David Sacks held his first press conference to discuss the future of crypto policy coming out of the Trump administration.
NBC News - 5h
Elon Musk calls for US government to 'delete entire agencies'

Elon Musk has called for the United States to “delete entire agencies” from the federal government
ABC News - 9h
Thyssenkrupp warns US tariffs could prompt more cheap Chinese steel exports to Europe

Finance chief’s caution comes as company revises cash flow guidance upwards
Financial Times - 12h
Did you know you could make your fantasy baseball league more like football? Here's how to do it

The NFL season is now officially in the books. If you're already wondering how to fill the void until football is back, a fantasy baseball league could be for you.
Yahoo Sports - 3d
How Hizbollah is using cash and WhatsApp groups to shore up power

Weakened by war with Israel, the group is deploying a vast patronage network to strengthen its base
Financial Times - 3d
How Elon Musk is using tech to DOGE the government

Elon Musk is using his tech and leadership playbook in a crusade against the federal bureaucracy as he and his allies attempt to gain access to sensitive information and use emerging tech to speed ...
The Hill - 4d
The US Government Is Not a Startup

Elon Musk and DOGE are moving fast and breaking things that can’t afford to be broken.
Wired - 6d

More from MarketWatch

The stock market is ignoring what could be its No. 1 threat

“Tail risk” — uncertainty over inflation, tariffs, political chaos and other unknowns — could trigger a chaotic market downturn.
MarketWatch - 22m
These 18 states could spend $23 billion on bitcoin if they pass bills to establish crypto reserves

If all 20 bills introduced in 18 states to establish state-level bitcoin reserves are enacted, it could potentially lead to the buying of more than $23 billion worth of bitcoin — or some 247,000 ...
MarketWatch - 22m
DraftKings rallies on upbeat full-year sales outlook, which doesn’t include this big event

Shares of DraftKings Inc. rose after hours Thursday after the sports-betting platform offered a more optimistic sales outlook for this year, as it moves ahead with things like live betting and ...
MarketWatch - 24m
Coinbase says crypto is seeing ‘dawn of a new era,’ and Wall Street shares its optimism

“Crypto’s voice was heard loud and clear in the U.S. elections,” company says.
MarketWatch - 28m
Why the bull market in stocks can live with higher inflation

Here’s why the U.S. stock market might not mind higher for longer interest rates.
MarketWatch - 38m

More in Business

Coinbase revenue surges more than 130%, driven by postelection crypto rally

Coinbase reported better-than-expected fourth-quarter earnings, strengthened by a raging postelection crypto rally at the end of 2024.
CNBC - 14m
Inside the Murdochs’ Succession Drama

More than 3,000 pages of documents reveal how years of betrayals led to a messy court battle that threatens the future of Rupert’s empire.
The New York Times - 18m
The stock market is ignoring what could be its No. 1 threat

“Tail risk” — uncertainty over inflation, tariffs, political chaos and other unknowns — could trigger a chaotic market downturn.
MarketWatch - 22m
These 18 states could spend $23 billion on bitcoin if they pass bills to establish crypto reserves

If all 20 bills introduced in 18 states to establish state-level bitcoin reserves are enacted, it could potentially lead to the buying of more than $23 billion worth of bitcoin — or some 247,000 ...
MarketWatch - 22m
DraftKings rallies on upbeat full-year sales outlook, which doesn’t include this big event

Shares of DraftKings Inc. rose after hours Thursday after the sports-betting platform offered a more optimistic sales outlook for this year, as it moves ahead with things like live betting and ...
MarketWatch - 24m