Rick Rieder’s Donations To MAGA Rivals Tests Trump’s Fed Chair Demands
Rick Rieder, one of the finalists to lead the Fed, has donated to some of Donald Trump’s most prominent political rivals and Democratic leaders.
Tether CEO Aims To Allocate Up To 15% Of Its Portfolio To Gold
Tether plans to allocate 10%–15% of its investment portfolio to physical gold.
US Banks May Lose $500 Billion To Stablecoins By 2028, Standard Chartered Warns
U.S. dollar-backed crypto tokens known as stablecoins could pull around $500 billion in deposits out of U.S. banks by the end of 2028.
In The Market: Wall Street’s Banking On Next Fed Chair To Stand Up To Trump
U.S. President Donald Trump bemoaned last week his issue with naming the next Federal Reserve chair.
SMArtX Advisory Solutions Expands Manager Marketplace with Investment Strategies from 22 Leading Asset Management Firms
SMArtX Advisory Solutions ("SMArtX"), a leading innovator in managed accounts technology, has announced the addition of new investment strategies from 22 leading asset management firms to its Manager Marketplace. The firm's Manager Marketplace now partners with 388 distinguished asset management firms offering 2,668 investment strategies. Additionally, this includes research on 39 individually listed mutual funds, ETFs, and ticker-traded alternatives.