Precious Metals and Market News

Wall Street retreats to the sidelines ahead of the Fed, Main Street breaks bearish after gold tests $4,000/oz - (Kitco News) – Gold prices saw another turbulent week, as early safe-haven support faded into a sharp midweek selloff after hotter U.S. inflation data, renewed Middle East fighting, and rising Fed rate-hike expectations pushed prices to the $4,000 support level before the yellow metal reclaimed $4,200 on a late-week bounce.

Gold's inflation problem could become its next bullish trigger - (Kitco News) - It has been another frustrating week for gold investors, with prices now falling into bear market territory. But beneath the surface, the macro backdrop may be shifting in a way that could eventually turn a near-term headwind into a longer-term tailwind.

Precious metals firm as crude slides, stocks rise on U.S.-Iran talks - Kitco PM Report - (Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are also higher after the close Friday, as oil prices fell on U.S.-Iran deal hopes, Treasury yields ended the week lower and U.S. equities rose into the weekend.

Gold holds key $4,000 support as analysts watch for signs of a bottom - (Kitco News) - After slipping into official bear market territory this week, gold and silver are starting to attract new attention. But while both precious metals managed to hold critical support, some analysts are saying that investors should only be testing the waters as they wade back in.

China sees ETF outflows, falling wholesale demand in May, but PBoC continues outsized purchases amid lower prices – WGC’s Jia   - (Kitco News) – Gold prices slid lower in May as China saw the end of an eight-month streak of ETF inflows, all while wholesale demand fell sharply, but the country’s central bank continued to stock up on bullion, according to Ray Jia, research head for China at the World Gold Council (WGC).In the WGC’s latest China gold market update, Jia noted that international and domestic gold prices ended ...

CME to offer 24/7 gold and oil trading - (Kitco News) - Geopolitical uncertainty doesn’t take the weekend off, and neither will gold and oil futures as the CME prepares to launch 24/7 trading.

Spot gold hovers near $4,200/oz after preliminary Consumer Sentiment rises to 48.9, one-year inflation expectations dip to 4.6% - (Kitco News) - The gold market is holding relatively steady after the latest data showed consumer sentiment in the U.S. improving, while inflation expectations pulled back from last month’s highs.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for June was 48.9. The data was better than expectations, as the consensus forecast of ...

Gold holds above $4,200 as Hormuz risk premium unwinds - Kitco AM Report - (Kitco NewsWire) - Spot gold prices are steady and spot silver prices are weaker in early U.S. trading Friday, as oil prices fell sharply on U.S.-Iran deal hopes, U.S. equity futures edged higher and traders looked ahead to the next inflation-expectations read.

Silver leads metals higher as traders defend key support - Kitco PM Report - (Kitco NewsWire) - Spot gold and silver prices were sharply higher late Thursday, as safe-haven demand tied to U.S.-Iran risk met a late-session pullback in crude oil after fresh deal signals.

Don't fear a drop below $4,000, gold's bull market isn't broken - Thorsten Polleit - (Kitco News) - Despite significant selling pressure, the gold market has managed to hold critical long-term support above $4,000 an ounce.

EU Auto Giants Call For 'Made In Europe' Incentives Amid Rising Chinese Competition - EU Auto Giants Call For 'Made In Europe' Incentives Amid Rising Chinese Competition Europe's largest automakers are stepping up efforts to secure stronger support for domestic vehicle manufacturing as competition from Chinese electric vehicle producers intensifies. Renault, Volkswagen, and Stellantis have jointly urged EU policymakers to introduce rules that more heavily reward car...

Starmer To Ban Under-16s From 10 Social Media Apps, Including X, But Not Bluesky - Starmer To Ban Under-16s From 10 Social Media Apps, Including X, But Not Bluesky Authored by Toby Young via DailySceptic.org, Sir Keir Starmer is set to announce sweeping reforms tomorrow banning under-16s from 10 major social media platforms, including X, but not the Left-wing platform Bluesky. In addition, he will introduce daily curfews for 16 and 17 year-olds, going further...

'Manufactured Story': Hegseth Goes Off In CBS Interview On Crisis Of US Arms Stockpiles - 'Manufactured Story': Hegseth Goes Off In CBS Interview On Crisis Of US Arms Stockpiles Pentagon chief Pete Hegseth joined CBS's Margaret Brennan on Sunday for an interview which quickly degenerated into a tense, finger-pointing segment over billions poured into the military-industrial complex, as well as foreign coffers, amid multiple global hotspots and a couple major war fronts ...

Major U-Turn: Swedish Parliament Abolishes Permanent Residence Visas For Migrants - Major U-Turn: Swedish Parliament Abolishes Permanent Residence Visas For Migrants Via Remix News, The Swedish Parliament has officially passed a government bill to end permanent residence permits, which will offer a vastly stricter approach to the country’s immigration policy. Under the new legislation, the government “eliminates the possibility of granting permanent residence per...

Why Does America Have A 'Diversity Visa'? - Why Does America Have A 'Diversity Visa'? Authored by White Papers Policy Institute and James Fulford via American Greatness, The Diversity Lottery means you can receive immigrants from almost any of these countries on the watch list for human trafficking for the sole reason that “diversity is our greatest strength.” Lucky you! The Immigration Act of 1965 abolished the National...

SpaceX IPO Lifts Off As Data Center Race Moves From Ashburn To Abilene To Space - SpaceX IPO Lifts Off As Data Center Race Moves From Ashburn To Abilene To Space SpaceX surged 19% on Friday in its Nasdaq debut following the world's largest IPO, closing near $161 after opening at $150 and valuing the company north of $2 trillion. J.P. Morgan + SpaceX= Largest IPO Congratulations to the @spaceX team on this milestone, we were proud to serve as a lead bookrunner ...

Exxon Weighs Woodside Deal As LNG Becomes Strategic Priority - Exxon Weighs Woodside Deal As LNG Becomes Strategic Priority Exxon Mobil is assessing a range of options to expand its global gas business, with Woodside Energy reportedly among the companies being reviewed as potential acquisition candidates, according to Bloomberg. No formal approach has been made, and internal evaluations remain preliminary. Both companies have declined to comm...

The Inflation Sh*t Is Hitting The Fan - The Inflation Sh*t Is Hitting The Fan Submitted by QTR's Fringe Finance This week was proof that the inflation story that markets desperately want to go away refuses to cooperate. It also adds to the case that new Fed chair Kevin Warsh could have his hands tied — and may ultimately need to redefine inflation to untie them. This week the Bureau of Labor Statistics reported anothe...

UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends - UBS Checks With Major Restaurant Franchisees Reveal Troubling Consumer Trends In a continuation of our note on the health of America's restaurant industry, we cite UBS analyst Dennis Geiger for a second straight week, as his coverage of the consumer and restaurant sectors has been spot on. Sentiment toward chain eateries remains "generally cautious," with macro pressures, elevated ...

Trump Says Hormuz To Reopen Friday After Signing Of "Great Peace Deal" With Iran - Trump Says Hormuz To Reopen Friday After Signing Of "Great Peace Deal" With Iran Summary Trump Says Hormuz Chokepoint Reopens Friday Pakistan PM Confirms Peace Deal, with a signing event in Switzerland next Friday Trump Confirms US-Iran Peace Deal "Now Complete" and says "Let The Oil Flow"  Iran's president issues pro-MoU signing statement as Tehran is boasting o...

Stock futures jump, oil prices fall as Trump says U.S. has reached peace deal with Iran - Oil prices fell and U.S. stock-index futures jumped Sunday after President Donald Trump said the U.S. has agreed to a peace deal with Iran, apparently ending months of hostilities that shut the Strait of Hormuz and sent the global economy into an oil shock.

Will the real Kevin Warsh please stand up? Ahead of his first Fed meeting, economists honestly don’t know what to expect. - Perhaps the only thing that can be said with certainty about Kevin Warsh’s press conference following his first meeting as Federal Reserve chair this week is that he will have a captive audience.

‘It seems too good to be true’: At a steak-dinner retirement seminar, the guy said annuities can outperform the market. Is that true? - “He claimed that fixed-rate annuities are the sparkly, rainbow-fairyland of investments.”

Defaults in debt markets are starting again, warns Pimco. Here’s the bond giant’s game plan. - Investors should increasingly seek out fixed income to anchor portfolios as equity valuations look stretched, says Pimco.

We thought we found the perfect luxury retirement community, but it’s millions of dollars in debt. Are we trapped? - “If we were to leave, we would lose a portion of our buy-in — about $80,000.”

‘This would be a one-time event’: How can I take extra money from my 401(k) without triggering higher Medicare premiums? - “I generally withdraw money from my traditional 401(k) for projects, larger expenses and sometimes just to stay ahead on upcoming bills.”

SpaceX shows investors still want moonshots. The Fed may test that theory this week. - Higher interest rates could make the AI growth story that’s been powering the bull market harder to justify.

My husband won’t sell his home so we can live together full time. Is this a red flag after a decade of marriage? - “Our homes are 20 miles apart, and he still drives back and forth almost daily.”

I’m 60, retired with $3 million. My fiancée, 55, only has $1 million and plans to keep working. Are we compatible? - “Although she is quite frugal, she has not been particularly diligent with investing.”

My plumber charged $160 to fix the cistern on my toilet — but created another problem. Do I pay again? - “The cistern on my toilet has been constantly refilling and making a hissing noise.”

U.S. and Iran reach deal to end the Mideast war, with agreement set to be signed Friday - The deal follows weeks of mixed messaging from both Washington and Tehran on the trajectory of the conflict.

U.S. stock futures jump on Iran deal to end the war; Japan's Nikkei surges 5%: Live updates - The three major indexes are coming off a winning week.

SpaceX gains 6% in premarket after record debut -
Trump says France must scrap tech 'sales tax' or face 100% wine tariffs: NY Post - President Donald Trump issued the threat ahead of this week's G7 summit in Évian-les-Bains, France.

UK to ban social media for under-16s to 'give kids their childhood back' - The ban could include platforms like Snapchat, TikTok, YouTube, Instagram, Facebook and X.

UK economy shrank 0.1% in April as Iran conflict weighed on growth - U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure from the Middle East conflict.

A Chinese start-up's unfolding dilemma exposes cracks in Beijing's tech funding machine - While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.

Wholesale prices rose 1.1% in May, more than expected, on surge in energy - The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.

ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs - The European Central Bank also raised its inflation forecasts and cut its growth outlook.

Consumer prices rose 4.2% annually in May, highest in three years - The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

Venezuelan crime boss' demise creates opening to boost gold mining - By Alex VasquezBloomberg NewsSunday, June 14, 2026 Tren de Aragua leader Niño Guerrero's killing not only fulfills U.S. President Donald Trump's pledge to go after a criminal group he had identified as a scourge in the United States. It also holds the promise of economic benefits in Venezuela. The joint strike on Guerrero's base occurred in a remote region that is the heart of a promising gold ...

CFTC may block 24/7 oil contract to thwart 'volatility' -- that is, free market - CFTC Considers Blocking CME's 24/7 Oil Contract Bid By Nicola M White and Mia GindisBloomberg NewsFriday, June 12, 2026 The U.S. Commodity Futures Trading Commission is considering whether to block CME Group Inc.’s bid to launch a round-the-clock oil contract, heightening tensions between the market stalwart and its regulator. ... Dispatch continues below ... ... ADVERTISEMENT ... Guanajuato S...

Chris Irons: The problem isn't trillionaires but monetary policy - By Chris IronsQuoth The Raven, SubstackSunday, June 14, 2026 An open letter to Sen. Elizabeth Warren about trillionaires and inequality. Dear Senator Warren, When I watched your recent video on X about Elon Musk becoming the first trillionaire, I found myself in the unusual position of agreeing with you -- at least in part. That is not a sentence I write often. ... Dispatch continues below ... ...

DR Congo pushes Belgium to release colonial-era documents on mineral wealth - By Camilla HodgsonFinancial Times, LondonSunday, June 14, 2026 The Democratic Republic of Congo is upping its efforts to regain access to a trove of historic geological records stored in a Brussels museum, in a bid to accelerate the discovery of new critical mineral deposits in the country.  Louis Watum Kabamba, the Congolese minister of mines, met Belgian and EU officials this week to discuss ...

China tees up digital payments system to compete with dollar - By Joe Leahy and Cheng LengFinancial Times, LondonSaturday, June 13, 2026 China is getting ready for the commercial rollout of a digital currency programme that could reshape cross-border transactions, reduce reliance on the dollar and draw Beijing closer to its “Belt and Road” trading partners. The Beijing-led platform, known as mBridge, is backed by the central banks of mainland China, Hong K...

US Government Sold $646 billion of Treasury Securities this Week. 2nd Wave of Inflation Approaches 10-Year Treasury Yield - How the long-term Treasury debt grows: Treasury notes & bonds outstanding rose on net by $59 billion this week.

Money-Market Funds & CDs: Americans and their Piles of Interest-Earning Cash as “Real” Yields Turn Negative - Inflation surged past these yields, though they've started to rise again. Households nevertheless poured more money into them.

What Homebuilder Lennar Said about the Tough Housing Market: Average Sales Price Down 24% from Peak, back to 2017 - Cut the price, and they will buy. Dealing with the affordability crisis. Sales volume is up, but shares have plunged by nearly 50%.

Ark Invest bought more than $500 million worth of SpaceX shares on IPO day - The purchases were likely funded by selling other positions, data shows. ARK is also one of the loudest bitcoin bulls, with a million-dollar target for 2030.

Bitcoin traders have a reason to watch Tuesday's BOJ rate decision. Yen shorts are at a nine-year high - A large build-up of speculative short positions in the yen raises the risk of a sharp short squeeze if the BOJ signals more aggressive tightening, potentially unwinding yen-funded carry trades that support risk assets.

Live markets: Bitcoin not fully out of danger as Trump warns of further Iran strikes - A ceasefire in April collapsed, and U.S. strikes broke a second truce on June 9 with bitcoin giving back the entire move both times.

XRP climbs 4% above $1.18 as traders test next resistance zone - XRP extended its rebound from recent lows on the strongest buying activity in weeks, with institutional flows and ETF demand supporting a push toward the $1.20 level.

Bitcoin hits a two-week high above $65,500 as the US-Iran deal sends oil sliding - A peace agreement that reopens the Strait of Hormuz pulled the geopolitical premium out of oil and put back into risk assets.

Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open - The price of crude oil is tumbling, and U.S. stock futures are moving higher.

Bitcoin could crash to $48,000, if this historical pattern is triggered - A pattern stretching back to bitcoin's earliest days has held through every market cycle. It has yet to be tested in the current one.

Summer of crypto (regs): State of Crypto - Lawmakers are debating taxes, the CFTC put out a prediction market proposal and court cases are heating up.

Aerodrome is turning liquidity into a prediction market with its biggest upgrade yet - The concept, called Predictive Allocation, will encourage participants to anticipate where liquidity will be needed next, instead of rewarding them for directing incentives toward pools that have already generated fees.

SEC's big swing to clear tokenization path isn't likely to get resilience of full rule - Former SEC lawyers say that using its power to grant tokenization "innovation" efforts an exemption from securities law isn't as strong as a full-fledged rule.

IREN’s $3.65B Financing: The Customer Is the Collateral - $IREN secured 96% of the $5.81bn GPU capex for its Microsoft contract at a low single-digit all-in financing cost. This was enabled by by the Microsoft lease itself and carries investment-grade credit rating. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to bitcoin mining, artificial intelligence, […]

Coins.ph Adds Bitcoin and Ethereum to National QR Ph, Reaching 700,000 Philippine Merchants - Coins.ph integrated bitcoin and ethereum into the Philippines’ national QR Ph network, allowing users to spend crypto seamlessly across nearly 700,000 local merchants. The Evolution of the Philippines’ QR Ph Network The integration of digital assets into the Philippines’ national quick-response (QR) code network is expanding to include volatile cryptocurrencies alongside dollar-pegged stablecoi...

The One Interview Question Steve Jobs Used to Spot Real Talent - Onstage at the D8 conference in 2010, Steve Jobs explained his go-to interview opener: “Why are you here?” He prized answers that surfaced personal, even “selfish,” ambitions, seeing them as markers of self-motivated hires whose goals aligned with Apple’s work. At the D8 conference in 2010, Steve Jobs outlined an interview style that sliced through […]

Switzerland Rejects Controversial 10 Million Population Cap in Historic Referendum - Early projections indicate that a majority of voters rejected the so-called sustainability proposal, which aimed to establish a 10 million cap on the country’s population by 2050. Even so, 45.21% supported the initiative, even as it could risk access to European markets if passed. Swiss Reject Population Cap Initiative In Historic Referendum Switzerland has rejected […]

Congress Targets Crypto ATMs After Americans Lose $333M to Scams - Lawmakers are seeking to curb crypto ATM fraud with a bipartisan bill that would set transaction limits, mandate scam warnings, and require transaction records and updated kiosk location records. The proposal follows FBI-cited losses of more than $333 million, with older Americans accounting for most known-age financial losses. Bipartisan Bill Would Set Crypto ATM Limits […]

Brickbat: Get Off the Bus - Brenda Brooks, a former school bus driver in Ohio, received the maximum sentence of 18 months in jail and five… The post Brickbat: Get Off the Bus appeared first on Reason.com.

Second Amendment Roundup: Arms and Accoutrements - The Ninth Circuit illogically excludes firearm parts from the text of “arms.”

Open Thread - What’s on your mind?

An Unconstitutional War Results in a Bad Deal - Trump's failure to secure constitutionally required congressional authorization for his war with Iran helped ensure the US lacked the staying power necessary to prevail.

Justice Barrett v. Justice Jackson On Textualism - Textualists cannot rest on Justice Scalia’s laurels. They need to address modern criticisms.

"American Diabetes Association Ejects Researchers from Conference for Sharing Editorial from Its Own Journal" - Aaron Terr (FIRE) reports, based on accounts from various publications. Some excerpts: The incident occurred outside a conference hall where… The post "American Diabetes Association Ejects Researchers from Conference for Sharing Editorial from Its Own Journal" appeared first on Reason.com.

The Courts Should Rein in Trump's Proposed Section 301 Tariffs as Well - A guest post by Georgetown legal scholar Peter E. Harrell.

Comic: It's America's Founding Fake News Terrorist, Samuel Adams - Samuel Adams sets his sights on Tory lackeys.

Today in Supreme Court History: June 14, 1810 - 6/14/1810: Justice Ward Hunt's birthday. The post Today in Supreme Court History: June 14, 1810 appeared first on Reason.com.

The White House UFC Fight Is the Perfect Event for the Present, Not the Past - A cage fight on the South Lawn may be an unusual choice to celebrate the Founding. But it is a mirror of our political moment.

Trump’s Anti-Weaponization Fund Is a (Another) Slush Fund - If Trump’s settlement stands, future presidents will have a roadmap for turning lawsuits into spending programs and political grievances into taxpayer-financed payouts.

There and Back Again: The 21st Century ROAD to Housing Act - The House’s amendment to the 21st Century ROAD to Housing Act is a great improvement over the Senate’s version. However, the bill is still filled with policies that won’t help, but rather harm, the housing market.

After the Castro Tyranny, Cubans Should Lead Their Transition to Freedom - When and if the Cuban dictatorship finally collapses, it would be best to let Cubans themselves determine their return to freedom.

A Federal Gas Tax Holiday Would Be Expensive and Ineffective - When the federal gas tax comes up for reauthorization in 2028, Congress should simply let the gas tax expire.

The SEC Throws in the Towel on Gag Orders - Facing an increasingly speech-friendly Supreme Court, the SEC reluctantly–and belatedly–decides to stop censoring its victims.

Let’s Not Forget What Madison Said About War - What Madison is pointing out is that among all the ways that government destroys the liberty of its own people, its wars are the worst. The post Let’s Not Forget What Madison Said About War appeared first on Tenth Amendment Center.

It’s not Treason. It’s Self-Defense. - “For transporting us beyond seas, to be tried for pretended offences.” From the Declaration of Independence, one of the charges against the King that justified secession. It was built on a violent American raid on the British few of us are ever taught about. In the early hours of June 10, 1772, a band of Rhode Islanders rowed out in the dark, shot and seriously wounded a Royal Navy commander, c...

A Nation of Suspects - Some of the recent legal challenges to the use of surveillance by the Department of Homeland Security upon Americans have resulted in the revelation of truly terrifying behavior by the government, in direct defiance of the Fourth Amendment to the Constitution. We now know that the federal government spies on innocent Americans without suspicion and […] The post A Nation of Suspects appeared fir...

Victory! 702 has Expired! - Section 702 of the Foreign Intelligence Surveillance Act lets US intelligence agencies collect communications from foreigners abroad without a warrant, and routinely sweeps in Americans’ emails, messages, and calls in the process. The authority for this program is set to expire Friday, June 12th, 2026, at midnight. As we wrote earlier this week, Congress has been kicking the ball down the road ...

Yes to California's Bill to Ban Surveillance Pricing - Corporations harvest and monetize ever-growing amounts of our personal data, such as our browsing history and physical location. One bitter fruit of this poisonous tree is known as “surveillance pricing”: corporations offer the same product to two different people at two different prices, based on scrutiny of these people’s respective personal data. Surveillance pricing is bad for privacy, equi...

‘News’ Site Keeps Hallucinating EFF Staffers - What do EFF staffers Sarah Chen, Javier Morales, Caitlin Chin, Emma Rodriguez, and Mikko Kopponen have in common?  For one thing, they don’t exist.  For another, all have been quoted as EFF experts in articles published in the past two months on a site called News-USA Today, which describes itself as “an independent news publisher focused on clear, accurate, and useful journalism.”  Uh…  (Pleas...

Fort Wayne Death Doula Secures Final Victory in First Amendment Lawsuit Challenging State’s Restrictions on Discussing End-of-Life Care - FORT WAYNE, Ind.—Today, the United States District Court for the Northern District of Indiana entered a consent decree cementing a Fort Wayne death doula’s victory in her First […] The post Fort Wayne Death Doula Secures Final Victory in First Amendment Lawsuit Challenging State’s Restrictions on Discussing End-of-Life Care appeared first on Institute for Justice.

Indiana Town’s Food Truck Restrictions Are Bad Policy and Unconstitutional, Law Firm Warns  - Today, the Institute for Justice (IJ) sent a letter to local officials in Nashville, Indiana, urging the town to reconsider proposed restrictions on food trucks. The post Indiana Town’s Food Truck Restrictions Are Bad Policy and Unconstitutional, Law Firm Warns  appeared first on Institute for Justice.

North Dakota Says a Ph.D. Isn’t Qualified to Teach Eighth Grade. A Fargo School Is Suing to Change That. - FARGO, N.D.—Today the Institute for Justice (IJ) and Capstone Classical Academy filed a federal lawsuit challenging a North Dakota law that makes it nearly impossible […] The post North Dakota Says a Ph.D. Isn’t Qualified to Teach Eighth Grade. A Fargo School Is Suing to Change That. appeared first on Institute for Justice.

TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP - BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...

CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 - BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit.  The injunction requires that California accept permit applications from any United States resident outside the state who is a The post CA NON-RESIDENTS CAN APPLY FOR CARR...

SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS - BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the The post SCOTUS DENIES CERT IN WORTH, SAF ...

IL: Stop Illinois’ Backdoor Handgun Ban – TAKE ACTION - Anti-gun lawmakers in Springfield are trying to move HB 4471, the so-called “Responsible Gun Manufacturing Act,” out of the House Rules Committee. This bill isn’t about stopping violent criminals. It’s a backdoor ban aimed at common semiautomatic pistols, including many Glock-style handguns. HB4471 originally sought to criminalize the manufacture, sale, purchase, receipt, import, or transfer of...

Gun Owners of America Endorses Byron Donalds for Florida Governor - Gun Owners of America Endorses Byron Donalds for Florida Governor  FOR IMMEDIATE RELEASE  June 11, 2026  TALLAHASSEE, FL — Gun Owners of America (GOA) proudly endorses U.S. Congressman Byron Donalds for Governor of Florida.  As both a former Florida state lawmaker and a current member of Congress, Byron Donalds has compiled a perfect pro-Second Amendment record.  As a freshman state representat...

Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General - Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General June 9, 2026 TALLAHASSEE, FL — Gun Owners of America & Fuerza 2A are proud to endorse James Uthmeier for Florida Attorney General, citing his proven record of defending the Second Amendment and standing with law-abiding gun owners. As Florida’s Attorney General, Uthmeier has used … Read more

Senators press Trump to fill vacant FDIC, SEC board seats - No Democrats serve in seats reserved for the minority party at several regulators, yet the White House may nominate a replacement for an outgoing Republican SEC commissioner, senators said.

Oklahoma’s BancFirst to buy SpiritBank, boost Tulsa presence - The deal, set to close in the fourth quarter for an undisclosed sum, marks the second Tulsa-area bank acquisition in roughly a year for BancFirst.

No ‘designated geniuses’: How BofA democratizes innovation - “Innovation isn’t in its own lane,” said Cameron Wadley, a Bank of America managing director whose patents are at the foundation of the bank’s AI assistant Erica.

Warren blasts Goldman’s Solomon over reports that legal chief is staying - Sen. Elizabeth Warren and another lawmaker wrote the CEO after stories surfaced that he “pressed” Epstein-tied attorney Kathryn Ruemmler to remain an adviser at the bank after her resignation takes effect.

JPMorgan, Barclays, Fifth Third’s Tricolor suit dismissed - A judge said he would explain "in due course" his reasoning for tossing the suit, in which plaintiffs alleged the banks missed the now-bankrupt auto lender's “blatant double-pledging scheme.”

Anthropic shuts down Mythos 5, Fable 5 due to government order - The government said it was responding to a jailbreaking risk that Anthropic says is minimal.

House Republicans rally around regional Fed banks - Lawmakers from both parties defended regional Federal Reserve banks against potential consolidation, arguing local economic perspectives are essential to ensure monetary policy remains sound.

Banks fight to scrap an SEC cyberattack rule - The same groups want the Securities and Exchange Commission to drop its breach-disclosure rule while asking Congress to keep a confidential threat-sharing law.

Adyen shells out $335 million on AI to bolster corporate billing - The Dutch payment processor has agreed to acquire artificial intelligence-powered fintech biller Orb, its second acquisition in three months in an effort to speed development.

City National names COO, JPMorgan sells Lego version of new HQ - City National Bank appointed longtime executive David Cameron as chief operating officer; JPMorganChase is selling a limited-edition Lego version of its new midtown Manhattan headquarters; Esquire Financial Holdings received regulatory approval to complete its acquisition of Signature Bank in Chicago; and more.

Credit supply in the wake of distressed bank acquisitions - by Ryan Niladri Banerjee, Francisco González, José E Gutierrez, José María Serena GarraldaThis paper examines the credit supply effects of sale-of-business (SoB) bank resolutions under the post-Global Financial Crisis regulatory framework, focusing on the resolution of a major Spanish bank. We provide the first micro-level evidence of how an SoB resolution reshapes credit allocation. The acquir...

The anatomy of stablecoin transactions - by Fabian Schär, Anneke Kosse, Tara Rice, Takeshi Shirakami, Jirapat SiridhasanakulStablecoin transfers are often interpreted as payments. On programmable blockchains, however, they are frequently embedded in atomically executed transaction bundles that combine trading, lending, arbitrage, liquidity provision, and settlement. We show that ignoring this structure materially distorts the interpre...

Strengthening the going-concern role of AT1: options and trade-offs - Additional Tier 1 (AT1) instruments are designed to operate as going-concern capital. In instances where the issuer reaches the point of non-viability, these instruments also support an orderly resolution of a gone concern. Nonetheless, in practice, the effectiveness of AT1 Instruments in fulfilling their primary role as going-concern capital is undermined by low trigger thresholds, the discre...

Federal Reserve Board announces final rule that establishes data standards for certain information collections - Federal Reserve Board announces final rule that establishes data standards for certain information collections

Federal Reserve Board announces that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT. - Federal Reserve Board announces that results from its annual bank stress test will be released on Wednesday, June 24, at 4 p.m. EDT.

Agencies remove additional references to reputation risk - Agencies remove additional references to reputation risk

Press Release: FDIC Issues List of Banks Examined for CRA Compliance - PRESS RELEASE | JUNE 5, 2026 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) t...

Press Release: Agencies Remove Additional References to Reputation Risk - PRESS RELEASE | JUNE 2, 2026 Agencies Remove Additional References to Reputation Risk WASHINGTON—The federal bank regulatory agencies today join...