Precious Metals and Market News

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Kitco News

It’s only the first week - (Kitco News) - On Monday, Donald Trump was sworn in as the 47th President of the United States, and at least for gold investors, it’s been a pretty good start.

Supermajority of Wall Street and Main Street see gold challenging all-time highs next week with central bank decisions on deck - The latest Kitco News Weekly Gold Survey showed industry experts as bullish as they’ve ever been on the yellow metal, while retail traders also showed renewed confidence in gold’s ability to reestablish record-high prices.

Gold price could hit record highs as Trump fights the Fed on monetary policy - (Kitco News) - The Federal Reserve is expected to leave interest rates unchanged at next week’s monetary policy meeting.

Gold nears $2,800 all-time high as BoJ rate hike fuels bullish momentum and global inflation concerns - (Kitco News) - The gold market is once again within striking distance of all-time highs above $2,800 an ounce as the metal continues to attract international attention.

Spot gold near session high above $2,780/oz after U.S. existing home sales rise 2.2% in December - (Kitco News) - Gold prices are trading near session highs after the latest data showed the U.S. housing market improved beyond expectations in December.

Gold prices holding firm as U.S. flash PMI shows slowing economic activity - (Kitco News) - While off its highs, gold continues to hold solid gains within striking distance of fresh all-time highs as economic activity led by the service sector continues to weaken.

Price gains for gold, silver as Trump eases tone on China tariff threats - (Kitco News) - Gold and silver prices are solidly higher in early U.S. trading Friday, with gold scoring a nearly three-month high and closing in on its record highs.

Bitcoin January 24 daily chart alert - Bulls holding the line - (Kitco News) - Friday, January 24--February bitcoin futures prices are firmer in early U.S. trading Friday. Not much new. Bulls are holding the line and still have the near-term technical advantage.

Gold market analysis for January 24 - key intra-day price entry levels for active traders - (Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.

Silver will lead the metals sector with 14% gain in 2025 as solar demand tilts market into long-term deficit – StoneX 2025 Outlook - (Kitco News) – Silver is set to outperform all precious and base metals this year as its monetary status enables it to follow gold prices higher, while also benefiting from the rising floor of industrial demand, according to StoneX Financial.

Zero Hedge

Rubio Tells Chinese Counterpart That US Interests Come First - Rubio Tells Chinese Counterpart That US Interests Come First Authored by Dorothy Li via The Epoch Times (emphasis ours), U.S. Secretary of State Marco Rubio has told his Chinese counterpart that the Trump administration will prioritize American interest in its relationship with communist China, according to the State Department. Marco Rubio testifies before the Foreign Relations C...

How Consciousness Opens Doors To Higher Dimensions - How Consciousness Opens Doors To Higher Dimensions Authored by Yuhong Dong M.D., Ph.D. & Makai Allbert via The Epoch Times (emphasis ours), Dr. Eben Alexander was at the height of his career as a neurosurgeon. With a doctorate in medicine from Duke University and a residency from Harvard, he believed he understood consciousness and the brain. However, on Nov. 10, 2008, a rare and ...

59% Of Americans Don't Have Enough Savings For A $1,000 Emergency: Report - 59% Of Americans Don't Have Enough Savings For A $1,000 Emergency: Report Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Most Americans cannot afford a $1,000 emergency expense, with inflation and high interest rates affecting their ability to save adequately, according to a recent survey by consumer services company Bankrate. Organic produce for sale at a Ral...

US Passed Secret Intelligence To AQ-Linked Rulers Of Syria: WaPo - US Passed Secret Intelligence To AQ-Linked Rulers Of Syria: WaPo Hayʼat Tahrir al-Sham (HTS), which rules Syria from Damascus under Jolani, is still a designated Foreign Terrorist Organization under US law. The only change which happened at the end of the Biden administration was that the US $10 million bounty on Jolani's head was removed, at a moment Western officials have engaged...

New Documents: Hunter Biden's Name, Signature Tied To $60 Million Fraud Investigation - New Documents: Hunter Biden's Name, Signature Tied To $60 Million Fraud Investigation Recently pardoned Hunter Biden has once again found himself at the center of controversy, as newly surfaced bank records and corporate documents indicate that a shared bank account linked to the future first son was used in a fraudulent bond transaction tied to Burnham Asset Management. The firm w...

Experts Warn Of China's Escalating Cyberattacks On Japan And US Defenses - Experts Warn Of China's Escalating Cyberattacks On Japan And US Defenses Authored by Sean Tseng and Jon Sun via The Epoch Times (emphasis ours), Chinese cyberattacks on Japan’s defense, aerospace, and advanced technology sectors are increasing at an alarming rate, indicating what experts refer to as a broader strategy to undermine the technological and military strengths of democr...

Federal DEI Officials Try To Disguise To Keep Their Jobs, But There's Nowhere To Hide - Federal DEI Officials Try To Disguise To Keep Their Jobs, But There's Nowhere To Hide The hunt begins.  On day one of his second term Donald Trump put the federal government’s weight behind the national push to end DEI programs by signing an executive order that would effectively dismantle them from all aspects of the federal government. The executive action calls for the terminat...

Supreme Court Allows Law Requiring Small Businesses To Report Ownership Information - Supreme Court Allows Law Requiring Small Businesses To Report Ownership Information Authored by Matthew Vadum via The Epoch Times (emphasis ours), The U.S. Supreme Court voted 8–1 on Jan. 23 to allow the federal government to enforce an anti-money laundering law that a lower court blocked late last year. The U.S. Supreme Court in Washington on Jan. 15, 2025. Madalina Vasiliu/The E...

Trump: Zelensky Passed on Deal, 'Decided To Fight' & Is 'No Angel' - Trump: Zelensky Passed on Deal, 'Decided To Fight' & Is 'No Angel' President Donald Trump appeared on Hannity at the end this week and offered a blunt, critical assessment of Zelensky's decision-making in the Russia-Ukraine war. He strongly suggested that Ukrainian President Zelensky's policies have only prolonged the war. This includes the unspoken truth that prior Biden administ...

House Passes Bill To Protect Babies Born Alive After Failed Abortions - House Passes Bill To Protect Babies Born Alive After Failed Abortions Authored by Samantha Flom via The Epoch Times (emphasis ours), A bill to establish standards of care for babies born alive after failed abortions passed along party lines in the House on Jan. 23. The 217–204 vote followed a heated debate in the chamber, during which Republicans stressed that the bill was not ab...

MarketWatch - Top Stories

‘Her crooked son has taken everything’: My fiancé’s 100-year-old aunt was swindled out of $100,000. How can we help? - “Her son threatened to put her in a nursing home if she didn’t send his check by Friday.”

‘I trust that my husband isn’t a gold digger’: I’m inheriting millions of dollars. My husband says I’m ‘selfish’ to keep it. Should I share it? - “I have been a stay-at-home mom for the past five years and my husband is the sole breadwinner.”

My sister made frequent withdrawals from the ‘bank of Mom and Dad.’ Now our family is torn apart. What can I do? - “My sister did nothing because she was a girl, and my brother was too young to help.”

‘I paid for everything from day one’: My husband barely worked during our marriage. Can I leave my $500,000 IRA to my son? - ‘I do not want my husband to be able to come back to my son and claim the money’

‘My retirement is going to be a disaster’: I’m 59 and have $45,000 in my 401(k). I earn $72,000. Am I doomed? - “My student loans are burying me.”

Why Trump should forget about corporate tax cuts in his first 100 days - Corporate tax cuts are inflationary and could spell trouble for Republicans in the 2026 election.

Airfares could soar almost 20% in the next few months. Here’s how to save on flights. - Blame it on the law of supply and demand, say experts, as people are eager to travel.

Trump rolls back effort to lower Medicare, Medicaid drug costs - Trump’s executive order halts an effort to cap the copayment for generic medications at $2 for Medicare beneficiaries.

There’s little to keep the stock market down as retiring boomers share their wealth - Market strategist Ed Yardeni: Expect the S&P 500 to hit 7,000 this year and 8,000 in 2026

I’m 63 and tried claiming Social Security early, but it was declined because I’m still working. Is that allowed? - “I was told as long as I work, I have to wait until I am 67 to start drawing my Social Security.”

CNBC Top News

Aerial firefighting companies' new challenge: Keeping up with demand - Aerial firefighting companies supplement federal and state firefighting fleets, and their services are in high demand.

CIA believes Covid-19 likely caused by lab leak, NBC News reports - "CIA continues to assess that both research-related and natural origin scenarios of the COVID-19 pandemic remain plausible."

Senate confirms South Dakota Gov. Kristi Noem as Trump's homeland security secretary - The Senate confirms South Dakota Gov. Kristi Noem as Trump's homeland security secretary.

Trump fires at least 12 inspectors general overnight in legally murky move - A senior administration official said the move was an effort to let go of parts of the Biden administration that don’t “align” with the Trump administration.

White House in talks to have Oracle and U.S. investors take over TikTok, NPR reports - The Trump administration is working on a plan to save TikTok that involves Oracle and a group of outside investors to take control of the app's operations.

CNBC Economy

A record number of consumers are making minimum credit cards payments as delinquencies also rise - The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.

Charting the Biden economy: Despite all the growth and jobs, a deeply unpopular president - To the untrained eye, Joe Biden leaves the presidency with what appears to be a sterling economic record.

Home insurance costs soaring as climate-related events surge, Treasury Department says - During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation.

UK economy's disappointing November growth fuels the case for Bank of England rate cut - The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.

Core inflation rate slows to 3.2% in December, less than expected - The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.

GATA

Physical gold and silver markets are leaving paper markets behind, Maguire tells LFTV - 7:56a ET Saturday, January 25, 2025 Dear Friend of GATA and Gold: On this week's edition of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says that the markets for physical gold and silver have sharply separated from the paper markets, as indicated by rising gold lease rates, and that central banks, bullion banks, and even major investors have figured out th...

Alasdair Macleod: Will Comex face gold import tariffs? - By Alasdair MacleodGoldMoney, TorontoFriday, January 24, 2025 For the last two weeks before and after Trump's inauguration on 20 January, gold has recovered to almost new highs in dollars.  In European trade this morning, gold was trading at $2,774, up $73 on the week, and silver was $30.85, up 53 cents, for a gold/silver ratio of nearly 90 times.  ... Dispatch continues below ... ... ADVERTIS...

Air Canada ordered to pay just $18,000 for stolen $24 million crate of gold - By Adrian HumphreysNational Post, TorontoThursday, January 23, 2025 In the messy aftermath of the Toronto airport gold heist, in which $24 million in gold bars and cash was driven away by thieves from an Air Canada warehouse­, the airline has been ordered by the federal court to pay Brink's transport company just $18,600 in compensation for their huge loss because of poorly completed paperwork ...

Morgan Stanley finds 'silent plurality' ready to sell dollar - By Ruth CarsonBloomberg Newsvia Yahoo News, Sunnyvale, CaliforniaFriday, January 24, 2025 Traders looking to sell the world's reserve currency are far more common than thought even as the dollar's dominance rips across markets, according to Morgan Stanley. "While dollar bulls are numerous and perhaps most vocal in expressing their views, there seems to be a more 'silent' plurality of investors ...

Joshua D. Glawson: The five best books on sound money in 2025 - By Joshua D. GlawsonMoney Metals Exchange, Eagle, IdahoWednesday, January 22, 2025 Sound money, composed of gold and silver, has historically been a way to establish economic and financial stability, build wealth, plan for the future, and hedge against tyrannical government overreach.   The "soundness" in sound money refers to its validity and reliability, much like a sound argument in logic. C...

MishTalk

Trump Assigns Musk a New Role as Head of Gov’t Digital Service - To avoid FACA lawsuits, Musk to head Digital Service, renamed to DOGE. A feud over AI still simmers.

Counting Hidden Debt, BYD’s True Net Debt Is $44 Billion - Chinese automaker BYD is “addicted” to supply chain financing, masking a huge debt load, but it's selling cars like mad.

For the Full Year, 2024 Existing-Home Sales Lowest in Nearly 30 Years - 2024 was a terrible year for Realtors. Will 2025 be any better?

Wolf Street

DOGE Seeks to Shed Vast Amounts of Government Office Space. Here’s How Much the Government Leases, and Where, and What Leases it Can Shed During Trump’s Term - For CRE, the motto in 2024 was “Survive till 2025” via extend-and-pretend. Now it’s 2025, and here comes the government’s office space.

Sales of Existing Homes Finally Begin to Thaw a Little, amid Highest Supply for December since 2018 - 2024 was the worst year since 1995 for sales because prices are too high after the 50% spike in 2019-2022.

Collapse of the Solar Stocks - This is about stock market craziness, not about solar power.

Naked Capitalism

Links 1/25/2025 -
Michael Hudson: Trump’s Balance-of-Payments War on Mexico, and the Whole World - Why US trade and economic threats against Mexico could trigger a financial/currency crisis that may propagate across the Global South

President Trump Promises to Make Government Efficient − and He’ll Run Into the Same Roadblocks as Presidents Taft, Roosevelt, Roosevelt, Truman, Eisenhower, Carter, Reagan, Clinton and Bush, Among ... - Why "make government efficient" and cost cutting programs are close to destined to come up short.

Legal Tender News

About legal tender - Bank notes issued by the Bank of Canada, together with coins issued by the Royal Canadian Mint, are what is known as “legal tender.” That’s a technical term meaning the Government of Canada has deemed ...

Florida Senator Proposes Bill To Recognize Gold, Silver, And Digital Currency As Legal Tender - A groundbreaking bill introduced in the Florida Senate seeks to establish gold, silver, and electronic currency backed by precious metals as legal tender in the state. Sponsored by Senator Rodriguez, ...

Is the Donald Trump 2nd Term Inauguration Collectible $2 Bill Worth It? Proud Patriots Weigh In - In collectibles, few items capture the spirit of a moment, like a specially minted currency. The Donald Trump 2nd Term Inauguration – Collectible $2 Bill does just that, serving as a piece of legal ...

The Fall Of Bitcoin In The Central African Republic: Why This Legal Tender Experiment Failed - Just a year after making bitcoin legal tender, the Central African Republic (CAR) abandoned its plans to revitalize its country. Why? This is an opinion editorial by Jonathan Buck, founder of JB & GS ...

Can Bitcoin as Legal Tender Reshape a Nation's Economy? Lessons from El Salvador - When El Salvador brazenly adopted Bitcoin as legal tender in 2021, it straightaway became a kind of lodestone that generated debate about the cryptocurrency’s role in shaping a nation's economic ...

CoinDesk

State of Crypto: Trump's Second First Week - Donald Trump and the GOP hit the ground running in his first week as the new U.S. president.

It's Easier Than You Think to Build With AI and Web3 - The combination of AI and Web3 could turn us all into developers, says Bailey Reutzel, after attending a recent boot camp sponsored by Coinbase.

Nasdaq Files for In-Kind Redemptions for BlackRock Spot Bitcoin ETF - The Securities and Exchange Commission had previously only allowed cash redemptions when the spot bitcoin ETFs were approved last January.

TRUMP Token Frenzy Drives Solana Stablecoin Supply to $10B, Record DEX Volumes - While Circle's USDC led stablecoin growth on Solana, other issuers also expanded their stablecoins to the network recently, one analyst noted.

Congressional Republicans in Hot Pursuit of Biden-Era's Crypto Debanking - The House Oversight and the Senate Banking committees are probing accusations that U.S. regulators blocked crypto insiders from banking.

Best of the Week: It’s All Happening! - CoinDesk’s coverage this week took in a memecoin juggernaut, major changes in the SEC’s approach to crypto, an executive order on digital assets, and heated debate over Ethereum’s future. Meanwhile, Silk Road founder Ross Ulbricht finally stepped free, as Trump followed through a big promise to the crypto community.

Next Stop for DePIN: Taco Bell - A string of everyday franchise businesses are forming part of a DePIN network for decentralized air quality on Solana, showing how mainstream DePIN is becoming.

EasyA Wants to Attract More Than Just ‘Bounty Hunters’ to Its Hackathons - The start-up is hosting hackathons at the upcoming Consensus conferences in Hong Kong and Toronto that are expected to attract hundreds of developers.

Ledger Co-Founder's Kidnapping Highlights Threat of Crypto Robberies - David Balland and his wife were rescued in a police operation involving elite units, Paris Prosecutor Laure Beccuau said.

CoinDesk 20 Performance Update: HBAR Gains 8.0% as Nearly All Assets Trade Higher - Solana (SOL) joined Hedera (HBAR) as a top performer, gaining 4.8% from Thursday.

bitcoin.com

US Lawmakers Back Trump’s Bold Crypto Orders for US Leadership - Key lawmakers back President Trump’s bold move on digital assets, signaling a seismic shift in U.S. financial policy and innovation leadership. Lawmakers Hail Executive Orders on Digital Assets House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have applauded President Donald Trump for his recent Executive Orders on digital financial […]

Blackrock CEO Larry Fink Believes Bitcoin Could Reach $700K - Blackrock’s CEO believes that institutional bitcoin adoption could push BTC’s price to $700,000, highlighting its role as a hedge against currency debasement and financial instability. Larry Fink: Institutional Bitcoin Demand Could Boost Prices to $700K The CEO of Blackrock, the world’s largest asset manager, Larry Fink, shared bold predictions about bitcoin’s future value during a […]

Bitcoin Giant Microstrategy Caught in Biden’s Tax Web - This week, The Wall Street Journal highlighted potential tax complications for the publicly traded company Microstrategy, particularly concerning unrealized gains. According to the report, the Corporate Alternative Minimum Tax (CAMT), introduced under the Biden administration, could impose a notable financial obligation on the firm. Microstrategy’s Billion-Dollar Bitcoin Gamble Hits a Snag: CAM...

XRP Market Update: Consolidation at $3.10 Sparks Anticipation of Major Breakout - XRP is currently trading at $3.12, with a market capitalization of $179 billion, a 24-hour trading volume of $3.29 billion, and an intraday price range of $3.08 to $3.14, indicating critical levels for traders to monitor. XRP XRP’s 1-hour chart reveals a consolidation phase as the crypto asset trades in a narrow range between $3.10 […]

Report: Musk’s Department of Government Efficiency Eyes Blockchain Adoption - Elon Musk and the Department of Government Efficiency (DOGE), which he leads, are reportedly exploring the use of blockchain technology to modernize federal government systems, according to a Bloomberg report. Musk-Led Government Efficiency Department Engages Blockchain Providers Bloomberg disclosed that the initiative aims to evaluate blockchain applications in areas such as federal spending t...

Reason

Trump Tries To Fire Inspectors General, Likely Violating Federal Law - A law passed in 2022 requires the president to give Congress a "substantive rationale" for removing inspectors general. Trump has not done that.

"Inside State-Run 'Bias-Response Hotlines,' Where Fellow Citizens Can Report Your 'Offensive Joke'" - An interesting story by Aaron Sibarium in the Washington Free Beacon. It offers a good deal of fairly concrete detail,… The post "Inside State-Run 'Bias-Response Hotlines,' Where Fellow Citizens Can Report Your 'Offensive Joke'" appeared first on Reason.com.

Today in Supreme Court History: January 25, 1819 - 1/25/1819: Thomas Jefferson charters the University of Virginia. 176 years later, the Supreme Court would decide Rosenberger v. Rector and Visitors… The post Today in Supreme Court History: January 25, 1819 appeared first on Reason.com.

Banks Are Narcing on You Because Congress Forces Them To - The Bank Secrecy Act regime forces banks to report customers to the government for an ever-growing list of “red flags.”

Amanda Knox Was Falsely Charged With Murder. Italy Calls Her Coerced Confession 'Slander.' - "I can tell you that I have never been put in a position of doubting my own sanity like I was in the hands of those police officers," Knox tells Reason.

Trump's Orders Feature Nonexistent Emergencies, Illegal Power Grabs, and Blatant Inconsistencies - But at least he restored respect for a tariff-loving predecessor by renaming a mountain.

Acting SG Asks SCOTUS To Hold Briefing Schedules For Pending Cases - The Solicitor General has filed briefs in three cases, currently pending on the docket. First, in Diamond Alternative Energy v.… The post Acting SG Asks SCOTUS To Hold Briefing Schedules For Pending Cases appeared first on Reason.com.

Rand Paul: Banning TikTok Is 'Group Hysteria' - "Every day I confront a bill that wants to ban another Chinese company," the Kentucky senator tells Reason.

Friday Open Thread - The post Friday Open Thread appeared first on Reason.com.

SCOTUS Grants Cert In Oklahoma Charter School Case, With Justice Barrett Recused - Today the Court granted review in Oklahoma Charter School Board v. Drummond. This is an important religious liberty case concerning "whether… The post SCOTUS Grants Cert In Oklahoma Charter School Case, With Justice Barrett Recused appeared first on Reason.com.

Cato Institute

Trump's Energy Emergency Widens the Arc of the Political Pendulum - Trying to build cost-effective, long-lived American energy infrastructure under a set of rules that change every four years is absurd. A political regime of emergency authority ping pong is a game no one wins. If we want the energy sector to thrive, we need a policy environment where markets determine outcomes rather than top-down mandates or fleeting political whims.

Executive Order on Digital Assets and Financial Technology Is a Great Start - It remains to be seen exactly how this plays out, but these explicit statements represent a huge positive change. They look very much like a 180-degree reversal in the executive branch’s view toward crypto, and it’s very hard not to take that as a good sign.

Friday Feature: Sonoran Learning Collective - A homeschool mom who founded a hybrid microschool is excited to see how Empowerment Scholarship Accounts are transforming the education landscape in Arizona.

"Repeal the Tax Exclusion for Employer-Sponsored Insurance to Transfer Health Care Spending Focus to Individuals" - Rep. Roy’s proposal would also accomplish what the Cadillac tax could not: cap the exclusion for high-income earners, thereby shifting the burden of federal taxes up the income scale. Republicans and Democrats should take note.

Trump Orders Declassification of Remaining JFK, RFK, and MLK Assassination Records - I’m glad Trump has taken executive action on the records involving the Kennedy brothers and Dr. King, but he can and should go vastly further when it comes to historical record declassification.

Tenth Amendment Center

Defend the Guard Act: Maine Legislation Would End Unconstitutional Deployments - The Maine Defend the Guard Act would prohibit the governor from releasing any unit or member of the Maine National Guard into “active duty combat” unless Congress passes an “official declaration of war” as required by Article I, Section 8, Clause 11 of the Constitution, or if Congress takes “an official action for an enumerated purpose under the United States Constitution, Article I, Section 8,...

Iowa Bill Would Establish 100% Backed Gold and Silver Transactional Currency - Legislation introduced in the Iowa Senate would establish a gold and silver backed currency system, offering Iowans a practical alternative to Federal Reserve notes and challenging the central bank's monopoly on money. The post Iowa Bill Would Establish 100% Backed Gold and Silver Transactional Currency first appeared on Tenth Amendment Center.

Defend the Guard Act: North Dakota Committee Holds Hearing on Bill to End Unconstitutional Deployments - Today, a North Dakota House committee held a hearing on a bill that would prohibit the state’s National Guard from being deployed into “active duty combat” unless Congress issues a declaration of war or calls the Guard into service for one of three constitutionally-authorized purposes. The post Defend the Guard Act: North Dakota Committee Holds Hearing on Bill to End Unconstitutional Deployment...

Electronic Frontier Foundation

EFF to Michigan Supreme Court: Cell Phone Search Warrants Must Strictly Follow The Fourth Amendment’s Particularity and Probable Cause Requirements - Last week, EFF, along with the Criminal Defense Attorneys of Michigan, ACLU, and ACLU of Michigan, filed an amicus brief in People v. Carson in the Supreme Court of Michigan, challenging the constitutionality of the search warrant of Mr. Carson's smart phone. In this case, Mr. Carson was arrested for stealing money from his neighbor's safe with a co-conspirator. A few months later, law enforcem...

Face Scans to Estimate Our Age: Harmful and Creepy AF - Government must stop restricting website access with laws requiring age verification. Some advocates of these censorship schemes argue we can nerd our way out of the many harms they cause to speech, equity, privacy, and infosec. Their silver bullet? “Age estimation” technology that scans our faces, applies an algorithm, and guesses how old we are – before letting us access online content and op...

Second Circuit Rejects Record Labels’ Attempt to Rewrite the DMCA - In a major win for creator communities, the U.S. Court of Appeals for the Second Circuit has once again handed video streaming site Vimeo a solid win in its long-running legal battle with Capitol Records and a host of other record labels. The labels claimed that Vimeo was liable for copyright infringement on its site, and specifically that it can’t rely on the Digital Millennium Copyright Act’s...

Electronic Privacy Information Center

In Doe v. Grindr, EPIC Urges Ninth Circuit to Continue Using Its Narrow, Nuanced Section 230 Approach - EPIC submitted an amicus brief in the case Doe v. Grindr on Friday, which involves the proper interpretation of Section 230 of the Communications Decency Act. The case is a lawsuit against Grindr, a popular dating app for the LGBTQ+ community that has often come under fire for allegedly prioritizing profits over users’ privacy and … Continued

Second Circuit Narrows Scope of Anti-Robocall Law, Dissenting Judge Argues for Broader Reading in Line with EPIC and NCLC Interpretation - Second Circuit dissent is now the second circuit-level dissent in support of a TCPA autodialer definition that broadly protects consumers.

Senate AI Roadmap Fails to Recognize or Address AI Harms - The Senate AI working group released its roadmap for AI today after months of closed-door discussions. The document speaks at great length of AI’s potential, but fails to adequately acknowledge or address AI’s existing harms. This mindset that AI adoption is both good and inevitable prevents the roadmap from meaningfully engaging with the many criticisms … Continued

The Institute For Justice - Press Releases

Public Interest Law Firm Calls on City of Germantown to Cease Enforcement Against Resident Over “Spooky” Christmas Decorations - ARLINGTON, Va.—Today, the Institute for Justice (IJ) sent a letter to city officials in Germantown, Tennessee, calling on them to cease all enforcement actions against […] The post Public Interest Law Firm Calls on City of Germantown to Cease Enforcement Against Resident Over “Spooky” Christmas Decorations appeared first on Institute for Justice.

DEA Ends Transportation Interdiction Program After Watchdog Report Triggered by Footage Showing Agents Threatening, Abusing Innocent Traveler - ARLINGTON, Va.—In a memo quietly issued last week, the Drug Enforcement Administration (DEA) ceased operations of its controversial Transportation Interdiction Program (TIP). The program’s “consensual […] The post DEA Ends Transportation Interdiction Program After Watchdog Report Triggered by Footage Showing Agents Threatening, Abusing Innocent Traveler appeared first on Institute for Justice.

Judge Dismisses Attorney’s Case Challenging Court’s Gag Order Rule; Attorney Will Appeal Decision - NASHVILLE, Tenn.—On Tuesday, Senior Circuit Judge Julia Gibbons of the 6th U.S. Circuit Court of Appeals, who was specially assigned to the U.S. District Court […] The post Judge Dismisses Attorney’s Case Challenging Court’s Gag Order Rule; Attorney Will Appeal Decision appeared first on Institute for Justice.

Second Amendment Foundation

SAF MEMBERS ELIGIBLE FOR CA NON-RESIDENT CARRY PERMITS - BELLEVUE, Wash. — Jan. 24, 2025 — A district court has ruled that members of the Second Amendment Foundation (SAF) nationwide can soon apply for a non-resident carry permit in California. The United States District Court for the Central District of California issued a preliminary injunction in CRPA v. LASD, SAF’s legal challenge to the The post SAF MEMBERS ELIGIBLE FOR CA NON-RESIDENT CARRY PER...

SAF WINS CHALLENGE TO PENNSYLVANIA CARRY BAN FOR YOUNG ADULTS - BELLEVUE, WA – Jan. 13, 2025 – The Second Amendment Foundation has won a victory for young adults in Pennsylvania, where a panel of the Third U.S. Circuit Court of Appeals ruled 2-1 to remand the case back to the District Court with instructions to enter an injunction forbidding the state police from arresting law-abiding The post SAF WINS CHALLENGE TO PENNSYLVANIA CARRY BAN FOR YOUNG ADULTS ap...

SUPREME COURT DISTRIBUTES THIRD SAF CASE FOR CONFERENCE - BELLEVUE, Wash. — Jan. 9, 2025 — The U.S. Supreme Court has distributed a third Second Amendment Foundation (SAF) case, B&L Productions v. Newsom, for conference on Friday, Jan. 24. The case challenges California’s statutes which ban gun shows on state-owned property. Because the gun shows at issue are not only opportunities to view and The post SUPREME COURT DISTRIBUTES THIRD SAF CASE FOR CONF...

Gun Owners of America

VA: Multiple Gun Bills Pass Out of Committee - As you remember from our alert last week, the anti-gunners in the Virginia General Assembly have introduced many anti-gun bills. Unfortunately, those bills have now passed out of committee. The 12 anti-gun bills that have left committee are: SB 848, Senator Salim, bans anyone under 21 from purchasing an “assault firearm.” SB 880, Senator Ebbin, bans carrying of 1) a … Read more

CO: Semi-Auto Ban in Committee! - Anti-gun legislators in Colorado are already advancing a bill designed to strip you of your fundamental right to keep and bear arms. I am talking about Senate Bill 25-003. This legislation bans the manufacturing, distributing, transferring, selling, or purchasing of semi-automatic rifles and shotguns which use detachable magazines. It also bans gas-operated handguns with detachable magazines. I...

GOA & GOF, on Behalf of Carl Higbie, Filed a Motion of Summary Judgment in NY to Expand Victory from NYC - GOA & GOF, ON BEHALF OF CARL HIGBIE, FILED A MOTION OF SUMMARY JUDGEMENT IN NY TO EXPAND VICTORY FROM NYC FOR IMMEDIATE RELEASE  January 24, 2025  Washington, D.C. — Gun Owners of America (GOA) and Gun Owners Foundation (GOF), on behalf of Carl Higbie and two other plaintiffs, have filed a motion for summary judgment aimed at expanding nonresidents’ … Read more

Banking Dive

JPMorgan raises Dimon’s pay to $39M in 2024 - The 8.3% boost in compensation – after JPMorgan reported record profit – puts Dimon’s pay on par with that of Goldman Sachs CEO David Solomon. 

TD names next AML chief - Jacqueline Sanjuas joined the bank last year, months before the Justice Department made public its investigation into TD’s anti-money laundering issues.

Trump accuses Bank of America of political de-banking - The lender rebuffed allegations that it is less welcoming to conservatives after the president blindsided CEO Brian Moynihan with a barb during a Q&A session at the World Economic Forum in Davos, Switzerland.

Trump order embraces stablecoins, bars CBDCs - President Donald Trump issued a “digital financial technology” executive order Thursday backing the cryptocurrency industry and terminating any federal work on a central bank digital currency.

California credit union to buy in-state bank - The $56.4 million acquisition of Community Valley Bank will give Frontwave Credit Union $315.8 million in added assets, five locations and entry to Imperial County.

American Banker

Congressional committees to investigate 'debanking' of crypto - The Senate Banking Committee and House Oversight Committee will hold hearings next week on banks dropping customers, an issue that has gained currency from crypto enthusiasts in recent months.

First Citizens reels in profits as loans and deposits grow - The Raleigh, North Carolina-based company reported a double-digit increase in net income for the fourth quarter and continues to see upside in its Silicon Valley Bank unit.

SouthState outpaces estimates, buoyed by NII and fees - Just weeks after closing its purchase of Independent Bank Group, SouthState reported higher than expected earnings per share for the fourth quarter.

Stearns Bank acquisition reflects shift in warehouse lending - The acquisition adds mortgage warehouse lending to Minnesota's Stearns Bank, the latest to offer the service during a multiyear period that has seen several new entrants and exits.

Associated sees greener pastures in 2025 after fourth-quarter loss - The Green Bay, Wisconsin bank lost $164 million after selling $2 billion of loans and securities for a loss. Asset quality remains strong while the balance-sheet restructuring tees Associated up for a strong rebound this year, executives say.

Bank of International Settlements

Archives and Library Officer (50%) - Application deadline: 13 February 2025 | Basel, Switzerland

Privacy-enhancing technologies for digital payments: mapping the landscape - by Raphael Auer, Rainer Böhme, Jeremy Clark, Didem DemiragHow can technology enhance privacy in digital payment systems? This paper presents a systematic evaluation of the interests of privacy-conscious users, commercial data holders, and law enforcement. We classify privacy-enhancing designs along the dimensions of privacy versus auditability, as well as soft institution-based versus hard tech...

Ida Wolden Bache: Policy rate will likely be reduced in March - Introductory statement by Ms Ida Wolden Bache, Governor of Norges Bank (Central Bank of Norway), at the press conference following Norway's announcement of the policy rate, Oslo, 23 January 2025.

Federal Reserve - Press Releases

Federal Reserve Board announces termination of enforcement action with Marblehead Bancorp and Marblehead Bank - Federal Reserve Board announces termination of enforcement action with Marblehead Bancorp and Marblehead Bank

Federal Reserve Board announces it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) - Federal Reserve Board announces it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS)

Federal Reserve Board announces approval of proposal by First Busey Corporation - Federal Reserve Board announces approval of proposal by First Busey Corporation

FDIC - Press Releases

Press Release: FDIC Approves Merger Application for WesBanco Bank, Inc., Wheeling, West Virginia - PRESS RELEASE | JANUARY 24, 2025 FDIC Approves Merger Application for WesBanco Bank, Inc., Wheeling, West Virginia WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) approved a Bank Merger Act (BMA) application submitted by WesBanco Bank, Inc., Wheeling, West...

Press Release: FDIC Withdraws from the Network of Central Banks and Supervisors for Greening the Financial System - PRESS RELEASE | JANUARY 21, 2025 FDIC Withdraws from the Network of Central Banks and Supervisors for Greening the Financial System WASHINGTON – Effective today, the Federal Deposit Insurance Corporation (FDIC) has withdrawn from the Network of Central Banks and Supervi...

US Mint - Press Releases

2024 United States Mint Limited Edition Silver Proof Set™ Available on Nov. 5 - WASHINGTON – The 2024 United States Mint (Mint) Limited Edition Silver Proof Set will be available for purchase beginning on November 5 at noon EST.  Mintage is limited to 50,000 sets, with orders limited to one set per household for... The post 2024 United States Mint Limited Edition Silver Proof Set™ Available on Nov. 5 appeared first on United States Mint.

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