Merger of rivals would face intense scrutiny from US regulators
Central bank chair has faced intense criticism from Trump administration over the project
President preparing executive order to allow 401k plans to tap broad pool of alternative assets
Legislation will pave the way for banks to launch digital assets
The president has a number of options to take action against Jay Powell, but they all come with risks
Daughter of former FBI director James Comey also worked on Sean Combs case
Office of Management and Budget director Russ Vought says officials plan to visit central bank in ‘the next week or so’
The president’s leadership style strikes a chord with many but his tariffs offer Beijing more openings
NPR and PBS would lose federal funding under measure that now goes back to House of Representatives
President enters long-running debate about the health effects of different types of sweetener
Hosts say US still committed to grouping after Treasury secretary skips gathering of finance chiefs in Durban
Framing Beijing as a mortal enemy will hamper US growth and reduce Washington’s global influence
Also in today’s newsletter, US president reaps $50bn tariff haul as world ‘chickens out’
The message from markets is clear: if you follow through on firing Powell, the dollar will get smoked
US president’s offensive against Jay Powell has prompted swings in the dollar and lifted long-term inflation expectations
Brussels is also considering export controls if trade talks with Washington fail
Silicon Valley players cheer Jamieson Greer as they hope to benefit from a boost to military spending
US president later said such a move would be ‘highly unlikely’, prompting swings in currency markets
US president angrily tries to contain criticism over his administration’s handling of files on late disgraced financier
GrabAGun says it is ‘built for the next generation of firearms enthusiasts and sportsmen’
Second time Donald Trump’s administration has flown people to African nations
Those in the political sphere should not be ridiculed for asking important questions — even if they do lack technical expertise
A summer of splits shows what post-Trump conservatism will look like
Jakarta to be hit with 19% tariff on exports to US after talks with Washington
Only China and Canada have retaliated against US president’s tariff war
