The U.S. securities regulator has a lot of work to do, which is part of the reason it decided to clear the meme coins question off its agenda last week, commissioner Hester Peirce, the chair of the agency's crypto task force, tells Axios.
Why it matters: Even before President Trump dropped his own,meme coins had already become a global investing fad attracting tens of billions of dollars into a completely speculative and wildly volatile market.
The Treasury Department announced on Sunday that it will suspend fines and penalties linked to "beneficial ownership information" (BOI) required of millions of businesses.
Why it matters: In addition to eliminating guardrails around "illicit finance," anti-corruption advocates say the move may also have national security consequences for the U.S.
A cryptocurrency reserve held by the U.S. government would not necessarily require taxpayer money for the feds to set up a stash of several billion dollars' worth, but that doesn't mean everyone — even everyone in the crypto industry — thinks it is a good idea.
Why it matters: President Trump, who calls himself America's "first crypto president," stoked a $300 billion cryptocurrency rally this past weekend with a social post about a reserve that would include several major cryptocurrencies.
Long-threatened tariffs on Canada and Mexico will go into effect Tuesday, as will increased levies on China, President Trump confirmed.
Why it matters: The tariffs are expected to trigger a trade war with the three largest U.S. trading partners, one that could raise prices for American consumers on a broad range of products.
Taiwan Semiconductor Manufacturing Co. will invest an additional $100 billionin U.S. chips production, the company and President Trump announced Monday, adding to its existing$65 billion commitment in Arizona.
Why it matters: TSMC, the world's leading chips manufacturer, wants to diversify its semiconductor manufacturing footprint outside of the political volatility in Taiwan amid tensions with China.
Paradigm, the giant crypto-focused venture fund, only plans to get behind policy that keeps blockchains an open and dynamic technology, according to previews of new blog posts shared early with Axios exclusively.
Why it matters: Paradigm is a multi-billion dollar fund, in terms of assets under management, with a strong policy team that can access leaders on both sides of the political aisle.
Starbucks launches its spring menu with new and returning limited-time drinks Tuesday — the same day the coffee giant removes 13 longtime items.
Why it matters: The Seattle-based company, under CEO Brian Niccol, has been making a series of changes as part of its "Back to Starbucks" rollout to try to reverse a decline in foot traffic.
Vermillio, the Chicago-based AI licensing and protection platform, has raised a $16 million Series A co-led by DNS Capital and Sony Music, executives exclusively tell Axios
Why it matters: Sony Music's first investment in AI licensing seeks to protect its artists and support them in responsibly using generative AI tools.
Dozens of contracts critical to the functioning of the Consumer Financial Protection Bureau (CFPB), have either been canceled or are on their way to termination, according to a detailed affidavit filed in federal court last week.
Why it matters: The CFPB is an agency tasked with protecting people from financial fraud, but it has been gutted by the White House over the past two weeks as part of the broad purge of the federal government.
The role of trailblazing Washington Post publisher Katharine Graham was inexplicably cut from the 1976 Watergate movie, "All the President's Men," which had a splashy D.C. premiere at the Kennedy Center.
Forty-nine years later, Graham got her Kennedy Center honors with Sunday night's Washington premiere of "Becoming Katharine Graham," a documentary now streaming on Prime Video.
Crashing a car is like crashing a computer these days — and the result is a higher share of vehicles being totaled.
Why it matters: When cars, pickups and SUVs are deemed a total loss, it leads to higher replacement costs and higher insurance premiums for everyone else.
New York launched a job recruitment ad campaign targeting fired federal workers at midnight Monday.
The big picture: Gov. Kathy Hochul's (D) "you're hired" campaign to fill 7,000 public sector roles follows similar jobs initiatives in other states aimed at people who were laid off in the Trump administration's federal government overhaul, driven by DOGE, which billionaire Elon Musk is the face of.
