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Fortune Live Media / Flickr cc

Goldman Sachs CEO Lloyd Blankfein sent a voicemail to employees Sunday stating that Trump's executive order "is not a policy we support," per Reuters. Blankfein added that Goldman would work to minimize the potential fallout on employees and families impacted by the ban.

JPMorgan's operating committee also issued a statement, and said that they have worked to reach out to all employees that might be impacted by the order and noted "our country, economy and wellbeing are strengthened by the rich diversity of the world around us," Business Insider reported.

Why this matters: Tech companies were most vocal in opposition to the order over the weekend. This could be a sign that other big U.S. companies that do business globally are going to start speaking out.

Go deeper

Fed signals it could yank economic support quicker as inflation sticks around

Federal Reserve chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee today. Photo: Alex Wong/Getty Images

The Federal Reserve will consider pulling back economic support sooner "as the threat of persistently high inflation has grown," chair Jerome Powell said during a congressional hearing on Tuesday.

Why it matters: This is the biggest signal yet the Fed is backing away from its stance that soaring prices would be fleeting — a change that could shift its policies that underpin the economy.

Felix Salmon, author of Capital
Updated 1 hour ago - Economy & Business

Crypto meets the real world

Illustration: Megan Robinson/Axios

The two largest countries in the world seem intent on effectively banning their citizens from participating in crypto, which poses a serious threat to the crypto agenda.

Why it matters: The crypto world is global — but the real world is fragmented into nation-states, each of which claims control of what happens within its borders.

Meadows cooperating with House Jan. 6 select committee

Mark Meadows. Photo: Yuri Gripas/Bloomberg via Getty Images

Former White House Chief of Staff Mark Meadows is cooperating with the House select committee in charge of investigating the Jan. 6 Capitol insurrection, the panel said Tuesday.

Driving the news: Meadows, who failed to appear before the panel earlier this month, is believed to have insight into former President Trump's role in efforts to stop the certification of President Biden's election win.