Washington Financial News

19.11 / 20:33

Blockchain regulation Miami's next big Web3 summit announces packed agenda featuring high-profile speakers

The leading institutional Web3 summit will kick off in Miami soon — and has attracted high-profile speakers from across TradFi and Web3.

19.11 / 00:41

Climate change European Union CLIMATE CRISIS Trump US attorney general names special counsel to oversee charges against Trump

US Attorney General Merrick Garland appointed a special prosecutor to oversee criminal investigations related to former President Donald Trump on Friday.

18.11 / 23:53

CFTC regulation SEC Time CFTC Commissioner Mersinger says the time has come for action on crypto regulation

United States Commodity Futures Trading Commission (CFTC) commissioner Summer Mersinger suggested that the time to act on cryptocurrency regulation may have arrived. Speaking at the Texas Blockchain Summit on Nov. 18, Mersinger considered what it may take for effective crypto regulation in the United States.

18.11 / 21:09

MET U.S.-China Trade Talks Resume on Sidelines of Asian Summit

WASHINGTON—U.S. Trade Representative Katherine Tai met with Chinese Commerce Minister Wang Wentao Friday to discuss trade issues, in Ms. Tai’s first face-to-face meeting with a senior Chinese official since taking office in 2020, her office said.

18.11 / 20:53

COST reports Agency Financial Housing Agency Reports Record Financial Cushion as It Braces for Market Downturn

WASHINGTON—A federal housing agency on Tuesday said its financial reserves have reached record levels and that it was well positioned to weather a mortgage-market downturn.

18.11 / 20:53

Progressive White House to Nominate Martin Gruenberg for New Term as FDIC Chairman

WASHINGTON—The White House on Monday said it would tap Martin Gruenberg, the acting head of the Federal Deposit Insurance Corp., for a second term as the banking regulator’s leader.

17.11 / 18:09

Adoption Binance FTX Bitcoin 'I knew he was desperate' — Binance CEO CZ opens up on SBF relationship

Binance CEO Changpeng ‘CZ’ Zhao knew Sam Bankman-Fried was in a desperate situation when the former CEO of the now-bankrupt FTX exchange called him for a bailout.

17.11 / 14:05

VISA Sport Gaming Deal Major Esports Team TSM Drops Record-Breaking $210M Sponsorship Deal with FTX

Professional esports organization TSM has suspended its partnership with FTX and dropped ‘FTX’ from its name. And it's far from being the only company to end a business deal with the collapsed crypto exchange.

17.11 / 13:43

Progressive White House to Nominate Martin Gruenberg for New Term as FDIC Chairman

WASHINGTON—The White House on Monday said it would tap Martin Gruenberg, the acting head of the Federal Deposit Insurance Corp., for a second term as the banking regulator’s leader.

17.11 / 13:43

COST reports Agency Financial Housing Agency Reports Record Financial Cushion as It Braces for Market Downturn

WASHINGTON—A federal housing agency on Tuesday said its financial reserves have reached record levels and that it was well positioned to weather a mortgage-market downturn.

16.11 / 20:39

Progressive White House to Nominate Martin Gruenberg for New Term as FDIC Chairman

WASHINGTON—The White House on Monday said it would tap Martin Gruenberg, the acting head of the Federal Deposit Insurance Corp., for a second term as the banking regulator’s leader.

16.11 / 20:39

Tax Court Strikes Down IRS Rules on Land-Conservation Deals

WASHINGTON—The U.S. Tax Court struck down IRS rules requiring taxpayers and promoters to disclose certain land-rights deals to tax authorities, damaging a high-profile agency enforcement initiative.

16.11 / 13:23

regulation New York State National US national crypto laws should look like New York's, says state regulator

The superintendent of the New York Department of Financial Services (DFS) joined a nationwide regulatory discussion in the aftermath of the FTX collapse with a fresh take. Adrienne Harris believes that any federal crypto legislation to come should not override state regulatory regimes.

16.11 / 13:09

UPS Landmark U.S. Panel Calls for Review of China Trade Relations

WASHINGTON—A congressionally convened commission is calling on the U.S. to review Chinese trade practices and to suspend normal trade ties if the review determines Beijing hasn’t lived up to its promises under a 1999 pact.

16.11 / 13:09

Provident Financial Fed’s Michael Barr Says Crypto Turmoil Highlights Potential Risks to Financial System

WASHINGTON—Tumult in the cryptocurrency market represents a red flag to the broader financial system, the Federal Reserve’s top banking regulator told lawmakers Tuesday, while pressing for tougher guardrails in the wake of the rapid collapse of crypto exchange FTX.

16.11 / 12:05

COST reports Agency Financial Housing Agency Reports Record Financial Cushion as It Braces for Market Downturn

WASHINGTON—A federal housing agency on Tuesday said its financial reserves have reached record levels and that it was well positioned to weather a mortgage-market downturn.

16.11 / 08:21

Progressive White House to Nominate Martin Gruenberg for New Term as FDIC Chairman

WASHINGTON—The White House on Monday said it would tap Martin Gruenberg, the acting head of the Federal Deposit Insurance Corp., for a second term as the banking regulator’s leader.

16.11 / 08:21

Tax Court Strikes Down IRS Rules on Land-Conservation Deals

16.11 / 02:41

Government Law SEC consequences Will SBF face consequences for mismanaging FTX? Don’t count on it

Will former FTX CEO Sam Bankman-Fried be held accountable for his mismanagement of investor funds?

15.11 / 19:17

UPS Landmark U.S. Panel Calls for Review of China Trade Relations

15.11 / 17:35

Provident Remark Financial Fed’s Michael Barr Says Crypto Turmoil Highlights Potential Risks to Financial System

WASHINGTON—Tumult in the cryptocurrency market represents a red flag to the broader financial system, the Federal Reserve’s top banking regulator plans to tell lawmakers Tuesday, while pressing for tougher guardrails in the wake of the rapid collapse of crypto exchange FTX.

what's happening in Washington

What is the current situation in Washington?

In Washington, the spotlight is on socially significant developments that impact the interests of residents.

Where can I find reliable news about Washington?

We publish in-depth coverage about the situation in Washington, based on information from trusted sources.

What shapes the media agenda in Washington?

The news landscape of Washington is shaped by key decisions by local authorities, reflecting its unique context.