🇺🇸 The U.S. Supreme Court may overturn Trump-era global tariffs, according to Bloomberg.
Two toy manufacturers have filed a lawsuit with the Supreme Court demanding the cancellation of the tariffs introduced during Donald Trump's presidency.
The companies are requesting an expedited review of the case by the end of the year. Previously, a trade court ruled the tariffs illegal, but an appellate court temporarily reinstated them. A hearing on the appeal is scheduled for July 31.
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Two toy manufacturers have filed a lawsuit with the Supreme Court demanding the cancellation of the tariffs introduced during Donald Trump's presidency.
The companies are requesting an expedited review of the case by the end of the year. Previously, a trade court ruled the tariffs illegal, but an appellate court temporarily reinstated them. A hearing on the appeal is scheduled for July 31.
#Source
#PFTCNEWS
Bloomberg: Former Coral Capital executives are aiming to raise $100 million to accumulate BNB tokens.
They plan to close the fundraising round later this month, rename a little-known Nasdaq-listed company to Build & Build Corporation, and begin acquiring BNB.
Coral Capital (Coral DeFi) is a private hedge fund focused on DeFi and crypto assets.
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#PFTCNEWS
They plan to close the fundraising round later this month, rename a little-known Nasdaq-listed company to Build & Build Corporation, and begin acquiring BNB.
Coral Capital (Coral DeFi) is a private hedge fund focused on DeFi and crypto assets.
#Source
#PFTCNEWS
On June 24, the U.S. stock market closed with its strongest gain since February 19.
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🇺🇸 U.S. Vice President JD Vance criticizes the Fed Chair.
"I’d like to hear the argument for why Powell cut rates by 50 basis points right before the election but won’t do it now with lower inflation."
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"I’d like to hear the argument for why Powell cut rates by 50 basis points right before the election but won’t do it now with lower inflation."
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🔥 The U.S. will begin factoring in cryptocurrency for mortgage approval
The Federal Housing Finance Agency (FHFA) has approved the use of crypto assets when assessing mortgage applications.
Fannie Mae and Freddie Mac, the two largest mortgage agencies in the U.S., have been instructed to submit proposals on how to integrate cryptocurrency into their risk assessment models.
🔹 Requirement: the crypto assets must be held on regulated U.S. exchanges and comply with all applicable laws.
#Source
#PFTCNEWS
The Federal Housing Finance Agency (FHFA) has approved the use of crypto assets when assessing mortgage applications.
Fannie Mae and Freddie Mac, the two largest mortgage agencies in the U.S., have been instructed to submit proposals on how to integrate cryptocurrency into their risk assessment models.
🔹 Requirement: the crypto assets must be held on regulated U.S. exchanges and comply with all applicable laws.
#Source
#PFTCNEWS