Now you have people buying contracts for financial events for crypto assets and so the market has grown very very quickly and the US uh is is at the center of it. You know a lot a lot of the innovation is happening here. So the the way I think about it is we agree with the CFDC that these are federal products and uh should should fall under the federal statutes.uh states disagree for various reasons. I mean, number one is there's a huge financial incentive from collecting taxes on these state-owned operator ...

“Anything that happens within a 24-hour period is noise,” US Treasury Secretary Scott Bessent tells reporters, responding to a question about the bond market erasing gains since the Trump administration’s decision to increase buybacks of longer-dated bonds. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis ...

It's like a K housing market. The high end is really doing well. June and July were amazing.People are buying. It's great. And then you see this whole affordability crisis in the United States overall.Um there's a lack of inventory. Uh you know, rates are higher as you just mentioned. Uh inflation, you know, people can't afford to pay for things.They can't buy their first time home. Um access to housing is now becoming an issue because of these private listings. So now people can't get in to see what's avai ...

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. Chapters: 00:00 Treasury Bond Rescue Tests Fed Credibility 05:25 Fed's Warsh Needs to Launch Operation Twist — Peter Tchir, Academy Securities 19:22 Trump's Iran Sanctions Risk a Clash With China — Peter Tchir, Academy Securities 32:04 Treasury's Bond Fix Won't Solve Long-End Pressure — Col ...

We haven't lost in a single federal appellet court. We don't intend to. If we do, that's going to create a split and and we'll see it at the Supreme Court.That's our focus. We want this to be clear, codified, law in the books, and we'll take it all the way up to the Supreme Court. >> So, if it goes to the Supreme Court, though, and the judge rules that sport contracts are gambling, how will that impact the CFTC and these companies that you regulate.To the extent the Supreme Court were to rule against us, of ...

the straight. Last night, we had a lot of boats come through. Uh we have possession, complete control of the straight.I mean, outside of nuisance value, and there is nuisance value when they shoot a drone every once in a while, but and not everybody's going to go through, but they come through. And uh over the last couple of weeks, we've had a lot of oil coming in. A lot of oil.It's not going to be perfect, but it's a lot of oil coming in. >> When do you plan to formally reopen talks with Iran. >> Maybe at ...

The president. I think it was very, very clear that the president. Chair Seelig and, um, and Chair Atkins are in lockstep, working for the benefit of the country and the American people.And it's just, um, uh, a huge improvement, uh, in what we've been used to because I think it's, uh, that everyone is just aligned it on the same page, that America has to be the best place for investment. And we also have to lead the financial services industry. So we went into the Oval afterward, which was a lot of fun.And, ...

One of the things that is true is that we've had many periods in our history with, you know, essentially if you're thinking in economics terms where the Philip curve is very flat and you just don't see the relationship between the labor market and price inflation and and it also sh kind of illustrates why the shocks have been a big component of overall inflation. You know, the tariff shock, the oil price shock, and now the AI investment boom shock. And in all of those, you have to ask what is the expectatio ...

One thing we talk about at Bloomberg a lot that Wall Street really isn't a street. It's an ethos. It's more than just a few square blocks in Midtown Manhattan.Bloomberg looks at the world, the world of business and finance and economics holistically. And that's a big part of what the Bloomberg New Voices program is all about. Finding as many voices as possible that represents the world holistically.And that's exactly what we did here in Martha's Vineyard over these last couple of days. conversations with Ro ...

Good morning. Thursday, the 20th U.S. bond yields starting to stabilize this morning after Scott Besson's latest attempt to control the bond market. After trying actual war, President Trump reverts to economic war against Iran.We're going to talk about that. And SK Hynix went first. Samsung could be next.Big buybacks this morning boosting the Coseley Tom not boosting European futures. Are European futures pointing to a seventh straight day of losses for European stocks, pointing out by 2/10 of a percent. Th ...