Transparency
Search documents
NEC Director Kevin Hassett: There's a black box system making the jobs numbers
CNBC Television· 2025-08-04 14:30
Data Transparency & Reliability - The industry emphasizes the potential for political manipulation in opaque data systems, particularly concerning jobs numbers [1] - The industry highlights the need for improved transparency in data reporting to prevent suspicion and ensure data reliability [3] - The industry suggests that significant data revisions, such as the largest revision outside of CO in 50 years, require thorough and transparent explanations from data agencies [3] - The industry expresses concern about potential political influence within data agencies and the importance of ensuring data integrity [4] Government & Agency Accountability - The industry references a past instance where the UK shut down a data agency to address data issues [2] - The industry points out discrepancies in job numbers following political events, raising questions about data accuracy [2] - The industry advocates for qualified personnel with fresh perspectives to ensure data transparency and reliability within government agencies [4]
‘She’s getting special treatment!’: Dem Rep. calls for Maxwell to be treated like other prisoners
MSNBC· 2025-08-03 22:16
Democrats are demanding answers over why Epstein co-conspirator Gillan Maxwell was suddenly transferred to a minimum security prison in Texas. The top Democrat on the House oversight committee demands the Republican chairman subpoena the full Epstein files and calls into question Maxwell's move after her meetings with the deputy attorney general. >> She is a known liar.She's been convicted of horrific crimes and this idea that she should be moved to a to a better prison or some she should be getting some so ...
Mutual funds and ETFs: How to know which one is right for you
Yahoo Finance· 2025-08-03 20:00
ETF vs Mutual Funds - ETFs trade all day, offering liquidity, while mutual funds trade only once daily after the close [2][3] - ETFs often have lower management fees due to passive index tracking, but actively managed ETFs can have higher fees [5] - Mutual funds may have minimum buy-ins around $1,000, while ETFs require only the price of one share [6] - Mutual funds can offer automatic savings plans, while ETFs provide flexibility with options trading and short selling [6][8] ETF Market Growth and Evolution - The number of mutual funds has plateaued since the beginning of the century, currently at over 6,500, down from a pre-pandemic peak [9] - ETF growth has accelerated, nearing 4,000, with assets under management at approximately $11 trillion, half of mutual funds' $22 trillion [10] - SPY (S&P 500 ETF) was launched in 1993, enabling trading of the entire S&P 500 like a stock [14][15] - QQQ (NASDAQ 100 ETF) launched in 1999, allowing trading of the NASDAQ 100 [18] - The ETF rule streamlined the launch process, leading to an explosion in ETF volume and new launches [23] - Invesco seeks to convert its QQQ fund from a fixed unit investment trust to an open-end ETF, potentially increasing its management fee income by over $600 million annually [26][29] SPY vs QQQ Performance - Since 1993, SPY's total price return is over 1,300%, while QQQ's is over 1,007% since 1999 [27] - SPY experienced a worst sell-off of -56% during the global financial crisis, while QQQ had -83% during the dot-com bust [27][28] - SPY's management fee is 00945%, approximately half that of QQQ [28] - SPY's daily trading volume is 67 million shares, equivalent to $42 billion, compared to QQQ's 40 million shares, or $23 billion [28][29]
X @Ignas | DeFi
Ignas | DeFi· 2025-08-01 14:21
Market Perception & Branding - $PUMP needs a retail PR pivot due to a lack of transparency [1] - $PUMP's brand name is perceived negatively due to extractive actions [2] - $PUMP is now the underdog against $BONK [2] Competitive Landscape - $BONK dominates with 85% market share in daily graduate tokens [3] - $BONK dominates with 82% dominance in volume [3] - $BONK generates 5x the revenue of $PUMP, reaching $1 million [3] $BONK's Advantages - $BONK supported Solana after the FTX collapse and airdropped to the Solana community [3] - $BONK has 50%+ buy backs and burns [3] $PUMP's Challenges - $PUMP users are rekt with no airdrop and an extractive ICO [3] - $PUMP is trading below its ICO sale price [3] - Concerns exist regarding $PUMP's team transparency and continued $SOL transfers to CEXs [1][3]
'Would like to see transparency': GOP voters call for release of Epstein files
MSNBC· 2025-07-31 16:20
Public Opinion & Political Impact - 86% of Americans, including 83% of Republicans, support the release of all files related to the Jeffrey Epstein case [1] - Approximately 24% of Republicans disapprove of President Trump's handling of the Epstein files issue [3] - The Epstein controversy could deflate the Republican base's enthusiasm for the midterm elections due to distrust of government institutions and perceived cover-ups [9][10][11] - Democrats are trying to seize a political opportunity by highlighting Trump's responsibility in the Epstein files situation [13] Economic Concerns & Political Strategy - Democrats believe focusing on economic issues, such as the rising prices of beef and lumber, is a more winning strategy in the long term [14][15] - Recent inflation reports indicate that prices are increasing [15] Democratic Party & Future Elections - Kamala Harris will not run for governor of California, signaling a potential presidential run in the future [15][16][17] - The Democratic Party may benefit from fresh faces and new figures who are removed from culture wars [19][20] - Many potential Democratic presidential candidates are emerging, including Gavin Newsom, Andy Beshear, Wes Moore, and Pete Buttigieg [21][22] - Republican strategists are wary of Democratic candidates like Andy Beshear, Josh Shapiro and Wes Moore who can appeal to centrist voters and are removed from culture wars [23]
FDA head talks rebuilding the food pyramid and cracking down on ultra-processed foods
Yahoo Finance· 2025-07-31 16:19
Regulatory Transparency & Flexibility - The FDA emphasizes regulatory flexibility, tailoring processes to specific conditions, especially rare and incurable ones, considering limited alternatives [1][2] - Drug developers and pharmaceutical companies deserve predictability, as highlighted by the framework for COVID vaccine regulation published in the New England Journal of Medicine [4][5] - The FDA aims for transparency by releasing decision letters to the public and drug developers, modernizing the agency, and addressing misinformation, including rewriting dietary guidelines with USDA [12][13] Vaccine & Booster Recommendations - While the CDC sets the vaccine schedule, the FDA has approved vaccines for high-risk populations; booster shots for low-risk individuals require more research [5][6] - There are scientific unknowns and polarizing views regarding the necessity and frequency of COVID boosters, especially for healthy young individuals, alongside concerns about vaccine injuries [8][9] Public Trust & Misinformation - Public trust in health institutions has significantly declined, with trust in doctors and hospitals dropping from 71% to 40% in the last four years, necessitating rebuilding efforts [10][11] - The FDA is addressing misinformation by rewriting the food pyramid with USDA, ending the "war on natural saturated fat," and clarifying the difference between whole grains and ultra-processed foods [13] Food & Dietary Guidelines - The FDA is taking action to remove petroleum-based food dyes, inspired by previous discussions on removing "poisons and chemicals" from the food supply [17][18] - The FDA acknowledges the addictive nature of processed foods, designed by food scientists, contributing to chronic diseases and insulin resistance in children [20][21] - The SNAP program now has waivers for states to restrict taxpayer dollars from being used for junk food and sugary drinks [22] Women's Health - Women's health issues have been historically overlooked, prompting the FDA to host a roundtable on hormone replacement therapy for perimenopausal women [25][26] - The NIH is refocusing its funding to study root causes of chronic diseases, including school lunch programs, sleep medicine, and environmental exposures [29] Opioid Crisis & Supplements - The FDA, along with the DEA, is taking action to schedule 7-hydroxy mitragynine (7-OHM), a synthetic opioid found in vape stores, which is 13 times more potent than morphine [35][36] - The FDA is concerned about the unregulated nature of supplements and the need for regulation to ensure Americans are taking trustworthy and healthy products [33]
X @Polygon
Polygon· 2025-07-31 14:52
Blockchain & Government Transparency - Philippines government budget is now notarized onchain, enhancing transparency [1] - The Department of Budget and Management (DBM) has launched a blockchain-based system for document storage [1] - The system provides an immutable record on Polygon for public verification [1] - The program aims to increase transparency and tracking of public funds [1] Technology & Implementation - The blockchain system is implemented by Lumen, BYC, and Prismo Protocol [1] - The system is secured with Polygon [2] - BYC (BayaniChain Ventures) highlights the ability to track budget allocation [1]
X @Bloomberg
Bloomberg· 2025-07-31 11:20
Shielding ICE from transparency emboldens its worst instincts, says @patricialopez_4 (via @opinion) https://t.co/QJR4isKbs3 ...
X @Kraken
Kraken· 2025-07-30 18:45
Proof of Reserves Audit Highlights - Kraken's Proof of Reserves audit, completed on June 30, 2025, verifies that all client assets are fully backed on-chain [2] - The audit covers spot balances, margin activity, staked assets, and futures positions, providing a comprehensive view of client engagement [3] - Clients can independently verify their balances were included in the audit using cryptographic proof that respects privacy [3] - The June 2025 report shows every in-scope asset backed by more than 100% of client liabilities [4] - For Bitcoin and stablecoins, the backing cushion is even higher than 100% [4] Transparency and Trust - Transparency is a foundational principle at Kraken, driving product development and system design [1] - Kraken introduced the concept of Proof of Reserves over a decade ago, becoming the first major crypto platform to publish a public Proof of Reserves in 2014 [4] - Kraken's system provides users with tools to verify holdings and obligations, emphasizing self-verification over reliance on institutional trust [5] - Kraken releases audits on a regular cadence, integrating them into the company's operations to earn long-term trust [6] - Kraken aims to increase asset coverage, release more tools, and expand verifiable surface area, emphasizing proof over trust in financial systems [7]