Event contract proposal coming from the CFTC next week.

cftc.gov/PressRoom/Even…

Trump Media's audit firm barred from SEC practice over ‘massive fraud’ ow.ly/y5It105rCMZ

Morning Money today:
- The Fed’s rate dance Victoria Guida
- Yellen vs. Summers Michael Stratford
- Why Schumer’s backing a crypto bill Eleanor Mueller
- DOJ wants more firepower to crack down on money laundering post-CZ Declan Harty politico.com/newsletters/mo…

As Federal Reserve Chair Jerome Powell weighs how soon to cut interest rates, the economy’s resilience is giving him the luxury of time.

He seems determined to use it. But the wait won’t be fun for him.
politico.com/news/magazine/…

Judge comes down much closer to defense than prosecution in Binance CEO sentencing with Changpeng Zhao getting 4 months instead of 36 feds wanted

politico.com/news/2024/04/3…

NEW: Schumer is hoping to add stablecoin + cannabis banking legislation to the FAA bill even though they weren't included in the base text, I'm told.

But a spokesperson for McConnell says he 'continues to oppose marijuana banking.'

For POLITICO Pro: subscriber.politicopro.com/article/2024/0…

Trump Media CEO calls on GOP lawmakers for help in Wall Street fight ow.ly/UaBN105qErb

“People always want to attribute their investment failure to a 'they' as opposed to 'us,'' Jim Chanos said in an interview.

With Trump's Truth Social, it's MAGA v. Wall Street
subscriber.politicopro.com/article/2024/0…

My latest column: Covid was weird
politico.com/news/magazine/…

THE DAY HAS ARRIVED: The first (and possibly the last) criminal trial of former President Donald Trump is about to get underway in New York. A large team of POLITICOs is all over it and will be updating our coverage here today and every day the trial's on
politico.com/trumptrial

“This isn’t just another stock to me. … I feel like it was God Almighty that put it in my lap.'

Small-time investors in Trump’s Truth Social reckon with stock collapse. A goodie from Drew Harwell on Trump Media's investors:

washingtonpost.com/technology/202…

A tax policy investigation from me in POLITICO magazine. Greased by a sophisticated lobbying machine, 401(k)s have expanded dramatically over the past quarter-century. But the U.S. system lags behind our peers and has struggled to address elder poverty.

politico.com/news/2024/04/1…

Another down day for Trump Media. $DJT now sub-$30, the stock's lowest point since DeSantis dropped out of the race in January.

SCOOP: Crypto execs and boosters are donating to John Deaton's long shot GOP bid to oust the industry's chief critic in Congress, Sen. Elizabeth Warren. Winklevoss twins, Anthony Scaramucci among them.

#mapoli w/ Jasper Goodman Kelly Garrity POLITICO politi.co/4aTaOHY

Frank Lucas will run to succeed Patrick McHenry as the top Republican on House Financial Services, entering a contest with at least three other senior committee members. subscriber.politicopro.com/article/2024/0…

subscriber.politicopro.com/article/2024/0…

“Rescue California, the recall committee helmed by Republican consultants, is facing a $1 million lawsuit filed by a deep-pocketed Bitcoin pioneer stemming from the last, failed attempt to boot Newsom from office in late 2021.”

politico.com/news/2024/04/1… via Christopher Cadelago