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Crypto Breaking News

Every story in this category, newest first.

Bloomberg

DOJ Drops Powell Probe, Smoothing Path for Kevin Warsh

The Justice Department said it would end its criminal investigation of Federal Reserve Chair Jerome Powell, an attempt to clear the obstacle that has stalled Kevin Warsh's confirmation as his possible successor. Bloomberg News Justice Department Reporter Chris Strohm and Reporter Enda Curran join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

Read more: DOJ Drops Powell Probe, Smoothing Path for Kevin Warsh
Bloomberg

White House Sends Team to Pakistan as Iran Balks at Talks

President Donald Trump has sent envoys to Pakistan with the intention of meeting with Iranian officials, while Tehran sounded a pessimistic tone on the prospects for talks to end the eight-week war roiling the global economy. Bloomberg News Deputy UAE Bureau Chief Abeer Abu Omar, Washington Correspondent Josh Wingrove and Senior Reporter Dan Strumpf join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

Read more: White House Sends Team to Pakistan as Iran Balks at Talks
Bloomberg

What the Fed Can Do About Anthropic's Latest System

Anthropic says its newest AI system can detect serious cybersecurity risks, but the new technology is so powerful that the company is holding back public release. The nearly autonomous system can detect banking software vulnerabilities and spawn sub-agents that operate without human oversight at unprecedented speed. Treasury Secretary Scott Bessent and Fed Chair Jay Powell took the unusual step of calling in major bank leaders to discuss the risks raised by the new model. Experts weigh in on whether regulation and open-source tools can keep the financial system safe.

Read more: What the Fed Can Do About Anthropic's Latest System