I’m still flabbergasted that people talk about pursuing “their white whale” in a proud manner. Settling aside the risks, the book also makes clear that it’s immoral.

“Who’s your white whale guest on Odd Lots?” “A guest I pursue vaingloriously while putting my team at risk? Yeah sorry, not really my thing”

Sen. Lummis introduces bill requiring Fannie Mae and Freddie Mac to consider crypto as an asset for mortgages theblock.co/post/364654/lu…

Why would you use a stablecoin instead of a tokenized deposit? That is THE question that everyone is wrestling with right now. I don’t know the answer, but Rob and I did our best to explore it in this episode (along with some other fun topics!)

What happens now that Congress has passed a new law to regulate stablecoins? Alex Johnson of Fintech Takes and host Rob Blackwell discuss whether stablecoins will take over finance, if they're a bigger threat to banks or money market mutual funds, the use cases for

Sens. Mark R. Warner and Mike Crapo led a truly bipartisan (13 Democrats and 13 Republicans) Senate push asking OMB to release CDFI funds. We look forward to positive reception and prompt action from OMB Director Russell Vought. Read more here: cdbanks.org/sites/default/…

🚨NEW: J.P. Morgan and Coinbase 🛡️ are partnering to make it easier for Chase customers to buy crypto, according to a press release from JPM. The details: Coming soon, JPM customers will have the ability to fund Coinbase accounts with Chase credit cards. In 2026, direct

Banks will be forced to use the digital ruble (Russia's CBDC) starting in September 2026. I guess nothing says "great product" quite like something you have to force people to use. cbdctracker.hrf.org/home

If you can't trust a Russian CBDC, what can you trust?

Bankers are 'very concerned' about stablecoin, check fraud Great story by Kate Berry featuring Brad Bolton americanbanker.com/news/bankers-a…

I totally get why people see JPM's fee announcement as the recent "event in the marketplace" that led the CFPB to change course on 1033. At the same time, the CFPB two months ago said it was *unlawful* for the 1033 rule to prevent banks from charging fees! What did they expect?

Bankers are 'very concerned' about stablecoin, check fraud Enjoyed visiting with Kate Berry on these important topics. Check fraud in particular is huge for #CommunityBanks and is being aided by #TBTF who are helping with "fraud funneling"! The Federal Reserve must do more to

The Fed holds rates steady again, but two Fed Governors dissent (Michelle Bowman & Christopher Waller). FOMC statement changes little from last month. federalreserve.gov/newsevents/pre…

It was fun to get a chance to cover breaking news that was breaking literally at the same time I was writing today's newsletter.

"We have made no decisions about September," Fed Chair Powell says re: the possibility of a rate cut

"It was a good visit," Powell says of President Trump's tour last week of the Fed's reconstruction effort. "I was quite pleased to have the president say multiple times" that he wants "us to finish this reconstruction as soon as possible. That is our focus."

That was one of the least anticipated Fed decisions in a long time, and it lived up to the hype

Powell declines to say whether he will stay on as a board member when his term as chair ends next year.