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YOUTUBE (CNN) - Should you be using a budgeting app? | Terms of Service

Finance and budgeting apps promise to help manage your money. But are they reliable? And secure? Riley Adams, founder of the financial literacy site Young and the Invested, has some tips for finding online tools that suit your money goals. 0:00 Should you be tracking your finances? 3:11 Budgeting apps keep losing your bank data 4:29 What can a finance app do for you? 11:09 Can you trust financial advice from AI? 14:43 How safe is your financial data? Watch 24/7 live news with CNN Headlines: https://bit.ly/4eIvlTr #Podcast #Finance #Budget

REDSTATE (Ward Clark) - Banking Deserts Now Growing As Activists Block Fintech Access

Most of us are familiar with the comment periods generally put out by any government body when they produce a proposed new regulation, a change to an existing regulation, and so on. It's a mechanism intended to give stakeholders, people who will have to abide by and work within the new regulation, a chance to put their two cents in and, in theory, to make sure that any new rules will have the intended effect.

YOUTUBE (Fox Business) - ‘THESE PEOPLE ARE INSANE’: Market expert says ‘don’t fall’ for AI slowdown claims

ProCap Financial Chairman and CEO Anthony Pompliano discusses AI competition following Trump's remarks on US leadership. He analyzes tech stocks and CFO Silvia, a new financial AI agent acquired by ProCap Financial designed to manage wealth.

AXIOS (Courtenay Brown) - Exclusive: Bessent calls for less regulation to help small banks

Treasury Secretary Scott Bessent made a case for lighter financial regulation at the G20 finance ministers gathering Monday, arguing to CEOs that post-crisis rules have squeezed small banks, according to remarks first shared with Axios. Why it matters: The private sector has a prominent role in the U.S.-led G20, with business leaders like JPMorgan Chase CEO Jamie Dimon and Goldman Sachs chief David Solomon participating alongside finance ministers and central bankers. What they're saying: "To expand opportunity for all Americans, the banks that serve Main Street must have the same chance to succeed as those that serve Wall Street," Bessent told a room of executives in Asheville, North Carolina, according to prepared remarks shared…

AXIOS (Courtenay Brown) - The case for the U.S. dollar's digital edge

New financial technologies are making it faster and cheaper to move money across borders, seemingly reducing the world's reliance on the dollar . - But new research presented at the Jackson Hole symposium suggests financial innovation may instead tighten the dollar's grip on global finance. - Financial innovation is the theme for the annual gathering of central bankers, where they're grappling with how these technologies reshape the financial system. Why it matters: Dollar dominance gives the U.S. enormous financial clout and helps keep demand for its debt strong. - If the paper is right, stablecoins and other forms of tokenized money could strengthen that position, even as concerns grow about America's fiscal health. What they're…

YOUTUBE (MS NOW) - "CARTOONISH example of a conflict of interest" Psaki BLASTS Trump family crypto bank

The Trump family-backed crypto company, World Liberty Financial has reportedly received preliminary approval from a government official hand-picked by Trump himself to become an official trust bank. MS NOW's Jen Psaki has more on what she calls a "cartoonish" conflict of interest.

What has World Liberty Financial, a crypto company backed by the Trump family, reportedly received?
World Liberty Financial has reportedly received preliminary approval from a government official hand-picked by Trump himself to become an official trust bank.
Q&A ID 4047081b-37c8-4b9e-92eb-ba52df4d6d8b

REDSTATE (Ward Clark) - Warren’s Latest Power Play: Block Fintech Lender From Banking Charter

What is the current state of the financial markets and lenders according to the text?
The financial markets, particularly lenders, are being beset with government interference at all levels.
Q&A ID 0ea4d4ec-08dc-4370-93f4-0c5e100e4115
According to the article, what types of lenders are a particular concern for many politicians, especially Democrats?
Short-term lenders and other lenders specializing in high-risk clients are of particular concern. These lenders often charge high interest rates for short-term loans, such as "payday loans," and some deal with individuals who have issues like poor credit histories.
Q&A ID 72975c30-d9b9-4a34-94d6-7caa44c3ce44
What is the specific action being taken by Warren regarding fintech lenders?
Warren is attempting a "power play" to block a fintech lender from obtaining a banking charter.
Q&A ID de194b4a-fcf1-48ff-a19f-b7559ba4a0a8

ABCNEWS - Trump-linked crypto venture World Liberty Trust granted bank status

A national bank regulator granted a wing of the Trump family's crypto business conditional approval to establish a bank charter, opening the door for larger clients.

AXIOS (Neil Irwin) - How Kevin Warsh is rewiring the Fed

Federal Reserve chairman Kevin Warsh is attempting a high-wire act: He's trying to fundamentally rethink the central bank's approach to guiding the economy, while also using its standard policy toolkit to bring down stubbornly persistent inflation. - A market blowup late last month showed the perils of trying both at the same time. The big picture: Markets sold off and the economic commentariat was sharply critical of a Warsh press conference on July 29, in which he was vague about the possibility of raising interest rates to combat inflation. - Some analysts saw it as evidence of a lack of commitment to quashing inflation. To Warsh allies, it was a brief bump in the road toward a more credible Fed. - Warsh is trying to rewire the…

What are the current characteristics of the Federal Reserve under Kevin Warsh's leadership as of August 2026?
As of the report, Warsh has been at the helm for 10 weeks, leading a 112-year-old institution with a $6.7 trillion balance sheet. While he is pushing for a paradigm shift through AI and structural changes, the Fed is currently still using its standard toolkit of adjusting the federal funds rate target range based on government economic statistics to combat inflation.
Q&A ID 6aa1af3d-3080-46b1-931f-c27c39276266
What are the proposed changes regarding the frequency of Federal Reserve monetary policy meetings?
Warsh has raised the possibility of cutting the number of monetary policy meetings from eight per year to six. The logic is that this would allow each meeting to incorporate two months of inflation and employment data rather than just one, and provide officials more bandwidth for other responsibilities like bank regulation and payments systems.
Q&A ID 7626d3ef-5d1a-4c2f-a994-622cd16b83d8
What was the market reaction to Kevin Warsh's press conference on July 29?
The press conference led to a market blowup where markets sold off, partly because Warsh was vague regarding the possibility of raising interest rates to combat inflation. The sell-off was likely exacerbated by traders unwinding positions bet on a rate hike and outsized moves in the thinly traded market for long-term Treasury bonds.
Q&A ID 06528de9-1a9e-4d83-af56-28c2b62b177a
What specific AI bots did Kevin Warsh build prior to taking office?
Before taking office, Warsh built AI bots named "Milton" and "Tobin" that ingested the collected works of 20th-century economists Milton Friedman and James Tobin to provide insights on contemporary economic questions.
Q&A ID 092c81b9-1257-45be-bedf-e2957556f40b
How does Kevin Warsh intend to use Artificial Intelligence (AI) within the Federal Reserve?
Warsh aims to use AI to understand the economy in real time to enable better decision-making a couple of years down the road. He wants to move beyond backward-looking survey data and forward-looking projections by using real-time information from banks, retailers, and other companies to provide a more reliable guide to inflation and growth.
Q&A ID 5b0a217a-0cb2-4ad4-8617-0d604ab43817
What is Federal Reserve chairman Kevin Warsh attempting to achieve through his current approach to the central bank?
Warsh is attempting a "high-wire act" where he seeks to fundamentally rethink the central bank's approach to guiding the economy while simultaneously using standard policy toolkits to reduce stubbornly persistent inflation.
Q&A ID 56992385-b325-4834-ac7b-84902cc4fa6e