The crypto industry has spent nearly $120 million in the 2024 election cycle to influence US politics and push for favorable regulations.
Tags: Donald Trump
Oil Prices Drop Over 1% as Donald Trump Victory Spurs Strong Dollar
Trump's re-election boosted the US dollar, causing oil prices to drop as demand weakened globally, with analysts warning that higher tariffs could pressure the oil market.
Trump's Victory Expected to Boost US Stocks but Hike Consumer Prices and Higher Inflation, Economists Warn
Donald Trump's second term spurs market optimism but may drive inflation, impacting US consumers and global trade, according to Economists.
US Election Results Spark 'Investors Anxiety' Due to Stark Financial Policies by Harris and Trump
Global investors are anxious ahead of the US 2024 election, anticipating market volatility based on the outcomes of contrasting policies from Trump and Harris.
US Banks Silently Root for Trump Due to Hopes for More Lenient Financial Regulations
Banks are increasingly favoring Trump's return, expecting looser regulations and boosted profits through Wall Street deals.
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US miners and battery recyclers are rushing to secure government loans before January due to concerns that a re-elected Donald Trump could block crucial funding for domestic mineral production.
Donald Trump's Florida golf resorts are now the primary source of revenue for his business empire, bringing in around $80 million annually.
Donald Trump plans to file a $100 million lawsuit against the DOJ and FBI, alleging political bias in their search of his Mar-a-Lago estate.
Donald Trump has proposed eliminating federal income taxes on Social Security benefits for seniors, potentially reducing federal revenue by up to $1.8 trillion over the next decade.
Bitcoin has surged to nearly $70,000, its highest since mid-June, driven by former President Trump's vow to make the US a crypto power in his speech during his campaign.
Donald Trump pledged to make the U.S. a leader in digital currencies after gaining high-profile crypto endorsements while promising to replace the SEC chair if elected.
Elon Musk previously established a super PAC to help support Donald Trump's presidential campaign.
Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
GoBankingRates provided several immediate impacts that would affect Wall Street and other financial institutions following US President Joe Biden’s decision to stand down from the race to the White House.
