Joe Light

Joe Light

Senior Writer

LATEST ARTICLES

Circle Stock Sinks After Visa, Others Announce Rival Stablecoin Network

Circle Stock Sinks After Visa, Others Announce Rival Stablecoin Network

USDC, which Circle and Coinbase co-founded, has reigned as the largest U.S.-based stablecoin. Partners in a new rival include payments companies and tech firms like IBM.

2 minute read

How Trump Can Lower Mortgage Rates, Without Warsh’s Help

How Trump Can Lower Mortgage Rates, Without Warsh’s Help

President Trump has downplayed bipartisan affordable housing bill. The solution to lower mortgage rates might lie with a proposal called Basel III Endgame, anyway.

2 minute read

Trump Cancels Housing Bill Signing. What’s Next.

Trump Cancels Housing Bill Signing. What’s Next.

The bipartisan bill includes provisions to encourage new-home construction and ease rules on financing manufactured homes.

2 minute read

Congress Set to Ban Digital Dollar. What It Means for Crypto Stocks.

Congress Set to Ban Digital Dollar. What It Means for Crypto Stocks.

The central bank digital currency ban has been a longtime goal of conservatives and some advocates in the crypto industry who don’t want the government to issue a cryptocurrency that competes with stablecoins.

3 minute read

House and Senate Leaders Reach Housing Bill Deal

House and Senate Leaders Reach Housing Bill Deal

The so-called 21st Century Road to Housing Act is a bipartisan effort to increase home affordability.

2 minute read

Fannie, Freddie Get A Downgrade. Trump’s Interest In a Stock Offering Has Waned.

Fannie, Freddie Get A Downgrade. Trump’s Interest In a Stock Offering Has Waned.

Investment bank and research firm BTIG downgraded the mortgage-finance giants to “Neutral” on Tuesday.

3 minute read

Anthropic CEO Warns AI Could Be as Dangerous as Nuclear Weapons. He’s So Worried He Drafted Legislation.

Anthropic CEO Warns AI Could Be as Dangerous as Nuclear Weapons. He’s So Worried He Drafted Legislation.

Powerful AI models may soon “look less like airplanes or automobiles and more like weaponizable nuclear materials,” Dario Amodei said.

3 minute read

What Will Crypto Do to Financial Exchanges? It’s Too Soon to Panic.

What Will Crypto Do to Financial Exchanges? It’s Too Soon to Panic.

Perpetual futures tied to cryptocurrencies don’t spell perpetual risk for Intercontinental Exchange, Cboe, and CME.

Long Read

Bill Pulte Is Named Acting U.S. Spy Chief. What It Means for a Fannie-Freddie IPO.

Bill Pulte Is Named Acting U.S. Spy Chief. What It Means for a Fannie-Freddie IPO.

Bill Pulte, who heads the regulator for Fannie Mae and Freddie Mac, will also take on the role of acting director of national intelligence.

3 minute read

Coinbase, Robinhood Stocks Soar as Regulator Permits Crypto Perpetual Futures for U.S.

Coinbase, Robinhood Stocks Soar as Regulator Permits Crypto Perpetual Futures for U.S.

Coinbase and Robinhood could benefit from the latest move by the Trump administration to foster the crypto industry in the U.S.

2 minute read

Crypto Lobby Unseats Texas Lawmaker. What’s Next for Coinbase’s Legislative Push.

Crypto Lobby Unseats Texas Lawmaker. What’s Next for Coinbase’s Legislative Push.

Fairshake, Coinbase, and other industry players are pushing hard this year for the Senate to pass a crypto-friendly bill.

3 minute read

Trump's AI Executive Order Gets Delayed. The Battle Over AI Regulation Is Just Starting.

Trump's AI Executive Order Gets Delayed. The Battle Over AI Regulation Is Just Starting.

Trump expressed concerns that a formal security review process could slow U.S. AI companies down too much.

2 minute read

House Passes Affordable Housing Bill—With a Watered-Down Investor Ban

House Passes Affordable Housing Bill—With a Watered-Down Investor Ban

The House passed its version of the 21st Century Road to Housing Act, by a vote of 396-13, with wide bipartisan support.

2 minute read

Housing Bill Softens Ban on Institutional Owners

Housing Bill Softens Ban on Institutional Owners

The House version of the measure, which could be voted on as soon as Tuesday, strips out the seven-year divestment requirement.

3 minute read

Crypto Bill Clears Hurdle With Bipartisan Support

Crypto Bill Clears Hurdle With Bipartisan Support

The Senate Banking Committee is expected to advance the Clarity Act on Thursday, but Democrats’ demands for Trump-related ethics restrictions could determine whether the crypto bill ultimately becomes law.

3 minute read

Crypto Bill Faces Key Senate Test. Why the Hard Part Comes Next.

Crypto Bill Faces Key Senate Test. Why the Hard Part Comes Next.

A Senate Banking Committee vote would mark a major step forward for crypto regulation, but bipartisan support remains uncertain as lawmakers clash over Trump-linked crypto conflicts.

3 minute read

Circle Internet’s Earnings Top Wall Street Estimates

Circle Internet’s Earnings Top Wall Street Estimates

Circle is the issuer of USDC, a so-called stablecoin whose value is pegged to the dollar and backed by reserves such as Treasuries.

4 minute read

Coinbase Earnings Reflect the Crypto Slowdown

Coinbase Earnings Reflect the Crypto Slowdown

Coinbase earnings are expected to show weaker crypto trading activity as Bitcoin remains below recent highs and trading volumes cool.

2 minute read

Trump’s Stock Picks Are Beating the Market

Trump’s Stock Picks Are Beating the Market

The government has taken equity stakes in eight public companies since January 2025. Five have outperformed the S&P 500 since the deals were announced.

4 minute read

Fannie Mae and Freddie Mac Investors Push to Free Them

Fannie Mae and Freddie Mac Investors Push to Free Them

IShareholders stand to realize billions if the government releases the i mortgage giants companies from conservatorship. The Trump administration is considering various moves.

Long Read

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