The Good and Bad News About a Potential Government Shutdown

The Good and Bad News About a Potential Government Shutdown

This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, economy reporter Reade Pickert sketches out the prospects for a government shutdown. Sign up here and follow us at @bpolitics. Email our editors here. Congress has backed itself against the wall, again. That means the countdown to a government … Read more

PayPal’s New Stablecoin Draws Harsh Rebuke From Maxine Waters

PayPal’s New Stablecoin Draws Harsh Rebuke From Maxine Waters

Maxine Waters, the top Democrat on the House Financial Services Committee, criticized PayPal Holdings Inc.’s launch this week of a stablecoin in the absence of US regulation for that corner of the cryptocurrency world. “I am deeply concerned that PayPal has chosen to launch its own stablecoin while there is still no federal framework for … Read more