What Is Driving China’s Push To Consolidate Its Banking Sector
Rural and small commercial banks are considered the weakest part of the sector.
Power & Capital
Where state power meets the boardroom. Power & Capital is TIPP Insights' daily geoeconomic brief. We decode tariffs, sanctions, supply chains, energy, and global risk for the people who run companies. Five sharp stories every weekday, anchored by the monthly TIPP Geoeconomic Risk Index. Read it for what the headlines actually cost the bottom line.
G7 Agrees To Release 100 Million Barrels Of Diesel Reserves
The move comes as wars in Ukraine and the Middle East disrupt energy supplies.
What Did Trump Say About Europe’s Diesel Reserve Release
The announcement comes as US diesel prices reached a record $6.50 per gallon late last month
Trump-Modi Call Fails To Speed Up US-India Trade Talks
Washington argues India's purchases of Russian crude help finance Moscow's war in Ukraine
47 Democrats Refuse To Vote To Ban Insider Trading
The bill failed 53 to 47 along party lines. The bill, which originated in the House and was sponsored by Rep. Bryan Steil, R-Wis., would prohibit members of Congress and their spouses and dependent children from purchasing stocks.
Victor Davis Hanson: Why Is Mark Carney Preparing For An American Invasion?
His latest is he tells a reporter that, yes, he has thought of preparing the Canadian military to prepare for an invasion by the United States.
3 Reasons A Ban On Diesel Exports Won’t Work
There are a number of problems with that. First and foremost, you just don’t have a lot of places to put all that produced diesel. Right now, we export about a million and a half barrels a day.
Treasury Opens Trump Accounts To 60 Million Newly Enrolled Children
Children born between 2025 and 2028 can qualify for a one-time $1,000 Treasury contribution, but parents must still claim the accounts to receive the money.
Federal Trade Commission Expands Probe Into AI Safety Concerns
The FTC opened the investigation this summer as officials examined whether increasingly capable large language models could pose risks to consumers.
Federal Reserve Renovation Costs Ballooned By Nearly $1 Billion
Investigators found no reasonable grounds to believe federal criminal law had been violated
Trump Suggests 10-Person Committee To ‘Watch Over” AI
He spoke to reporters after eating lunch with top tech executives, administration officials, and House Speaker Mike Johnson.
Trump Says Major Tech Firms Agree To Voluntary AI Safety Accord
House Speaker Mike Johnson described the agreement as a voluntary set of commitments. Trump also proposed a committee of about 10 people to oversee the broader AI industry.
Trump, Tech CEOs Set To Discuss AI Safeguards And Innovation
Trump has argued that excessive regulation could undermine innovation and US competition with China.
Watch: Trump Brushes Off AI Safety Alarms Ahead Of Meeting With Anthropic Chief
The president has repeatedly rejected calls from tech leaders to slow the breakneck pace of AI development, arguing that heavy regulations or pacing safeguards would only cede America's technological dominance to global competitors like China.
What Is Trump’s $15 Billion Plan For The Largest US Steel Plant
Minnesota-based Mesabi Metallics will develop the integrated operation, using iron ore from its recently opened Minnesota mine to produce steel at a new Iowa facility.
Trump Says US Diesel Export Ban Is Under Serious Consideration
Supply disruptions linked to conflicts involving Iran, Russia and Ukraine have contributed to the surge.