Inflation Shockwaves, CEO Bloodbaths & Policy Bombshells: The Forces Rocking Markets Now
Markets reel as inflation data delivers a gut punch to investor optimism.
Corporate carnage spreads as executives face ultimatums—adapt or get replaced.
Policy shifts loom like storm clouds, threatening to rewrite the rules overnight.
Bonus jab: Traders suddenly remember 'risk management' exists—right after their portfolios get halved.
The post came after the GENIUS Act failed to pass a procedural vote Tuesday. A group of GOP Freedom Caucus members refused to vote in favor of advancing the bill, citing concerns over the GENIUS Act and the Anti-CBDC Surveillance Act being separate pieces of legislation, a person familiar with the matter told me.
Representatives gathered on Wednesday to reconsider the rule, but the deal President Trump struck with hardliners on Tuesday did not appear to be effective. The drama was still playing out at time of publishing, so keep an eye on Blockworks’ congressional coverage for updates.
The holdup comes as lawmakers and industry members alike insisted the bill was poised to pass. I’ve been told the White House has already scheduled time in the Oval Office for Trump to sign the bill into law on Friday.
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