President Joe Biden is set to nominate a new FDIC chair after independent and congressional scrutiny of Martin Gruenberg's leadership.
The U.S. securities regulator on Monday asked Nasdaq and CBOE to fine-tune their applications to list spot ether exchange-traded-funds (ETFs), signaling the agency may be poised to approve the filings, three people familiar with the process told Reuters. While the exchange applications are the first step in a two-step approval process, a Securities and Exchange Commission green light would mark a major -- surprise -- win for the cryptocurrency industry that had been expecting the thumbs-down. The price of ether jumped as much as 18% Monday, and was up another 2.5% at $3,764 early Tuesday morning.
Indianapolis Colts' tight end Mo Alie-Cox was named a potential cut candidate for the team this summer.