Opinion | Trump Pardons His Family’s Crypto Pal

The Wall Street JournalFriday, October 24, 2025 at 10:05:00 PM
Opinion | Trump Pardons His Family’s Crypto Pal
In a recent opinion piece, it was highlighted that Zhao, a supporter of a Trump-associated stablecoin, has applied for clemency, which has sparked discussions about the implications of political connections in financial matters. This situation is significant as it raises questions about the intersection of politics and cryptocurrency, particularly in how influential figures can navigate legal challenges.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Stablecoin Use for Payments Jumps 70% Since US Regulation
PositiveFinancial Markets
Since the introduction of US regulations in July, the use of stablecoins for payments has surged by 70%. This significant increase highlights a growing acceptance of digital currencies in everyday transactions, making it easier for consumers and businesses to engage in real-world purchases. The regulation has provided a clearer framework, boosting confidence in stablecoins and their potential to revolutionize payment systems.
Trump aims to clinch deal with China’s Xi during Asia trip
PositiveFinancial Markets
During his recent trip to Asia, Trump is focusing on securing a deal with China's President Xi Jinping. This meeting is crucial as it could pave the way for improved trade relations between the two countries, which have been strained in recent years. A successful agreement could benefit both economies and signal a shift towards more cooperative international relations.
Analysis-The bulldozer and the ballroom: Trump puts permanent stamp on the White House
PositiveFinancial Markets
Donald Trump's presidency has left a lasting impact on the White House, blending traditional politics with a bold, unconventional approach. His unique style and policies have reshaped the political landscape, making it crucial to understand how his influence will continue to affect future administrations and the overall direction of the country.
Ontario premier provokes Trump’s ire once again with Reagan ad
NegativeFinancial Markets
Ontario Premier Doug Ford has once again drawn the ire of former President Donald Trump by airing an advertisement that features Ronald Reagan. This move has sparked controversy and debate, highlighting the ongoing tensions between Ford's administration and Trump's supporters. The ad's implications could affect Ford's political standing and relationships within the Republican Party, making it a significant moment in the current political landscape.
Trump flies to Asia with crunch China talks looming: ‘We have a lot to talk about’
NegativeFinancial Markets
President Trump is heading to Asia for crucial talks with China, even as the U.S. government faces a shutdown. Senate Democratic leader Chuck Schumer criticized the timing, highlighting the importance of addressing domestic issues before international ones. This situation underscores the tension between urgent political matters at home and the need for diplomatic engagement abroad.
Top economist blasts ‘incredible cynicism and betrayal of Reagan by his own foundation’ as free trader’s image tarnished in tariff fight
NegativeFinancial Markets
A prominent economist has criticized the Reagan Foundation for what he calls a betrayal of Ronald Reagan's legacy, particularly in light of recent tariff disputes. This criticism comes as President Trump threatens to halt trade with Canada, using a statement from the foundation to justify his stance. The situation highlights the growing tensions in trade relations and raises questions about the principles of free trade that Reagan championed. It matters because it reflects a significant shift in economic policy and the potential impact on international relations.
Your morning cup of coffee is more expensive. Trump tariffed the top provider and launched an anti-drugs campaign against the second
NegativeFinancial Markets
Coffee lovers are facing a bitter reality as the price of their morning brew rises. Recent tariffs imposed by Trump on coffee imports, particularly affecting Brazil and Colombia, have led to increased costs for consumers. This situation is significant because it highlights the dependency of the U.S. on foreign coffee sources, with 99% of coffee being imported. As prices climb, many may reconsider their daily coffee habits, impacting both local businesses and the broader economy.
US beef prices are soaring. Will Trump's plans lower them?
NegativeFinancial Markets
US beef prices are on the rise, and ranchers are criticizing Trump's proposed plans to lower them, claiming they only tackle the symptoms rather than the root problems. This situation is significant as it highlights the ongoing struggles within the agricultural sector and raises questions about the effectiveness of political solutions in addressing economic issues.
Latest from Financial Markets
Olive Garden launches bold new offer as restaurant prices surge
PositiveFinancial Markets
Olive Garden is responding to rising restaurant prices by introducing cost-saving menu changes that offer lower-priced options for diners. This move is timely, as many customers are feeling the pinch of inflation and are looking for affordable dining experiences. By providing budget-friendly choices, Olive Garden not only aims to attract more customers but also to enhance their dining experience during challenging economic times.
Tropical Storm Melissa Poised to Tear into Jamaica, Caribbean
NegativeFinancial Markets
Tropical Storm Melissa is intensifying and poses a significant threat to Jamaica and the Caribbean, with the potential for catastrophic flooding and wind damage. This storm has already claimed at least four lives, highlighting the urgent need for preparedness and response measures in the affected areas.
I helped design rocket engines for NASA’s space shuttles. Here’s why businesses need AI as trustworthy as aerospace tech
PositiveFinancial Markets
The article highlights the author's experience in designing rocket engines for NASA's Space Shuttle program and emphasizes the importance of trustworthy AI in business. Drawing from aerospace technology's reliability, the author argues that businesses should adopt AI systems that are equally dependable to enhance their operations and decision-making processes. This perspective is crucial as AI continues to play a significant role in various industries, ensuring that companies can innovate while maintaining trust and safety.
US and China kick off trade talks ahead of high-stakes Trump-Xi summit
PositiveFinancial Markets
The US and China have initiated trade talks, led by Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng, in a bid to alleviate tensions surrounding tariffs. This dialogue is crucial as it sets the stage for the upcoming high-stakes summit between President Trump and President Xi, where key economic issues will be addressed. The outcome of these discussions could significantly impact global trade relations and economic stability.
Miami’s outgoing mayor warns about what he sees happening in New York and the 2 cities’ different approaches to next summer’s World Cup
NeutralFinancial Markets
Miami's outgoing mayor, Francis Suarez, reflects on the city's changing affordability compared to New York as they both prepare for next summer's World Cup. He notes that Miami used to be more affordable until an influx of New Yorkers raised prices. This comparison highlights the different economic landscapes and approaches both cities are taking as they gear up for the global event, making it a significant point of discussion for residents and visitors alike.
Will the future of telecom growth depend on content creators and AI?
NeutralFinancial Markets
The telecom industry is facing challenges due to market saturation, where consumers have numerous options and minimal loyalty to providers. This situation raises questions about the future growth of telecom, particularly how it might hinge on the integration of content creators and artificial intelligence. As companies explore innovative strategies to retain customers and enhance services, understanding these dynamics becomes crucial for stakeholders in the telecom sector.