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The government and nonprofit sectors have seen the most CEO exits.

(Bloomberg) -- One of the more dependable trading patterns in crypto appears to have become less reliable during the swift drawdown from the all-time highs reached amid the exuberance around the re-election of Donald Trump. Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facility is Holding Migrant Families Longer Than RecommendedNYC’s Finances

NEW YORK (Reuters) -A potential move by the Federal Reserve to ease regulations on capital for U.S. banks that would allow them to hold more Treasury securities has unleashed a torrent of so-called swap spread wideners in the bond market. These are bets that increase demand for U.S. Treasuries that will push their yields lower and closer to those of a competing class of risk-free assets called interest rate swaps. The trade has become popular since the November 5 U.S. election on expectations President Donald Trump's administration will push through deregulation, particularly making capital adequacy rules less restrictive for banks.

The Trump administration has officially backed a bill to repeal a controversial IRS crypto tax rule, with crypto czar David Sacks calling it a move to protect American innovation.

Oil prices had already been trading lower in the last few weeks, partly because of expectations that US president Donald Trump could swiftly end Russia’s war in Ukraine. This, in turn, is likely to increase Russian oil output thanks to sanctions relief.View on euronews

(Bloomberg) -- The top executive of Teck Resources Ltd., one of Canada’s biggest mining companies, blasted the US for imposing inflation-fueling tariffs on metals markets in some of the industry’s most scathing comments against the Trump administration.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityHong Kong Joins Global Stadium Race With New $4 Billion Sports ParkUS Tent Facility is Holding Migrant Families Longer T

The Congressional Crypto Caucus is a new nonpartisan voting bloc in Congress united by the promise of this technology, say House Majority Whip Tom Emmer and Representative Ritchie Torres.