File under “sure, Jan”

#Fed Chair Nominee Asserts at Hearing He Won’t Do Trump’s Bidding

Kevin M. Warsh, Trump’s nominee for #FederalReserve chair, told senators at his confirmation hearing that #Trump had not asked him for any commitments 😉. Democrats pressed him on his #independence & details of his personal financial assets.

#economy #banking #kleptocracy #Senate #USpol
nytimes.com/live/2026/04/21/bu…

Finland, Denmark, Norway, Sweden, and Estonia are soon enabling offline debit card payments for at least seven days without network connectivity. The change covers payments for essential goods in physical trade, such as food, medicine, and fuel. Each country has made - or is in the process of making - the required changes to their related regulations to enable it.

The motivation for this change is to enable payments even in exceptional situations such as network disruptions due to sabotage or conflict. TL;DR: You can pay for essentials even if Russia cuts the cables.

Plans for this change were announced in May 2025: reuters.com/business/finance/n…

#resilience #preparedness #infrastructure #payments #banking

European money pours into Palantir: Over 100 asset managers and banks boost their investments in the controversial tech company.

Investors across the continent have already put more than $27 billion into this leader in military-grade AI that has been accused of numerous human rights violations.

mediafaro.org/article/20260411…

#Palantir #Tech #HumanRights #AI #Investing #AssetManagement #Banking #Politics #Business #Europe #OECD #EU #Democracy #PeterThiel

European money pours into Palantir: Over 100 asset managers and banks boost their investments in the controversial tech company.

^{El País}