Stablecoin Project Is Trump’s Latest Overture to Crypto
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 12 September 2024
⏱️ 12 minutes
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| 0:00.0 | If only life had a remote control, you could pause or rewind. |
| 0:03.6 | Well, life doesn't always give you time to change the outcome, but pre-diabetes does. |
| 0:08.5 | Take the one minute risk test today at do I have pre-diabetes.org. |
| 0:12.2 | Brought to you by the Ad Councilb-Dibee's Awareness Partners. |
| 0:15.0 | Wall Street Banks call for young employees to log off following an overwork outcry. |
| 0:24.6 | Plus asset managers want to help wealthy clients dip their toes into private markets. |
| 0:30.2 | And we'll take a look at Donald Trump's latest attempt to court crypto money and votes. |
| 0:35.5 | This year's election has almost become a crypto election. |
| 0:40.1 | The crypto industry has raised a lot of money for a few super PACs. |
| 0:47.0 | It's Thursday, September 12th. |
| 0:48.8 | I'm Luke Vargas for the Wall Street Journal and here is the AM edition of What's News? The top |
| 0:54.2 | headlines and business stories moving your world today. |
| 0:58.6 | We are exclusively reporting that J.P. Morgan Chase and Bank of America are planning to limit |
| 1:07.0 | the hours that junior bankers are allowed to work as they seek to address an outcry over Wall |
| 1:12.4 | Street's dangerous culture of overwork. |
| 1:16.0 | J.P. Morgan will now cap junior investment bankers' hours at 80 per week in most cases, |
| 1:22.0 | while Bank of America will roll out a timekeeping tool that will |
| 1:25.4 | require them to share more details about how their time is spent. |
| 1:29.6 | The changes come after a journal investigation found that junior bankers at Bank of America were routinely |
| 1:35.1 | told to lie about their hours in order to avoid going over existing limits. |
| 1:40.1 | And they also follow the death earlier this year of a 35-year-old Bank of America Associate |
| 1:44.6 | who had been working multiple 100-hour weeks. |
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