Elliot Stein

Elliott Stein is a Senior Litigation Analyst at Bloomberg Intelligence, specializing in the legal intricacies of the crypto sector. He discusses a recent court hearing on the SEC's rejection of Grayscale's bid for a bitcoin ETF. Stein notes the judges' skepticism towards the SEC's rationale for treating bitcoin futures differently from spot ETFs. He also shares insights on other critical cases like Ripple and delves into the potential impact of Grayscale's lawsuit on the broader crypto landscape, including implications for future ETF applications.

Elliot Stein, a senior litigation analyst at Bloomberg Intelligence, dives into the question of whether Trump can fire Fed Chair Jerome Powell, unraveling the legal intricacies behind executive power. Senior correspondent Alex Ebert sheds light on geofence warrants, exploring their implications for privacy rights in the digital age. Immigration law expert Leon Fresco discusses the charges against a New Jersey Congresswoman related to an incident outside a detention facility, linking it to broader themes of accountability and legal definitions in immigration policy.

Joanne Hsu, Director of the UMich Surveys of Consumers, reveals a concerning drop in consumer sentiment due to rising costs. Alison Williams provides insights into the mixed earnings of major banks like JPMorgan. Elliot Stein discusses TD Bank's $450 million penalty following a money laundering case. Priya Misra warns of high interest rates affecting real estate, while Jennifer Rie emphasizes the impact of antitrust cases on big tech, particularly Google's potential breakup. The conversation highlights evolving market dynamics and regulatory challenges.