Far from a millionaire, Ilhan Omar now claims a potentially negative net worth

NEWYou can now listen to Fox News articles! Democratic Minnesota Rep. Ilhan Omar’s latest financial disclosures show dramatically lower reported asset values than an earlier filing that listed millions of dollars in businesses connected to her husband.In a financial report meant to cover 2024, the Minnesota Democrat claimed that she and her husband controlled between $6 million and $30 million in assets, figures that raised eyebrows as conservatives honed in on allegations of fraud among…

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Bank of England Publishes Stablecoin Rules, Targets 2027 Launch

The Bank of England (BoE) published a policy statement and draft rules for systemic stablecoins on Monday, outlining how regulated British pound-backed stablecoins would operate in the United Kingdom.The BoE defines systemic stablecoins as those that are widely used in payments and may pose risks to the UK’s financial stability.…