The post Most Americans Now Believe Billionaires Are A Threat To Democracy, New Data Shows appeared on BitcoinEthereumNews.com. Topline A rising number of Americans believe billionaires pose a threat to democracy, newly released data shows, and seven in 10 want the ultra wealthy to play a smaller role in U.S. politics amid an administration that has publicly cozied up to the country’s richest people. (L-R) Priscilla Chan, Meta founder Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla CEO Elon Musk attend the inauguration of Donald Trump. Getty Images Key Facts More than half of Americans (53%) believe billionaires threaten American democracy, data from the Harris Poll’s annual Americans and Billionaires Survey shows, up seven points from when the same question was posed last year. The survey found that Americans are becoming less enchanted with billionaires overall and want to see increasing regulations put on those with high net worths, including a limit on how much wealth someone can accumulate. More than half of respondents this year said they’d like to see limits on wealth accumulation (53%, up from 46% in 2024), and those people largely think nobody should be allowed to have more than $10 billion. Americans are also largely in favor of more regulations on billionaires—71% of respondents said there should be a billionaires tax and 64% think the government should impose mandatory philanthropic involvement for people worth more than $1 billion. Over a third of Americans believe the U.S. economy is an uneven playing field that prioritizes the ultra-wealthy, with more than seven in 10 agreeing that wealth inequality is a serious national issue. Almost all (94%) of respondents believe there is a wealth gap in America, with the top drivers cited as the rising cost of living outpacing incomes, corporate tax loopholes and lack of affordable housing. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so… The post Most Americans Now Believe Billionaires Are A Threat To Democracy, New Data Shows appeared on BitcoinEthereumNews.com. Topline A rising number of Americans believe billionaires pose a threat to democracy, newly released data shows, and seven in 10 want the ultra wealthy to play a smaller role in U.S. politics amid an administration that has publicly cozied up to the country’s richest people. (L-R) Priscilla Chan, Meta founder Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla CEO Elon Musk attend the inauguration of Donald Trump. Getty Images Key Facts More than half of Americans (53%) believe billionaires threaten American democracy, data from the Harris Poll’s annual Americans and Billionaires Survey shows, up seven points from when the same question was posed last year. The survey found that Americans are becoming less enchanted with billionaires overall and want to see increasing regulations put on those with high net worths, including a limit on how much wealth someone can accumulate. More than half of respondents this year said they’d like to see limits on wealth accumulation (53%, up from 46% in 2024), and those people largely think nobody should be allowed to have more than $10 billion. Americans are also largely in favor of more regulations on billionaires—71% of respondents said there should be a billionaires tax and 64% think the government should impose mandatory philanthropic involvement for people worth more than $1 billion. Over a third of Americans believe the U.S. economy is an uneven playing field that prioritizes the ultra-wealthy, with more than seven in 10 agreeing that wealth inequality is a serious national issue. Almost all (94%) of respondents believe there is a wealth gap in America, with the top drivers cited as the rising cost of living outpacing incomes, corporate tax loopholes and lack of affordable housing. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so…

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more