ALT5 Sigma has denied a report suggesting one of its executives was being investigated by the SEC for insider trading tied to the Trump family’s World Liberty Financial. ALT5 Sigma, a new investment partner of the Trump family’s World Liberty Financial, has denied a recent report suggesting one of its executives is being probed by the US Securities and Exchange Commission.Rumors spread on Tuesday that the SEC had launched a probe into venture capitalist Jon Isaac over alleged earnings inflation and insider share sales tied to ALT5’s recent $1.5 billion treasury deal with Trump’s crypto platform. ALT5 Sigma took to X hours later, denying that Isaac is either a current or former president or adviser to the company, and is unaware of any current investigation into its activities by the securities regulator. Read more ALT5 Sigma has denied a report suggesting one of its executives was being investigated by the SEC for insider trading tied to the Trump family’s World Liberty Financial. ALT5 Sigma, a new investment partner of the Trump family’s World Liberty Financial, has denied a recent report suggesting one of its executives is being probed by the US Securities and Exchange Commission.Rumors spread on Tuesday that the SEC had launched a probe into venture capitalist Jon Isaac over alleged earnings inflation and insider share sales tied to ALT5’s recent $1.5 billion treasury deal with Trump’s crypto platform. ALT5 Sigma took to X hours later, denying that Isaac is either a current or former president or adviser to the company, and is unaware of any current investigation into its activities by the securities regulator. Read more

                                                                               Powell said the Federal Open Market Committee is weighing interest rates on a meeting-by-meeting basis, with no long-term consensus.                     US Federal Reserve Chair Jerome Powell said the 19 members of the Federal Open Market Committee (FOMC) remain divided on additional interest rate cuts in 2025.At Wednesday’s press conference after the Fed’s 25-basis-point rate cut, Powell said the central bank is trying to balance its dual mandate of maximum employment and price stability in an unusual environment where the labor market is weakening even as inflation remains elevated. Powell said:Powell said that the “median” FOMC projection from the Federal Reserve’s Summary of Economic Projections (SEP), the Fed’s quarterly outlook for the US economy that informs interest rate decisions, projected interest rates at 3.6% at the end of 2025, 3.4% by the end of 2026, and 3.1% at the end of 2027.Read more