Trump plans to announce the World Liberty Financial crypto exchange on Monday. Here's what to know.
CBSN
Former President Donald Trump on Monday is expected to announce the debut of a new crypto platform called World Liberty Financial that will be controlled by sons Donald Trump Jr. and Eric Trump.
The Republican nominee for president plans to discuss the new venture from his Mar-a-Lago resort at 8 p.m. ET on September 16, 50 days before Election Day. In recent weeks, the Trumps have been promoting the endeavor on social media, touting it as "the future of crypto."
Trump's 18-year-old son Barron, a first-year student at New York University, is identified as the project's "DeFi visionary," according to a white paper on the project obtained by cryptocurrency news site CoinDesk. DeFi, short for "decentralized finance," is a term that refers to financial services offered through public blockchains.
Hurricane Francine in Louisiana, flooding in the Carolinas and wildfires in California are among the extreme weather events impacting millions across the U.S. just in the past week. And it's not just about the physical risks — it's having a major impact on the affordability of having a home, as extreme weather continues to feed into the rising costs of home insurance.
The arrival of pumpkin spice lattes and cooler temperatures may mean fall is on its way, but nothing quite kicks off the season like when the leaves change into those vibrant hues of yellow, orange and red. The cascade of colors that erupts each September and October signal that change is on its way.
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