Greg Guenthner:

Banks Must Adopt Crypto or Be Extinct in 10 Years, Eric Trump Says

Eric Trump, executive vice president of the Trump Organization and son of U.S. President Donald Trump, has delivered a warning to global banks regarding cryptocurrency adoption.

“The modern financial system is broken, it’s slow, it’s expensive,” Trump said in a CNBC interview on April 30, adding that the existing banking system “favors the ultra-wealthy.”

“It forced me into the crypto world,” he continued, adding: “And I’m telling you, if the banks don’t watch what’s coming, they’re going to be extinct in 10 years.”

“There’s nothing that can be done on blockchain that can’t be done better than the way that the current financial institutions are working. SWIFT is an absolute disaster,” he stated.

Trump’s warning comes amid many global banks still pushing back against cryptocurrency adoption, with the Bank of Italy slamming stablecoin growth and Bitcoin (BTC) investments.

On the other hand, many industry executives are bullish on crypto adoption by banks already in 2025, amid governments like the U.S. pushing a more crypto-friendly agenda.

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James Altucher:

DataRepublican’s Mission: Uncovering Government Fraud to Save the Country with Determination

The Data Republican—it almost sounds like a superhero name. And in a way, she is. She’s been single-handedly uncovering massive amounts of government waste and inefficiency.

You’ve heard the old stories—like the military buying a pencil for $6 million. Those weren’t urban legends. They were real, and you could track them through publicly available data. The problem now is that the data is harder to find and much harder to analyze. 

That’s where Data Republican comes in. She’s built tools that comb through this public data—yes, it’s all technically accessible—and uses AI to flag things that are, if not outright fraudulent, at least seriously wasteful. This is about saving taxpayer dollars.

But here's something even more remarkable: she’s both deaf and mute. So, in this episode of The James Altucher Show, we’re also joined by The Data Interpreter—her translator—who helps communicate her responses. You’ll hear both of them in action.

I wanted to understand: what kind of waste has Data Republican uncovered? What does she see? What is she working on? What tools can we use from her site? How did she get started with this? Click the link below to listen and learn.

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Davis Wilson:

P-E-L-O-S-I

For the last decade, savvy investors have quietly followed one simple rule: Buy what Nancy Pelosi buys. And it’s worked – extraordinarily well.

Since 2014, Pelosi’s portfolio has delivered a stunning 685% return, which is more than triple the S&P 500’s 193% return over that same time period. This kind of outperformance isn’t just rare – it’s nearly unheard of.

But that piggyback strategy may be coming to an end: Senator Josh Hawley (R-MO) has reintroduced a bill that could permanently shut down the congressional trading playbook.

It’s called the PELOSI Act (short for Preventing Elected Leaders from Owning Securities and Investments). Yes, it’s a not-so-subtle jab at the most successful political trader of our time.

It would ban lawmakers and their spouses from owning, buying, or selling individual stocks while in office. If it passes, one of the most watched, most copied portfolios in the world will go dark.

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