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'A debt can be erased, but the decisions that created it always have to be paid for in one way or another'

Hard-left candidate Jean-Luc Mélenchon has successfully brought the public debt issue into the presidential election campaign by proposing to cancel part of it. The proposal is legally fragile and does not address France's persistent budget deficit, writes Le Monde columnist Stéphane Lauer.

'A debt can be erased, but the decisions that created it always have to be paid for in one way or another'

We haven't written up this one. Le Monde English has the full story — the link below goes straight to it.

Read the original at lemonde.fr →

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OCC Opens Three Bank Doors to Stablecoins and AI Agents

U.S. financial regulators have issued conditional approvals for three new national trust banks. The Office of the Comptroller of the Currency (OCC) on Friday (Sept. 18) granted those approvals for Agora National Trust Bank, Catena Trust Bank, while allowing the conversion of Bastion Platforms Trust Company into a national bank.

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