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Before yesterdayNYT | Top Stories

In Argentina, U.S. Tech Billionaire Peter Thiel Finds An Escape

The billionaire’s new roots in Argentina are said to be partly motivated by concerns about the future of the United States and shared beliefs with Argentina’s right-wing leader.

© Matias Baglietto/Reuters

Peter Thiel, right, arriving for a meeting with President Javier Milei at the Casa Rosada Presidential Palace in Buenos Aires in April.

Crypto Firms and Automakers Are Looking to Open Banks, at Trump’s Urging

27 May 2026 at 17:02
Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters.

© Kim Raff for The New York Times

Paul Gu, the chief executive of Upstart, an online lender seeking a bank charter. “It was just a natural next step for us,” Mr. Gu said.
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