Warren Presses Treasury, Fed to Rule Out Bitcoin Bailout As Prices Tumble: Report
In brief
U.S. Senator Elizabeth Warren has asked the Treasury and Fed to confirm that they would not engage in “propping up” crypto fir...
Fed Economists Praise Prediction Markets as States Step Up Enforcement
In brief
Fed economists argue that prediction markets can work to complement existing policy forecasting tools.
The paper finds macro c...
Kevin Hassett urges ‘discipline’ for Fed economists over tariff study
WASHINGTON — President Donald Trump’s top economist on Wednesday urged that Federal Reserve economists be punished for research last we...
Fed minutes reveal discussion of a possible rate hike if inflation doesn’t cool
Several officials would have supported a statement by the Fed indicating that interest rates could rise if inflation remained high.
Trump ramps up Fed rate cut pressure after strong jobs, inflation reports
President Trump and top White House officials are ramping up pressure on the Federal Reserve to cut interest rates after two surprising...
Bitcoin Slides as Fed Rate Cut Doubts Follow Strong Jobs Report
In brief
The U.S. economy added 130,000 jobs in January.
Traders grew increasingly doubtful about a rate cut in March.
Gold prices clim...
Fintechs Back Fed Payments Account That Could Open Rails to Crypto Firms
In brief
Fintech trade groups back a proposal for limited Fed payment access for non-bank firms.
Banks warn the plan could raise run ri...
The Link Between Trump’s Fed Pick and Tether’s ‘Made in America’ Stablecoin
In brief
Trump’s Fed chair pick Kevin Warsh advised a Tether-linked bank.
Anchorage Digital was tapped to issue Tether’s new USAT stabl...
Trump Names Bitcoin-Friendly Kevin Warsh As Fed Chair Pick
President Donald Trump on Friday announced Kevin Warsh as his nominee to serve as chairman of the Federal Reserve, confirming speculati...
Kevin Warsh’s Fed nomination hints at Bitcoin-friendly future
President Donald Trump announced he will nominate former Federal Reserve Governor Kevin Warsh to lead the US central bank.In a Jan. 30 ...