Newly introduced U.S. House and Senate bills would create a strategic Bitcoin reserve with the aim of strengthening the nation's economic foundation.
The Fed won't lower rates at its policy meeting next week, but could deliver the first of a set of rapid-fire reductions in borrowing costs in June.
Powell spoke at a volatile time, with stock markets and bond yields both declining in the wake of Trump's whipsaw announcements of steep tariffs.
Inflation could continue to be ‘persistent’ and prices could potentially increase again, Federal Reserve Governor Adriana Kugler told CNBC’s Silvia Amaro.
Sen. Cynthia Lummis (R-Wyo.) reintroduced legislation Tuesday to create a bitcoin strategic reserve, seeking to codify President Trump’s executive order last week establishing a reserve. The
Tennessee sets a new state interest rate at 11.50 percent, linked to the federal prime rate plus 4 percent, as announced by Financial Commissioner Gonzales.
On March 7 2025, Donald Trump went against his previously held beliefs that cryptocurrency was “based on thin air” and confirmed the establishment of the Bitcoin Strategic Federal Reserve, an initiative that looks to promote the importance of decentralised digital currencies across the country and the world.
Banco San Juan Internacional Inc.'s recent amendments to its suit challenging the Federal Reserve Bank of New York’s decision to close its master account were rejected by a federal court.