Latest News and Articles about Federal Reserve
Federal Reserve Rejects Bitcoin Reserves, Yet States Forge Ahead
Bitcoin Reserve Dreams Dashed by Federal Reserve, Yet States Like Texas and Florida Charge Ahead Austan Goolsbee, President of the Federal Reserve Bank of Chicago, has made it clear that the Federal Reserve isn’t warming up to the idea of holding Bitcoin as a reserve asset anytime soon. Despite the crypto community’s enthusiasm for a […]
Read MoreFederal Reserve’s 100 Years: Economic Control vs. Bitcoin’s Decentralized Future
The Federal Reserve’s Century: From Economic Control to Bitcoin’s Challenge The Federal Reserve’s century-long journey has significantly shaped the global financial landscape, yet it faces increasing scrutiny over economic disparities and its role in crises. Bitcoin emerges as a beacon of hope, offering a decentralized alternative to traditional central banking, sparking discussions about the future […]
Read MoreFed Chair Powell: Banks Can Serve Crypto Clients with Proper Risk Management
Fed Chair Jerome Powell: Banks Are Perfectly Able to Serve Crypto Customers, If They Manage Risks Jerome Powell, the Chair of the Federal Reserve, recently offered a glimpse into the central bank’s stance on the burgeoning relationship between traditional financial institutions and the volatile world of cryptocurrencies. His remarks underscore a cautious optimism, ensuring that […]
Read MoreScott Bessent Opposes U.S. CBDC: Trump’s Treasury Pick Signals Policy Shift
Scott Bessent Rejects U.S. CBDC: Implications for Trump Administration’s Financial Policy – Scott Bessent opposes U.S. CBDC – Federal Reserve exploring CBDCs since 2021 – Potential shift in U.S. financial policy Should the U.S. adopt a central bank digital currency? Scott Bessent, Trump’s Treasury Secretary pick, says no. At his Senate Finance Committee hearing, Bessent […]
Read MoreFed Slams Bitcoin Reserve as “Dumbest Idea,” Yet Political Backing Surges
Fed Calls Bitcoin Reserve Plan “Dumbest Idea Ever,” Yet Political Support Grows Last week, in a Federal Reserve boardroom, the notion of a US Strategic Bitcoin Reserve was met with sharp criticism, with officials branding it “the dumbest idea” they’ve ever heard. However, political momentum behind the idea continues to build, with figures like
Read MoreMichael Barr Resigns from Federal Reserve: Crypto Community Celebrates, Pro-Crypto Shift Expected
Top Anti-Crypto Federal Reserve Official Michael Barr Resigns Michael Barr, the Vice Chair for Supervision at the Federal Reserve, has stepped down, eliciting cheers from the cryptocurrency community. His exit coincides with the incoming Trump administration’s intent to install pro-crypto sympathizers in key regulatory roles, signaling a potential shift in the U.S. stance on digital […]
Read MoreCould Trump Bypass the Fed to Establish a U.S. Bitcoin Reserve?
As Bitcoin faces skepticism from the Federal Reserve, could a bold move from Donald Trump change the narrative? Federal Reserve Chairman Jerome Powell remains resolute in his stance, declaring that “The Fed is not the place for Bitcoin.” His blunt remarks sent Bitcoin’s market value plummeting by 7.5%, rattling investors and casting doubt on the […]
Read MoreRobert Kiyosaki Advocates Bitcoin and Metals as Defense Against Economic Instability
Robert Kiyosaki’s Vision: Bitcoin and Precious Metals as Safeguards Against Economic Turmoil Robert Kiyosaki, the financial guru behind the bestselling book “Rich Dad Poor Dad,” urges individuals to protect their wealth using tangible assets, namely gold, silver, and Bitcoin. His skepticism towards the U.S. government’s fiscal policies and the Federal Reserve’s influence underpins his forewarning […]
Read MoreFed Chair Powell Clarifies Bitcoin Bar on Fed’s Balance Sheet, Markets React with 5.7% BTC Drop
Jerome Powell on Why Bitcoin Is Not in the Fed’s Cards Jerome Powell, Chairman of the Federal Reserve, has firmly stated that the Fed is legally barred from holding Bitcoin. This announcement has doused any speculation about the Fed’s potential involvement in cryptocurrency reserves and sparked a notable reaction in financial markets. The Federal Reserve […]
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