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Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance
[Oct 24, 2024 2:30 AM] U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a…
Sen. Hagerty introduces Clarity for Payment Stablecoins Act of 2024
[Oct 11, 2024 7:05 PM] The new bill is a refinement of Rep. Patrick McHenry’s 2023 bill, which has bipartisan support.
US Senator Discusses Crypto Policies Under Potential Second Trump Administration
US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC
[Jun 9, 2023 4:00 AM] Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated…
White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within
[Apr 21, 2023 8:30 PM] In a congressional hearing, White House economist Jared Bernstein says there’s “some evidence” that China wants the U.S. dollar to lose its status as the world’s reserve currency. However, U.S. Senator Bill Hagerty stressed that the biggest threat
US senator Toomey introduces stablecoin bill as congressional session wraps up
[Dec 21, 2022 11:40 PM] The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session.