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Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary
[Nov 22 11:28 PM] President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.
Howard Lutnick, Tether's Wall Street Banker, Is Trump's Pick for Commerce Chief, Not Treasury Secretary
[Nov 19 4:03 PM] President-elect Donald Trump has nominated Cantor Fitzgerald CEO Howard Lutnick as Treasury Secretary.
Cantor Fitzgerald CEO Howard Lutnick vying for Treasury Secretary post
[Nov 13 9:59 PM] Lutnick has become increasingly visible to the crypto community due to his relationship with Tether and his appearance at Bitcoin 2024.
Trump’s leading pick for Treasury Secretary is ‘very pro-crypto’
[Nov 12 1:58 PM] As Scott Bessent and John Paulson emerge as leading candidates for US Treasury Secretary, the community is curious about their stance on crypto.
US Treasury ‘Very Attentive’ to Russia’s Use of Cryptocurrency, Yellen Says
[Jul 14 4:16 PM] U.S. Treasury Secretary Janet Yellen has addressed concerns about Russia using cryptocurrency to evade sanctions. During her testimony before the House Financial Services Committee, Yellen acknowledged the potential threat, noting that while it may…
New law grants US president power to block digital asset access
[Jun 6 3:04 AM] A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users.
US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense
[May 27 11:15 AM] U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That…
Supporting 2 Wars Is Feasible Despite US Debt Surge, Says Yellen
[Oct 16, 2023 3:30 PM] After the United States recently accumulated hundreds of billions in debt and directed over $75 billion to Ukraine, U.S. Treasury Secretary Janet Yellen assured on Monday that the nation is financially equipped to back two wars. U.S. Can ‘Certainly…
Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit
[Jul 16, 2023 2:00 PM] Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically declared on Sunday that bolstering Ukraine represents “the single best thing we can do for the global economy.” Furthermore, Yellen expressed caution regarding the…
Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown
[Jun 7, 2023 11:30 AM] In a recent statement, former U.S. Federal Reserve chair and current Treasury secretary, Janet Yellen, expressed her desire for Congress to enact more regulatory measures concerning the cryptocurrency industry. Yellen cited Treasury reports on…
Zambia’s crypto regulation tests to be wrapped by June: Report
[Apr 12, 2023 8:38 PM] According to Zambia Tech Minister Felix Mutati, the country needs digital identities and other necessary digital infrastructures before it introduces crypto.
Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks
[Mar 14, 2023 3:30 PM] After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from…
Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System
US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank
[Mar 12, 2023 10:35 AM] U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put in place after the 2008 financial crisis were…