Cryptocoins News / Blockchain - 2 months ago
Bitcoin (BTC) surged to $65,000 as risk appetite returned following Federal Reserve Chair Jerome Powell's comments on potential rate cuts. (Read More)
Bitcoin News / Google News Bitcoin - 2 months ago
‘New Oil And Gold’—Crypto Is Suddenly Braced For The ‘Most Important’ Week After A Federal Reserve-Powered Bitcoin Price Surge& & Forbes
Bitcoin News / Bitcoin.com - 2 months ago
Thomas Joseph Webster, Professor Emeritus of Economics at Pace University, challenges the long-held belief in the Federal Reserve’s political independence in his comprehensive report, “The Myth of Fed Political Independence.” Webste...
Bitcoin News / Bitcoin.com - 3 months ago
The U.S. Federal Reserve Board has found “significant deficiencies” in Customers Bancorp, Inc.’s management of risk and adherence to anti-money laundering (AML) regulations. These issues, particularly troubling for the bank known fo...
Cryptocoins News / Blockchain - 4 months ago
Circle has responded to the Federal Reserve Board's proposal to extend the service hours of Fedwire and NSS, advocating for broader upgrades to the U.S. payments system. (Read More)
Bitcoin News / Bitcoin.com - 4 months ago
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identif...
Bitcoin News / Bitcoin.com - 4 months ago
According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28, 2022, totaling $176 billion by June 19,...
Bitcoin News / Bitcoin.com - 4 months ago
According to “Project 2025,” initiated by the conservative think tank the Heritage Foundation, there is a strategy aimed at implementing conservative policies effectively within the first 180 days of the next U.S. Presidential Administrat...
Bitcoin News / Bitcoin Magazine - 4 months ago
IntroductionAs it moves into the active appeal stage at the Tenth Circuit, the ongoing legal battle between Custodia Bank and the Federal Reserve has garnered significant attention, especially given the involvement of various amicus briefs. A total o...
Bitcoin News / Bitcoin.com - 4 months ago
The Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in projected losses during a severe recession scenario. These losses are significantly higher than last year due to increase...
Bitcoin News / Bitcoin.com - 5 months ago
Republican Senator Mike Lee from Utah has introduced legislation to abolish the U.S. central bank and its Board of Governors. Lee contends that the U.S. Federal Reserve has “repeatedly failed” the American public and argues for its dissolution. Feder...
Bitcoin News / Bitcoin.com - 5 months ago
Three U.S. senators have urged Federal Reserve Chair Jerome Powell to cut interest rates, arguing that high rates stifle the economy and raise housing and auto insurance costs, which are key inflation drivers. They warn that prolonged high rates risk...
by COINS NEWS - 5 months ago
Senator Mike Lee has proposed a bill called the "Abolish Act," which seeks to dismantle the Federal Reserve System as a government entity. According to Lee, the American central bank has overstepped its authority and failed in its dut...
Bitcoin News / Bitcoin.com - 5 months ago
The “Economic Well-Being of U.S. Households in 2023” survey, prepared by the Federal Reserve and executed by Ipsos, has revealed that only 7% of the people polled held or used cryptocurrency in the U.S. The survey, which included 11,400 r...