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Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy


In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate. The post Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy appeared first on Cryptonews

Fed Chair Powell Says US Government Is on ‘Unsustainable’ Fiscal Path


Federal Reserve Chairman Jerome Powell says in the long run, the U.S. federal government is on an unsustainable fiscal path due to its ballooning debt growing faster than the economy. Moreover, the Fed chair cautioned that there will be some banks that have to be closed or merged out of existence....

Congressman Rand Paul Reintroduces ‘Audit the Fed’ Bill


Congressman Rand Paul reintroduced the Federal Reserve Transparency Act, also known as the “Audit the Fed” Bill, as a standalone piece of regulation into the U.S. Senate. The bill seeks to take the lid off what Paul considers to be the “entirely unknown inner workings”...

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