Federal Reserve chair Jerome Powell

Auto Added by WPeMatico

Pre-Bull Signs Abound

by

This editorial is from last week’s newsletter, Week in Review. Subscribe to the newsletter to get this editorial the second it’s finished, which also includes the biggest stories of the week and a comment on each story. Pre-Bull Sentiment Rises This week it felt like the entirety of the crypto industry descended upon the city-state … Read more

White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

by

With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve chair Jerome Powell. Meanwhile, according to the CME Group’s Fedwatch tool, the target rate probability suggests the Fed will raise the … Read more

US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry

by

U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and 28 Securities and Exchange Commission (SEC) officials. Revolving Door Between Financial Regulators, Like SEC, and … Read more