Trump, Federal Reserve
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Three US federal agencies released a report detailing crypto custodial risks for banks that are looking to hold digital assets on behalf of customers.
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.
US banks can now offer crypto custody services following new Federal Reserve guidance, opening doors for institutional adoption.
The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been already attacking the central bank for not cutting interest rates.
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The central bank is quietly pushing back with a new “Frequently Asked Questions” page on its website defending the central bank’s renovation.
Tuesday on the RealClearPolitics podcast, Andrew Walworth spoke to RealClear Markets editor John Tamny about his recent piece on the Federal Reserve. Tamny wrote in Forbes: Say It Repeatedly, The Fed Isn't Nor Can It Be 'Independent' "The notion that the Fed's in control is laughable,
What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health.
President Donald Trump’s budget chief said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed.” Office of Management and Budget Director Russell Vought also suggested Powell had misled Congress about a pricey renovation of the central bank’s headquarters.
Mr. Pollock is a Senior Fellow at the Mises Institute, the author of 'Finance and Philosophy--Why We’re Always Surprised' and co-author of 'Surprised Again! The Covid Crisis and the New Market Bubble.'