In a House Financial Services Committee hearing, Powell responded to questions from Rep. Patrick McHenry, who said the digital dollar would likely face national and economic […]
According to the Federal Reserve Bank Services website, the bank is currently experiencing a disruption in its Check 21, Check Adjustments, FedLine Advantage, FedLine Command, FedLine […]
While dismissing the possibility of bitcoin (BTC) displacing the U.S. dollar’s reserve status, at least for now, for policy makers, “the best reason to focus on […]
According to Coindesk, because Powell’s Fed efficiently printed more than $3 trillion in new money, nearly doubling the central bank’s balance sheet in the process, it […]
According to a Wall Street Journal exclusive published on Nov. 23, Joe Biden team plans to nominate former Federal Reserve Chairwoman Janet Yellen to become the […]
Robert Bench, who is the Federal Reserve Bank of Boston’s director of applied research, thinks privacy should be a focus during the creation of digital money. […]