Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions…
Inflation is broadening out, says Goldman economist
During his Congressional testimony last week, new Fed Chair Kevin Warsh emphasized that one of his primary responsibilities was to ensure that individual price…
Will the Fed hike interest rates this month?
Kevin Warsh’s testimony to Congress “offered some heat but not a lot of new light” on the outlook for interest rates, one economist said. Source：MarketWatch
Fed Chair Warsh will be in the hot seat as lawmakers press for his read on the economy
Kevin Warsh will testify before Congress for the first time as Fed chair this week. Lawmakers will want answers. Source：MarketWatch
U.S. government digital dollar set to be banned tonight under housing law's CBDC limit
Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along…
Kevin Warsh wants fewer press conferences. Why that’s bad for the economy and your money.
The Fed chair is testifying before Congress this week. Lawmakers should ask him about transparency. Source：MarketWatch
Stocks rally when Congress goes on summer break. Here is the hidden reason.
Stock prices face greater volatility when lawmakers are active, driven entirely by the regulatory uncertainty they create. Source：MarketWatch
Clarity and Congress's summer break: State of Crypto
All parties are still optimistic that Clarity can happen before the midterms, but time is really starting to run out. Source：CoinDesk
US senator calls for ban on elected officials issuing memecoins
The restriction proposed by Senator Kirsten Gillibrand would bar members of Congress, the US president and their spouses from “issuing or sponsoring their own…
Donald Trump says ‘nothing wrong’ with $1.4B crypto windfall while in office
The US President disclosed earning more than $1 billion from crypto ventures amid discussions of a digital asset market structure bill in Congress and…
Ripple co-founder backs venture launched by US senator's son: Report
While engaged in negotiations over ethics in a crypto market structure bill in Congress, Senator Kirsten Gillibrand said she had “no involvement” in her son’s…
JPMorgan backs U.S. crypto bill but warns of risks in digital asset framework
The bank says Congress should pair regulatory clarity with safeguards as Senate negotiates the Clarity Act. Source：CoinDesk