Tag: chair

Acting SEC Chair Rejects Enforcement, First US Bank-Issued Stablecoin, and More — Week in Review

coiner

Acting SEC chair rejects enforcement, first US bank-issued stablecoin, Bitcoin’s four-year cycle at crossroads, and more in this Week in Review. Week in Review Acting SEC Chair Uyeda called for clear rulemaking over enforcement to provide much-needed guidance to the industry. The first U.S. bank-issued stablecoin on a permissionless blockchain—Ethereum—has launched. Bitcoin’s price remains relatively […] Source link

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Donald Trump Won't Reappoint Fed Chair Jerome Powell If Elected President

coiner

In a recent statement, former President Donald Trump made it clear that, if elected for a second term, he would not reappoint Jerome Powell as the Federal Reserve Chair. Trump has expressed his dissatisfaction with the current Fed Chair’s performance, and suggests that Powell will rate cuts in attempt to give Democrats an advantage in the 2024 elections. Trump’s criticism comes amidst concerns over inflation and the Federal Reserve’s handling of monetary policy. The former President believes that Powell’s approach has been too “political” and not been in the best interest of…

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