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Category: Lael Brainard
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Fed’s Brainard Calls for Sound Regulation of Crypto Financial System to Be Established ‘Now’
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Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding
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Fed’s Lael Brainard invites Congress to choose whether to compete with China’s digital yuan
“We want to make sure that we do the requisite research on policy and technology so we’re in a position to move forward if Congress decides it’s important to be able to compete with China in this regard,” said Lael Brainard.
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After Overseeing the Largest Monetary Expansion in US History Biden Renominates Powell to Lead the Fed
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US President Biden Nears Decision to Choose Fed Chair — Reports Indicate Toss-up Between Powell and Brainard
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Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar
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Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed addressing climate change for the first time. A […]
The post Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’ appeared first on Bitcoin News.
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US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT
The U.S. central bank has been working on creating a digital dollar, according to a recently published transcript from Federal Reserve Board Governor Lael Brainard. On Thursday, she told participants attending “San Francisco’s Innovation Office Hours” webcast, that the Fed has been “collaborating with researchers at the Massachusetts Institute of Technology (MIT)” toward building a […]
The post US Federal Reserve Reveals Building a Digital Dollar Codebase With MIT appeared first on Bitcoin News.
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A Sea Change to Crypto Hits America, Again
A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised The Wave of a Central Bank Digital Currency Robert […]
The post A Sea Change to Crypto Hits America, Again appeared first on Bitcoin News.
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