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3232Academic Paper Questions Federal Reserve Independence and Exposes Political Ties
https://www.digit.info/academic-paper-questions-federal-reserve-independence-and-exposes-political-ties/
Sat, 24 Aug 2024 20:46:25 +0000https://www.digit.info/academic-paper-questions-federal-reserve-independence-and-exposes-political-ties/Read more]]>Thomas Joseph Webster, Professor Emeritus of Economics at Pace University, challenges the long-held belief in the Federal Reserve’s political independence in his comprehensive report, “The Myth of Fed Political Independence.” Webster’s research scrutinizes the relationship between fiscal and monetary policies, arguing that the Federal Reserve operates more as a political tool than an independent entity. […]
]]>RFK Jr. Pledges to Ensure US Government Holds 4 Million Bitcoins as Strategic Reserve if Elected President
https://www.digit.info/rfk-jr-pledges-to-ensure-us-government-holds-4-million-bitcoins-as-strategic-reserve-if-elected-president/
Sat, 27 Jul 2024 17:01:07 +0000https://www.digit.info/rfk-jr-pledges-to-ensure-us-government-holds-4-million-bitcoins-as-strategic-reserve-if-elected-president/Read more]]>U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase 550 bitcoins daily until a strategic reserve of 4 million bitcoins is reached. He also pledged to […]
]]>Stabilizing the Banking System: Biden Reassures Public Amid First Republic Bank Collapse, but Warns of National Debt Default
https://www.digit.info/stabilizing-the-banking-system-biden-reassures-public-amid-first-republic-bank-collapse-but-warns-of-national-debt-default/
Mon, 01 May 2023 20:00:09 +0000https://www.digit.info/2023/05/01/stabilizing-the-banking-system-biden-reassures-public-amid-first-republic-bank-collapse-but-warns-of-national-debt-default/Read more]]>Amid the collapse of the second, third, and fourth largest banks in American history, U.S. president Joe Biden reassured the public that the country’s banking system remains sturdy. However, the president also acknowledged the “threat by the speaker of the House to default on the national debt.” Biden Expresses Confidence in American Banking System Despite […]
]]>US Banking Industry Still Struggling as First Republic Bank Shares Plummet by Over 30%
https://www.digit.info/us-banking-industry-still-struggling-as-first-republic-bank-shares-plummet-by-over-30/
Wed, 26 Apr 2023 19:05:01 +0000https://www.digit.info/2023/04/26/us-banking-industry-still-struggling-as-first-republic-bank-shares-plummet-by-over-30/Read more]]>In the midst of a tumultuous week, First Republic Bank is struggling to regain its footing in the financial world. Reports have surfaced that the bank is poised to enter government receivership due to a massive outflow of $100 billion in customer withdrawals last month. This has prompted investors to flee the bank, causing its […]
]]>UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents
https://www.digit.info/uk-treasury-budget-discusses-separate-reporting-of-crypto-assets-in-tax-documents/
Thu, 16 Mar 2023 02:49:56 +0000https://www.digit.info/2023/03/16/uk-treasury-budget-discusses-separate-reporting-of-crypto-assets-in-tax-documents/Read more]]>Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s […]