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The Senator was speaking during the discussion of a recently introduced bill that would allow the President to appoint the Federal Reserve Inspector General. Cynthia Lummis Rips Federal Reserve Over Lack of Transparency Wyoming Senator Cynthia Lummis, also known as the “Crypto Queen,” delivered a blistering rebuke of the U.S. Federal Reserve on Friday, calling … Read more
U.S. monetary policy faces a tightening vise as any future Fed chair inherits a broken system shackled by ballooning debt, political dysfunction, and unsustainable inflationary pressure. Ron Paul Warns Any New Fed Chair Will Be Trapped by Political, Fiscal Limits Former U.S. congressman and well-known advocate for liberty Ron Paul argued in his weekly column … Read more
The central bank published its official interest rate decision on Wednesday afternoon after a two-day meeting to deliberate U.S. monetary policy. Split at the Fed: Powell Holds, Colleagues Push Back The U.S. Federal Reserve has decided to hold rates at the 4.25-4.50% level, according to the central bank’s official statement published on Wednesday afternoon. But … Read more
The request to make Federal Open Market Committee (FOMC) meetings open to the public was made via a dubious lawsuit filed by James Fishback’s Azoria Capital. Fed’s Closed-Door Policy Upheld as Judge Blocks Public Access Request In a strange turn of events, U.S. Federal Reserve Chairman Jerome Powell found himself at the center of a … Read more
After describing U.S. Federal Reserve Chairman Jerome Powell as “a good public servant,” Bessent reiterated his call for a full internal review of the central bank’s operations. Should the Fed Face a Full Audit? Bessent Thinks So Treasury Secretary Scott Bessent says the U.S. Federal Reserve is spiraling out of control and needs a full … Read more
Wyoming’s Republican Senator has criticized the U.S. Federal Reserve Bank over its role in Operation Choke Point 2.0, and now she’s calling for the Fed Chairman to step down. Lummis Ramps Up Pressure, Calls for Powell’s Resignation Fed Chair Jerome Powell has had a rough year. He has been taunted by the president, accused of … Read more
The New York Times reports that U.S. President Donald Trump drafted a letter firing Federal Reserve Chair Jerome Powell and showed it to House Republicans during an Oval Office meeting Tuesday night, polling them on whether he should proceed. Trump confirmed Wednesday he discussed firing Powell with lawmakers, saying most advised him to do it, … Read more
U.S. President Donald Trump is still fuming over Federal Reserve Chair Jerome Powell’s refusal to trim interest rates. Taking to Truth Social on Tuesday, Trump declared the Fed needs to slash rates in a big way—and made it crystal clear he’s not letting up. ‘Too Late’ Powell Blasted by Trump Over Trillion-Dollar Interest Rate ‘Mistake’ … Read more
U.S. regulators just cleared a critical path for banks to offer crypto asset safekeeping, signaling new momentum for compliant, risk-managed institutional entry into digital finance. US Banking Regulators Issue Joint Statement on Crypto A renewed regulatory focus is opening the door for banks to engage with crypto asset safekeeping, provided they meet established risk standards … Read more
While both equities and bitcoin have climbed to record highs, expectations for a July rate cut from the U.S. Federal Reserve remain dim. As of now—20 days ahead of the Federal Open Market Committee (FOMC) meeting—the odds of no rate change sit at a hefty 93.3%. Fed Freeze: 93% Say No July Cut as September … Read more