kevin mccarthy – DIGIT INFO

Crypto-friendly Patrick McHenry takes interim House Speaker position

DIGIT — Wed, 04 Oct 2023 04:00:07 +0000

Eight Republicans voted against Republican Representative McCarthy, making it the first time in U.S. history that the House Speaker has been ousted by Congress.

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Biden strikes ‘tenative’ U.S. debt ceiling deal: Report

DIGIT — Sun, 28 May 2023 01:25:25 +0000

According to a source familiar with the negioation there “might be one or two small things they need to finish.”

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Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit

DIGIT — Sun, 23 Apr 2023 18:00:32 +0000

There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations. It now appears that Republican […]

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Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

DIGIT — Sat, 14 Jan 2023 19:30:02 +0000

Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the […]

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230 Economists Warn the US Government’s Proposed Inflation Reduction Act Will Fuel Inflation

DIGIT — Fri, 05 Aug 2022 20:30:25 +0000

Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there’s a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the country’s House and Senate leaders warning that the proposed policies will actually fuel inflation. […]

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US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind

DIGIT — Sun, 18 Apr 2021 21:15:53 +0000

Congressman Kevin McCarthy has urged Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell not to ignore bitcoin like they have been trying to do. He believes it is the future, emphasizing, “I do not want America to fall behind” other countries. Government and the Fed Should Not Ignore Bitcoin GOP leader Kevin McCarthy […]

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