Nancy Pelosi – DIGIT INFO

California AI bill under scrutiny by US policymakers

DIGIT — Mon, 19 Aug 2024 11:39:28 +0000

Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies.

Go to Source

Nancy Pelosi mulls supporting Republican’s FIT21 crypto bill: Report

DIGIT — Wed, 22 May 2024 04:48:02 +0000

The former House Speaker is reportedly considering support for the Republican crypto legislation, breaking from ranking Democrats.

Go to Source

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

DIGIT — Tue, 18 Apr 2023 22:19:55 +0000

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if the U.S. were to default […]

Go to Source

Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy

DIGIT — Tue, 24 Jan 2023 22:30:37 +0000

The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia sees it differently. The embassy castigated Yellen’s comments in […]

Go to Source

257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion

DIGIT — Thu, 27 Oct 2022 14:00:25 +0000

According to 257 economists polled by Reuters, the global economy is approaching a recession, but 70% of the survey’s participants believe the chances of a sharp rise in unemployment levels will be low. The poll follows the Biden administration and the U.S. Commerce Department issuing a package of trade restrictions against China’s relationship with the […]

Go to Source

Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’

DIGIT — Wed, 17 Aug 2022 17:30:09 +0000

While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry says that the economy’s gross domestic product (GDP) is estimated to drop by 4.2% this year and Russia’s inflation won’t be as elevated as […]

Go to Source

Ron Paul Insists US Economy’s ‘Collapse Will Come,’ Former Congressman Says Liquidation Is ‘Absolutely Necessary’

DIGIT — Tue, 16 Aug 2022 20:30:06 +0000

Just recently the American author, economist, and retired politician Ron Paul discussed the rising tensions between China and Taiwan during an interview and he talked about the U.S. economy as well. Paul insists that the U.S. economy’s “collapse will come,” and he further stressed that “debt has to be liquidated.” ‘End the Fed’ Evangelist Ron […]

Go to Source

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. […]

Go to Source

Bitcoin price battles $23.5K resistance amid relief over Pelosi Taiwan trip

DIGIT — Wed, 03 Aug 2022 16:10:17 +0000

A lack of immediate retaliation from China emboldens U.S. stocks as new research concludes that the market is becoming increasingly “risk-on.”

Go to Source

Bitcoin price clips $23K on Pelosi Taiwan visit as trading range persists

DIGIT — Tue, 02 Aug 2022 15:20:46 +0000

The status quo sees a challenge from U.S.-China tensions as key levels remain in play for bulls.

Go to Source