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3232Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard
https://www.digit.info/georgia-rep-marjorie-taylor-greene-criticizes-fednow-project-pushes-for-return-to-gold-standard/
Thu, 06 Apr 2023 17:30:14 +0000https://www.digit.info/2023/04/06/georgia-rep-marjorie-taylor-greene-criticizes-fednow-project-pushes-for-return-to-gold-standard/Read more]]>On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital […]
]]>White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week
https://www.digit.info/white-house-says-biden-has-confidence-in-fed-chair-powell-while-fedwatch-tool-predicts-a-25bps-hike-this-week/
Tue, 21 Mar 2023 13:39:25 +0000https://www.digit.info/2023/03/21/white-house-says-biden-has-confidence-in-fed-chair-powell-while-fedwatch-tool-predicts-a-25bps-hike-this-week/Read more]]>With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve chair Jerome Powell. Meanwhile, according to the CME Group’s Fedwatch tool, the target rate probability suggests the Fed will raise the […]