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3232US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’
https://www.digit.info/us-senator-calls-for-investigation-into-bank-failures-says-fed-chair-powell-bears-direct-responsibility/
Sun, 19 Mar 2023 23:30:24 +0000https://www.digit.info/2023/03/19/us-senator-calls-for-investigation-into-bank-failures-says-fed-chair-powell-bears-direct-responsibility/Read more]]>U.S. Senator Elizabeth Warren has called for a “thorough, independent investigation of the causes” that led to the failure of Silicon Valley Bank (SVB) and Signature Bank. She alleges that Federal Reserve Chairman Jerome Powell “bears direct responsibility” for regulatory and supervisory issues involving the two banks. Senator Elizabeth Warren Calls for Independent Investigation Into […]
]]>Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
https://www.digit.info/senator-elizabeth-warren-demands-answers-from-fidelity-for-allowing-bitcoin-in-retirement-plans/
Sat, 07 May 2022 00:30:06 +0000https://www.digit.info/2022/05/07/senator-elizabeth-warren-demands-answers-from-fidelity-for-allowing-bitcoin-in-retirement-plans/Read more]]>Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned that Fidelity would take these risks with millions of Americans’ retirement savings,” the lawmakers wrote. […]
]]>Senator Warren Urges Treasury Secretary Yellen to Urgently Adopt Policy to Mitigate Cryptocurrencies’ Risks
https://www.digit.info/senator-warren-urges-treasury-secretary-yellen-to-urgently-adopt-policy-to-mitigate-cryptocurrencies-risks/
Wed, 28 Jul 2021 00:30:09 +0000https://www.digit.info/2021/07/28/senator-warren-urges-treasury-secretary-yellen-to-urgently-adopt-policy-to-mitigate-cryptocurrencies-risks/Read more]]>U.S. Senator Elizabeth Warren has asked Treasury Secretary Janet Yellen to “act with urgency” and adopt an appropriate policy to address the risks posed by cryptocurrencies. “The longer that the United States waits to adapt the proper regulatory regime for these assets, the more likely they will become so intertwined in our financial system that […]