Jerome Powell has been confirmed by the U.S. Senate for a second four-year term as Federal Reserve Board (FRB) chair. The vote was 80-19 on could 12, 2022. Powell has been serving as acting chair sinc...
Tag: Chair
CFTC Chair Dispels Narrative That The Regulator Would Be Friendly To The Crypto Industry ⋆ ZyCrypto
Advertisement     The lack of regulatory clarity for crypto markets in the US has been a cause for concern for crypto industry participants, regulators, and lawmakers....
FSB Chair warns of risks posed by crypto to financial stability
Klass Knot, the Chairman of the Financial Stability Board (FSB), has issued a warning regarding the growing use of cryptocurrencies. Knot said that the cryptocurrency sector could cause notable harm t...
Senate Confirms Jerome Powell to Second Term as Fed Chair
Key Takeaways The Senate has approved Jerome Powell to serve another four-year term as Fed chairman. Congress mandates that the Federal Reserve maintain price stability and full employment. While noti...
Federal Reserve Chair Jerome Powell confirmed by Senate for a second term
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is raising ...
Senate Confirms Fed Chair Jerome Powell To Second Term As Inflation Spikes And Markets Collapse
Topline The Senate on Thursday confirmed President Joe Biden’s appointment of Jerome Powell to a second term as Federal Reserve Chair, solidifying the central bank’s top leadership as it raises ...
SEC Chair Warns Crypto Exchanges Working Against Users’ Interest
The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, reiterates his criticism of the blockchain industry, saying a few crypto exchanges may be working against the users’ in...
Crypto Exchanges ‘Trading Against Their Customers,’ Says SEC Chair Gensler
Securities and Exchange Commission chair Gary Gensler leveled sharp criticism at cryptocurrency exchanges and stablecoins during an interview on Tuesday. Gensler took issue with the fact that many of ...
SEC Chair Gary Gensler Says Crypto Exchanges Are Betting Against Their Own Clients: Report
U.S. Securities and Exchange Commission (SEC) chair Gary Gensler says the way crypto exchanges are structured could work to the disadvantage of users. In a new Bloomberg report, Gensler notes that, un...
SEC Chair Warned of Crypto Exchanges Working Against Their Clients’ Best Interests
Gary Gensler – Chairman of the US Securities and Exchange Commission – argued there are cryptocurrency exchanges that bypass rules and bet against their own clients. He reminded that most digital asse...
Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement – Coinotizia
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is ...
Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement – Regulation Bitcoin News
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is ...
US Senate confirms Lael Brainard as Fed vice chair
After weeks of delays due, in part, to partisan obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a member of the Federal Reserve’s board of governors, as ...
Senate Confirms Lael Brainard As Fed’s New Vice Chair. Here’s What We Know.
Topline The Senate on Tuesday confirmed President Joe Biden’s appointment of Federal Reserve Gov. Lael Brainard as the central bank’s vice chair, elevating one of the Fed’s most outspoken climat...
Fed Chair Powell Warns of 50 Basis-Point Hike, Recession Risks
Key Takeaways Chair Powell has indicated the FOMC’s increased willingness to raise interest rates more quickly, noting the possibility for a 50 basis-point hike. He also commented on how price s...
U.S. Pension Giant to Vote to Replace Buffett as Berkshire Chair
(Bloomberg) — California Public Employees’ Retirement System, the largest public pension fund in the U.S., said it plans to vote for a shareholder proposal that Berkshire Hathaway Inc. replace b...
Republican Policymakers Want SEC Chair to ‘Re-Propose’ Crypto Rules
Republican representatives Patrick McHenry and Bill Huizenga have expressed worry with the Securities and Exchange Commission (SEC) chair Gary Gensler in their latest public letter. Earlier in March, ...
Former Ripple Advisor Nominated To Serve As Vice Chair of U.S. Federal Reserve
US President Joe Biden is nominating Michael Barr, a former Ripple advisor, to serve as Vice Chair for Supervision of the Federal Reserve. During the Obama Administration, Barr worked as assistant sec...
S. Carolina Prisoner Chooses Firing Squad Over Electric Chair As He Challenges Law That Forces Death Row Inmates To Pick
Topline A South Carolina death row prisoner chose Friday to die by firing squad instead of an electric chair, after he was required by a new law to pick or the state would choose for him—but he questi...
President Biden announces former Ripple adviser as pick for Fed vice chair for supervision
Following the withdrawal of former Federal Reserve Board governor Sarah Bloom Raskin, United States President Joe Biden has announced his intention to nominate former Obama administration official and...
Former SEC Chair Clayton Slapped With Lawsuit Over Ripple
A class action lawsuit was filed against former SEC Chairman Jay Clayton and executive Bill Hinman over their alleged mismanagement of the Ripple (XRP) case. The lawsuit alleges the two violated fede...
SEC Chair, Gary Gensler, Wants More Protection for Retail Crypto Investors –
Gary Gensler needs more guidelines for crypto trades to safeguard customers The SEC and CFTC offices are both competing for control of crypto There is still no reasonable administrative structure in t...
SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regula...
SEC Chair Gary Gensler Says Crypto Industry Hype Reminds Him of Dot-Com Bubble, Urges Regulation
U.S. Securities and Exchange Commission (SEC) chair Gary Gensler says the current buzz surrounding crypto is reminiscent of the dot-com craze during the late nineties and early 2000s. In a new prepare...
SEC Chair Gary Gensler Speaks on Regulation for Stablecoins and Crypto
US regulators’ attention has been focusing on stablecoins for some time. The regulatory attention grew when the President’s Working Group on Financial Markets issued a report that called for the restr...
SEC chair invites CFTC to help regulate crypto exchanges
Crypto regulations in the US have lacked clarity and comprehensiveness. Cryptocurrency exchanges have had difficulty determining the coins to be listed and those not to be listed. The US Securities an...
SEC Chair Wants More Protection for Retail Crypto Investors
U.S. Securities and Exchange Commission Chair Gary Gensler has pushed for more efforts to regulate crypto exchanges in the name of consumer protection. Speaking at an event hosted by the University of...
SEC chair Gensler calls for more regulation on stablecoins and crypto firms’ custody, market-making arms
The Securities and Exchange Commission is considering new firewalls for custody and market-making businesses at crypto firms and pushing for more SEC oversight of stablecoins. During an April 4 speech...
House Committee Chair Proposes a bill to create a new digital currency “E-cash digital Dollar”
TL;DR Breakdown The chairman of the House Financial Services Committee’s fintech task force has introduced a bill to establish E-Cash digital currency. Under Lynch’s plan, no blockchain or internet co...
House Committee Chair Proposes Privacy-Preserving Digital Currency Bill
The chair of the House Committee on Financial Services’ Task Force on Financial Technology has introduced a bill to create a new type of digital currency. The Electronic Currency and Secure Hardware ...
Senate Finance Committee Chair probes “lack of safeguards” in crypto tax incentives
Democratic Senator Ron Wyden is digging into the activities of crypto companies that take advantage of tax breaks provided by the Opportunity Zone program. Senator Wyden’s main concern stems from the ...
U.S. Federal Reserve Chair Buttresses the Need for New Crypto Regulations – crypto.news
The United States Federal Reserve Chairman Jerome Powell has made it clear while speaking at a meeting organized by the Bank for International Settlements (BIS) on March 23, 2022, that innovative dig...