WASHINGTON, DC – MARCH 15: Sen. Joe Manchin (D-WV) (L) talks with Senate Majority Leader Charles … [+] Schumer (D-NY) before the ceremony where U.S. President Joe Biden signed the “Consoli...
Tag: Federal
New Lawsuit Would Overturn EPA Advisories Seen As Precursor To More State & Federal Regulation
Environmental Protection Agency Headquarters in Washington, D.C. getty In June the Environmental Protection Agency (EPA) released four new drinking water health advisories related to PFAS contaminatio...
Chainalysis Partner With Federal Investigators To Help Fight Crimes In Crypto
Blockchain analytics firm Chainalysis says it will be taking advantage of its software and data tools to assist federal investigators to clamp down on fraudulent cryptocurrency deals. This comes after...
Crypto company failures not covered by federal insurance, FDIC says
Federal Deposit Insurance Corporation (FDIC) protection does not apply to crypto company failures, according to a new fact sheet released by the agency on Friday. “Some crypto companies have misrepres...
Biden Nominates Abortion Rights Lawyer To Federal Court
Topline President Joe Biden is nominating attorney Julie Rikelman to be a federal appeals court judge after she challenged abortion restrictions at the Supreme Court in the case that led to Roe v. Wad...
Fed Board, FDIC Order Voyager Digital to Retract Federal Deposit Insurance Claims – Regulation Bitcoin News
Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter ...
Don’t Let Federal Government Enforce State Abortion Bans
Topline Attorneys from 15 major cities and localities—including New York and Chicago—urged the Biden Administration on Thursday to ensure federal agencies won’t help enforce state-level abortion bans,...
Ethereum Pumps 16% amid US Federal Funds Rate Hike
During the late US session, Ethereum pumps 16% amid an interest rate hike from the US Federal Reserve. Ethereum’s early-day downward rally has been halted, gaining some modest bullish traction near $1...
Bitcoin fluctuates as Federal Reserve raises key interest rate by 75 basis points
The US Federal Reserve has raised the US federal funds rate to 2.5%, an increase of 75 basis points. Wednesday’s decision was largely expected, with the market pricing in a rise of 75 basis points ah...
Federal Reserve Increases Interest Rates Again, This Time by 0.75%
The United States Federal Reserve has raised interest rates again to fight inflation. The 0.75% point hike takes the borrowing rate to 2.25–2.50%. The United States Federal Reserve has once again rais...
Steve Forbes Roasts Federal Reserve
In the name of fighting inflation, the Federal Reserve is raising interest rates again. As this episode of What’s Ahead points out, our central bank is suffering from amnesia. It’s applying the same a...
U.S Federal Reserve Raises Interest Rates by 75 Basis Points
53 mins ago | 2 mins read Bitcoin News Consumers and companies are likely to reduce their borrowing and spending. The central bank had predicted an interest rate increase of 100 basis points. Second t...
Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point
“Recent indicators of spending and production have softened,” said a statement by the Federal Open Market Committee (FOMC), a group of 12 Fed officials who set the Fed’s monetary policy. &...
Federal Reserve Hikes Interest Rates with a 75-Bp Increase, Bitcoin Remains Bearish
The US Federal Reserve on Wednesday announced a 0.75 percentage point interest rate increase as part of efforts to clamp down rising inflation without creating a recession. The latest interest rate ri...
Federal Reserve ‘Might’ Do Another Huge Rate Hike, But Powell Sparks Dow Jones Rally
The Federal Reserve delivered a 75-basis-point rate hike for the second straight meeting, and chair Jerome Powell indicated a third such hike “could be appropriate” in September. Still, th...
Federal Reserve announces 75bps rate hike; Bitcoin up 3% following the news
The Federal Reserve, chaired by Jerome Powell, has announced that it will raise interest rates in the U.S. by 75 basis points. The increase matched the market consensus, which some analysts deemed to ...
Federal Reserve to raise rates again at 2 pm ET
The Federal Reserve on Wednesday raised interest rates by 0.75% as the central bank attempts to avoid a deep recession. The decision to move by 0.75% matched the magnitude of the Fed’s last move in Ju...
How portfolios are shifting as the Federal Reserve hikes rates again
The Good Brigade | DigitalVision | Getty Images Here’s how portfolio allocations have shifted “We’re attempting to address both inflation and recession concerns,” said certifie...
How the Federal Reserve fights inflation through interest rate hikes
Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy. A chorus of anal...
Federal Reserve officials expected to hike interest rate
Investors and economists are bracing for another interest rate hike this week as central bank officials gather in Washington for their July meeting. Their two-day gathering July 26 and 27 comes as the...
Ford Bronco Engine-Failure Reports Spur Federal Safety Investigation
The top U.S. auto-safety regulator is opening an investigation into reported catastrophic engine failures with some Ford Bronco vehicles, yet another setback in the auto maker’s efforts to improve its...
Main Street businesses land record $154 billion in federal contracts
The federal government awarded $154.2 billion to small businesses in fiscal year 2021, an $8 billion increase from the previous fiscal year, according to data from the Small Business Administration re...
ETH Drops Below $1,400 Support, BTC Hits $21,000 Prior to Federal Reserve Meeting – Market Updates Bitcoin News
Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for yet...
Vince McMahon WWE hush payments are under federal investigation
WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images The Securities and Exchange Commission and federal pr...
Coinbase Faces SEC Investigation As Federal Agency Accuses Exchange Of Trading Tokens Deemed As Securities
– Advertisement – SEC Accuses Coinbase Allowing People To Trade Tokens Deemed As Securities – Will There Be A Lawsuit? Bloomberg reports that the popular crypto exchange, Coinbase, is fa...
4 things to watch at this week’s Federal Reserve decision
The week ahead is marked by one of the summer’s most important monetary policy decisions. After last week’s surprise decision by the European Central Bank to raise the rates by 50bp instead of 25bp, i...
FTX’s Sam Bankman-Fried Urges ‘Federal Oversight of Crypto’
Since the United States Securities and Exchange Commission (SEC) published a memo christening as many as nine different tokens listed on Coinbase Global Inc as securities, the entire industry has seen...
First Amendment Protects The Right To Film Cops, Federal Court Reaffirms
Filming police officers at work is a right guaranteed by the First Amendment, the Tenth Circuit U.S. Court of Appeals declared in a ruling on July 11. Not only is the decision a win for free speech, i...
FTX’s SBF Seeks Federal Oversight On Crypto After Coinbase Incident
The U.S. Securities and Exchange Commission (SEC) has been a target of many crypto leaders and experts over its consideration of the nature of a “Token”. However, FTX Chief, Sam Bankman-Fried also exp...
The Federal Reserve’s inflation fight and the U.S. housing market
The Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars. Then came record inflation, which drove the price of everything...
Weekend reads: Prepare for a big week — a crucial Federal Reserve decision, tech-company earnings and a GDP report
It was mostly a week for stocks, particularly a rebound in the tech-heavy Nasdaq Composite Index, as companies topped expectations on second-quarter earnings. The coming week brings a heavy dose of t...