President Joe Biden has unveiled a long-awaited reform proposal for the U.S. Supreme Court, calling on Congress to enact term limits and enforceable ethics rules for the court's nine justices.
SanyaForeign crypto asset exchanges like Binance, OKX and Deribit could see their market share squeezed as their U.S. counterparts thrive during Trump’s term.
JinseFinanceNarendra Modi's reappointment of Nirmala Sitharaman as finance minister sparks mixed reactions. India's crypto community remains optimistic despite high taxes and regulatory challenges.
SanyaThe Fed’s monetary policy is not helping to reduce inflation. It is driving up the cost of home and auto insurance — two of the main drivers of inflation — threatening the health of the economy and threatening to cause a recession that would force tens of thousands of American workers out of work.
JinseFinancePowell emphasizes economic factors over politics in rate decisions. Balance sheet reduction aims for stability. No stagflation concerns. Market rallies on rate hike unlikelihood. Bitcoin dips 4.6% on Powell's remarks. Analysts note central bank influence on asset prices.
Huang BoAs Putin contemplates a sixth term, economic challenges abound. From managing the prolonged Ukraine conflict to reshaping foreign alliances and addressing domestic issues, navigating these complexities will define his leadership.
BerniceThe Federal Reserve chair said that payment stablecoins are money, and that the central bank should play a role in approving their issuance in the U.S. A top House Democrat sounded skeptical of the current draft bill to create a comprehensive framework for stablecoins.
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Coinlive But he cautioned that monetary policy is likely to stay restrictive for some time until real signs of progress emerge on inflation.
OthersIn a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member until 2028.
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