Cost Of Living Dominates Many Nations' Biggest Worries

Watch Live: Kevin Warsh Faces Democratic Fire In Contentious Senate Confirmation Hearing For Fed Chair President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, is scheduled to appear before the Senate Banking Committee today at 10:00 a.m. ET for his confirmation hearing - his first public test in the high-stakes process to become the next chair of the central bank. The hearing, set to take place in the Dirksen Senate Office Building Room 538 in a hybrid open session, comes less than a month before current Chair Jerome Powell’s term...

New Hampshire Kills Historic $100M Bitcoin Bond Proposal New Hampshire's Executive Council narrowly rejected a proposal Wednesday that would have authorized a $100 million Bitcoin-backed bond, ending what supporters hoped would make the state a pioneer in digital asset finance, according to Bitcoin Magazine. The measure failed in a 3-2 vote after reaching its final approval stage, despite receiving a favorable rating review from Moody's and backing from Governor Kelly Ayotte and the New Hampshire Business Finance Authority. Had it moved forward, officials said it would have been the first municipal...

Murphy: "If The Dollar Starts Sinking, It's Gonna Be Fast" Last night’s debate on “Deficits, War, and Markets”  brought together Bob Murphy of the Mises Institute and Bard College professor Randall Wray for a clash between Austrian and MMT worldviews, moderated by the “Macro Tourist” Kevin Muir.  Exploding U.S. deficits, the Fed’s policy path, the geopolitical shock of the Iran war, what it means for stocks, a potential bond market snap to calls for another financial crisis… we covered a lot of ground and here were some highlights for those short...