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Warsh Faces Uphill Battle As FOMC Minutes Show Deeply-Divided Fed Against Easing Bias
Warsh Faces Uphill Battle As FOMC Minutes Show Deeply-Divided Fed Against Easing Bias
Tl;dr: FOMC Minutes confirm a deeply-divided Fed with a hawkish bias as "majority" saw hike likely warranted, "many" preferred removing easing bias.
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Since the last FOMC meeting (Powell's last), on April 29th, stocks and the dollar are up, bonds and gold are down and oil has swung violently in between...
Source: Bloomberg
Expectations for Fed action this year has surged hawkishly from a 20% chance of a single rate-cut to an almost 100% chance of a single rate-hike...
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European Official Warns That Americans Can Be Silenced By EU Online Speech Laws
European Official Warns That Americans Can Be Silenced By EU Online Speech Laws
Authored by Kevin Stocklin via The Epoch Times (emphasis ours),
Europeans who face criminal charges for what they said or wrote warned that Europe’s speech laws can silence Americans as well, regardless of the U.S. Constitution’s First Amendment protections.
Finnish Member of Parliament Paivi Rasanen arrives to attend a court session at the Helsinki District Court in Helsinki, Finland, on Jan. 24, 2022. Antti Aimo-Koivisto/Lehtikuva/AFP via Getty Images
While testifying before the House Judiciary Committee last week, Paivi Rasanen, a...
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Mar 13, 2026 / Tyler Durden
US Senate Votes To Include CBDC Ban In Bipartisan Housing Bill
US Senate Votes To Include CBDC Ban In Bipartisan Housing Bill
Authored by Vince Quill via CoinTelegraph.com,
The United States Senate voted on Thursday to include an amendment in the 21st Century Road to Housing Act that would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC).
The CBDC prohibition will remain in effect until Dec. 31, 2030, according to the amendment in the bill. The legislation, which passed 89-10, stated:
“The Board of Governors of the Federal Reserve System or a Federal Reserve Bank may not issue or create a central...
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