Key Events This Week: FOMC Minutes, PMIs, Industrial Data; WalMart And Home Depot Earnings

Senate Moves Major Crypto Regulation Bill Toward Vote Authored by Tom Gantert via The Epoch Times, Senate Majority Leader John Thune (R-S.D.) took a procedural step Saturday to bring the CLARITY Act to the Senate floor, setting up a vote on whether to consider the bill when lawmakers return from their August recess. The CLARITY Act would establish a federal regulatory framework for cryptocurrency and other digital assets, spelling out how the industry would be regulated and which federal agencies would have authority over different types of assets. The legislation would divide oversight...

Gunman Dead, Bystander Wounded After Large Shootout With Secret Service Near White House, Trump Safe After a very busy day in Washington and at the White House, given the Saturday flurry of diplomatic activity over the announcement of a tentative Iran peace deal, but which is still awaiting word and some details from Tehran, a deadly shooting erupted just outside the White House, resulting in a massive security and response and presence. President Trump was at the White House when at around 6pm ET the Secret Service responded in a hail...

'I See Dead People': Treasury Blocks $99 Million In Federal Payments To Deceased Americans The Treasury Department announced Tuesday morning that it has successfully implemented new safeguards to prevent government payments to dead people in an effort to reduce waste and fraud. The verification system includes screening 885 million federal payments against expanded death records, effectively auditing payments totaling nearly $2.7 trillion. It has already flagged and stopped payments totaling roughly $99 million that had been marked to be sent to dead people. "Treasury has delivered on a key promise of President Trump’s...