Fed chair Kevin Warsh is going to assess the bank’s monetary policy before the House Financial Services Committee. The hearing is set for July 14, and only weeks remain till the meeting of the FOMC. Warsh will provide his first assessment of the Federal Reserve’s monetary policy before Congress during
Members of the House of Representatives voted with a clear majority to reverse IRS regulations that define crypto entities together with DeFi platforms as brokers. The latest IRS rule required all crypto entities to gather tax information from their users before the Biden administration left office. The Congress gained a
Five days prior to Treasury’s deadline, the US House of Representatives overwhelmingly voted on Wednesday to boost the federal debt ceiling. With the majority of Democrats and Republicans voting in favor, the U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt limit. Also, the bill would
