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Tag: U.S. Treasury Secretary

US Dollar’s Importance Declining in International Transactions and as Reserve Currency, Economist Says

A Canadian economist and professor at the University of British Columbia says the role of the U.S. dollar in international trade and as a...

G7 Nations Discuss Countering China’s ‘Economic Coercion’

The Group of Seven (G7) countries are discussing ways to counter China’s “economic coercion” against other nations, U.S. Treasury Secretary Janet Yellen has shared....

IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations

The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on...

SEC Chair Warns US Default Would Have ‘Significant’ and ‘Lasting Effects’ on Investors, Markets

Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that the U.S. Treasury defaulting on its debt obligations “would have very significant,...

Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia

The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a...

Louisiana Senator Compares Modern Banks to ‘Sophisticated Ponzi Schemes’

Louisiana Republican senator John Kennedy recently stated in an interview published on Wednesday that the U.S. Federal Reserve may need to increase the...

Bitcoin, Ether gain most among top 10 cryptos; U.S. stock futures mixed ahead of Fed’s rate decision 

Bitcoin and Ether were the biggest gainers in Wednesday trade in Asia, while all other top 10 non-stablecoin cryptocurrencies traded mixed. Asian equity markets...

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1 – Economics Bitcoin News

U.S. Treasury Secretary Janet Yellen has warned that the Treasury will be unable to pay the entire authorities’s debt “as early as June 1,...

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

U.S. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early...

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a...

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’ – Economics Bitcoin News

Russian Foreign Minister Sergey Lavrov has spoken on the present shift to nationwide currencies and the de-dollarization worldwide markets are presently experiencing. In a...

Cameron Winklevoss Claims Regulatory Double Standards Over Banking Crisis

Cameron Winklevoss, co-founder, and CEO of New York-based cryptocurrency exchange Gemini, has accused US regulators of applying double standards in dealing...

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