January 19 news, market news, Musk said that he is "considering" restoring Vine short video service.
According to the Washington Post, Trump has been considering how to save the TikTok, discussing it through unconventional deals and legal means. According to two people familiar with the matter, Trump is considering issuing an executive order after taking office to suspend the implementation of TikTok "sell it or ban it" bill for 60 to 90 days. Trump in TikT...
A White House spokesperson said President Joe Biden is considering more pardons and commutations.
On December 19, Foreign Ministry Spokesperson Lin Jian presided over a regular press conference. Reuters reporter asked that according to the Wall Street Journal, the US government is considering a ban based on national security, targeting a Chinese router manufacturer. What is the Ministry of Foreign Affairs' comment on this move? Lin Jian said that we have always opposed the US to generalize the concept of national security and take discriminatory measures against enterprises in specific count...
On December 13, according to a report in the Wall Street Journal, people familiar with the matter said that Trump's advisers and officials from his newly formed Department of Government Effectiveness have asked him whether he can abolish the Federal Deposit Insurance Corporation. Some of them said that advisers have also asked nominees who are considering positions at the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency (OCC) whether they can merge the depo...
On November 28, two people familiar with the matter told CNN that in recent days, Trump's national security adviser candidate, Mike Waltz, has been weighing several proposals to end the Russian-Ukrainian conflict. While the specifics of the strategy are still being worked out, Trump officials may push for a ceasefire as early as possible in order to temporarily freeze the conflict while the two sides negotiate. The first is Kellogg's proposal that continued military assistance to Ukraine be cond...
1. The Federal Reserve considers re-consolidating the overnight reverse repurchase rate to the base rate floor. 2. Fed megaphone: The Federal Reserve meeting notes hinted that if inflation stagnates, interest rate cuts will become cautious. 3. The new limit of local government special project debt will be adjusted to 9.90 trillion yuan in 2024. 4. Many places disclosed the special project bond issuance plan, and a new round of debt replacement started quickly. 5. Anta Sports plans to buy back 1 ...
On November 27th, according to the Federal Reserve's meeting notes, the staff also briefed the committee on two considerations regarding the management of the balance sheet in the near future. The first consideration focused on the possibility of a technical adjustment to the overnight reverse repurchase agreement offer rate, and the staff reviewed the development of the use of the overnight reverse repurchase agreement instrument. The staff noted that a five basis point reduction in the overnig...
On November 21st, according to people familiar with the matter, the Trump team is discussing with the digital asset industry whether to create a new position in the White House dedicated to cryptocurrency policy. The Trump team is reviewing candidates for the role. If the new position is indeed created, it will be the first position in the White House ever dedicated to cryptocurrencies. Discussions about the position include leading a small team and serving as a liaison between Congress, the Whi...
According to Bloomberg, the Trump team is considering establishing the first cryptocurrency-related position in the White House. According to people familiar with the transition, the Trump team is in discussions with the digital asset industry about creating a new White House position dedicated to cryptocurrency policy, and the Trump team is vetting candidates for the position. If created, it would be the first White House position dedicated to cryptocurrency and would highlight the emerging ind...
According to sources, the Trump team is considering Teresa Goody Guillén, a partner at law firm Baker Hostetler and co-head of its blockchain team, as one of several candidates to be the next SEC chair. Goody Guillén is a seasoned securities lawyer with experience serving the SEC and representing blockchain companies and traditional businesses against the agency. According to sources, Trump is seeking a pro-cryptocurrency investor.
"Another rate cut in December is clearly under consideration, but not yet finalized," Collins said. "There is no sign of price pressure at this time. More data will be released before December, and we will have to continue to evaluate reasonable interpretations."
Fed Kashkari says it could take one to two years for inflation to fall to 2 percent, given the dynamics of the housing market; doesn't want to declare victory on inflation, but there are good reasons to be confident. A strong labor market is "encouraging" and the economy looks strong. If inflation picks up unexpectedly before December, that could put the Fed on hold. In a higher productivity environment, a higher neutral rate means the Fed has less room to cut rates. The Fed stops...
According to Bloomberg, Japan has been considering whether to follow an overseas move and allow ETFs to invest in cryptocurrencies, which has attracted the attention of mainstream Japanese institutions. Some Japanese companies have said that the discussion should focus on major tokens such as bitcoin and ether, including major trust banks such as Mitsubishi UFJ and Sumitomo Mitsui, cryptocurrency exchanges such as bitFlyer, and brokers such as Nomura Securities and SBI Securities.
MakerDAO is considering dropping the Sky brand after rebranding and the successful launch of the USDS stablecoin. The USDS stablecoin was launched in August and was designed to provide native token rewards and run alongside the existing DAI synthetic stablecoin, which remains unchanged. On-chain data shows that it has a supply of $1.20 billion and a savings rate of 6.5%. Community members generally consider this launch a success. Sky co-founder Rune Chris...