U.S. Rep. Hill said Trump should cooperate with Congress on the issue of bitcoin reserves.
Berkshire Hathaway A's full-year revenue in 2024 is $371.433 billion, compared to $364.482 billion in the same period last year, and the market expectation is $371.953 billion. Berkshire Hathaway A's full-year net profit in 2024 is $88.995 billion, compared to $96.223 billion in the same period last year, and the market expectation is $60.706 billion.
The fair value of Berkshire Hathaway A's fixed income securities investments as of the end of 2024 is $15.214 billion, of which the fair value of investments in U.S. bonds, foreign bonds, and corporate bonds is $4.447 billion, $9.443 billion, and $1.324 billion, respectively.
On February 15th, Hillhouse's independent fund management platform HHLR Advisors, which focuses on secondary market investment, released data on US stock holdings as of the end of the fourth quarter of 2024. The data shows that eight of the top ten positions of HHLR Advisors in the fourth quarter were Chinese stocks. BeiGene and Alibaba remain the top two major stocks, in addition to Pinduoduo, NetEase, Shell, Vipshop, Legendary Bio and Futu Holdings. Of the four new stocks purchased in the four...
February 15th news, Berkshire Hathaway announced the fourth quarter 13F document, the fourth quarter of the long position Constellation Brands Inc., holdings of Western oil (OXY. N), Domino's pizza, etc. Among them, Citigroup (C. N) shares in four seasons slashed by more than 70%, to the end of the fourth quarter, the number of holdings fell by 73.5%, from 1.3% to 0.39% in the position, the value of the position decreased by $2.86 billion. Fourth quarter Bank of America (BAC. N) holdings decreas...
U.S. Representatives French Hill and Brian Steele have released a discussion draft of a bill that would establish a regulatory framework for U.S. dollar-pegged payment stablecoins. The legislation would impose a two-year ban on the issuance of "endogenous collateralised stablecoins", meaning issuers would be prohibited from creating stablecoins backed by self-issued digital assets. In addition, it would require the US Treasury to promote research on stablecoins. Before the draft bill was release...
The chairperson of the U.S. House Financial Services Committee, FrenchHill, said that both houses of Congress will establish a cryptocurrency working group.
The U.S. Office of Personnel Management (OPM) said it had no intention of shutting down government websites, calling reports of the claims "false rumors," according to The Hill. According to a spokesperson for the office, the Office of Personnel Management issued guidance to agencies to remove content related to gender ideology from their websites by 5 p.m. on the 31st, but will not shut down government websites that fail to comply with the requirements.
The White House said Travis Hill serves as acting chairperson of the board of directors of the Federal Deposit Insurance Corporation.
Phillip Chen, a Republican member of the California House of Representatives, will draft a bill to support bitcoin, and Phillip Chen's office has appointed Proof of Workforce to oversee various bitcoin-related initiatives and assist in drafting formal bills for the upcoming legislative session. It is reported that Workforce Proof is a non-profit organization based in Santa Monica, California, that aims to assist workers, unions, pensions, and municipalities with education-based bitcoin adoption.
According to The Hill, US President Joe Biden is preparing to leave the White House in a low-key manner. His public appearances after the election attracted little media attention. On the contrary, Trump was already in office even before his second inauguration.