Chair Powell, Budget, And Crypto in Spotlight

  • White House increases pressure on Fed Chair Powell
  • President’s recission proposals faces Senate vote
  • U.S. House declares Crypto Week
The White House is increasing the pressure on the Federal Reserve Chair Jerome Powell to either cut rates at the July meeting or leave to make room for a chair who will lead efforts to cut rates. The next FOMC meeting is scheduled for July 29-30, and the recently released minutes from the June meeting indicated that there were some who wanted to consi...

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