Tag: Domestic policy

  • Senate confirms Jerome Powell for a second term as head of the Federal Reserve

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  • TerraUSD Cryptocurrency Plunges as Investors Bail Out

    A sell-off in a cryptocurrency believed to be pegged to $1 accelerated on Wednesday, briefly sending its price below a quarter of that value. TerraUSD traded as low as 23 cents on Wednesday, according to data from CoinDesk. As of 2:43 p.m. ET, it had partially rebounded to around 68 cents in volatile trading.

  • Lisa Cook wins Senate confirmation at Federal Reserve

    The Senate voted to confirm Lisa Cook at the Federal Reserve, making her the first black woman to serve on the central bank’s board. Ms Cook was endorsed on Tuesday in a vote to the party line, 51-50, with Vice President Kamala Harris breaking the tie. Ms Cook is President Biden’s second Fed nominee to […]

  • Elon Musk says he would overturn Donald Trump’s Twitter ban

    Elon Musk said he would back down Twitter ban of former President Donald Trump. “I think it was wrong to ban Donald Trump. I think it was wrong because it alienated a lot of the country and ultimately didn’t stop Donald Trump from being heard,” he said. said Mr Musk, who was speaking virtually at […]

  • Tech industry warns that more remote work jobs are being headed out of the US

    WASHINGTONā€”Tech industry representatives are on Capitol Hill this week to warn that the trend towards remote working will lead to more offshoring of software developers and other tech jobs unless the United States admits more highly skilled immigrants. Remote tech jobs jumped more than 420% between January 2020 and last month, growth that has been […]