Tag: Government agencies

  • 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 […]