New Zealand Dollar declines before RBNZ decision and Federal Reserve indications
The NZD/USD pair hovers around 0.5900, experiencing a decline of 0.40% as the US Dollar strengthens ahead of significant economic events. Despite the US Dollar Index (DXY) showing limited movement due to strong expectations of a possible Federal Reserve rate cut in September, it is likely to inch up to 98.20. All eyes are now […]
Jalen McMillan placed on injured reserve due to neck injury
The Tampa Bay Buccaneers will be without second-year wide receiver Jalen McMillan during the first half of the season due to a significant neck sprain sustained in the second week of preseason. While Teddy Bridgewater was directing the offense, McMillan attempted to catch a high pass but ended up taking a hard hit from a […]
Treasury chief Bessent considers 11 candidates for the Federal Reserve chair position
Slatestone Wealth Chief Market Strategist Kenny Polcari weighs in on how global matters are influencing the Kraman Countdown market. Treasury Secretary Scott Bessent announced on Tuesday that the Trump administration will start interviewing candidates for the chair of the Federal Reserve System after Labor Day. Bessent shared these details during an interview with CNBC’s ‘Squawk […]
US should use tariff surplus to support a Bitcoin strategic reserve
US Government’s Potential Bitcoin Acquisition Strategies Adam Livingston, who wrote Bitcoin Age and the Great Harvest, suggests that the US government could enhance its Bitcoin (BTC) holdings by utilizing the surplus generated from trade tariffs. This approach would involve channeling a portion of those tariff receipts into purchasing BTC. Livingston proposed that a part of […]
Federal Reserve Concludes Oversight Program for Banks’ Cryptocurrency Activities
Simply put The Federal Reserve has concluded its oversight program that monitored banks involved in cryptocurrency activities. US banks will now face less intensive scrutiny when offering services like crypto custody and Stablecoin management. This decision from the Fed arrives as the regulatory landscape in the US shifts, especially under Trump’s administration. The Federal Reserve […]
End the monarchy at the Federal Reserve
As attention turns to the leadership of the Federal Reserve, there have been some alarming concerns regarding the risk to the Fed’s supposed “independence.” The statements around this issue often overlook the essential need for democratic accountability and, notably, the U.S. Constitution. Students are taught that our Constitution establishes three branches of government: executive, legislative, […]
Number of Major Chainlink Bag Holders Increases as Oracle Company Establishes LINK Reserve
Simply put ChainLink announced the establishment of the Link Reserve on Thursday. The reserve is financed through profits made from both on-chain and off-chain services. In the first week of August, major holders acquired 0.67% of the token supply. The introduction of the ChainLink Reserve on Thursday comes as a response to the increasing number […]
Trump names Stephen Miran to the Fed Reserve Board after Kugler steps down.
Trump Appoints Stephen Milan to Federal Reserve President Donald Trump has named economist Stephen Milan to the Federal Reserve, filling a recent vacancy. Milan, who earned his doctorate in economics, previously served as the chairman of the Economic Advisory Council. He completed his bachelor’s degree in economics, philosophy, and mathematics at Boston University in 2005 […]
Trump Appoints America First Economist Stephen Miran to the Federal Reserve Board
Trump Appoints Stephen Milan to Federal Reserve Position President Donald Trump has selected Stephen Milan, the chairman of the White House Economic Advisors Council, to temporarily fill the Federal Reserve vacancy left by Gov. Adriana Coogler. Coogler’s term is set to run until January 31, 2026, but Trump has stated that Milan’s appointment is provisional […]
Trump names Stephen Miran as his choice for the Federal Reserve board amid rumors about Powell’s replacement.
Trump Appoints Economic Adviser to Federal Reserve In a recent move, President Trump appointed Dr. Stephen Miran, a key economic advisor, to fill a vacant seat on the Federal Reserve Board. This decision comes shortly after Chairman Jerome Powell faced pressure to resign or take action on interest rates amidst ongoing economic discussions. Trump announced, […]