Kavanaugh challenges Trump’s power to dismiss Federal Reserve Governor Cook
Supreme Court Highlights Tensions Over Federal Reserve Independence During oral arguments on Wednesday, Justice Brett Kavanaugh raised concerns that supporting President Donald Trump in the case involving Federal Reserve Governor Lisa Cook could jeopardize the independence of the Federal Reserve. Kavanaugh pressed Attorney General John Sauer, who represented the administration, about his stance that only […]
Supreme Court considers Trump’s authority to fire with input from Lisa Cook of the Federal Reserve
Supreme Court to Review Trump’s Attempt to Dismiss Federal Reserve President The Supreme Court is gearing up to review President Trump’s effort to fire Federal Reserve President Lisa Cook, a situation that’s attracting a lot of attention for its potential to reshape the relationship between the president and the central bank. Last fall, Trump’s legal […]
Steak ‘n Shake Increases Bitcoin Investment by $10 Million Alongside BTC ‘Strategic Reserve’
Simply put Restaurant chain Steak ‘n Shake has reported a $10 million increase in its Bitcoin exposure. The company has previously established a Bitcoin reserve, which encompasses all BTC payments made to its businesses. After beginning to accept Bitcoin payments last year, Steak ‘n Shake has attributed rising sales partly to this decision. American restaurant […]
Several States Join Texas in Starting Bitcoin Reserve Programs
Texas First State to Acquire Bitcoin for Treasury Texas has made headlines by becoming the first state in the U.S. to purchase Bitcoin for its public treasury, igniting what many experts refer to as a “primary race” among other states eager to embrace digital assets. This initiative is part of a growing trend where states […]
Expert suggests Trump’s policies reduce the importance of the Strategic Petroleum Reserve
Shift in the Role of the U.S. Strategic Petroleum Reserve The United States’ emergence as a significant oil producer has diminished the Strategic Petroleum Reserve’s (SPR) importance for national security and economic stability. This reflection comes amidst debates about President Joe Biden’s decision to draw down the reserve to its lowest modern levels, according to […]
Silver prices remain close to $90 following a drop on Friday as traders prepare for the Federal Reserve and the dollar.
Market Update on Silver Prices NEW YORK, January 18, 2026, 12:17 pm ET — Market Closed Spot silver finished at $89.65 an ounce on Friday, down 2.9% for the day but still showing a more than 12% increase for the week. The iShares Silver Trust (SLV) wrapped up the day at $81.02. Pan American Silver […]
Trump’s National Bitcoin Reserve is still being developed. Some states have already made progress with their own.
Trump’s Strategic Bitcoin Reserve Proposal During his campaign for the 2024 U.S. presidential election, Donald Trump hinted at a plan to establish a Strategic Bitcoin Reserve if he lost in 2020 but later secured a second term. He made this revelation at the Bitcoin 2024 conference in Nashville, Tennessee, where he expressed his vision of […]
Rick Rieder, a candidate for chairman of the Federal Reserve, talks with the Trump team.
Panelists Douglas Holtz-Eakin and Dan Clifton are set to discuss the economic situation and bank profits during Donald Trump’s presidency. In an exclusive conversation, Rick Rieder, a BlackRock executive, touched on key topics during his interview for the top position at the central bank, including the Federal Reserve’s profitability, according to a senior official. The […]
Trump supports DOJ investigation into Federal Reserve Chair Jerome Powell despite criticism
President Donald Trump recently argued that the support from conservatives is influencing the Justice Department’s investigation into Federal Reserve Chairman Jerome Powell, suggesting it appears to be politically motivated. In an interview with CBS News’ Tony Dokoupil, Trump was questioned about the scrutiny surrounding Powell, particularly regarding his congressional testimony last summer focused on costly […]
Federal Reserve overlooked questions regarding Powell’s testimony to Congress.
Federal Reserve Chairman Jerome Powell has reportedly “ignored” multiple requests from prosecutors, which led the Justice Department to employ “legal means” to gather information regarding his testimony to Congress regarding changes to the Federal Reserve system, according to U.S. Attorney Jeanine Pirro. Pirro, who is the leading federal prosecutor in Washington, D.C., downplayed alarming rumors […]