News with the tag "Janet Yellen"

Chinese state-sponsored hackers have breached hundreds of devices at the US Treasury Department, according to a new report. The attackers accessed 400 laptop and desktop computers at the department including Treasury Secretary Janet Yellen’s computer, reports Bloomberg, citing two people familiar wi...

Tesla CEO Elon Musk, who will be leading the Department of Government Efficiency (DOGE) in the Donald Trump administration, has taken a fresh Bitcoin jibe at US Treasury Secretary Janet Yellen over the recent incident of a Chinese hack. His comments come as the investigation proceeds into the allege...

Bitcoin sweeps new 2025 lows as Treasury yields rise, and the strengthening US dollar Index forces crypto analysts to revise their short-term price expectations.

Treasury Secretary Janet Yellen is urging Congress to act as the debt ceiling deadline approaches. In a letter to Speaker of the House Mike Johnson, Yellen says the government will likely reach its debt limit sometime in January, largely because of obligations related to Medicare payments – forcing ...

David Marcus , former chief of now-defunct Facebook Libra stablecoin project , has openly revealed how the Biden administration killed the project despite passing all regulatory checks. In his detailed post “ How Libra Was Killed “, Marcus provides a complete overview of the political slugfest. He a...

A handful of Democratic US Representatives are grilling Treasury Secretary Janet Yellen on the continued accessibility of Tornado Cash, an Ethereum (ETH)-based coin mixing system that helps users conceal their digital assets. The US sanctioned the controversial project in 2022 for national security ...

The Treasury Department sign fell sharply as Treasury Secretary Janet Yellen faced a tough question about the U.S. dollar’s reserve currency status being at risk. Treasury Sign Drops — Yellen Steadies Herself and Defends US Dollar’s Reserve Currency Status U.S. Treasury Secretary Janet Yellen discus...

BRICS founding members Russia and China are reportedly looking to build deeper economic relations. At the 16th BRICS summit, Russian President Vladimir Putin and Chinese leader Xi Jinping engaged in talks to bolster trade partnerships in an effort to create a “fair world order,” reports the South Ch...

Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership, including Vice President Kamala Harris, Treasury Secretary Janet Yellen, and Fed Chairman Jerome Powell, calling them “3-Stooges.” Kiyosaki advised his followers to invest i...

Bitmex co-founder Arthur Hayes predicts bitcoin will reach $100K by late 2024 and could hit $1 million by 2025. He attributes this to U.S. Treasury liquidity injections and anticipates a “glorious” crypto bull market in 2025. Hayes has outlined various factors driving explosive growth in bitcoin and...