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Federal Reserve chair Jerome Powell said he believes the Treasury Department's critical payments system is safe, reassuring lawmakers concerned about Elon Musk's cost-cutting team gaining access ...
a crucial requirement for directly interacting with the Fed’s payment system. The move targets what many in the crypto ...
The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.
The top Democrats on congressional banking committees say the deal would inflict “serious harm” on consumers and the banking ...
Federal Reserve Governor Christopher Waller said on Friday that stablecoins are a good thing for the nation’s payment system, but he doubts the financial system can support a large number of ...
Operating and overseeing the country’s FedNow payment system ... Board of Governors of the Federal Reserve System. "The Fed Explained." ...
April 4 (Reuters) - Federal Reserve Governor Christopher Waller said on Friday that stablecoins are a good thing for the U.S. payments system, but he doubts the financial system can support a ...