Federal Reserve Chair Jerome Powell testified before the US Senate Banking Committee on Feb. 11, fielding questions on ...

Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make ...

By preventing the Federal Reserve from creating a digital dollar, the order risks setting the US further back in the fintech race. The US is now the first country to ban its central bank from ...

Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...

The dollar is climbing with T-note yields today after the hawkish US Jan payroll report reduced the chances to 8% from 16% for a Fed rate cut at next month’s FOMC meeting. Despite Jan nonfarm ...

Dollar-backed "stablecoins" will probably now become de facto digital dollars for the foreseeable ... including the New York Fed. Neither the NY Fed, the BIS or top U.S. commercial banks involved ...