Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Tre...
U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and Means Committee, Republicans criticized Yellen for not knowing about the risks of inflation. A U.S. senator from Wyoming questioned the Treasury secretary’s “pronouncements and decisions” concerning the record gas prices and rising inflation. Yellen Claims Stimulus ‘Produced Excellent Rewards for Americans’ — Republican Senator Says....
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On the 6th January Janet Yellen was approved to become the chair of the Federal Reserve. The candidate offered and approved by president Obama and his administration received 56 votes from the senators, leaving the opposition with humble and not crucial 26. Most of her opponents are Republicans, but the Senate is controlled by the Democrats supporting the choice. The most dissatisfied proved to be the Senators from the state Texas - Ted Cruz and John Cornyn. Both have criticized Yellen back in October, when she first was named as a potential personality for the job. On the 9th October Sen.....
Negotiations over a new round of stimulus relief have dragged on for many months now. To make matters worse, both Democrats and Republicans have used the delay as a political ping pong to score points. But last week, House Speaker Nancy Pelosi indicated that she and Treasury Secretary Steven Mnuchin are close to agreeing on […]
Bitcoin posted modest gains on Thursday as Democratic leaders signaled to reach an agreement with Republicans to pass the second round of COVID-19 stimulus by year’s end. House Speaker Nanci Pelosi (D-Califonia) said on Wednesday that a new bipartisan $908 billion relief package should serve as the basis of their months of negotiations with White […]
Bitcoin is up 54% this year on speculation that trillion-dollar stimulus efforts by governments and central banks will lead to inflation.
CoinOutlet's ATMs will soon be inhabiting Pennsylvania. At 6:00 PM EST 11/14/14, Bitcoin ATM service Coin Outlet will officially open a Bitcoin ATM to the public at Four54 Grill in Lancaster, Pennsylvania. This is the first Bitcoin ATM in Pennsylvania. Coin Outlet CEO Eric Grill will be in attendance to showcase the new ATM and help people use it. Leigh Menkes, owner of Four54 Grill, pronounced that everyone should "come down to the best burger joint in town on Friday, and bring your Bitcoin wallet!" You can head out to the event tonight; it will be held at 6 PM EST at Four54 Grill, 454....