White House, Yellen Slam Fitch’s US Rating Downgrade — Biden Officials Call It ‘Bizarre and Baseless’

Fitch Ratings has downgraded the United States’ debt rating. Biden officials call the downgrade decision “bizarre and baseless.” Both the White House and U.S. Treasury Secretary Janet Yellen strongly disagreed…

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Senate Banking Committee holds hearing on crypto crash and protecting digital assets — 2/14/23

The Senate Banking Committee holds a hearing on crypto crash and why financial system safeguards are needed for digital assets. The witnesses testifying at the hearing include: Lee Reiners, policy…

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Senate Banking hearing on the downfall of cryptocurrency exchange FTX — 12/14/22

The Senate Banking Committee on Wednesday is holding a second day of hearings this week on the downfall of cryptocurrency exchange FTX, examining how the company’s implosion could impact the…

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