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The SEC chair is catching a lot of negitive attention from different sectors.
United States Treasury Secretary Janet Yellen recently told members of the U.S. Congress that while some countries are seeking to create alternatives to the greenback, no country, including China, can create a currency which replicates the dollar’s role in the global financial system. The U.S. Treasury secretary also claimed that it will not be easy
The post US Treasury Secretary: No Alternative Reserve Currency Can ‘Replicate’ Role Played by the Dollar appeared first on BTC Ethereum Crypto Currency Blog.
SEC chair Gary Gensler, also known as Wall Street’s top cop gained notoriety after pursuing 150 crypto-enforcement actions against some of the crypto industry’s biggest players. Last week, the US regulator took on CZ-led Binance and Coinbase striking the two firms with multiple charges including violations of securities laws. In response to that, one legislator […]
Warren Davidson, the Republican congressman who first introduced the legislation in mid-April, has filed the SEC Stabilization Act to remove Gary Gensler, the current chair of the U.S. Securities and Exchange Commission (SEC). Davidson insists the act aims to safeguard U.S. capital markets “from a tyrannical chairman.” Legislation Filed to Remove SEC Chair Gensler in [...]
The post Republican Congressman Seeks to Oust SEC Chair Gensler With SEC Stabilization Act appeared first on Crypto Breaking News.
United States Congressman Warren Davidson has introduced the “SEC Stabilization Act” into the House of Representatives, announced June 12. One of the bill’s main provisions is to fire Securities and Exchange Commission (SEC) chair Gary Gensler. Davidson said in a statement: “U.S. capital markets must be protected from a tyrannical Chairman, including the current one. [...]
The post Breaking: US lawmakers file ‘SEC Stabilization Act’ to fire Gary Gensler appeared first on Crypto Breaking News.
Warren Davidson, U.S. representative and part of the House Committee on Financial Services, has disregarded issuing a central bank digital currency (CBDC) in the country. Davidson explained that CBDCs corrupt money into a “tool for coercion” and detailed that there was no legal way of issuing such a currency without legislation. U.S. Representative Warren Davidson:
The post US Representative Warren Davidson: ‘CBDC Corrupts Money Into a Tool for Coercion’ appeared first on BTC Ethereum Crypto Currency Blog.
References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good.
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