spending

Trump, Harris Plans Would Add $10,600,000,000,000 To US National Debt: Nonpartisan Think Tank Forecast

October 8, 2024 The Daily Hodl

campaign

Former President Donald Trump and Vice President Kamala Harris’ campaign promises would add trillions of dollars to the national debt, according to a new study from a nonpartisan think tank. Trump’s agenda is significantly more expensive, says the Committee for a Responsible Federal Budget (CRFB). The CRFB says Trump’s tax and spending plans would likely increase […]

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SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Elon Musk Warns US Laws and Regulations Will Worsen Every Year Without Major Reform

September 13, 2024 Bitcoin.com

Bankruptcy

Tesla and Spacex CEO Elon Musk has warned that without substantial government reform, laws and regulations will worsen annually, potentially stifling major initiatives. He has reiterated his call for significant U.S. government changes and agreed to help former President Donald Trump lead a new government efficiency commission, an idea he proposed. Musk believes reducing wasteful […]

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SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Elon Musk Can’t Wait to Reform US Government Spending and Regulations

September 4, 2024 Bitcoin.com

audit

Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for a role in auditing federal agencies. Musk emphasized the need to reduce wasteful spending to curb inflation and proposed forming a “government efficiency commission” to […]

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SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Elon Musk Offers to Assist Donald Trump Boost Government Efficiency

August 13, 2024 Bitcoin.com

bitcoin.com

Tesla and Spacex CEO Elon Musk has offered to assist former U.S. President Donald Trump in managing government spending if Trump is re-elected, proposing the creation of a government efficiency commission. Trump endorsed the idea, praising Musk as “the greatest cutter” and suggesting he would be a great leader for such a commission. Trump and […]

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SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Jamie Dimon Says US Recession Still on the Horizon as JPMorgan Increases Forecast

August 10, 2024 Bitcoin.com

bitcoin.com

JPMorgan Chase CEO Jamie Dimon reiterated his belief that a recession remains the most likely outcome for the U.S. economy. Dimon pointed to various uncertainties such as geopolitics, housing, and spending. Meanwhile, JPMorgan has raised the likelihood of a U.S. recession this year. Jamie Dimon Maintains Recession Likely for US Economy JPMorgan Chase CEO Jamie […]

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SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025

March 22, 2023 Bitcoin.com

Asset Purchases

Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed Raises Rate Despite Calamity in the U.S. Banking Sector It’s been […]

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SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

January 14, 2023 Bitcoin.com

Americans

Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the […]

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SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says

October 14, 2022 Bitcoin.com

bitcoin.com

Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants now accept the digital yuan in 15 Chinese regions as Beijing continues to expand the pilot areas. People’s Bank of China Reports 360 Million Digital […]

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SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion

October 5, 2022 Bitcoin.com

$31 Trillion

A recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt surpassed $31 trillion on October 4, as the country’s growing debt continues to rise […]

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SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF

Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down

June 20, 2022 Bitcoin.com

2%

Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years, inflation “will be moving down.” A 2% […]

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SEC authorizes NYSE to trade Bitwise’s hybrid Bitcoin-Ethereum ETF