Newly released documents from inside the US government confirm the existence of high-level legal discussions on whether the Treasury Department can and should create a trillion-dollar platinum coin. The idea for such a coin has been floated in various circles for years as a way to give the US additional funds without having to borrow […]
The post $1,000,000,000,000 Platinum Coin To Avoid Default Discussed at ‘Highest Levels’ of US Government: Report appeared first on The Daily Hodl.
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar and pay down national debt, aiming to position the U.S. as a global leader in financial innovation. Senators […]
US Treasury Secretary Janet Yellen says America’s foreign policy is pushing countries to find alternatives to the US dollar. In new testimony before the House Financial Services Committee, Yellen says America’s increasing use of sanctions to freeze assets of sovereign nations drives countries away from the world’s reserve currency. “In the realm of sanctions, we […]
The post US Treasury Secretary Issues $34,000,000,000,000 Alert, Warns Countries Seeking Transactions That ‘Don’t Involve the Dollar’ appeared first on The Daily Hodl.
The US national debt is rising at a blistering pace. New data from the Treasury Department shows the nation’s outstanding debt jumped from $33.990 trillion on January 2nd of this year to $34.866 trillion on July 2nd. That’s an increase of over $876 billion in a matter of six months. The US government’s surging debt […]
The post US Debt Explodes $876,000,000,000 in Six Months As Ex-CIA Director Says America’s Balance Sheet Is National Security Threat appeared first on The Daily Hodl.
The U.S. just added $215.65 billion to the national debt in a span of only 30 days. According to new data from the U.S. Treasury, the national debt rose from $34,534,845,450,747 on May 15th to $34,750,498,829,987 on June 15th. As of last month, the interest being paid on the debt already exceeded the amount spent […]
The post $215,653,379,240 Added to US National Debt in One Month As Former White House Official Warns America on Brink of Fiscal Abyss appeared first on The Daily Hodl.
The US national debt just surged to a new all-time high of $34.75 trillion. The new milestone comes after the nation’s outstanding debt jumped $69.41 billion in a single day, according to new numbers from the U.S. Treasury’s Debt to the Penny database. According to a new report from the Congressional Budget Office (CBO), the […]
The post US National Debt Surges $69,417,431,854 in One Day, Reaching All-Time High of $34,750,498,829,987 appeared first on The Daily Hodl.
US Treasury Secretary Janet Yellen is responding to accusations that the US government and more than a dozen financial institutions have teamed up to spy on Americans’ private bank transactions. The House Judiciary Committee recently published a memo accusing the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) of urging banks to surveil their customers’ transactions […]
The post US Treasury Accused of Spying on Americans’ Bank Transactions in Secret Surveillance Program As Secretary Yellen Confirms ‘Communications Took Place’ appeared first on The Daily Hodl.
The CEO of a $60 billion hedge fund says Americans should be alarmed about the country’s rapidly expanding debt. New numbers from the Treasury Department show the national debt climbed from $34.393262 trillion on March 1st to $34.561173 trillion on March 20th, a rise of $167.911 billion in just 20 days. At this point, the […]
The post $167,911,000,000 Added To US National Debt in 20 Days As Citadel CEO Warns Government Spending at ‘Borderline Insanity’ appeared first on The Daily Hodl.
U.S. Deputy Treasury Secretary Wally Adeyemo is issuing a warning to the crypto industry, saying it must crack down on illicit finance. Speaking at the 2023 Blockchain Association Policy Summit, Adeyemo says that the digital assets industry should self-regulate against illegal financial activities or regulators will have to clamp down even harder on the nascent […]
The post U.S. Deputy Treasury Secretary Wally Adeyemo Warns Crypto Industry To Take Action Against Illicit Finance appeared first on The Daily Hodl.
A Bloomberg analyst says that the U.S. Securities and Exchange Commission (SEC) is gearing up to approve all bids for a spot market Bitcoin (BTC) exchange-traded fund (ETF). In a lengthy thread on the social media platform X, James Seyffart says that the SEC making earlier-than-expected rulings on Franklin’s bids for a BTC ETF means […]
The post Bloomberg Analyst Says SEC Lining Up To Potentially Approve All Spot Bitcoin ETF Applications in January appeared first on The Daily Hodl.
