US Government Faces ‘Significant Risk’ of Default in June, Congressional Budget Office Warns

May 14, 2023 Bitcoin.com

bitcoin.com

The Congressional Budget Office (CBO) has stressed that “there is a significant risk that the Treasury will run out of funds at some point in the first two weeks of June” if the debt ceiling is not raised or suspended. The CBO’s projection is in line with the estimate by the Treasury Department that a […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony

April 17, 2023 Bitcoin.com

Bank of Russia

U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in international markets. According to Yellen, the government tries to use sanctions “judiciously,” as they can create a desire to find alternatives to the U.S. dollar. U.S. Treasury Secretary Yellen Talks […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

March 22, 2023 Bitcoin.com

Bank Bailouts

U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all deposits of Silicon Valley Bank and Signature Bank after they failed. U.S. Government Ready to Guarantee More Deposits if Needed U.S. Treasury Secretary […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

US Treasury Secretary and Indian Finance Minister Discuss Crypto Regulation

November 13, 2022 Bitcoin.com

bitcoin.com

U.S. Treasury Secretary Janet Yellen and Indian Finance Minister Nirmala Sitharaman discussed crypto regulation during the ninth India-U.S. Economic and Financial Partnership meeting. They stressed the importance of international cooperation and setting high regulatory standards globally. US and India Discuss Issues Surrounding Crypto Indian Union Minister of Finance & Corporate Affairs Nirmala Sitharaman and U.S. […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry

October 30, 2022 Bitcoin.com

bitcoin.com

U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and 28 Securities and Exchange Commission (SEC) officials. Revolving Door Between Financial Regulators, Like SEC, and […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

President Biden Insists US Recession Is Not Inevitable — Treasury Secretary Yellen Concurs

June 21, 2022 Bitcoin.com

bitcoin.com

President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many economists who have predicted an upcoming recession. In addition, Biden insisted that the U.S. will “overcome this inflation” while Yellen admitted that “inflation is unacceptably high.” Biden: U.S. Recession Isn’t Inevitable President Joe Biden […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

SEC Commissioner Expects Tighter Stablecoin Regulation — Yellen Says Stablecoins Not Real Threat to Financial Stability

May 15, 2022 Bitcoin.com

bitcoin.com

A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says stablecoins are currently “not a real threat” to the country’s financial stability. SEC Commissioner on Stablecoin Regulation The regulation of stablecoins has been a hot topic this week following the Terra fiasco […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

Rich Dad Poor Dad’s Robert Kiyosaki Plans to Buy Bitcoin When the ‘Bottom Is In’ — Says It Could Be at $17K

May 13, 2022 Bitcoin.com

Rich Dad Poor Dad’s Robert Kiyosaki Plans to Buy Bitcoin When the ‘Bottom Is In’ — Says It Could Be at K

Biden

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, believes bitcoin could crash to $17K. However, he also believes the cryptocurrency “will win” because America is led by the three stooges. He has been recommending bitcoin to investors alongside gold and silver. Kiyosaki Thinks Bitcoin Could Test the Bottom at $17K […]

Satoshi Action Fund Open-Sources Strategic Bitcoin Reserve Model, Hints at Executive Order Implementation

Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report

August 7, 2021 Bitcoin.com

bitcoin.com

U.S. Treasury Secretary Janet Yellen has reportedly raised objections to lawmakers about the cryptocurrency tax amendment to the $1 trillion infrastructure bill that is supported by the crypto community. The White House subsequently announced its support for a competing amendment. Yellen Exerting Influence on Lawmakers Regarding Crypto Taxation The new crypto tax proposal in the […]

treasury secretary janet yellen