The US should stay away from gimmicks and tackle its real fiscal problem
Revaluing gold reserves has been bandied about as an idea, but its impact needn’t work out well for the US. It could weaken ...
David Sacks says the US may have lost over $16 billion in early liquidation of bitcoins
Trump's executive order launching a Strategic Bitcoin Reserve marks a shift in US crypto policy, as David Sacks reveals a $16 ...
Fed Official Says Balance-Sheet Goals May Entail Shorter Portfolio Duration
An official who manages the Federal Reseve’s monetary-policy implementation said tweaks to the composition of the central bank’s balance sheet could mean the Fed would eventually own relatively more ...
Ally Financial Sells $2.8 Billion of Low-Yielding Securities to Bolster Balance Sheet
Ally said the balance sheet restructuring will result in a pre-tax loss of about $250 million in the first quarter of 2025.
NY Fed's Perli says market liquidity levels remain abundant
A Federal Reserve Bank of New York official who manages the implementation of monetary policy indicated Wednesday the central ...