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James Bullard: I'd accept Fed chair job 'if we set it up for success'
CNBC Television· 2025-08-12 20:45
I did talk to the Treasury Secretary uh last week and uh he said uh he was going to be out of the country, but uh the Wall Street Journal broke the story up. I I guess uh I don't know where they got their info, but I did talk to him. Uh we had a brief conversation and uh I told them uh it didn't sound like they had a process locked down yet, but I I told him I'd be happy to uh you know proceed however they wanted to proceed.in terms of it it would be more um I guess vetting is that is that what is that what ...
X @The Wall Street Journal
From @WSJopinion: Trump’s Federal Reserve nominee, Stephen Miran, believes the dollar is overvalued because of its status as the world’s reserve currency. He’d like to change that. https://t.co/Fxpzls4xdr ...
Former CFPB Director on GENIUS Act: Would've liked to see much stronger protections for consumers
CNBC Television· 2025-07-22 11:50
Passage of the Genius Act to regulate stable coins in this country was a big win for crypto firms. But our next guest warning that the legislation could increase Americans trade deficit and hurt small American businesses. Joining us right now is Rohi Chopra.He's the former director of the Consumer Financial Protection Bureau. Uh tell us uh tell us your your litany or or list of issues that you have with the Genius Act and what you think the true implication is. Well, we all want there to be faster payments. ...
President Trump: We're not going to let the dollar slide
CNBC Television· 2025-07-18 19:48
woman, but it was so, so important to a certain group of people. And in a truly momentous act, last March, I signed an executive order establishing the US Strategic Bitcoin Reserve, as well as the United States digital asset stockpile. And that's all signed up.And with today's signing, we're pushing even further into the exciting new frontier. Just as I promised last year, the Genius Act creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar backed stablecoins ...
Bessent on euro as reserve currency: Be careful what you wish for
Bloomberg Television· 2025-07-03 20:42
Currency Dynamics - The industry views the notion of the Chinese Yuan becoming a reserve currency as flawed due to its non-convertibility and capital controls [1] - The industry notes that China's 14 亿 (1.4 billion) population desires to move capital out of the country, further hindering the Yuan's potential as a reserve currency [1] - The industry emphasizes that a freely trading currency is a prerequisite for reserve currency status [1] - The industry observes that a Euro exchange rate of 1.20 against the dollar would likely provoke concerns from European exporters about its strength [2] - The industry suggests the ECB should be cautious about the Euro's appreciation [2] Geopolitical & Economic Responsibility - The industry acknowledges the United States recognizes the responsibilities associated with being a reserve currency [2]
Coinbase CEO Issues DIRE WARNING - “You Need 0.1 Bitcoin!”
Altcoin Daily· 2025-06-14 17:00
One thing that is clear is that democracies around the world are having trouble getting deficit spending under control. There was something you said on stage that caught my attention. Said that Bitcoin could become the world's reserve currency because of the US debt situation which is ballooning.How realistic is that. Well, US debt is about to blow up. Global debt is about to blow up.Buying Bitcoin will be one of the only ways to survive all of this and wind up on top. You need to get 0.1% Bitcoin. At least ...