AP Photo / Cliff Owen The Federal Reserve is partnering with MIT researchers to build and test a digital currency, central banker Brainard said Thursday. The Fed hopes to gain a better understanding of digital currency, its use, and the potential implementation of a central bank digital currency, Brainard said …
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The Federal Reserve said Tuesday it will extend its menu of loan programs to companies, governments and individuals until the end of 2020. Originally slated to expire on September 30, the myriad facilities, ranging from small business credit to junk bond purchases, will now run through December 31. The Fed …
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Senator Mitt Romney, a Republican from Utah, listens during a Senate Small Business Committee hearing on Coronavirus Relief Aid and “CARES Act Title I Implementation”, in Washington, USA, June 10 2020. Al Drago | Reuters Senator Mitt Romney plans to vote against Judy Shelton’s controversial nomination for the Federal Reserve, …
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The Senate banking committee on Tuesday approved controversial Federal Reserve nominee Judy Shelton and Christopher Waller for two vacancies on the central bank’s board of governors. Their nominations are now directed to the full Senate for confirmation. President Donald Trump had announced his intention to nominate the couple in July …
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A woman passes by the United States Federal Reserve Building in Washington DC on May 21, 2020. Ting Shen | Xinhua News Agency | fake pictures As the Federal Reserve deepens its purchases of corporate debt, it faces more questions about the consequences of its unprecedented market interventions. Disclosures released …
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