Federal Reserve


Markets

OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto

"Prior to this meeting, Vice Chair Quarles, Chair McWilliams and I had talked about potentially putting together an interagency policy sprint team just on crypto because of exactly the concerns you've described," Hsu said.

OCC

Videos

"Bitcoin as Inflation Hedge? Former New York Fed Reserve Director on Inflation, FOMC Minutes and Digital Dollar "

"First Mover" talks to Cornerstone Macro's partner and former New York Federal Reserve Director Benson Durham about the inflation debate, the Fed's monetary policy and bitcoin as an inflation hedge ahead of the release of the latest Fed meeting minutes.

Recent Videos

Markets

About 80% of Central Banks Are Exploring CBDC Use Cases, Bison Trails Report Says

The potential launch of private cryptocurrencies such as the Facebook-backed Diem is motivating central banks to develop CBDCs, the report noted.

globeshadow

Policy

State of Crypto: Meet Lael Brainard, the Fed's CBDC Champion

Last year, Federal Reserve Governor Lael Brainard announced the Boston branch of the U.S. central bank was exploring a digital dollar. She’ll be speaking next week at Consensus.

Federal Reserve Governor Lael Brainard has addressed crypto-related issues while in her role at the U.S. central bank over the past five years.

Policy

Money Reimagined: How the Fed Could Fail

Mounting debts and inflation fears could leave central banks hamstrung in the years ahead, leading to the debasement of fiat currencies.

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Tech

What If Somebody Hacks the Money Pipeline Next?

The Colonial Pipeline saga illustrates what may be a vulnerability with digital currency issued by central banks.

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Markets

US CPI Report Shows April Inflation Faster Than Expected, Highest Since 2008

Nearly all major components of the CPI increased in April, a sign that pent-up demand is fueling a rebound in economic mobility.


Policy

State of Crypto: Gary Gensler's Regulatory Clarity Sounds Awfully Familiar

Gary Gensler said Congress should provide clarity around crypto exchange regulation. A 2020 bill sought to do just that.

SEC Chair Gary Gensler suggested Congress could grant a federal regulator oversight authority over crypto exchanges during a Congressional hearing last week.

Videos

Former Fed Regulator Michael Hsu Appointed Acting Comptroller of the Currency

Treasury Secretary Janet Yellen appointed Michael Hsu, a former Federal Reserve banking regulator, as Acting Comptroller of the Currency. CoinDesk’s Nikhilesh De on what we know about Hsu’s background and what his appointment might mean for the crypto sphere.

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Markets

Crypto Now Viewed by Some as a Threat to Financial Stability, Fed Survey Finds

The Fed's own staffers didn't mention cryptocurrencies as a risk to financial stability, but market participants did.

Federal Reserve Chair Jerome Powell