Facebook Talked to the Fed About Libra, Chairman Powell Says

Bitcoin dipped almost 8% on Thursday, extending losses the day after U.S. Federal Reserve Chairman Jerome Powell called for a halt to Facebook's Libra. Francis Maguire reports......»»

Bitcoin dipped almost 8% on Thursday, extending losses the day after U.S. Federal Reserve Chairman Jerome Powell called for a halt to Facebook's Libra. Francis Maguire reports......»»

U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were addressed. Rough Cut (no reporter narration)......»»

Fed Chairman Jerome Powell said Facebook should not be allowed to launch its Libra cryptocurrency until the company details how it will handle a number of regulatory concerns......»»

U.S. Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook's plan to build a digital currency called Libra "cannot go forward" until serious concerns were addressed......»»

Fed Chair Jerome Powell says Facebook's new cryptocurrency project has a "burden of proof to carry.".....»»

Facebook has hired a former aide to the chairman of the U.S. Senate Banking Committee to lobby for its Libra cryptocurrency project......»»

Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Facebook Inc.’s proposal to create its own digital .....»»

Allowing Facebook to mint its own coin would turn it into the greatest monopoly in history, argues Signature Bank's chairman......»»

The White House explored the legality of demoting Federal Reserve Chairman Jerome Powell in February, soon after President Donald Trump talked about firing him, according to people familiar with the matter......»»

The White House explored the legality of demoting Federal Reserve Chairman Jerome Powell in February, soon after President Donald Trump talked about firing him, according to people familiar with the matter......»»

President Trump, toward the end of last year, briefly mused whether he could replace Federal Reserve Chairman Jerome Powell with Kevin Warsh, Axios reported early Wednesday, citing two unnamed sources who said they had talked with Trump about.....»»

As Fed Chairman Jerome Powell talked about pacing, stocks picked up their feet. The S&P 500 hit a new intraday high, rising 0.7%......»»

Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting rates until the U.S. makes sustained progress in bringing down inflation. The Fed chief.....»»

The Fed will launch a broad discussion later this summer with the public and Congress about the potential benefits and costs of a digital dollar, Fed Chairman Jerome Powell said Thursday......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»