Biden Administration
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US Senators Blame Biden Administration for Delay in Emergence of US Champions in Cryptocurrency Industry
According to reports, US senators have stated that the hostility of the Biden administration towards Bitcoin and cryptocurrency companies has hindered the emergence of US champions
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Biden assures prompt solution after bank explosion in Silicon Valley.
On March 13, it was reported that the impact of the bank explosion in Silicon Valley was spreading rapidly. Biden tweeted about the bank trust crisis on the evening of the 12th local time to boost American confidence. Biden first forwarded the report of the New York Times and tweeted, “Under my instructions, Secretary Yellen and the director of my National Economic Commission cooperated with the banking regulators to solve the problems of banks and signature banks in Silicon Valley. I am glad that they have reached a solution to protect workers, small businesses, taxpayers and our financial system.” Biden: The American people and American enterprises can rest assured that their bank deposits will appear when they need them Analysis based on this information:The recent impact of the bank explosion in Silicon Valley created widespread fear and disruptive consequences in the area. However, the Biden Administration intervened in a timely manner to address the crisis and calm down the growing…
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US President Joe Biden proposes changes to cryptocurrency taxes to increase revenue and reduce false transactions
It is reported that the Wall Street Journal quoted the draft budget for the fiscal year 2024, and that the US President Joe Biden would propose to change the t…
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Lael Brainard to Serve as Chief Economic Adviser to US President Joe Biden
According to reports, according to people familiar with the matter, US President Joe Biden will appoint Lael Brainard, Vice Chairman of the Federal Reserve, as…