Federal Reserve Archives - Page 2 of 4

Marjorie Taylor Greene Raises Alarm about Digital Cash: ‘Go Back to the Gold Standard’

Republican Rep. Marjorie Taylor Greene (R-GA) has raised the alarm about Democrat President Joe Biden's plans to replace physical cash with a "digital dollar." As Slay News has previously reported, Biden recently ordered the Federal Reserve to push forward with plans for a Central Bank Digital Currency (CBDC). The move…

Biden Orders Federal Reserve to ‘Explore’ Digital Cash

Democrat President Joe Biden has ordered the U.S. Federal Reserve to "explore" the use of a "digital dollar" in place of traditional physical cash. Since Day One of being sworn into office, Biden's executive orders have been wreaking havoc on America's economy. His orders attacking the oil and gas industry…

Fed Chair Powell on SVB Collapse: Regulators Were Surprised by Bank Run

Federal Reserve Chairman Jerome Powell has commented on the collapse of Silicon Valley Bank (SVB) by revealing that regulators were caught off guard by the speed of the bank run. On Wednesday, Powell criticized the management of SVB for poor risk management. He alleges that bank executives sought to grow…

DeSantis Unveils Plan to Fight Biden’s Efforts to Replace Cash with ‘Digital Dollar’

Florida's Republican Governor Ron DeSantis has unveiled his new plan that seeks to fight efforts by Democrat President Joe Biden to replace traditional cash with a central bank-controlled "digital dollar." DeSantis revealed a proposal on Monday in response to Biden's recent moves to usher in "digital cash." As Slay News…

Banks Are Borrowing Billions to Maintain Liquidity amid Banking Crisis, Fed Data Shows

U.S. banks are borrowing billions of dollars to maintain liquidity following the recent collapse of Silicon Valley Bank (SVB), data published by the Federal Reserve shows. Banks have borrowed a combined total of $164.9 billion from the central bank in recent weeks amid the banking crisis, according to Fed statistics released…

Fed’s Logan Warns Financial System Vulnerable to Bond Stress, Bostic Open to Rate Hikes

America's financial system is vulnerable to stress in the government bond market, Federal Reserve Bank of Dallas President Lorie Logan has warned. Logan delivered a speech at an event hosted by the University of Chicago Booth School of Business. She explained that the bond market is susceptible to substantial shocks.…

FOMC Members Warned of ‘Uncertainties’ in Inflation Outlooks, Raised Recession Odds, Minutes Reveal

Federal Open Market Committee (FOMC) members are quietly raising concerns about a long, drawn-out recession, recent minutes have revealed. Minutes from the latest FOMC policy meeting show that the policy-making arm of the central bank believes the odds of a recession occurring in 2023 are higher. While inflation is moderating…

Biden’s Economy Lost 2.5 Million Jobs in January, despite Media Claims of 517,000 ‘Gain’

The United States economy suffered a whopping 2.5 million job losses in January despite efforts by the corporate media to try to spin the numbers in Democrat President Joe Biden's favor. The mainstream media praised Biden's economy while cheering employment figures showing that the U.S. saw a "gain" of 517,000…

Biden Admin Overestimated Job Growth by 10,600%, Fed Report Reveals

A new Fed report has revealed that Democrat President Joe Biden's administration overestimated America's recent job growth by a staggering 10,600 percent. The Federal Reserve Bank of Philadelphia reported that the Biden admin's Bureau of Labor Statistics (BLS) massively overestimated the number of jobs added nationwide from March through June…

Fed Bank Launches ‘Digital Dollar’ Initiative after Democrat-Linked FTX Crypto Scam Exposed

The Federal Reserve Bank of New York has just launched a "digital dollar" cryptocurrency initiative just days after the FTX crypto scam was exposed. As Slay News reported, FTX has been exposed for being at the center of a money laundering effort in Ukraine that's linked to several U.S. Democrats. FTX…