Tagged: nellie liang

Office of Financial Research Pilots Data Hub to Help with Climate-Risk Assessments

The Office of Financial Research (OFR) announces the launch of its Climate Data and Analytics Hub pilot, which is a new tool “to help financial regulators assess risks to financial stability stemming from climate change.” This collaborative environment will “improve users’ access to public climate… Read More

US Department of Treasury Issues Request for Comments on Digital Assets

The US Department of Treasury has issued a request for comments pertaining to the risks and opportunities affiliated with digital assets or crypto. Under Secretary of the Treasury for Domestic Finance, Nellie Liang issued the following statement on the request: “For consumers, digital assets may present… Read More

Dodging a Bullet? Bitcoin, Other Crypto Rise Following Benign Executive Order on Digital Assets [u]

Bitcoin is rebounding today jumping by over 8% since the early hours of the morning. Industry followers believe that the White House’s Executive Order addressing digital assets has helped to fuel the rise of Bitcoin as well as other cryptocurrencies. Earlier this week it was… Read More

Secretary of Treasury Yellen Issues Statement on Digital Asset Executive Order

Secretary of Treasury Janet Yellen has issued a commend on the Executive Order published today that addresses the fast-growing digital asset industry. Secretary Yellen said that President Joe Biden’s order calls for a coordinated approach to digital asset policy: “This approach will support responsible innovation… Read More

House Hearing Addresses Stablecoins and Regulation, Consensus May Emerge on Legislation

Earlier this week, the House Committee on Financial Services held a hearing on stablecoins or digital assets tied to fiat currency. The Hearing was driven by the recent report by the President’s Working Group (PWG) on Financial Markets. While stablecoins are not (yet) systemically worrisome,… Read More

House Committee on Financial Services Hearing Tackles Stablecoins

The House Committee on Financial Services will hold a virtual hearing tomorrow (February 8) with a single witness scheduled to testify. The hearing entitled, “Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins” will involve the testimony… Read More

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