Tagged: steve mnuchin

US House Financial Services Committee: US Treasury Secretary Mnuchin Says “No Need” for Federal Digital Currency (CBDC)

US Secretary of the Treasury Steve Mnuchin told members of the US House Financial Services Committee Thursday that both he and Federal Reserve Chairman Jerome Powell feel there is “no need” for the US to develop a digital currency in the near term. Currently, multiple… Read More

US Treasury Secretary Mnuchin: Backers Left Facebook’s Libra Because Facebook’s Currency Project “Not Up to Par”

US Treasury Secretary Steve Mnuchin told Andrew Ross Sorkin at CNBC’s Squawk Box October 14th that initial backers of Facebook’s proposed in-app cryptocurrency project, Libra, probably realized the company was, “not ready….(and) not up to par” when they announced they were leaving the project in… Read More

December Minutes of Financial Stability Oversight Council Includes Discussion on Bitcoin by CFTC Chair J. Christopher Giancarlo

The Financial Stability Oversight Council (FSOC) includes every top financial regulator in the US government representing various agencies and a handful of state regulators. Chaired by the Secretary of the Treasury, Steve Mnuchin, FSOC has statutory mandate that creates for identifying risks and responding to… Read More

Send this to a friend