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Janet Yellen
The US Senate Goes to War Over Crypto Taxation
With two competing amendments and pressure from the White House and Treasury, crypto taxation is suddenly the crux of the massive infrastructure bill.
Janet Yellen Has Been Lobbying Against Wyden-Lummis-Toomey Crypto Amendment: Report
Senators had hoped to pass the bipartisan bill on Thursday night, but issues remained unresolved around the cryptocurrency regulations.
GOP Lawmaker: Janet Yellen’s Treasury Likely Behind Surprise Crypto Bill
Rep. Tom Emmer of Minnesota also criticizes the updated bipartisan infrastructure bill aiming to raise $28 billion via crypto taxes.
Yellen Urges Federal Agencies to ‘Act Quickly’ on Stablecoin Regulation
Treasury Secretary Janet Yellen convened a meeting Monday of the President’s Working Group on Financial Markets (PWG) to discuss stablecoins. CoinDesk’s Nikhilesh De shares the key takeaways, proposing the regulatory outcome. Plus, his take on Mastercard potentially testing USDC for payments.
State of Crypto: Stablecoin Rules Are Coming
Regulatory authorities are talking about stablecoins more and more, but it remains to be seen what they’ll actually implement.
Presidential Advisory Group Promises Stablecoin Recommendations
The Treasury Department didn't lay out a timeline for when it will publish its recommendations on stablecoin regulation.
US Presidential Advisory Group to Discuss Stablecoins
Federal Reserve Chairman Jerome Powell, Securities and Exchange Commission Chair Gary Gensler and Commodity Futures Trading Commission Acting Chair Rostin Behnam will also participate in Monday's meeting.
Treasury Nominees Pledge to Enforce New Crypto Regulations
"I would prioritize implementing pieces" of a new AML law around crypto, Treasury Department nominee Brian Nelson said.
Treasury Secretary Yellen Says Inflation Could Reach 3% This Year As Recovery Continues
At a G7 meeting this past weekend, Treasury Secretary Janet Yellen said inflation rates could rise as high as 3% through the rest of 2021 but maintained this price increase is probably transitory. “The Hash” panel connects the dots to the crypto markets.