From Clinton to Trump, countless political leaders have changed their policies under pressure from the bond market, but Trump appears to be rewriting the rules of the game... click to view...
Lawrence Summers, who served as Treasury secretary under Bill Clinton, argued that Mr. Trump's public statement that he "wants to see [interest rates] come down significantly" was a public intervention by the government that "could easily backfire and the Fed would not follow its advice". Mr. Summers added: Unless the financial marekt boom collapses, it will be difficult for the Fed to cut interest rates as much as expected. The Fed itself is eager to play down tensions with the White House. Mr....
In an interview with Mark Penn, a political strategist and former Clinton administration adviser, Musk acknowledged that the proposed US Department of Government Effectiveness (DOGE) would struggle to meet its previously promised $2 trillion in federal spending cuts. This contrasts sharply with his declaration at a Trump campaign rally last October that it would "cut at least $2 trillion". Musk explained that setting a higher target is for...
Hillary Clinton said social platforms like need to be censored or "we will lose total control".
CleanSpark announced on Tuesday that it has acquired two bitcoin mining farms and related land near Clinton, Mississippi. The total purchase price of these acquisitions is $5.775 million and will support a total of 16.50 trillion watts of power, the press release said. The site will be delivered to CleanSpark on a turnkey basis with an estimated completion date of December 1. The site will house S21 pro miners and is expected to have a total operating hash rate of approximately 1 EH/s. The addit...
According to Bitcoin News on the X platform, Hillary Clinton has said that bitcoin could destabilize countries.