News list for " kansas"
Although Kansas City Federal Reserve President Schmid supported a rate cut in September, his hesitation to follow through on easing policy highlights the difficulty in reaching consensus on the Fed's interest rate decision. Click to view...
The 2025 FOMC voting committee and Kansas Federal Reserve President Schmid will deliver a speech on the economic outlook in ten minutes.
Kansas Fed President Schmid and Dallas Fed President Logan both stressed that the Federal Reserve must ensure that the inflationary shock from tariffs is not lasting, suggesting there is no rush to cut interest rates. Click to view...
On January 23rd, Kansas Senator Bowser introduced Senate Bill 34, which aims to invest public employees' retirement funds in bitcoin ETFs. According to the text of the bill, the bill intends to authorize the Kansas Public Employees' Retirement System (KPERS) Trust Board to invest up to 10% of the funds of the Kansas Public Employees' Retirement Fund in bitcoin ETF products.
The SEC is banning Shan Hanes, former CEO of Heartland Tri-State Bank in Kansas, from participating in the banking industry in the future, according to official sources. Previously, Shan Hanes was sentenced to 293 months in federal prison for his alleged $47 million cryptocurrency scam. Court documents show that Hanes executed 11 unauthorized telegraphic transfers between May and July 2023 to transfer $47.10 million in bank funds into a cryptocurrency wallet. The scam eventually led to the Hear....
Arkansas Republican Congressman French Hill recently sent a letter to Securities Exchange Commission (SEC) Chairperson Gary Gensler and other officials calling for a suspension of all ongoing rulemaking. Hill said that the public is deeply dissatisfied with the excessive regulation of the previous government, especially in the field of crypto, which may limit innovation. He criticized existing rules for constraining economic growth, emphasizing that they should be suspended to restore the balanc...
The 2025 FOMC voting committee and Kansas Federal Reserve President Schmid will speak in ten minutes.
According to official news, after obtaining currency transmission licenses in Arkansas, Iowa, and New Hampshire, Fiat-crypto payment solution provider Alchemy Pay announced that it has obtained another currency transmission license in New Mexico, USA. Due to the regulatory independence of each state in the United States, Alchemy Pay also revealed that it is currently actively applying for currency transmission licenses in other states.
The Department of Justice (DOJ) announced Monday that a federal judge in Wichita, Kansas, has ordered millions of dollars seized by the government to be returned to investors affected by the collapse of Heartland Tri-State Bank (HTSB). The DOJ explained: After a $47.10 million cryptocurrency scheme led to the collapse of a Kansas bank, a federal judge at a compensation hearing ordered millions of dollars seized by the government to be distributed to investors who suffered financial losses.
According to NBC News, Trump is expected to win Kansas.
