News list for " refutes"
Asked whether the Fed was prepared to cut interest rates again at its next meeting in July, Fed chairperson Jerome Powell rejected the question in congressional testimony. "I don't want to point to one meeting," Mr. Powell said. "I don't think we need to rush it." Republican congressman Mike Lawler pressed Mr. Powell on why the Fed did not choose to cut rates even as inflation cooled, echoing President Trump's criticism of the Fed chairperson.
Lawrence Summers, a Democrat and former US Treasury secretary, has dismissed the idea of a US government reserve of bitcoin assets and warned of political challenges to scaling back federal spending as planned by Mr. Musk, America's first buddy. Lawrence Summers said on the TV show: "What some people are saying, 'The idea that we should build some kind of national bitcoin reserve' is crazy."
