The U.S. Senate has taken a key step in confirming the nominations for the chairpersonship of the Commodity Futures Trading Commission (CFTC) and the Federal Deposit Insurance Corporation (FDIC). Trump's nominees for CFTC chairperson Mike Selig and FDIC chairperson Travis Hill have passed a 52-47 procedural vote to pave the way for final confirmation. A Senate majority spokesperson expects a final vote could take place early next week. Selig, who previously oversaw crypto at the SEC, will succee...
Trump announced that Israel and Kazakhstan signed the first phase of the Gaza ceasefire agreement, the US Senate rejected the bipartisan temporary funding bill for the sixth time, the Federal Reserve cautiously hinted that further interest rate cuts will be made this year, and spot gold broke $4,000 for the first time. Click to view the global news last night and this morning
On December 21st, according to Fox coverage, some government entities shut down after Congress failed to pass a continuing resolution spending bill to avoid a government shutdown by the deadline and send it to President Biden's desk. The Senate is currently actively considering amendments such as voting in order to submit the bill to Biden. The temporary bill is expected to be passed by the Senate in the next few hours. The partial shutdown of government entities is only a few days away from Chr...