Search results for "JANET"
2026-03-09
12:01

U.S. Treasury Secretary Yellen Meets with El Salvador President, Praising Their Digital Asset Center Development Initiatives

Gate News Announcement, March 9th, U.S. Secretary of the Treasury Janet Yellen posted on X platform that she met with Salvadoran President Nayib Bukele at the "Shield of the Americas" Summit held in Doral, Florida. Yellen expressed her pleasure in hearing about Bukele's efforts to promote pro-market reforms and to establish El Salvador as a digital asset hub. She emphasized that both sides will continue to collaborate to strengthen strategic cooperation in the Americas.
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04:36

Bessent: The U.S. government has no authority to "rescue" Bitcoin, and taxpayers' money will not be invested in crypto assets.

BlockBeats News, February 8 — On the 4th of this month, U.S. Treasury Secretary Janet Yellen testified before Congress, stating that the Treasury Department and the Financial Stability Oversight Council (FSOC) do not have the authority to "rescue" Bitcoin, nor do they have the power to require banks to purchase it as part of their reserves. Yellen emphasized that American taxpayers' money will not be invested in crypto assets. The Bitcoin currently held by the U.S. government is confiscated asset from law enforcement, and is entirely different from funds managed on behalf of taxpayers.
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BTC0,26%
15:09

U.S. Treasury Secretary Yellen: Signing the "Crypto Market Structure Act" into law is crucial

Odaily Planet Daily reports that U.S. Treasury Secretary Janet Yellen posted on X platform expressing gratitude to Senator Cynthia Lummis for her ongoing efforts in the Senate to advance key market structure legislation for digital assets. Signing the Crypto Market Structure Act into law is crucial, as the digital asset revolution has arrived. She believes that as long as both parties in the United States lead together, this revolution can ultimately be completed.
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14:12

U.S. Treasury Secretary Yellen recommends changing FSOC's approach to promote more lenient regulation

Odaily Planet Daily reports that US Treasury Secretary Janet Yellen is proposing significant adjustments to the government's approach to financial regulation and stability. Yellen will recommend changes to the work guidelines of the Financial Stability Oversight Council (FSOC), promoting a more relaxed regulatory environment and a freer approach. In a letter on Thursday, Yellen wrote: “The Council will collaborate with its member agencies and support their assessment of whether certain aspects of the financial regulatory framework constitute excessive burdens and negatively impact economic growth, thereby undermining financial stability.” FSOC was established after the 2008 financial crisis to monitor and respond to systemic risks, and Yellen serves as the chair of this council. This plan marks a shift away from the long-standing tendency of the council to strengthen regulation. Yellen will also establish a working group “to explore opportunities for AI to enhance the resilience of the financial system, while monitoring the potential risks that AI applications may pose to financial stability.”
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