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“#Five centrist Dems oppose Biden’s pick for bank regulator” Five centrist Democratic senators have reportedly told the White House that they’ll oppose the nomination of Saule Omarova, President Joe Biden’s controversial lefty pick for head of the Treasury Department’s Office of the Comptroller of the Currency. The opposition from both Republicans and, now, some of…
“#The Throne Speech was short on substance—and the opposition was not afraid to say so” Politics Insider for Nov. 24, 2021: The Governor General’s cautious speech; a fed-up opposition; and a breakfast brawl Well, that was anticlimactic. Tuesday’s Speech from the Throne turned out pretty thin—short on length and short on substance, too, despite all…
“# US Senator Pat Toomey supports digital dollar, nomination of Powell as Fed chair ” Pennsylvania Senator Pat Toomey, one of the lawmakers who supported amending the language around crypto in the recently passed infrastructure law, said the United States should lead the world in the adoption of a central bank digital currency, or CBDC….
“# President Biden picks Jerome Powell to be next Fed chair ” President Joe Biden has tapped Jerome Powell to serve another four-year term as the chair of the Federal Reserve System’s Board of Governors. In a Monday announcement, the White House announced President Biden would be nominating Powell as his pick to lead the…
“#Tories under pressure as MP tests positive for COVID-19” Politics Insider for Nov. 22, 2021: A CPC MP tests positive for COVID; the Liberals look for deals; and Garneau sticks around The Liberals are threatening a showdown today as Parliament sits for the first time since the election amid uncertainty about the vaccine status of…
“#Tories under pressure as MP tests positive for COVID-19” Politics Insider for Nov. 22, 2021: A CPC MP tests positive for COVID; the Liberals look for deals; and Garneau sticks around The Liberals are threatening a showdown today as Parliament sits for the first time since the election amid uncertainty about the vaccine status of…
“#Cabinet seat to Bay Street: Five former politicos who went into banking” Banks have been snapping up these hot commodities Navdeep Bains From Liberal cabinet minister to CIBC, vice-chair, global investment banking (Illustration by Joel Kimmel) Lisa Raitt From Conservative cabinet minister to CIBC, vice-chair, global investment banking (Illustration by Joel Kimmel) Rona Ambrose From…
“# Australian Senator says DeFi is ‘not going away any time soon’ ” Senator Jane Hume has stated that decentralized finance (DeFi) “presents huge opportunities” for Australia to cement its place as a “front-runner for innovation and economic progress.” Senator Hume spoke at the Australian Financial Review Super & Wealth Summit in Sydney on Monday,…
“#’Saturday Night Live’ cold open tackles Kyle Rittenhouse acquittal” NBC’s “Saturday Night Live” kicked off its latest show with a parody of Jeanine Pirro weighing in on the Kyle Rittenhouse acquittal. Cecily Strong started the cold open with a caricature of the former New York prosecutor on a fake episode of “Justice With Judge Jeanine.”…
“# Is US politics divisive enough to make crypto a partisan issue? ” As the perceived legitimacy of blockchain technology increases, politicians in the United States have shown a growing interest in turning this non-partisan technology into a topic of political divisiveness. Speaking via video to an audience of the Bloomberg New Economy Forum in…