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House Financial Services Committee Advances National Security, Financial Privacy, Anti-CBDC Legislation
From financialservices.house.gov
Today, the House Financial Services Committee passed eleven pieces of legislation out of Committee that strengthen national security, protects Americans’ financial privacy, and prevents the issuance of a central bank digital currency (CBDC) without explicit authorization from Congress. More information on all eleven bills reported out of the Financial Services Committee can be found below: H.R. 3378, the "Agricultural Security Risk Review Act," offered by Rep. Frank Lucas (OK-03), safeguards the homeland from foreign adversaries. This bill will ensure the Secretary of Agriculture is included in foreign ... (full story)
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From @LiveSquawk|Sep 20, 2023|8 commentstweet: Japan Chief Cabinet Secretary Matsuno: Important That FX Move Stably Reflecting Fundamentals - To Respond Appropriately If Necessary - Refuses To Rule Out Any Options For Response To FX Moves $USDJPY tweet: JAPAN CHIEF CABINET SECRETARY MATSUNO: EXPECT BOJ TO CLOSELY COMMUNICATE WITH GOVT, CONTINUE TO TAKE APPROPRIATE MONETARY POLICYJapan’s Matsuno: Won't rule out any options for response to FX moves Japan’s Chief Cabinet Secretary Hirokazu Matsuno told a news conference on Thursday, he “won't rule out any options for response to FX moves.” Additional comments: Important for FX to move stably reflecting fundamentals. Will respond appropriately to FX moves if necessary. Expect BoJ to closely communicate with govt, continue to take appropriate monetary policy. Share mutual understanding with international authorities that excessive FX move undesirable. Market reaction: USD/JPY is trading on the back foot near 148.25 following the Japanese verbal intervention, down 0.05% on the day.
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- Posted: Sep 20, 2023 11:13pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 85
