Federal Reserve

Federal Reserve

Policy

Trump orders government, Fed to review crypto firms' access to payment rails

Donald Trump's executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.

President Donald Trump at the White House (Jesse Hamilton/CoinDesk)

Policy

Senate confirms Kevin Warsh to Fed board ahead of expected Chair vote

Warsh’s confirmation to the Fed board positions the crypto-linked investor to replace Jerome Powell as chair amid inflation and digital asset policy debates.

Senate confirmed Kevin Warsh to the Federal Reserve Board (Getty)

Videos

eBay rejects GameStop's $56B bid

eBay's board rejected GameStop's $56 billion takeover bid, calling it "neither credible nor attractive." Now questions are growing over whether CEO Ryan Cohen will sell the company's $368 million bitcoin position to make the deal look more credible. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

eBay rejects GameStop's $56B bid

Markets

Fed leaves rates unchanged at Jerome Powell's final meeting as chairman

The U.S. Federal Reserve's next meeting in June is likely to be led by Kevin Warsh after he cleared a Senate Banking Committee vote on Wednesday.

Federal Reserve Chair Jerome Powell speaks during a press conference

News Analysis

Trump's DOJ drops probe that stood in way of president's pick to run Federal Reserve

The Justice Department passed an investigation of Fed Chair Jerome Powell to the Fed's own inspector, which could clear a confirmation path for Kevin Warsh.

Kevin Warsh, nominee to be Fed chair (Andrew Harnik/Getty Images)

Markets

Bitcoin slides toward $75,000 amid Warsh hearing, stalling U.S.-Iran talks

The S&P 500 and Nasdaq gave back their early morning gains alongside BTC as markets digested the Fed Chair nominee's Senate confirmation hearing and report of stalled Iran talks.

Fed Chair Kevin Warsh (Andrew Harnik/Getty Images)

Markets

Bitcoin faces near-term pressure as liquidity tightens, Hilbert Group CIO says

Russell Thompson warned of a sharp tightening in global liquidity that could weigh on risk assets and bitcoin in the near term, before expected U.S. policy action provides relief.

U.S. Federal Reserve headquarters in Washington (Jesse Hamilton/CoinDesk)

Markets

Bitcoin's rally faces key hurdle with Wednesday's Fed meeting

Hot PPI inflation data in the morning and hawkish remarks by Powell in the afternoon would be the most damaging combination for risk assets, including crypto, Bitfinex analysts said.

Federal Reserve Chair Jerome Powell

Policy

Court closes Custodia fight with Federal Reserve just as Fed opens master-account door

Just days after the Federal Reserve granted a limited master account to Kraken, crypto bank Custodia's years-long court battle with the Fed concludes in a loss.

Avanti CEO Caitlin Long (CoinDesk archives)

Markets

Next week could spice things up for bitcoin as seven central banks face an inflation test

Seven major central banks, including the Federal Reserve, will issue rate decisions next week just as war-driven oil price spikes raise fresh concerns about global inflation.

Globe (Subhash Nusetti/Unsplash)