Dow Cautious After Pelosi Baits Impeachment Hook for a Reckless Trump

A quiet Monday for the Dow belied some risk off-moves in the index. Donald Trump’s meeting with Jerome Powell went off without a hitch. Nancy Pelosi’s offer for the president to testify in the impeachment hearings could create some serious volatility in the Dow Jones. The Dow Jones clung to record levels on Monday, as […]

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US Congressmen Ask Fed to Consider Developing ‘National Digital Currency’

Two U.S. lawmakers want the Federal Reserve to consider creating a digital dollar. In a letter sent to Federal Reserve Chairman Jerome Powell, Rep. French Hill (R-Ark.) and Rep. Bill Foster (D-Ill.) outline concerns they have about risks to the U.S. dollar if another country or private company creates a widely used cryptocurrency, and ask […]

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