First-Ever Furloughs at Nuclear Weapons Agency The National Nuclear Security Administration (NNSA), which maintains the United States’ nuclear stockpile, has…
Senate Democrats have blocked a Republican-backed military spending bill, demanding comprehensive funding that includes healthcare and housing programs. The government shutdown enters its 16th day as partisan disagreements continue.
According to reports from Washington, Senate Democrats have blocked a $852 billion Defense Department appropriations bill that would have funded the Pentagon for a full year. The vote tally of 50-44 fell short of the 60 votes needed to advance the measure in the United States Senate, with the vote largely splitting along party lines.
A top Federal Reserve official has expressed significant concerns about the rapidly growing stablecoin market and its potential impact on financial stability. Michael Barr warned that unregulated stablecoins could be vulnerable to runs during market stress, drawing parallels to historical private money crises.
A senior Federal Reserve official has highlighted potential stability risks in the rapidly expanding stablecoin market, according to recent statements made at a major financial technology conference. Federal Reserve Governor Michael Barr expressed concerns about how these digital assets could affect broader financial stability during his appearance at DC Fintech Week.
The US government shutdown has extended into its third week following the ninth failed Senate vote to restore funding. Federal workers and military families face potential paycheck disruptions as Democrats and Republicans remain deadlocked over healthcare provisions and spending priorities.
The United States government shutdown has extended into its third week after lawmakers failed to advance funding legislation, according to reports from Capitol Hill. The ninth failed Senate vote occurred Wednesday as both parties accused each other of inflexibility while federal workers face potential paycheck disruptions by month’s end.
