BITCOIN

U.S. Treasury Secretary Janet Yellen has warned that despite some human rights concerns that need to be addressed, ceasing trade with China would be a “big mistake” for the U.S. “De-risk? Yes. Decouple? Absolutely not,” she stressed, adding that the outcome of decoupling from China would be “disastrous.” Yellen Warns Against Decoupling From China U.S. Treasury Secretary Janet Yellen told the House Financial Services Committee on Tuesday that it is in the best interest of the United States to maintain ties with China. She emphasized during her congressional testimony: While we surely have concerns that need to be addressed, decoupling would be a big mistake. Yellen explained that Americans benefit from purchasing goods that are more affordable to produce in China, while China benefits from the exports it receives from the United States. Some lawmakers disagreed with Yellen. For example, Congresswoman Ann Wagner (R-MO), Chair of the Financial Services Subcommittee on Capital Mark...

Another politician entered the race for America’s presidential election in 2024, and unlike the Democratic incumbent, Joe Biden, and the Republican, Donald Trump, this candidate is crypto-friendly. Miami mayor Francis X. Suarez filed to run as a Republican, according to his recent Federal Election Commission filing. Miami Mayor Francis Suarez Makes Presidential Bid Francis X. Suarez, the American lawyer and 43rd mayor of Miami, Florida, is running for president of the United States after filing with the Federal Election Commission. Suarez hinted at the news last Sunday during an appearance on Fox News, where he teased a significant announcement. He will compete against two prominent Republicans from Florida: former president Donald Trump and governor Ron DeSantis . Reports detail that Suarez plans to make his official bid announcement at the Ronald Reagan Presidential Library in Simi Valley, California. Known for his support of cryptocurrencies, Suarez has been a vocal proponent...