Category: House
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White House Eager To Work With Congress On Crypto Framework Bill
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Today, the Executive Office of United States President Joe Biden issued an Administration Policy Statement on legislation HR 4762 – the Financial Innovation and Technology Act 21 (FIT 21), which aims to create clear guidelines for digital assets. JUST IN: ?? The White House is eager to work with Congress…
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US FDIC needs ‘fresh start’ with new chair, White House official says By Reuters
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Written by Nandita Bose, Pete Schroeder, and Douglas Jellison WASHINGTON (Reuters) – The White House believes the U.S. Federal Deposit Insurance Corporation needs a “fresh start” with a new president who is not part of the leadership that has overseen its long-standing cultural problems, a White House official told Reuters…
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How The Rise In Cash Offers Are Shaping the House Buyer Property Market
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Imagine you’ve found your dream home, spent days searching for the perfect mortgage, and just as you’re about to make an offer, a buyer comes along and buys the property for cash. This scenario is becoming increasingly common in the real estate market, relegating traditional buyers to the sidelines. Although…
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President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House
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Executive Office of US President Joe Biden Announce Its position on the proposed legislation, HJ Res. 109, would allow highly regulated financial companies to act as custodians for bitcoin and other cryptocurrencies. JUST IN: ?? US President Joe Biden’s administration says Biden will veto legislation that would allow highly regulated…
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UK House Prices Decline for Second Consecutive Month Amidst Rising Mortgage Rates
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UK house prices fell significantly in April, recording the biggest fall since last summer, as rising mortgage interest rates restricted the purchasing power of potential buyers. According to Nationwide Bank, the main lending bank, house prices fell by 0.4 per cent last month, marking the second consecutive monthly decline and…