Today, White House officials, in conjunction with President Donald Trump, will release the first major cryptocurrency policy report. Executive Director of the President’s Council of Advisers on Digital Assets Bo Hines announced that the Presidential Working Group on Digital Asset Markets will release its 180-day report. “America is now leading the way on digital asset policy,” Director Hines said ahead of the release. The report is expected to offer policy recommendations related to cryptocurrencies.
This afternoon, following Federal Open Market Committee meetings at the Federal Reserve, Federal Reserve Chairman Jerome Powell will announce federal interest rate adjustments. Due to market instability and the potential risk of even higher inflation, the 12-person committee has voiced concern about adjusting rates and is expected to maintain them at the current rate until markets stabilize.
As the Lord Leads, Pray with Us…
- For God to direct the president and Director Hines as they formulate policy plans related to cryptocurrency.
- For the president and federal officials as they work to boost U.S. economic health and economic growth.
- For wisdom for the members of the Federal Open Market Committee as they set the federal interest rate.
