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The New York Fed announced that it will purchase $8.2 billion in Treasury bills on Friday under its new reserve purchase program.
According to the AXIOS website: The Trump administration plans to appoint a U.S. major general to command the International Stabilization Force (ISF) in Gaza.
On December 12th, local time, the U.S. House of Representatives voted 237-140 to suspend a motion to impeach President Donald Trump introduced by Texas Congressman Al Green. All Republican members voted in favor of the motion, while many House Democrats privately believed Trump should not continue as president or should be impeached, but most were reluctant to proceed with the resolution.
U.S. Treasury Secretary Bessenter: The Financial Stability Oversight Council will focus on economic growth and the “undue burdens” imposed by financial regulatory rules.
The U.S. Commodity Futures Trading Commission (CFTC) announced the withdrawal of outdated guidance on digital assets.