The Senate passed a bill banning the Federal Reserve's Central Bank Digital Currency (CBDC), with Donald Trump setting the political foundation for the ban.

The entities involved

• senate →

  type of legislative body, often the upper house or chamber of a bicameral legislature

  • Legislation is awaiting final approval from both the House and the Senate.Mon 17:49
  • A bill allowing foreign investment in cooperatives has been approved, concerning legitimate organizations registered with the Securities and Exchange Commission.Mon 16:37
• Federal Reserve System →

  central banking system of the United States

  • The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and the Federal Reserve System are refocusing their joint supervision on material financial risk.Mon 08:32
  • The Financial Stability Board assessed the effects of Artificial Intelligence on global financial stability.Sun 22:52
• Donald Trump →

  American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)

  • Trump ended the ceasefire agreement with Iran following recent attacks by Iranian forces.Mon 18:02
  • The Trump administration utilized the Department of Health & Human Services for an AI tool.Mon 18:02

Related events

• Trump created a strategic Bitcoin reserve via executive order, prompting Congress to seek codification into law.Sat 15:44
• Donald Trump is demanding that the central bank operate within the US context and maintain low interest rates.Jun 16