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On April 17, former U.S. Treasury Secretary Henry Paulson stated that U.S. authorities should prepare a backup plan in case concerns over the long-term burden of federal debt lead to a potential collapse in demand for U.S. Treasury bonds in the future—warning that such a scenario would have 'serious and severe' consequences. In an interview with Bloomberg Television's 'Wall Street Week,' hosted by David Westin, Paulson said, 'We need a 'break glass' emergency plan that should be targeted, short-term, and prepared in advance so that we can activate it immediately when we hit the wall.' The interview also covered topics such as the impact of the Iran conflict and the outlook for U.S.-China relations.

[Former U.S. Treasury Secretary: U.S. Should Develop an 'Emergency Backup' Treasury Plan]On April 17, former U.S. Treasury Secretary Henry Paulson stated that U.S. authorities should prepare a backup plan in case concerns over the long-term burden of federal debt lead to a potential collapse in demand for U.S. Treasury bonds in the future—warning that such a scenario would have 'serious and severe' consequences. In an interview with Bloomberg Television's 'Wall Street Week,' hosted by David Westin, Paulson said, 'We need a 'break glass' emergency plan that should be targeted, short-term, and prepared in advance so that we can activate it immediately when we hit the wall.' The interview also covered topics such as the impact of the Iran conflict and the outlook for U.S.-China relations.

Former U.S. Treasury Secretary: U.S. Should Develop an 'Emergency Backup' Treasury Plan

On April 17, news emerged that Charles Schwab is focusing on prediction markets, but its President and CEO Rick Wurster believes there is a significant difference between betting on Taylor Swift's love life and betting on the latest inflation data. "At some point, we are likely to launch prediction markets," Wurster stated during the company's first-quarter earnings call on Thursday, distinguishing bets on financial events from topics like sports, politics, and pop culture. However, Wurster noted that Charles Schwab is not among the companies rushing to bring related products to market. "This is not at the top of our clients' demand list, and if you look at the success rate data for traders, it is not high; people generally lose money. This is definitely something we will study seriously, and it will be quite straightforward for us to offer. When we do this, we will do it in a more formal manner."

[Charles Schwab CEO: Considering Entry into Prediction Markets]On April 17, news emerged that Charles Schwab is focusing on prediction markets, but its President and CEO Rick Wurster believes there is a significant difference between betting on Taylor Swift's love life and betting on the latest inflation data. "At some point, we are likely to launch prediction markets," Wurster stated during the company's first-quarter earnings call on Thursday, distinguishing bets on financial events from topics like sports, politics, and pop culture. However, Wurster noted that Charles Schwab is not among the companies rushing to bring related products to market. "This is not at the top of our clients' demand list, and if you look at the success rate data for traders, it is not high; people generally lose money. This is definitely something we will study seriously, and it will be quite straightforward for us to offer. When we do this, we will do it in a more formal manner."

Charles Schwab CEO: Considering Entry into Prediction Markets

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【cfg currently trades at 0.2428 USDT, up 20.38% in 24h, according to HTX market data.】cfg Surges 20.38% in 24H, Currently at 0.2428 USDT

cfg currently trades at 0.2428 USDT, up 20.38% in 24h, according to HTX market data.

On April 17, Charles Schwab is focusing on prediction markets, but its President and CEO Rick Wurster believes there is a significant difference between betting on Taylor Swift's love life and betting on the latest inflation data. 'At some point, we are likely to launch prediction markets,' Wurster stated during the company's first-quarter earnings call on Thursday, emphasizing that he would distinguish bets on financial events from topics like sports, politics, and pop culture. However, Wurster noted that Charles Schwab is not among those companies rushing to bring related products to market. 'This is not at the top of our clients' demand list, and if you look at the success rate data for traders, it is not high; people generally lose money. This is certainly something we will study seriously, and it would be quite straightforward for us to offer. When we do this, we will make it more formal.'

[Charles Schwab CEO: Considering Entry into Prediction Markets]On April 17, Charles Schwab is focusing on prediction markets, but its President and CEO Rick Wurster believes there is a significant difference between betting on Taylor Swift's love life and betting on the latest inflation data. 'At some point, we are likely to launch prediction markets,' Wurster stated during the company's first-quarter earnings call on Thursday, emphasizing that he would distinguish bets on financial events from topics like sports, politics, and pop culture. However, Wurster noted that Charles Schwab is not among those companies rushing to bring related products to market. 'This is not at the top of our clients' demand list, and if you look at the success rate data for traders, it is not high; people generally lose money. This is certainly something we will study seriously, and it would be quite straightforward for us to offer. When we do this, we will make it more formal.'

On April 17, U.S. President Trump stated, "Our relationship with Iran is very good right now." He mentioned that they are close to reaching an agreement with Iran. If an agreement is reached, oil prices will drop, prices will decrease, and inflation will decline. He expressed dissatisfaction with Australia, stating that when we needed them regarding the Strait of Hormuz issue, they did not stand by our side.

[Trump: Relations with Iran are Very Good, Close to Reaching an Agreement]On April 17, U.S. President Trump stated, "Our relationship with Iran is very good right now." He mentioned that they are close to reaching an agreement with Iran. If an agreement is reached, oil prices will drop, prices will decrease, and inflation will decline. He expressed dissatisfaction with Australia, stating that when we needed them regarding the Strait of Hormuz issue, they did not stand by our side.

Trump: Relations with Iran are Very Good, Close to Reaching an Agreement

On April 17, Politico reported that U.S. Senator Thom Tillis stated that the text related to stablecoin yields is unlikely to be released this week, as he wants to clarify the date for the committee's markup review before publishing.

[Senator Thom Tillis: Text on Stablecoin Yields Unlikely to Be Released This Week]On April 17, Politico reported that U.S. Senator Thom Tillis stated that the text related to stablecoin yields is unlikely to be released this week, as he wants to clarify the date for the committee's markup review before publishing.

Senator Thom Tillis: Text on Stablecoin Yields Unlikely to Be Released This Week

On April 17, U.S. President Trump stated that Iran has almost agreed to all matters. 'If the Iran agreement is signed in Islamabad, I might go. I am willing to go to Pakistan.'

[Trump: Iran Has Almost Agreed to All Matters]On April 17, U.S. President Trump stated that Iran has almost agreed to all matters. 'If the Iran agreement is signed in Islamabad, I might go. I am willing to go to Pakistan.'

Trump: Iran Has Almost Agreed to All Matters

On April 17, a 10-day ceasefire between Israel and Lebanon took effect at 5 PM Eastern Time on the 16th. The U.S. State Department issued a statement that the ceasefire period could be extended, and Israel retains the right to take 'all necessary self-defense measures' during the ceasefire. The statement noted that if negotiations make substantial progress and Lebanon can effectively demonstrate its ability to exercise national sovereignty, the 10-day ceasefire could be extended by mutual agreement between both parties. It stated that during the ceasefire, Israel would not launch any 'offensive' military actions against Lebanese targets but reserves the right to take 'all necessary self-defense measures' at any time against planned, imminent, or ongoing attacks. The Lebanese government will take concrete measures to prevent Hezbollah and other 'illegal non-state armed groups' within Lebanon from launching attacks against Israeli targets. (Xinhua News Agency)

[U.S. State Department: Ceasefire Between Israel and Lebanon Can Be Extended, Israel Retains Right to Self-Defense]On April 17, a 10-day ceasefire between Israel and Lebanon took effect at 5 PM Eastern Time on the 16th. The U.S. State Department issued a statement that the ceasefire period could be extended, and Israel retains the right to take 'all necessary self-defense measures' during the ceasefire. The statement noted that if negotiations make substantial progress and Lebanon can effectively demonstrate its ability to exercise national sovereignty, the 10-day ceasefire could be extended by mutual agreement between both parties. It stated that during the ceasefire, Israel would not launch any 'offensive' military actions against Lebanese targets but reserves the right to take 'all necessary self-defense measures' at any time against planned, imminent, or ongoing attacks. The Lebanese government will take concrete measures to prevent Hezbollah and other 'illegal non-state armed groups' within Lebanon from launching attacks against Israeli targets. (Xinhua News Agency)

U.S. State Department: Ceasefire Between Israel and Lebanon Can Be Extended, Israel Retains Right to Self-Defense

On April 17, the Federal Reserve announced that as of the week ending April 15, the volume of U.S. commercial paper has increased. The seasonally adjusted commercial paper balance rose by $51.1 billion in the latest week, reaching $1.413 trillion. The unadjusted commercial paper balance increased by $26.6 billion to $1.437 trillion. The unadjusted commercial paper balance for foreign financial institutions rose by $10.2 billion to $361.8 billion.

[Federal Reserve: Increase in U.S. Commercial Paper Volume]On April 17, the Federal Reserve announced that as of the week ending April 15, the volume of U.S. commercial paper has increased. The seasonally adjusted commercial paper balance rose by $51.1 billion in the latest week, reaching $1.413 trillion. The unadjusted commercial paper balance increased by $26.6 billion to $1.437 trillion. The unadjusted commercial paper balance for foreign financial institutions rose by $10.2 billion to $361.8 billion.

Federal Reserve: Increase in U.S. Commercial Paper Volume

June 23 (Huobi) - XRP, Ripple's native cryptocurrency, is experiencing a surge in price due to positive sentiments from the ongoing legal battle with the SEC and Ripple's global expansion. Despite a recent correction, XRP has outperformed Bitcoin and Ethereum in the last 90 days, with a 45% increase year-to-date. Ripple is also supporting the launch of Central Bank Digital Currencies, including the Central Bank of Montenegro and the Central Bank of Brazil's plan to launch a CBDC in 2024.

[XRP Price Surge Backed by Legal Battle and Global Expansion: Outperforming Bitcoin and Ethereum]June 23 (Huobi) - XRP, Ripple's native cryptocurrency, is experiencing a surge in price due to positive sentiments from the ongoing legal battle with the SEC and Ripple's global expansion. Despite a recent correction, XRP has outperformed Bitcoin and Ethereum in the last 90 days, with a 45% increase year-to-date. Ripple is also supporting the launch of Central Bank Digital Currencies, including the Central Bank of Montenegro and the Central Bank of Brazil's plan to launch a CBDC in 2024.

XRP Price Surge Backed by Legal Battle and Global Expansion: Outperforming Bitcoin and Ethereum

Article

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edge currently trades at 1.212 USDT, up 20.10% in 24h, according to HTX market data.

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XRP Price Surge Backed by Legal Battle and Global Expansion: Outperforming Bitcoin and Ethereum

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