Solid Intel ๐Ÿ›ฐ
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Solid Finance & Crypto Intel news channel to keep you updated regarding all important market updates

Twitter: https://x.com/solidintel_x
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INTEL: The U.S. opened an investigation into John Daghita over allegations he stole more than $40M from the government while his father was contracted to manage seized crypto assets
https://x.com/solidintel_x/status/2015951362115166229
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INTEL: WHITE HOUSE TO GATHER BANKING AND CRYPTO INDUSTRY EXECUTIVES ON MONDAY TO DISCUSS STALLED SENATE CRYPTO BILL

MEETING WILL FOCUS ON ABILITY OF CRYPTO COMPANIES TO PAY INTEREST, REWARDS ON STABLECOIN HOLDINGS
https://x.com/solidintel_x/status/2016588302485176822
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INTEL: Powell remarks

-Well positioned to determine extent, timing of additional rate adjustments
-Policy not on preset course
-Attended Cook's Supreme Court case as it is the most important legal case in Fed's history
-Asked about Jan 11 video statement, says won't expand on that
https://x.com/solidintel_x/status/2016597057767698609
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INTEL: Powell remarks

-Asked about raising rates: it's not anybody's base case
-US debt is not unsustainable, the path of US debt is uncontroversially unsustainable
-Government shutdown effects should be reversed this quarter
https://x.com/solidintel_x/status/2016601497593598246
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INTEL: Powell remarks

-Don't take much message from rise in price for gold
-Argument could be made we're losing credibility but that's not the case
-Don't take much macro message from precious metals though we do monitor them
https://x.com/solidintel_x/status/2016605593276969232
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