The SEC Crypto Asset Task Force will host a Financial Regulation and Privacy Roundtable on October 17th.
September 9th. As per official channels, the SEC's Crypto Asset Working Group announced that it will convene a public roundtable on financial regulation and privacy on Friday, October 17th, commencing from 1:00 pm to 4:00 pm at the SEC headquarters.
Following the prior "Spring Accelerate Crypto Clarity" series of roundtable meetings, along with the President's Executive Order on Digital Assets and the President's Working Group on Financial Markets report, Commissioner Hester M. Peirce instructed the Crypto Asset Working Group to undertake additional measures to safeguard economic freedom while advancing America's preeminence in digital assets and fintech. This roundtable on financial regulation and privacy is intended to explore technologies that safeguard individual privacy and engage in a comprehensive discussion on financial regulatory policies. The roundtable is accessible to the public and will take place at the SEC headquarters located at 100 F Street, Washington, DC.
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CleanCore Spends $68 Million to Buy Dogecoin, Stock Price Surges 40% in After-Hours Trading
On September 9th, as reported by The Block, CleanCore Solutions (stock code: ZONE) stated on Monday that the company has purchased 285,420,000 Dogecoins (DOGE), with a value of approximately 68 million US dollars, thus establishing the largest Dogecoin Digital Asset Treasury (DAT) within "less than a week".
The statement asserted that the establishment of this treasury was "aimed at anticipating the utility enhancement and adoption growth driven by the newly formed business unit House of Doge of the Dogecoin Foundation." CleanCore also indicated that the company plans to accumulate up to 1 billion DOGE within the next 30 days.
Last week, House of Doge announced a partnership with CleanCore, a company listed on the New York Stock Exchange, to jointly establish the "Official Dogecoin Treasury" and is scheduled to support token acquisitions through a $175 million PIPE financing.
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The Trump administration is planning to release a report criticizing the Bureau of Labor Statistics in the near future.
September 9th: As reported by The Wall Street Journal, according to sources, advisors to President Trump are in the process of preparing a report that details the flaws in the employment data of the Bureau of Labor Statistics. This comes after President Trump removed the head of the U.S. Labor Statistics Bureau five weeks ago. The report offers a critical analysis of the Bureau of Labor Statistics and outlines the history of revisions to its employment data. The Trump administration is contemplating releasing this research report drafted by the Council of Economic Advisers in the upcoming weeks. The U.S. Bureau of Labor Statistics is scheduled to release its annual non-farm benchmark revision data tonight (September 9th). (Forex)
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Democratic Lawmakers Call for Milan to Resign from White House Advisory Role
September 9: The Democratic members of the U.S. Senate Banking Committee have made a request. Before any further steps are taken to promote his nomination to the Federal Reserve, Mark Milley is required to commit to resigning from his position as the White House Chief Economic Advisor by September 8. During last week's nomination confirmation hearing, Milley stated that he only needs to take unpaid leave from the White House Economic Advisory Board because his position at the Federal Reserve will only last until the end of January next year.
Democratic senators have pointed out that Milley's term may be longer, depending on the time needed to confirm his successor. And his dual role as a Federal Reserve Governor and a Trump advisor creates a potential conflict. Democratic members stated in a letter to Milley: "The idea that you can independently evaluate monetary policy and financial regulation is ridiculous. Without such a commitment, we believe the committee should not move forward
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