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#USHouseMarketStructureDraft The two relevant committees in the U.S. House of Representatives have released a discussion draft of the legislation they hope will establish a regulatory regime for cryptocurrency in the U.S. Built on the back of the previous effort known as FIT21, this version also aims to set clear boundaries between the crypto jurisdictions of the Commodity Futures Trading Commission and the Securities and Exchange Commission. The bill will be the starring attraction at a joint hearing on Tuesday.
During this session, FOMC will consider whether changes to the interest rates are necessary, which could impact the direction of the US monetary policy. The current rates of 4.25% to 4.5% remain unchanged since December 2024. #FOMCMeeting
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