Brenda Gentry, a former USAA mortgage underwriter from Texas, believes that the cryptocurrency ecosystem offers a fighting chance to overcome the generational curse of poverty.  Gentry, a.k.a. MsCryptoMom, left her decade-long job as a banker to pursue a full-time crypto career as her initial investments from early 2020 confirmed the “unprecedented opportunities offered by crypto.”
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In this article MSTR MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Shares of MicroStrategy tumbled 17.8% Friday afternoon after the U.S. Securities and Exchange Commission reportedly rejected the company’s
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The White House is urging cities and towns to set up infrastructure coordinators to take advantage of the Infrastructure Investment and Jobs Act. White House Infrastructure Coordinator Mitch Landrieu, speaking Friday at the U.S. Conference of Mayors’ winter meeting, said local officials should appoint advisors and task forces to coordinate with state and federal agencies
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WASHINGTON — The Federal Reserve released a long-awaited report examining the potential ramifications of issuing a digital version of the U.S. dollar, saying it would not create one without a clear directive from elected officials. The 40-page report, released Thursday, coincides with a request for feedback from the Fed on the impact of a hypothetical
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President Biden’s intentions to split up his Build Back Better bill after Sen. Joe Manchin ended its hopes of passing last month offers public finance advocates new hope for the inclusion of advance refunding, a bank-qualified expansion and a direct-pay bond program in the resulting legislation. In a press conference Wednesday, Biden said he now
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Municipals faced another weaker day with benchmark yield curves seeing two to four basis point cuts, underperforming a slightly better U.S. Treasury market, while equities ended in the red. Munis played catch up to the large selloff in Treasuries since Friday, holding municipal to UST ratios steady. The five-year was at 54%, 68% in 10
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Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 14, 2021. Bill Clark | Bloomberg | Getty Images Securities and Exchange Commission Chairman Gary Gensler said Wednesday that the regulator is eyeing tighter disclosure deadlines for hedge
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The Municipal Securities Rulemaking Board has launched EMMA Labs, its “innovation sandbox” that aims to enhance and accelerate the use of data analytics throughout the municipal securities market. The platform builds off of data submitted through EMMA and with the roll out of the platform, launches two “Active Labs,”: a keyword search engine that sources
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U.S. District Court Judge Laura Taylor Swain approved the Plan of Adjustment for Puerto Rico’s central government bonds and obligations Tuesday afternoon, setting the stage for the commonwealth to exit bankruptcy after more than four years of intense negotiations over its massive debts. The action sets the restructuring terms for about $33 billion of debts
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