Crypto’s free-wheeling firms lured millions. FTX revealed the dangers.
Synopsis by MarketWatch Nov 16 22
The implosion of crypto exchange FTX is about to come in for more scrutiny in Washington, with a key House committee announcing a hearing and Treasury...Read full article 
Washington Post: Crypto’s free-wheeling firms lured millions. FTX revealed the dangers.
Story Details
| Last Updated | Nov 16 22 |
| Total Articles | 2 |
Main Topics
currency primarily managed, stored or exchanged on digital computer systems, especially over the Internet
News on this topic
FTX collapse to come under Washington spotlight as hearing planned; Yellen calls for better crypto oversight
marketwatch.com/story/ftx-collapse-to-come-under-washington-spotlight-as-hearing-planned-yellen-calls-for-better-crypto-oversight-11668632171
More news on this subject
Previous
FTX collapse to come under Washington spotlight as hearing planned; Yellen calls for better crypto oversight
marketwatch.com/story/ftx-collapse-to-come-under-washington-spotlight-as-hearing-planned-yellen-calls-for-better-crypto-oversight-11668632171
Yellen Says Nothing Off Table in Response to China Overcapacity: Treasury Secretary Janet Yellen said the US wouldn’t take “anything off the table” in response ...
bloomberg.com/news/articles/2024-04-14/yellen-says-nothing-off-table-in-response-to-china-overcapacity
Paid articlePaid
Yellen calls Republican delays in approving Ukraine aid inexcusable: U.S. Treasury Secretary Janet Yellen on Wednesday underscored the Biden administration's ...
reut.rs/3xGLYwS
US Set to Ring Alarm Bells Over Chinese Industry on World Stage: US Treasury Secretary Janet Yellen warned China’s leaders that the nation’s manufacturing power ...
bloomberg.com/news/articles/2024-04-12/us-set-to-ring-alarm-bells-over-chinese-industry-on-world-stage
Paid articlePaid Yellen Meets Japan, South Korea Finance Ministers to Discuss Finance Cooperation: US Treasury Secretary Janet Yellen took note of worries between her Japanese ...
bloomberg.com/news/articles/2024-04-17/us-japan-south-korea-triad-extends-to-finance-in-yellen-sitdown
White House to announce new sanctions on Iran following Israel airstrike: White House will be imposing new sanctions on Iran, targeting Tehran’s missile and ...
thehill.com/homenews/administration/4598643-white-house-to-announce-new-sanctions-on-iran-following-israel-airstrike/
Quick Glance: The Night Iran's Missile Show Rattled Israel
- In Tehran, 'Operation True Promise' launched an unprecedented aerial assault on Israel.
- The direct clash between powerful militaries showcased Israel's defense and Iran's display of power.
- Despite minor damages and injuries, the question remains whether this attack signifies further escalation or the start of a war.
- The missile and drone strikes resulted in minimal damage, with Israel and allies successfully intercepting most projectiles.
Yellen, China’s He Agree to Talks Aimed at ‘Balanced Growth’: US Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng agreed to set in motion ...
bloomberg.com/news/articles/2024-04-06/yellen-china-s-he-commit-to-talks-focused-on-balanced-growth
Paid articlePaid Yellen Delivers Sharp Message to China’s Leaders With a Smile: US Treasury Secretary Janet Yellen will meet China’s central bank chief and former economic czar ...
bloomberg.com/news/articles/2024-04-07/yellen-advances-us-china-ties-despite-tough-criticism-on-exports
Paid articlePaidQuick Glance: China and U.S. to Engage in Intensive Talks on Economic Balance
- US Treasury Secretary Janet Yellen announced intensive talks with China to address America's competitive disadvantages.
- Both sides will engage in intensive discussions on balanced economic growth and initiate exchanges on combating money laundering.
- Yellen emphasized the importance of addressing American concerns regarding overcapacity in Chinese production.
- The meetings will be held under existing economic and financial working group frameworks to address balanced growth and money laundering.
Bloomberg New Economy: China Heads Down Japan’s Troubled Macro-Policy Path: The argument that China is following in Japan’s three-decade old footsteps down the ...
bloomberg.com/news/newsletters/2024-04-13/bloomberg-new-economy-china-heads-down-japan-s-troubled-macro-policy-path
Yellen Heads to China This Week to Press Beijing on Overcapacity: US Treasury Secretary Janet Yellen will this week travel to China for the second time in nine ...
bloomberg.com/news/articles/2024-04-02/yellen-heads-to-china-this-week-to-press-beijing-on-overcapacity
Paid articlePaid IMF Steps Up Its Warning to US Over Ballooning Debt
bloomberg.com/news/articles/2024-04-16/imf-steps-up-its-warning-to-us-over-ballooning-debt
Paid articlePaid
U.S. to hit Iran with fresh sanctions after Israel attack: It's a subtle message to Israel that there's more than one way to harm Tehran.
axios.com/2024/04/16/iran-sanctions-israel-biden-yellen
Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities
- Treasury Secretary Janet Yellen warned of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's 'malign and destabilizing activity' in the region.
- The fast-rising tensions between Iran and Israel and the potential implications of escalation on the global economy are at the forefront of the spring meetings of the International Monetary Fund and World Bank.
- Yellen announced additional sanctions actions against Iran in the coming days and expressed support for liquidating roughly $300 billion in frozen Russian Central Bank assets for Ukraine's reconstruction.
- Another major focus of this year's meetings will be Chinese industrial policy, which Yellen believes poses a threat to U.S. jobs and the global economy. She plans to meet with Chinese counterparts to identify potential areas of cooperation and address concerns.
Yellen Waves Yellow Flag as China’s EV Sector Keeps Up Expansion: China’s leading EV makers and suppliers are pressing ahead in the face of a global slowdown ...
bloomberg.com/news/newsletters/2024-04-08/yellen-waves-yellow-flag-as-china-s-ev-sector-keeps-up-expansion
Yellen Threatens Sanctions for China Banks That Aid Russia’s War: US Treasury Secretary Janet Yellen wrapped up four days of talks in China with a warning to the ...
bloomberg.com/news/articles/2024-04-08/yellen-threatens-sanctions-for-china-banks-that-aid-russia-s-war
Paid articlePaid Cordial: The Bloomberg Open, Asia Edition: Good morning. Yellen and China's He keep it polite. Beijing is said to step up support to Russia ...
bloomberg.com/news/newsletters/2024-04-07/cordial-the-bloomberg-open-asia-edition
Paid articlePaid U.S. to hit Iran with fresh sanctions after Israel attack: It's a subtle message to Israel that there's more than one way to harm Tehran.
axios.com/2024/04/16/iran-sanctions-israel-biden-yellen
US, China Have Stabilized Relations Over Past Year, Yellen Says: US and China have put their bilateral relationship on a “more stable footing” over the past year ...
bloomberg.com/news/articles/2024-04-07/us-china-have-stabilized-relations-over-past-year-yellen-says
Paid articlePaid Yellen Chides China Over ‘Coercive’ Moves Against US Firms: Treasury Secretary Janet Yellen chided China for “unfair” treatment of American and other foreign ...
bloomberg.com/news/articles/2024-04-05/yellen-starts-china-tour-with-warning-on-factory-overcapacity
Paid articlePaid What about China’s overcapacity?: China says its industries are simply more competitive
reut.rs/3Jez5fP
Would America dare to bring down a Chinese bank?: Janet Yellen promises sanctions for those supporting Vladimir Putin’s war
economist.com/finance-and-economics/2024/04/10/would-america-dare-to-bring-down-a-chinese-bank
Yellen Sounds Alarm on China ‘Global Domination’ Industrial Push: US Treasury Secretary Janet Yellen slammed China’s use of subsidies to give its manufacturers ...
bloomberg.com/news/articles/2024-03-27/yellen-sounds-alarm-on-china-roiling-world-with-industry-ramp-up
Paid articlePaidQuick Glance: Yellen Warns of China's 'Global Domination' Industrial Push
- US Treasury Secretary Janet Yellen criticized China's use of subsidies to give its manufacturers in key industries a competitive advantage and plans to address the issue in an upcoming visit.
- Yellen highlighted China's desire to achieve global dominance in electric cars, batteries, and solar energy. She spoke during the reopening of a US solar-cell manufacturing facility in Georgia that closed in 2017 due to cheap imports.
- The US government is not considering retaliatory trade actions against China for subsidies but aims to find constructive solutions. Yellen plans to address the issue of overcapacity in China during her next visit.
- China is experiencing significant growth in new industries like solar, electric vehicles, and lithium-ion batteries. Yellen emphasized the harm to American companies from China's surplus and praised the Biden administration's efforts to build up the domestic renewable energy industry.
Five Things You Need to Know to Start Your Day: Asia: Yellen to wrap up four-day China trip. Oil heads for $100 a barrel. Chinese investment into Australia ...
bloomberg.com/news/newsletters/2024-04-07/five-things-you-need-to-know-to-start-your-day-asia
Would America dare to bring down a Chinese bank?: Janet Yellen promises sanctions for those supporting Vladimir Putin’s war
economist.com/finance-and-economics/2024/04/10/would-america-dare-to-bring-down-a-chinese-bank
After issuing factory capacity warning to China, Yellen faces tariff decisions: U.S. Treasury Secretary Janet Yellen hammered home a stern warning to China's ...
reut.rs/3VVrytY
Five Things You Need to Know to Start Your Day: Asia: Good morning. Wells Fargo becomes Wall Street’s biggest equity bull. Yellen offers China a blunt warning ...
bloomberg.com/news/newsletters/2024-04-08/five-things-you-need-to-know-to-start-your-day-asia
U.S., China to hold more financial shock exercises, Treasury officials say: The U.S. and China are deepening cooperation on financial stability issues, U.S ...
reuters.com/business/finance/us-china-hold-more-financial-shock-exercises-treasury-officials-say-2024-04-08/
Yellen meets with China's central bank chief, presses case on excess capacity: U.S. Treasury Secretary Janet Yellen warned China on Monday that Washington will ...
reuters.com/world/yellen-meets-with-chinas-central-bank-chief-presses-case-excess-capacity-2024-04-08/
Five Things You Need to Know to Start Your Day: Americas: Good morning. US stock futures are muted after a strong close on Friday, while treasuries drop as ...
bloomberg.com/news/newsletters/2024-04-08/five-things-you-need-to-know-to-start-your-day-americas
Yellen faces tough road on China's excess capacity problem: U.S. Treasury Secretary Janet Yellen arrives in China's southern factory hub of Guangzhou on Thursday ...
reut.rs/3VMTzEc
Janet Yellen's Visit to China: Key Stocks and Sectors for Traders to Watch: US Treasury Secretary Janet Yellen’s mission to address the threat of cheap ...
bloomberg.com/news/articles/2024-04-05/a-trader-s-guide-to-chinese-stocks-in-spotlight-as-yellen-visits
Paid articlePaid
Janet Yellen says tariffs are on the table to stop a 'China Shock' as official urges U.S. not to 'politicize'
qz.com/janet-yellen-china-competition-ev-solar-clean-energy-1851394510
Yellen launches contentious meetings on Chinese excess production threat: U.S. Treasury Secretary Janet Yellen on Friday kicks off four days of talks with senior ...
reut.rs/3U26mB8
China’s Economic Moves Threaten U.S., European Companies. Yellen Is Pushing Back.
barrons.com/articles/china-yellen-trade-u-s-b5d0be62
Paid articlePaid Treasury Secretary Janet Yellen Thinks Global, Eats Local on Road Trips: We already know Janet Yellen’s ideal lunch date: the late, legendary English economist ...
bloomberg.com/news/articles/2024-04-01/yellen-s-road-trips-have-a-theme-think-global-eat-local
Paid articlePaid China's overcapacity is here to stay: China's factories will keep chugging along, regardless of what overseas officials like Janet Yellen say. On Monday the U.S ...
reuters.com/breakingviews/chinas-overcapacity-is-here-stay-2024-04-09/
Bitcoin is about to hit an event called the halving — and it may spark a huge rally
npr.org/2024/04/16/1244173751/bitcoin-halving-rally-crypto
Biden’s polite Trumpism on China: Communication matters precisely because the structural problem between the pair is probably insoluble
ft.com/content/da53d88b-1630-4b59-a2c6-11a848fb8d05
Oversupply in China: People use solar systems as fences: China is flooding the global market with solar systems. Prices have fallen so much that people are using ...
businessinsider.de/wirtschaft/international-business/ueberangebot-in-china-menschen-nutzen-solaranlagen-als-zaeune/
China's Solar Manufacturing Boom: Market Forces, Not Words, Can Fix Overcapacity
bloomberg.com/news/newsletters/2024-04-09/china-s-solar-manufacturing-boom-market-forces-not-words-can-fix-overcapacity
Scoop: Treasury wants "sharper scalpel" to dissect foreign investment into the U.S.
axios.com/2024/04/11/cfius-foreign-investment-treasury-review
Yellen: It’s ‘neither practical nor desirable’ to cut off economic relations with China
thehill.com/business/4576479-yellen-economic-relations-china-trip/
Stock Markets Today: Yellen threatens sanctions, US rate-cut bets: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-09/stock-markets-today-yellen-threatens-sanctions-us-rate-cut-bets
Janet Yellen defends herself against Chinese dumping practices: At the end of her four-day visit to China, the US Treasury Secretary once again accuses the ...
nzz.ch/wirtschaft/heikle-china-mission-janet-yellen-prangert-chinas-industriepolitik-an-will-aber-die-beziehungen-zu-peking-verbessern-ld.1825347
US and China plan talks on economic growth including manufacturing ‘overcapacity’ issue, Yellen says
apnews.com/article/us-china-yellen-economics-trade-tariffs-diplomacy-cb17ca4ed180e9b2d30ac5cdc12e1cb0
Quick Glance: US and China Reach Accord on New Talks for 'Balanced' Economic Growth
- The United States and China have agreed to hold 'intensive exchanges on balanced growth', as stated by the US Treasury Department, following two days of discussions between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.
- These planned talks signify the latest advancement in joint efforts to stabilize relations between the world's top two economies since a meeting between Presidents Joe Biden and Xi Jinping last November.
- Yellen emphasized that these exchanges will facilitate a discussion on macroeconomic imbalances, including the link to overcapacity, and her intention to advocate for a fair playing field for American workers and companies.
- The US Treasury Secretary cautioned against China's overcapacity risks and highlighted the importance of dialogue to avoid potential conflicts, noting progress in the talks and the structured continuation of discussions as crucial.
Yellen faces tough road on China's excess capacity problem: U.S. Treasury Secretary Janet Yellen arrives in China's southern factory hub of Guangzhou on Thursday ...
reuters.com/business/energy/yellen-faces-tough-road-chinas-excess-capacity-problem-2024-04-04/
Janet Yellen tackles China over flood of cheap goods: Janet Yellen has kicked off her second visit to China as US treasury secretary with a warning of the risk ...
cnn.com/2024/04/04/business/yellen-us-china-economic-relations-hnk-intl/
Quick Glance: Yellen Warns China of Overproduction Risks
- Janet Yellen has warned China during her second visit as US Treasury Secretary about the risks to jobs and businesses posed by the overproduction of certain goods.
- Yellen highlighted the consequences of the overcapacity of Chinese goods in key industries such as electric vehicles and solar panels, stating that this could impact American firms, workers, and companies globally.
- She discussed potential trade barriers that could be considered if China does not respond to warnings about overcapacity, emphasizing that China is flooding the global market with cheap, state-subsidized products.
- Yellen emphasized the importance of a level playing field for companies and workers in both countries and continued her discussions on bilateral cooperation in areas such as climate change and financial stability with Chinese counterparts.
US criticism of Chinese overcapacity rehashes 'China threat' rhetoric, Xinhua says
reuters.com/world/china/us-criticism-chinese-overcapacity-rehashes-china-threat-rhetoric-xinhua-says-2024-04-06/
Biden and Xi discuss Taiwan, AI and fentanyl in a push to return to regular leader talks
apnews.com/article/biden-xi-china-yellen-ai-taiwan-fentanyl-c3317fae3e45b04cffcda5bb63adee56
US fears Russia is beginning to see signs of fatigue among Ukraine's allies: US Treasury Secretary Janet Yellen has said that the United States and the G7 ...
pravda.com.ua/eng/news/2024/04/17/7451651/
Five Things You Need to Know to Start Your Day: Asia: Good morning. Joe Biden and Xi Jinping spoke by phone. Stocks and bonds dropped around the globe ...
bloomberg.com/news/newsletters/2024-04-02/five-things-you-need-to-know-to-start-your-day-asia
Yellen Chides China Over ‘Coercive’ Moves Against US Firms: Treasury Secretary Janet Yellen chided China for “unfair” treatment of American and other foreign ...
bloomberg.com/news/articles/2024-04-05/yellen-starts-china-tour-with-warning-on-factory-overcapacity
Paid articlePaid Live news: S&P 500 notches first gain of the second quarter
ft.com/content/865df161-53fc-4e28-b383-999428800c6c
China to make macro policies more consistent, state media reports, citing premier
reuters.com/world/china/china-make-macro-policies-more-consistent-state-media-reports-citing-premier-2024-04-08/
Biden to Host Japanese & Filipino Leaders as Nations Hold War Games in South China Sea
democracynow.org/2024/4/8/headlines/biden_to_host_japanese_filipino_leaders_as_nations_hold_war_games_in_south_china_sea
Quick Glance: Biden emphasizes US support for Philippines and Japan
- President Joe Biden reinforced the unwavering U.S. defense commitment to Pacific allies.
- The Philippines and China have faced repeated confrontations in the disputed South China Sea.
- The White House highlighted the significance of the first-ever trilateral summit with Japan and the Philippines as a response to China's attempts at "intimidation".
- The United States, the United Kingdom, and Japan announced joint military exercises in the Indo-Pacific for 2025.
Biden’s China tariff threats are more bark than bite, economists say: Trump imposed a series of tariffs on China in 2018, many of which Biden has upheld ...
cnbc.com/2024/04/11/bidens-china-tariff-threats-are-more-bark-than-bite-economists-say.html
The China pushback uniting major world powers: Large economies have taken aim at cheap products from subsidized Chinese industries.
axios.com/2024/04/07/china-subsidies-green-tech
‘Significant consequences’ if Chinese firms help Russia’s war in Ukraine, US’s Yellen warns
politico.eu/article/janet-yellen-us-china-antony-blinken-nato-ukraine-russia-war/
Charted: Sacrifices people make to afford rent or mortgage payments: A striking share of renters and homeowners across the U.S. are skipping essentials like ...
axios.com/2024/04/06/housing-rent-mortgage-sacrfices-redfin-report-2024
Free trade or flooding the market? US warns China against surplus exports.: China and the U.S. share a desire to stabilize relations, but a recent trip by the U ...
csmonitor.com/World/Asia-Pacific/2024/0408/Free-trade-or-flooding-the-market-US-warns-China-against-surplus-exports
Paid articlePaid Will China flood globe with EVs, green tech? What's behind latest US-China trade fight
apnews.com/article/china-electric-cars-green-technology-janet-yellen-9901c54cea8e8ee823fa2290c4d719d8
Yellen's China Visit: Treasury Chief Hammers Overcapacity, Support of Russia
bloomberg.com/news/articles/2024-04-08/yellen-s-china-visit-treasury-chief-hammers-overcapacity-support-of-russia
Paid articlePaid
Janet Yellen says she won't rule out possible tariffs on China's green exports: Treasury Secretary Janet Yellen said Monday that she would not rule out any ...
cnbc.com/2024/04/08/yellen-says-she-wont-rule-out-possible-tariffs-on-chinas-green-exports.html
US expects to hit Iran with new sanctions ‘in the coming days’ — Yellen: Yellen said Iran’s oil exports “remain in focus as a possible area” ...
saudigazette.com.sa/article/642145
EU's von der Leyen echoes Yellen's calls for tough stance on Chinese overcapacity
cnbc.com/2024/04/09/eus-von-der-leyen-echoes-yellens-calls-for-tough-stance-on-chinese-overcapacity.html
Commentary: US is rejecting 200 years of economics to block China clean tech: US Treasury Secretary Janet Yellen’s plan is a protectionist disaster that will ...
channelnewsasia.com/commentary/us-china-competition-oversupply-green-tech-climate-4252826
“Expand or die”: China’s solar companies now also want Western government aid: China is flooding the world with cheap, heavily subsidized solar modules ...
n-tv.de/wirtschaft/Chinas-Solarfirmen-wollen-jetzt-auch-westliche-Staatshilfen-article24873356.html
US-China trade war is set to intensify, China Beige Book COO says: The US could see a trade war with China that surpasses the level of aggression seen during the ...
businessinsider.com/us-china-trade-war-tariffs-economy-election-janet-yellen-manufacturing-2024-4
China's first quarter was its slowest for EV sales growth in a year: Automakers have been aggressively introducing incentives and slashing prices to strengthen ...
qz.com/china-ev-sales-slow-q1-byd-tesla-competition-1851397305
China says innovations, not subsidies, are powering EV edge as Yellen raises 'overcapacity' concerns
cnbc.com/2024/04/08/china-says-constant-innovations-not-subsidies-behind-its-ev-edge-.html
China carefully scrutinizes U.S. envoy’s ... chopstick skills?: The breathless state media coverage of Janet Yellen’s dining choices underlines how Beijing sees ...
washingtonpost.com/world/2024/04/05/janet-yellen-china-chopsticks/
Yellen Junks 200 Years of Economics to Block China Clean Tech: The Treasury secretary’s plan is a protectionist disaster that will impede the path to net zero.
trib.al/8MtMxLu
Exclusive | Janet Yellen Missed the First ‘China Shock.’ Can She Stop the Second?
wsj.com/politics/policy/janet-yellen-missed-the-first-china-shock-can-she-stop-the-second-b27d28e5
US Treasury Chief Yellen calls for ‘level playing field’ for US firms in China visit
english.alarabiya.net/News/world/2024/04/05/us-treasury-chief-yellen-calls-for-level-playing-field-for-us-firms-in-china-visit
China is offloading its economic woes on the world: China is framing the West's concerns about overcapacity as protectionism and as moves aimed at curtailing the ...
businessinsider.com/china-economy-overcapacity-dumping-manufacturing-exports-economic-woes-world-yellen-2024-4
Yellen Is Back in China. What She Could Actually Accomplish.: There is very little the U.S. could do to punish China without imposing costs on our economy ...
on.barrons.com/4atfswQ
CNBC Daily Open: Risk aversion in vogue: Some of the usual safe haven suspects have been suspiciously popular this week.
cnbc.com/2024/04/05/cnbc-daily-open-risk-aversion-in-vogue.html
Janet Yellen's China Talks Were Worthy Attempt at Detente: Although renewed US-China dialogue may look like talks for the sake of talking ...
bloomberg.com/opinion/articles/2024-04-08/janet-yellen-s-china-talks-were-worthy-attempt-at-detente
China is pumping out solar panels, creating global gut and tanking prices: US Treasury Secretary Janet Yellen is set to discuss industrial overcapacity with top ...
businessinsider.com/china-flood-solar-panel-cell-market-garden-fence-overcapacity-yellen-2024-4
Paid articlePaid US-China: Yellen's Steel Argument Will Hurt Clean Technology: No amount of protectionism can bring this sector back to its heyday. Now the argument is being ...
bloomberg.com/opinion/articles/2024-04-02/us-china-yellen-s-steel-argument-will-hurt-clean-technology
Paid articlePaid Y Combinator invites alums to invest in new funds: The strategy is a somewhat bold move in the current fundraising environment.
axios.com/2024/04/06/ycombinator-funds-alumi-investing
'All options' on table as US readies fresh Iran sanctions after Israel attack
al-monitor.com/originals/2024/04/all-options-table-us-readies-fresh-iran-sanctions-after-israel-attack
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics