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US Federal Reserve bank at the helm of CBDC research effort appoints new president

The seat became vacant in September 2021, when the then-president Eric Rosengren expedited his retirement amid controversy around his securities trading while in office. Collins, who is Jamaican-American, will become the first Black woman in the Fed’s history to lead a Federal Reserve Bank. She will assume office on July 1.

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Source: Cryptocurrency - investing.com

1 in 3 young adults will see an average $800 tax credit boost this year

Kellogg may raise prices again in 2022 as it sees 'double-digit cost inflation,' says CEO