Senate Finance Committee
Janet Yellen: The Banking System is Stable after the "Decisive" Actions taken
"The US banking system remains stable and Americans can feel confident that their deposits will be available when they are needed, thanks to the 'decisive and strong' action taken after Silicon Valley Bank's (SVB) failure to deal with the outflow of deposits at its end last week," Treasury Secretary Janet Yellen told the Senate Finance Committee, Reuters reported.
US Senate confirms Yellen as first female Treasury secretary
The U.S. Senate on Jan. 25 voted by a wide margin to confirm Janet Yellen as the first woman to lead the Treasury Department, giving her a key role in Congress negotiations over a huge COVID-19 economic relief package.
Residents of Arizona will be Able to Pay their Taxes in Bitcoins
Arizona may become the first US state, residents are expected to soon be given the opportunity to pay their taxes in bitcoins and other cryptocurrency. The Daily Express announced that the bill was passed by the Senate last week. This bill received the support of 16 senators, 13 of whom voted against, and the document was adopted.