PANews reported on November 10th that, according to Wall Street News, U.S. Treasury Secretary Bessant stated that President Trump's proposal that Americans could receive at least $2,000 in tariff "bonuses" could be realized through tax cuts passed earlier this year in his landmark economic policy bill. Bessant made these remarks on ABC's This Week program when asked about a post Trump made on social media earlier Sunday. In the post, Trump mocked those opposed to tariffs, claiming he would give everyone at least $2,000 in bonuses, excluding high-income earners.

Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion dollar growth over the next five years will help push down interest rates. A growing demand for US dollar-tied crypto stablecoins could help push down the interest rate, says US Federal Reserve Governor Stephen Miran.The Donald Trump-appointed Miran told the BCVC summit in New York on Friday that the dollar-pegged crypto tokens could be “putting downward pressure” on the neutral rate, or r-star, that doesn’t stimulate or impede the economy.If the neutral rate drops, then the central bank would also react by dropping its interest rate, he said.Read more

