Browsing Tag
White House
8 posts
White House: Bitcoin Mining Significantly Strains the Power Grid
According to a report from Fox Business’ Charles Gasparino, the White House has claimed that Bitcoin mining places…
Biden Administration Announces Student Loan Payment Cuts for Millions
The Biden administration announced a major overhaul of federal student loan repayment options on Tuesday, looking to ease…
White House Says 8 Million Jobs Will Be Lost if US Defaults on its Debt
According to a recent analysis report by White House economists, a further breach of the nation’s borrowing limit could…
White House Proposes 30% Tax on Electricity Used for Bitcoin and Crypto Mining
The White House has officially introduced a proposed 30% tax on electricity used for Bitcoin mining. Specifically, the…
BRICS: China Wants to Weaken the US Dollar, White House Says
In a statement issued today, White House economist, Jared Bernstein says there is “some evidence” that China wants…
Silicon Valley Bank is Not a Bailout, Says White House
California officials recently shut down the Silicon Valley Bank (SVB). It all started when multiple concerns regarding the…
White House Report Says Crypto Mining Causes Greenhouse Gas Emissions
The White House released a report on the “Climate and energy implications of crypto assets in the United…
President Joe Biden To Cancel $10K in Student Debt and $20K for Pell Grants
President Joe Biden intends to announce a student and pell grant debt relief program for millions of Americans. …