

Monetary McFly 🪰
15.4K posts

@Monetaryguy589
Buzzing around the monetary ledgers - especially the digital ones 🏦🔜📱




As Chair Jerome H. Powell's term as chair concludes, and with the swearing in of Kevin M. Warsh as his successor pending, the Federal Reserve Board on Friday named Powell as chair pro tempore. This temporary action to name the incumbent as chair pro tempore is consistent with past practice during similar transitions between chairs. Powell will serve as chair pro tempore until Warsh is sworn in as the new chair. federalreserve.gov/newsevents/pre…


NEW: Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks

🚨 DTCC's Nadine Chakar just Confirmed the July 13, 2026 soft launch for U.S. Asset Tokenization, where #Ripple Prime is positioned within the framework; stating the firm custodies around $115 trillion, processes 1.4M in securities, and settles roughly $4 quadrillion annually 🥧


🔥 JUST IN: BlackRock has filed with the SEC to launch a second tokenized fund called the “BlackRock Daily Reinvestment Stablecoin Reserve Vehicle” in partnership with Securitize.






Rate path now vs before the Iran war started




Jerome Powell announces the Federal Reserve will start "temporarily" buying $40B of T-bills per month🚨 This isn't QE, it's a sign liquidity in the banking system is too tight. This is how the Fed engineers a crisis, when the real QE begins. Keep an eye on REPO, SOFR volume.