‍Fed Official Harker Signals Higher Neutral Rates, Citing Inflation Data Issues Federal Reserve official Christopher Harker suggested the neutral interest rate may be higher than anticipated. He also noted that November's Consumer Price Index (CPI) data could be misleading due to technical disruptions. Harker's assessment implies the Fed may maintain a restrictive stance longer. For digital assets like Bitcoin (BTC) and Ethereum (ETH), this could mean a more challenging environment. He stated that "the economy appears poised for continued strong growth, and the neutral rate may be higher than previously believed."
‍Senator Cynthia Lummis to Retire in 2026, Crypto Industry Reacts Senator Cynthia Lummis (R-Wyo.), a key advocate for Bitcoin and blockchain innovation, will not seek reelection in 2026. Her departure from Congress marks a significant moment for the digital asset community, which credits her with substantial legislative progress and regulatory clarity efforts. Lummis was instrumental in drafting the Responsible Financial Innovation Act and a critic of the SEC's "regulation-by-enforcement" approach. Industry leaders express gratitude for her advocacy, noting her impact on the current standing of digital assets. While her exit is a loss, focus remains on passing critical legislation like the US Clarity Act before her term ends.