Squawk Box
Secretary Yellen recognizes ‘benefits of crypto’ despite lingering skepticism
Janet Yellen, the 78th United States Secretary of the Treasury, spoke Friday morning on CNBC’s flagship business and politics show Squawk Box, on an array of topics from the growth of the renewable energy sector amid Russia’s economic isolation, the rising levels of inflation and Federal Reserve responsibility, as well as her current perspective on digital assets. Recognizing the multitude of technological and societal advancements within the cryptocurrency space over the past few years, Yellen offered a friendlier, more receptive tone than on previous occasions, stating that crypto is “now playing a significant role, not really so much in transactions, but in investment decisions of lots of Americans.” “There are benefits from crypto, and we recognise that innovations in the p...
Twitter: Donald Trump ban permanent, even if he runs for office again
Former President Donald Trump will not be returning to Twitter at any point in the future, according to the company’s chief financial officer. In an interview with CNBC’s Squawk Box program on Wednesday, Twitter CFO Ned Segal said that running for public office again would not reverse the ban the company handed out to Trump in the aftermath of the US Capitol riot on January 6th. The question is relevant considering Trump’s ongoing impeachment trial. A central question in the trial is whether Democrats can bar Trump from running for president again in 2024 or seeking other public office. Regardless of the outcome, the @realDonaldTrump will still remain suspended for good, Segal said. “The way our policies work, when you’re removed from the platform, you’re removed from the...