The U.S. Senate Agriculture Committee will hold a hearing next week on the nomination of the CFTC chairman.
According to a report by Jinse Finance, citing crypto journalist Eleanor Terrett, as the U.S. government is expected to resume operations next week, the Senate Agriculture Committee has scheduled a hearing for next Wednesday (local time, November 19) regarding the nomination of Mike Selig as Chairman of the U.S. Commodity Futures Trading Commission (CFTC).
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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