On Monday, September 16, three prominent Democratic senators, Elizabeth Warren, Sheldon Whitehouse, and John Hickenlooper, pushed for a 75-basis-point (bps) Fed rate cut to safeguard the U.S. economy from a potential downturn. In a letter sent to Federal Reserve Chair Jerome Powell today, the lawmakers also emphasized that a more aggressive approach is necessary to prevent the economy from slipping into a recession. Such a move could boost the cryptocurrency and stock markets. #siamstr #Siamstr #nostr