US Debt Crisis, Fed Policy, Dollar, and Stablecoin Regulation

National debt has reached $40 trillion, annual interest exceeds $1 trillion, and CBO projects a $2.1 trillion FY2026 deficit. Fed officials say future rate decisions will depend on inflation, energy, demand, and labor-market data, with a 2026 hike still possible amid questions about political pressure and Fed independence. The Fed is also developing stablecoin rules under the GENIUS Act.