Insider Information: A hearing will be held next Thursday to confirm the Federal Reserve's attitude and position on cryptocurrency
Crypto journalist Eleanor Terrett posted on X platform that next Thursday, the banking and crypto industries will hold an important nomination hearing. At that time, the US Republican Senate Banking Committee will hold a meeting to question Federal Reserve Governor Michelle Bowman (chosen by Trump to replace Michael Barr as the next Vice Chairman of Supervision). In this position, Bowman will become a key participant in overseeing and regulating bank-related crypto activities. It is expected that Republicans will raise many questions about de-banking, the Fed's stance on digital assets, and its handling of the crypto industry.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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