A hearing is expected to be held next Thursday to question the Federal Reserve Board of Governors regarding the Fed's stance on digital assets

2025-04-04 01:38

Odaily Planet Daily News: Cryptocurrency journalist Eleanor Terrett posted on X platform that next Thursday, the banking and cryptocurrency industries will hold an important nomination hearing, during which the Republican Senate Banking Committee will hold a meeting to question Federal Reserve Governor Michelle Bauman (whom Trump has chosen to replace Michael Barr as the next Vice Chairman of Regulatory Affairs). In this position, Bauman will become a key participant in supervising and regulating bank crypto related activities, and it is expected that the Republican Party will raise many questions about de banking, the Federal Reserve's stance on digital assets, and its handling of the crypto industry.

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