Warsh Fed Chair hearing set for mid-April as DOJ's Powell probe and Tillis holdout cloud confirmation
CNBC •
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A criminal investigation into Jerome H. Powell, Federal Reserve chair, has been opened by U.S. attorney’s office in the District of Columbia over the central bank’s renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project. Jerome H. Powell has posted this video in response
𝕏/@federalreserve ·
Despite a Fed rate cut and QT pause, crypto markets fell as investors reacted to Powell’s cautious outlook and uncertainty over future cuts. Major highlights include Solana’s ETF, Circle’s L1 launch, and x402’s explosive growth.
𝕏/@Bankless ·
The Federal Reserve is expected to cut rates by 25 basis points for a second straight meeting, balancing the risks of inflation and a weakening labor market as the government shutdown clouds economic data ahead of Powell’s policy statement and press conference Wednesday.
NY Times ·
Powell: "25"
𝕏/@RampCapitalLLC ·
Bitcoin traders are bracing for Wednesday’s Fed rate decision, with a 25bps cut already 96% priced in—leaving markets focused on Powell’s comments rather than the move itself. Analysts warn that dovish signals could fuel a crypto rally, while hawkish tones risk flattening or reversing Bitcoin’s recent climb toward $117K.
decrypt.co ·
Ether slid 5% to $4,588 after hitting a record $4,954 over the weekend, erasing gains from Powell’s rate-cut hint. Bitcoin dipped 1% to $111,502. Over $420M in long crypto positions were liquidated in 24 hrs, per CoinGlass.
CNBC ·
A criminal investigation into Jerome H. Powell, Federal Reserve chair, has been opened by U.S. attorney’s office in the District of Columbia over the central bank’s renovation of its Washington headquarters and whether Mr. Powell lied to Congress about the scope of the project. Jerome H. Powell has posted this video in response
𝕏/@federalreserve ·
Despite a Fed rate cut and QT pause, crypto markets fell as investors reacted to Powell’s cautious outlook and uncertainty over future cuts. Major highlights include Solana’s ETF, Circle’s L1 launch, and x402’s explosive growth.
𝕏/@Bankless ·
The Federal Reserve is expected to cut rates by 25 basis points for a second straight meeting, balancing the risks of inflation and a weakening labor market as the government shutdown clouds economic data ahead of Powell’s policy statement and press conference Wednesday.
NY Times ·
Powell: "25"
𝕏/@RampCapitalLLC ·
Bitcoin traders are bracing for Wednesday’s Fed rate decision, with a 25bps cut already 96% priced in—leaving markets focused on Powell’s comments rather than the move itself. Analysts warn that dovish signals could fuel a crypto rally, while hawkish tones risk flattening or reversing Bitcoin’s recent climb toward $117K.
decrypt.co ·
Ether slid 5% to $4,588 after hitting a record $4,954 over the weekend, erasing gains from Powell’s rate-cut hint. Bitcoin dipped 1% to $111,502. Over $420M in long crypto positions were liquidated in 24 hrs, per CoinGlass.
CNBC ·