Crypto journalist Eleanor Terrett posted on the X platform that next Thursday, the banking and crypto industries will hold an important nomination hearing, when the Republican Senate Banking Committee will hold a meeting to question Federal Reserve Governor Michelle Bowman (who Trump chose to replace Michael Barr as the next vice chairperson of supervision).
In this position, Bowman will be a key player in the oversight and regulation of crypto-related activities at banks, and Republicans are expected to ask many questions about debanking, the Federal Reserve's stance on digital assets, and its handling of the crypto industry.
The Federal Reserve's Bowman will receive a hearing for the nomination of Vice Chair of Supervision, and the position of digital assets will be subject to key questioning
2025-04-04 01:50:04
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