A hearing for Federal Reserve board members is expected to take place next Thursday regarding the central bank’s stance on digital assets.
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Planet Daily News: Crypto reporter Eleanor Terrett posted on X platform that next Thursday, the banking and crypto industries will hold an important nomination hearing. At that time, the U.S. Republican Senate Banking Committee will convene a meeting to question Federal Reserve Board member Michelle Bowman (chosen by Trump to replace Michael Barr as the next regulatory vice chair). In this position, Bowman will be a key participant in overseeing and regulating bank crypto-related activities. Republicans are expected to raise many questions about de-banking, the Federal Reserve's stance on digital assets, and its approach to the crypto industry.
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