According to ChainCatcher, crypto journalist Eleanor Terrett posted on X platform that next Thursday, the banking and crypto industries will hold an important nomination hearing, during which the 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, and 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.
