Four Federal Reserve Chair Candidates with Crypto-Friendly Stance, Final Candidate List to Be Determined in September
BlockBeats News, August 28th. Yesterday evening, U.S. Treasury Secretary Yellen stated that there are 11 strong candidates for the Federal Reserve Chair position. Interviews will begin after Labor Day (this year on September 1st), and the final list will be submitted to President Trump. Known candidates on the list who are explicitly crypto-friendly include Investment Bank Jefferies' Chief Market Strategist David Zervos, BlackRock's Global Chief Investment Officer Rick Rieder, Fed official Bowman, and Fed Governor Waller.
David Zervos and Rick Rieder have been involved in activities related to cryptocurrency, including recent public endorsements of the eToro trading platform, stablecoin issuer Circle Internet Group, crypto exchange Bullish, and crypto-based lending firm Figure Technology Solutions. David Zervos also early on supported Michael Saylor's MicroStrategy Bitcoin purchase strategy.
As the Fed's top regulatory official, Bowman stated on August 20th that central bank employees should be allowed to make small cryptocurrency investments to help them understand the technology, adding that this would aid in "actual understanding of the underlying technology." Fed Governor Waller stated a day later that the banking sector has "nothing to fear" from cryptocurrency payments operating outside the traditional banking system, as it is simply "a new technology for transferring ownership and recording transactions."
You may also like

New gameplay for participating in initial offerings on cryptocurrency exchanges

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

DeepSeek Financing Story

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?


