Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Market News: Trump Advisor Is Pushing for Appointment of Acting Fed Board Member to Fill Vacancy
BlockBeats News, August 6th, Market News: Trump's advisors are pushing for the appointment of an interim Federal Reserve Board governor to fill a vacancy. The Federal Reserve Board governor candidates may have government experience and will need to undergo a Senate confirmation process. The short-term appointment of a Federal Reserve Board governor will buy Trump more time in selecting the Federal Reserve Chair. (FXStreet)
On August 2nd, the Federal Reserve announced in a statement that Federal Reserve Board Governor Cugler will resign next week, providing an early opportunity for Trump to appoint a favored candidate. Trump now has the opportunity to immediately appoint a governor to pressure Chairman Powell — and this governor may potentially succeed Powell. Cugler has submitted his resignation to U.S. President Trump and will step down on August 8th to return to Georgetown University as a professor. Cugler did not attend last week's Federal Reserve policy meeting; the Board stated that he was absent due to personal matters. Cugler previously served as the Chief Economist at the U.S. Department of Labor and was appointed as a Federal Reserve Board governor by Biden in 2023.
You may also like
Hong Kong licensing, stablecoin landscape changes: Who is reshaping the next generation of the financial landscape?
IOSG: TAO is like the Elon Musk who invested in OpenAI, Subnet is like Sam Altman
Stablecoin License Battle Concludes: Anxiety-Ridden Hong Kong, Will Not Wait for the Next Tether
You can grasp a new field in half an hour, how to quickly establish a cognitive framework using AI?
Franklin Templeton's latest research: How to understand RWA tokenization
Espanyol vs FC Barcelona: A Derby Fought with Fire and Quality
The Espanyol vs FC Barcelona derby delivered high-intensity football as Barca won 4-1, moving nine points clear at the top of LALIGA. Lamine Yamal's masterclass, Ferran Torres' brace, and a passionate city rivalry on full display. WEEX, Official Regional Partner of LALIGA in Hong Kong and Taiwan celebrates the beautiful game.
DeAgentAI announced the establishment of the AIA Ecological Fund, focusing on the "AI Agent + Physical AI" track
Why is Crypto Up? Altcoins Lead Due to US Grand Deal
Key Takeaways: The “US Grand Deal” has beefed up crypto’s appeal, impacting assets like Ethereum and Solana. Altcoins,…
Polkadot Hyperbridge Breach Mints Over 1 Billion DOT Tokens
Key Takeaways: Over 1 billion fake DOT tokens were minted due to a vulnerability in Hyperbridge’s Ethereum gateway.…
ECB Endorses ESMA for Unified Crypto Oversight in EU
Key Takeaways: The ECB supports ESMA taking over the supervision of crypto-asset service providers across the EU. National…
XRP Price Prediction: $1,000 Is Within Reach
Key Takeaways: The XRP price prediction of $1,000 by 2026 hinges on widespread institutional adoption of Ripple’s infrastructure.…
Crypto Hacker Mints $1.1 Billion in Polkadot via Ethereum Bridge, Gains Just $237K
Key Takeaways: A hacker exploited Hyperbridge to mint $1.1 billion in DOT tokens, but cashed out only $237,000…
Researchers Warn of New Crypto Theft Vector: Malicious AI Agent Routers
Key Takeaways: University of California study reveals AI agent routers as a new threat vector for crypto theft.…
New ‘Data Asset’ Laws: Why AI Agents Might Move to the Isle of Man
Key Takeaways: The Isle of Man’s Foundations (Amendment) Bill 2025 legally defines data as an asset, offering a…
Hungary Election Political Shake-Up Could Reopen Crypto Policy and Regulation Debate
Key Takeaways: Hungary’s Orbán era ends, hinting at potential crypto regulatory changes. Péter Magyar’s Tisza Party envisions eased…
Solana Price Prediction: Wize, A Japanese Gaming Company Bought More SOL
Key Takeaways: WIZE, previously Mobcast Holdings, has acquired $3.13 million worth of SOL, now holding over 24,597 SOL.…
Major New Aave Crypto Proposal Passes: Everything Just Changed For Aave Price Prediction in 2026 – Here’s Why
Key Takeaways: Aave’s pivotal governance vote redirects all revenue to the DAO treasury, reshaping its economic model. The…
Trump Crypto Whales Accumulating Before Luncheon Schedule: Mar-A-Lago to Jump Start Memecoins?
Key Takeaways: Trump’s exclusive luncheon on April 25 at Mar-a-Lago relates to $TRUMP token holdings, with seats priced…
Hong Kong licensing, stablecoin landscape changes: Who is reshaping the next generation of the financial landscape?
IOSG: TAO is like the Elon Musk who invested in OpenAI, Subnet is like Sam Altman
Stablecoin License Battle Concludes: Anxiety-Ridden Hong Kong, Will Not Wait for the Next Tether
You can grasp a new field in half an hour, how to quickly establish a cognitive framework using AI?
Franklin Templeton's latest research: How to understand RWA tokenization
Espanyol vs FC Barcelona: A Derby Fought with Fire and Quality
The Espanyol vs FC Barcelona derby delivered high-intensity football as Barca won 4-1, moving nine points clear at the top of LALIGA. Lamine Yamal's masterclass, Ferran Torres' brace, and a passionate city rivalry on full display. WEEX, Official Regional Partner of LALIGA in Hong Kong and Taiwan celebrates the beautiful game.
App