Fed chair nominee faces confirmation hearing

April 22, Kevin Warsh, Trump’s Fed chair nominee, testified before Senate Banking Committee. He denied Trump pressured him on rate cuts and pledged independence.

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the Fed is in an impossible spot Our CSO Brian Cubellis @BackslashBTC was recently on CGTN breaking down Warsh's predicament cut rates with sticky inflation? that's a recipe for much higher inflation raise rates with $1T/year in interest expense on $40T in debt? yeah that's going to be tough to pull off, can't do it Powell's been punting for a year for this exact reason and now Warsh inherits the mess. And if he's beholden to Trump there goes the illusion of Fed independence and its credibility. Foreign central banks have already been net sellers of Treasuries and net buyers of gold for years Non-sovereign, neutral assets only continue to win from here on out. Gold has made its run and bitcoin is next.

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Trump threatening Powell while crypto exchanges face real AI vulnerability risks from sophisticated algos gaming order books - traditional Fed drama vs actual systemic tech risk that could move $BTC faster than any policy shift

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🗓️ What’s on the Agenda Today? – April 15 🇬🇧 BoE Governor Andrew Bailey will speak at a Columbia University panel. 🇪🇺 Market attention will focus on ECB President Christine Lagarde’s remarks. 🇺🇸 The Fed’s Beige Book report will be released. 🇰🇷 The #ETH Seoul event will begin. 🔓 14.16% token supply launch for $DBR (~$9.94M) 🔓 5.76% token supply launch for $CYBER (~$1.76M) 💬 In your opinion, will today’s market be more influenced by macro announcements or events like ETH Seoul?