Sen. Lummis Likely to Oppose Powell’s Fed Nomination on Crypto Grounds

Crypto-friendly U.S. Sen. Cynthia Lummis (R-Wyo.) has expressed significant concerns about the crypto track records of Fed Chair Jerome Powell and Fed Governor Lael Brainard, Biden’s nominees to head the Federal Reserve for its next term. Lummis is likely to oppose the nominations unless the Fed responds. "The Hash" squad discusses the potential battle brewing in the realm of the Fed and the possible repercussions for crypto regulation across the nation.


Join the Discussion

  • BrokerEUR/USD
    FX Pro 0.91pips. (variable) margin: 3.33%
    IG 0.6pips (fixed) margin: 3.33%
  • Back to top