Bernie: Not in a hurry to choose Powell's successor

By: theblockbeats.news|2025/07/23 21:42:20

0

Share

copy

BlockBeats News, July 23rd, U.S. Treasury Secretary Yellen stated that the current administration is "not in a rush" to determine the successor to Fed Chair Powell, and the candidate may come from current Board members or regional bank presidents. Yellen said on a TV show on Wednesday: "There are many strong candidates, including several key Board members and possibly regional bank presidents." She did not disclose specific names.

Reports have indicated that Yellen herself, White House National Economic Council Director Hassett, former Fed Governor Kevin Warsh, and current Fed Governor Wall are among the candidates nominated by Trump for the chairmanship. Yellen said: "There is a very long, very long list." She stated: "I am not going to discuss this process, but we are moving forward with this process, obviously, it will be President Trump's decision, and we are not in a hurry." (FXStreet)

You may also like

When AI Takes Over the 'Shopping Journey,' How Much Time Does PayPal Have Left?

When AI Takes Over the 'Shopping Journey,' How Much Time Does PayPal Have Left?

Stripe and PayPal are shifting from payment tools to AI business infrastructure, competing to become the default engine for AI transactions.

Bloomberg: Aid Turkey Freeze $1 Billion Assets, Tether Remakes Compliance Boundary

Bloomberg: Aid Turkey Freeze $1 Billion Assets, Tether Remakes Compliance Boundary

By the end of 2025, Tether and its competitor Circle had blacklisted around 5700 wallets, involving assets of around $2.5 billion.

Polymarket vs. Kalshi: The Full Meme War Timeline

Polymarket vs. Kalshi: The Full Meme War Timeline

The topic itself has become a growth engine, and this "flame war" may be their most effective business strategy.

Consensus Check: What Consensus Was Born at the 2026 First Conference?

Consensus Check: What Consensus Was Born at the 2026 First Conference?

Just concluded in Hong Kong, Consensus HK 2026 has set the stage for a new narrative this year.

Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?

Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?

The Ethereum Foundation once again finds itself at the crossroads of personnel turmoil.

Russian-Ukrainian War Prediction Market Analysis Report

Russian-Ukrainian War Prediction Market Analysis Report

By analyzing transaction patterns, validate the predictive market as a harbinger of truth in the new media order

Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?

Ethereum Foundation Executive Director Resigns, Coinbase Rating Downgrade: What's the Overseas Crypto Community Talking About Today?

What Have Foreigners Been Most Interested in the Last 24 Hours?

Who's at the CFTC Table? A Rebalancing of American Fintech Discourse

Who's at the CFTC Table? A Rebalancing of American Fintech Discourse

What on earth is the CFTC up to?

AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)

AI Trading vs Human Crypto Traders: $10,000 Live Trading Battle Results in Munich, Germany (WEEX Hackathon 2026)

Discover how AI trading outperformed human traders in WEEX's live Munich showdown. Learn 3 key strategies from the battle and why AI is changing crypto trading.

Elon Musk's X Money vs. Crypto's Synthetic Dollars: Who Wins the Future of Money?

Elon Musk's X Money vs. Crypto's Synthetic Dollars: Who Wins the Future of Money?

How do Synthetic Dollars work? This guide explains their strategies, benefits over traditional stablecoins like USDT, and risks every crypto trader must know.

The Israeli military is hunting a mole on Polymarket

The Israeli military is hunting a mole on Polymarket

「The suspect's behavior has posed a significant operational risk and will be charged with serious security offenses.」

Q4 $667M Net Loss: Coinbase Earnings Report Foreshadows Challenging 2026 for Crypto Industry?

Q4 $667M Net Loss: Coinbase Earnings Report Foreshadows Challenging 2026 for Crypto Industry?

Coinbase reports $1.8B in total revenue in Q4 2025, with a $667M loss leading to a sharp drop in stock price.

BlackRock Buying UNI, What's the Catch?

BlackRock Buying UNI, What's the Catch?

DeFi has transitioned from "Experimental Finance" to "Infrastructure Finance."

Lost in Hong Kong

Lost in Hong Kong

When yesterday's glory becomes today's shackles, only the courage to break free from the shackles can win tomorrow.

Gold Plunges Over 4%, Silver Crashes 11%, Stock Market Plummet Triggers Precious Metals Algorithmic Selling Pressure?

Gold Plunges Over 4%, Silver Crashes 11%, Stock Market Plummet Triggers Precious Metals Algorithmic Selling Pressure?

An analysis suggests that metal prices experienced a sudden drop due to a suspected algorithmic trading sell-off, leading some investors to unwind their positions in commodities including gold and silver to access liquidity.

Coinbase and Solana make successive moves, Agent economy to become the next big narrative

Coinbase and Solana make successive moves, Agent economy to become the next big narrative

The new war around the Agent On-chain Economy has begun.

Aave DAO Wins, But the Game Is Not Over

Aave DAO Wins, But the Game Is Not Over

The Aave community has achieved a milestone victory on the topics of revenue and governance, but key disagreements regarding the boundaries of funding, branding, and power remain unresolved

Coinbase Earnings Call, Latest Developments in Aave Tokenomics Debate, What's Trending in the Global Crypto Community Today?

Coinbase Earnings Call, Latest Developments in Aave Tokenomics Debate, What's Trending in the Global Crypto Community Today?

What Was Trending Among Expats in the Last 24 Hours?

When AI Takes Over the 'Shopping Journey,' How Much Time Does PayPal Have Left?

Stripe and PayPal are shifting from payment tools to AI business infrastructure, competing to become the default engine for AI transactions.

Bloomberg: Aid Turkey Freeze $1 Billion Assets, Tether Remakes Compliance Boundary

By the end of 2025, Tether and its competitor Circle had blacklisted around 5700 wallets, involving assets of around $2.5 billion.

Polymarket vs. Kalshi: The Full Meme War Timeline

The topic itself has become a growth engine, and this "flame war" may be their most effective business strategy.

Consensus Check: What Consensus Was Born at the 2026 First Conference?

Just concluded in Hong Kong, Consensus HK 2026 has set the stage for a new narrative this year.

Resigned in Less Than a Year of Taking Office, Why Did Yet Another Key Figure at the Ethereum Foundation Depart?

The Ethereum Foundation once again finds itself at the crossroads of personnel turmoil.

Russian-Ukrainian War Prediction Market Analysis Report

By analyzing transaction patterns, validate the predictive market as a harbinger of truth in the new media order

Popular coins

Latest Crypto News

00:01

Fed Speak: U.S. Economy May Have Achieved Soft Landing, But No One Is Eager to Declare Victory

BlockBeats News, February 15th, in his article in the "Fed Watcher" column, Nick Timiraos mentioned that various key indicators of the U.S. economy are pointing in the same positive direction: inflation is decreasing, the labor market remains strong, and economic growth is steady. This is not a fina...

00:01

Fugle Bank is currently hiring a Digital Asset Services Director

BlockBeats News, February 15th. According to The Block's Director of Projects Frank Chaparro, Wells Fargo Bank posted a job opening for a Digital Asset Services Lead four days ago. The responsibilities include: developing a three- to five-year strategy covering tokenized deposits, on-chain collatera...

00:01

Meme Coin Punch Surges Over 400% in One Day, Top Wallet Address Sees Over 4500% Return

BlockBeats News, February 15th, according to GMGN market data, the Solana ecosystem meme coin Punch surged over 4 times in a single day, with a current market value of 14.75 million US dollars and a 24-hour trading volume exceeding 16.1 million US dollars.The data shows that the top one address of t...

14:01

WBTC Whales Manipulated Markets to Make Millions via Flash Loans

BlockBeats News, February 15th, according to AI Auntie's monitoring, an address that previously made a $9.94 million profit through WBTC swing trading has been seen to take profit:They bought 213.11 WBTC at an average price of $77,635.8 during the period of 2025.11-2026.02, and sold 200 of them in t...

14:01

If Ethereum drops below $2,000, the cumulative long liquidation pressure of mainstream CEXs will reach $769 million.

BlockBeats News, February 15th, according to Coinglass data, if Ethereum falls below $2000, the cumulative long liquidation intensity of mainstream CEX will reach $769 million.Conversely, if Ethereum breaks through $2200, the cumulative short liquidation intensity of mainstream CEX will reach $748 m...