Global financial markets are watching the leadership transition of the U.S. Federal Reserve after the Senate accepted a new vice president to oversee interest rate policy. The Fed board announced the appointment of Jerome Powell as interim president following the expiration of his previous term.

The U.S. Treasury Secretary criticized Federal Reserve Chairman Powell for remaining on the Fed board despite stepping down as chairman, arguing it violates tradition and could damage the institution's credibility.

The cryptocurrency market declined for the fourth consecutive month in January amid tight liquidity conditions and macroeconomic policy uncertainty.

Merkel Capital provides an overview of the crypto market in the first quarter, advising investors to monitor US monetary policy, interest rate trends, and global liquidity.

The last week of July 2568 saw the Bitcoin price hype wane, and it looks like altcoins are becoming the new target for crypto traders.

The Trump administration has launched a formal attack on the Fed chairman, accusing Powell of mismanagement, overspending on the $2.5 billion budget for headquarters repairs, and threatening to fire him if he is found to have committed perjury to Congress.

"Powell" clearly reiterates that there is no rush to cut interest rates despite Trump's heavy pressure, because inflation tends to rise from import tariffs, expected to be clear in June-July

Trump pressures Fed to cut rates by 2-3% before Powell explains to Congress, saying cuts should be made first, then raised again if economy worsens, and alleges Powell refused to comply

Fed Chair Powell to Address Congress, Explaining Reasons for Holding Interest Rates Until September, as Politicians Prepare to Raise Iran-Israel War and Bank Regulation Debate