- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Trump: I Don't Need Anyone to Explain the Ramifications of Firing Powell
BlockBeats News, July 21st, The Wall Street Journal reported earlier that U.S. Treasury Secretary Yellen had privately explained to Trump in recent days why he should not attempt to remove Powell. On Sunday, Trump responded on his Truth Social platform, saying he did not need Yellen to explain to him that firing Powell would be detrimental to the market.
Trump wrote, "The Wall Street Journal published a typical false report today, stating that Yellen explained to me that firing the worst Chairman of the Fed in history, 'Mr. Too Late' Powell, would be detrimental to the market. I don't need anyone to explain this to me. I know better than anyone what is advantageous to the market and to America.
If it weren't for me, the stock market wouldn't be at an all-time high right now; it might have already collapsed! So, please make sure to get the real information. I don't need others to explain things to me; I explain to them!" (Jinse Finance)
You may also like
Hong Kong-Based OSL Group Launches $200M Equity Raise for Stablecoin and Payments Expansion
Key Takeaways OSL Group, a prominent digital asset platform in Asia, has initiated a significant $200 million equity…
Bitpanda and Ribbon Plc to Unveil Comprehensive Crypto Services in the UK
Key Takeaways Bitpanda Technology Solutions collaborates with Ribbon Plc to launch digital asset services in the UK. The…
Enso’s Recent Liquidation Sparks Market Volatility
Key Takeaways Enso experienced a dramatic $11.67 million in liquidations, with a significant 70.7% involving short positions, indicating…
South Korea’s Coinone Considers Stake Sale Amid Rising Coinbase Interest
Key Takeaways Coinone, a regulated cryptocurrency exchange in South Korea, is contemplating a significant stake sale as consolidation…
Could Europe Sell US Debt if a Greenland Deal Doesn’t Come Through?
Key Takeaways The geopolitical tensions involving Greenland could lead Europe to consider offloading US debt as a strategic…
Crypto Mortgages in the US Tackle Valuation Risks and Regulatory Challenges
Key Takeaways The adoption of crypto mortgages is facing challenges around valuation risks and regulatory uncertainties in the…
Revolut Pursues Banking Expansion in Peru Amid Latin America Remittance Strategies
Key Takeaways Revolut seeks a banking license in Peru as part of its strategic expansion across Latin America,…
Scaramucci Criticizes Stablecoin Yield Ban’s Impact on U.S. Dollar
Key Takeaways The CLARITY Act’s prohibition on stablecoin yields potentially weakens the U.S. dollar’s competitiveness against the digital…
CLARITY Act Stalls: Why Has the Interest-Bearing Stablecoin Become a Bank’s “Thorn in the Side”?
Key Takeaways The debate surrounding the CLARITY Act is primarily focused on interest-bearing stablecoins and their implications for…
South Korea considers changing the one-bank rule for crypto exchanges: An In-depth Review
Key Takeaways: South Korea is examining the current “one exchange–one bank” model amidst concerns of market concentration, potentially…
Hungary and Portugal Block Polymarket Prediction Market Amid European Crackdowns
Key Takeaways: Hungary and Portugal have moved to restrict access to Polymarket, increasing regulatory pressures on crypto-based prediction…
Hong Kong Association Highlights Risks in Crypto Licensing Framework
Key Takeaways The Hong Kong Securities & Futures Professionals Association (HKSFPA) warns that new crypto licensing may lead…
India Central Bank Suggests BRICS CBDC Link-Up As Members Explore Alternatives to Dollar Rails
Key Takeaways India’s central bank proposes a CBDC connectivity initiative for the upcoming 2026 BRICS summit. This move…
Venezuelan Man Faces 20 Years for Alleged $1B Crypto Money Laundering Scheme
Key Takeaways Jorge Figueira, a Venezuelan national, is accused of operating a complex international money-laundering network using cryptocurrency.…
Anchorage Digital Prepares for IPO with Significant $400M Fundraise
Key Takeaways Anchorage Digital is actively seeking to raise $200 million to $400 million in new funding, with…
The opening price is expected to drop by 75%, perhaps the first project to be rug pulled this year.
Traveling? ‘Evil Twin’ WiFi networks can steal crypto passwords
Key Takeaways “Evil Twin” WiFi attacks occur when hackers mimic legitimate WiFi networks to steal sensitive user data.…
Senate Judiciary Leaders Push for Revisions in Crypto Bill
Key Takeaways Senate Judiciary chair Charles Grassley and top Democrat Richard Durbin express concerns about the crypto market…
Hong Kong-Based OSL Group Launches $200M Equity Raise for Stablecoin and Payments Expansion
Key Takeaways OSL Group, a prominent digital asset platform in Asia, has initiated a significant $200 million equity…
Bitpanda and Ribbon Plc to Unveil Comprehensive Crypto Services in the UK
Key Takeaways Bitpanda Technology Solutions collaborates with Ribbon Plc to launch digital asset services in the UK. The…
Enso’s Recent Liquidation Sparks Market Volatility
Key Takeaways Enso experienced a dramatic $11.67 million in liquidations, with a significant 70.7% involving short positions, indicating…
South Korea’s Coinone Considers Stake Sale Amid Rising Coinbase Interest
Key Takeaways Coinone, a regulated cryptocurrency exchange in South Korea, is contemplating a significant stake sale as consolidation…
Could Europe Sell US Debt if a Greenland Deal Doesn’t Come Through?
Key Takeaways The geopolitical tensions involving Greenland could lead Europe to consider offloading US debt as a strategic…
Crypto Mortgages in the US Tackle Valuation Risks and Regulatory Challenges
Key Takeaways The adoption of crypto mortgages is facing challenges around valuation risks and regulatory uncertainties in the…
App