logo

Federal Reserve Chairman Powell will deliver a public speech tonight, with the market focusing on his response to Trump's pressure

By: theblockbeats.news|2025/07/22 07:42:18

BlockBeats News, July 22. Federal Reserve Chairman Powell will attend a banking regulation-related meeting and deliver opening remarks at 20:30 tonight Beijing time. Due to recent pressure from Trump and Republican lawmakers regarding the overspending on the Federal Reserve headquarters renovation project, his speech tonight is widely anticipated by traders and investors. It is expected that Powell will not make a direct statement on the matter in tonight's speech but may once again emphasize the importance of the Fed's independence.

The renovation budget for the Federal Reserve headquarters building has surged from $1.5 billion to $25 to $26 billion, far exceeding expectations, with rumors involving luxury facilities such as a rooftop garden and a private elevator, leading to public and political questioning of its extravagance. Trump and others seized the opportunity to criticize Federal Reserve Chairman Powell and questioned his transparency. The Fed responded that the overspending was due to rising material costs and unexpected issues, and the funds came from its own income rather than taxpayers, but the controversy has not subsided, potentially impacting its reputation and independence. The market speculates that Trump may use this as an excuse to dismiss Powell. When asked last week if he would dismiss Powell, Trump said the possibility is very low unless fraud is involved.

WEEX se roba el Show en BlockchainRIO 2025

Te puede gustar

Compartir
copy

Ganadores

Últimas noticias cripto

03:55

AZTEC Token Sale ya está en vivo, con la cantidad total de suscripción actual que supera los 15.900 ETH.

03:53

El MSX de MaiCoin supera los 2.000 millones de dólares en volumen de negociación de 24 horas, concluye la primera temporada del torneo de tokens

03:51

CNBC: El mercado sigue confiando en el repunte de fin de año y el optimismo cauteloso en aumento

03:23

La dirección de despliegue de tokens del equipo del proyecto PENGU ha transferido un total de 38.811 millones de PENGU a un CEX desde mediados de julio.

03:21

El republicano respaldado por Trump gana por poco Tennessee, Midterm Election Outlook Dim

Leer más
Comunidad
icon
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y CM[email protected]

Servicios VIP[email protected]