Trump's Firing of Powell Could Pave the Way for a "Major" Fed Reshuffle

By: theblockbeats.news|2025/08/26 19:52:09

0

Share

copy

BlockBeats News, August 26th, according to Bloomberg, Trump has decided to dismiss Fed Governor Powell, accusing him of forging mortgage loan documents. This move marks a further escalation in his battle to control the Fed and could pave the way for a broader restructuring of the Fed's Board of Governors. This action could give Trump the opportunity to appoint newcomers to the Fed's Board of Governors and secure a majority of four within the institution.

You may also like

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?

The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?

This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?

Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.

The Cryptographic Past of the Middle East

The Cryptographic Past of the Middle East

Reality is often more exciting than fiction.

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin

When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options

On the eve of the explosion of on-chain options

Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

When the same unit can both measure hashing power and facilitate payments, it ceases to be just a term and begins to evolve into a new currency of both value and influence.

Why is OpenAI playing catch-up to Claude Code instead?

Why is OpenAI playing catch-up to Claude Code instead?

Anthropic Bets Earlier on AI Programming, OpenAI Strategic Tempo Misaligned

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to sacrifice their identity to use an AI tool.

The doubling of Circle's stock price and the paradigm shift of stablecoins

The doubling of Circle's stock price and the paradigm shift of stablecoins

The initial investments from Circle and Stripe, whether it is the R&D expenses for Arc, the high financing costs associated with Tempo, or the billion-dollar acquisitions of Bridge-type assets, are more akin to "placement fees" rather than commercially recoverable investments in the short term.

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?

The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?

This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?

Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.

The Cryptographic Past of the Middle East

Reality is often more exciting than fiction.

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin

When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Popular coins

Latest Crypto News

09:42

Aave will launch the Aave Shield feature, which by default prevents swaps that affect prices by more than 25%

Aave released a recap of the Swap event stating that a user exchanged approximately $50.43 million aEth USDT for about $36,000 aEth AAVE through the CoW Swap route on the Aave front end, with a price impact of about 99.9%.Aave indicated that the transaction occurred within a third-party Swap protoco...

09:42

Galaxy Research Director: If the cryptocurrency bill does not pass the Senate committee review, the probability of it being passed in 2026 will significantly decrease

Alex Thorn, head of research at Galaxy, stated that if the U.S. cryptocurrency regulatory bill CLARITY Act fails to pass the Senate committee review by the end of April, its chances of passing in 2026 will significantly decrease, as the bill needs to enter the Senate floor voting agenda in early May...

09:42

PostFinance, a bank under Swiss Post, expands its cryptocurrency services, adding assets such as ARB, NEAR, and SUI

PostFinance, a bank under Swiss Post, is expanding its cryptocurrency asset services, adding Algorand, Arbitrum, NEAR Protocol, Stellar, USDC, and Sui, bringing the total supported assets to 22.The bank stated that since launching its cryptocurrency trading services in 2024, it has opened over 36,00...

09:42

Data: In the past 24 hours, the total liquidation across the network was $77,195,200, with long positions liquidated at $43,949,300 and short positions liquidated at $33,246,000

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $77.1952 million, with long positions liquidated at $43.9493 million and short positions liquidated at $33.246 million. Among them, Bitcoin long positions were liquidated at $8.0757 million, Bitcoin short...

09:01

US Court Upholds Fed's Ruling, Dismisses Custodia's Main Account Review Request

BlockBeats News, March 15th, the U.S. Court of Appeals for the Tenth Circuit rejected Cryptobank Custodia's request for an en banc rehearing in a 7-3 vote, upholding the October 2025 panel ruling that affirmed the Federal Reserve's authority to approve or deny primary account applications from eligi...