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Jerome Powell Commits To Crypto Banking!🔥U.S. Senate Hearing🚨

DeFi Daily News by DeFi Daily News
February 11, 2025
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Jerome Powell Commits To Crypto Banking!🔥U.S. Senate Hearing🚨
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As crypto firms and their new government allies rail against U.S. regulators for chasing them out of banking, Powell says such tales are a worry he’ll address.

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00:00 Intro
00:15 Sponsor: Coinbase
00:47 Elizabeth Warren grills Powell
01:52 Warren’s failed interest hike attempt
02:18 Powell victory lap
03:45 Reputational risk
04:14 Powellworried about debanking reports
05:13 Lummis & Powell fix crypto debanking
07:21 Powell supports Stablecoins
08:48 Powell kills CBDC’s
09:45 Tomorrow
10:30 Outro

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Tags: BankingU.SBitcoincbdc cryptocbdc latest newscommitsCryptocrypto bankingcrypto debankingcrypto newscrypto updateelizabeth warrenEthereumFederal Reservefederal reserve chair jerome powellfederal reserve interest ratesfederal reserve meetingfederal reserve newshearinginterest ratesJeromejerome powelloperation chokepointPowellSenatesenate hearingstablecoinsus senate hearingXRP
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