Mike Novogratz on a Shadow Fed, Markets, Stablecoin Bill

Billionaire Michael Novogratz, CEO of Galaxy Digital Holdings Ltd., says the idea of President Donald Trump nominating a shadow Federal Reserve Chair would be “not wise” and “very bad for the country.” He also discusses the potential impact of a large interest rate cut and the market implications of the US getting involved in the Israel-Iran conflict, and what the passage of the stablecoin bill means to his firm and the crypto market.
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