Powell's term as Federal Reserve Chair will end in May 2026, and he has stated that he will not resign proactively

BlockBeats News, April 19th, according to Reuters, Powell once stated that U.S. law does not allow the President to dismiss him, and even if Trump made such a request, he would not resign voluntarily. Powell plans to serve his full term and continue as Fed Chair until May 2026.

In addition, Powell's term as a member of the Federal Reserve Board will continue until January 2028. He also stated this week that he believes the current case being heard by the U.S. Supreme Court is unlikely to apply to the Fed.

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BTC long positions were heavily liquidated, with 24 addresses hit by $160 million in liquidations and three whales liquidated for tens of millions of dollars.

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BTC long positions were heavily liquidated, with 24 addresses hit by $160 million in liquidations and three whales liquidated for tens of millions of dollars.

NVIDIA employees have internally petitioned for Jensen Huang to return, with related posts receiving over 1,600 comments, most supporting his comeback.

Bitcoin falls below $69,000.

In the past hour, $225 million was liquidated across the network, with long positions liquidated amounting to $174 million.

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Powell's term as Federal Reserve Chair will end in May 2026, and he has stated that he will not resign proactively

BTC long positions were heavily liquidated, with 24 addresses hit by $160 million in liquidations and three whales liquidated for tens of millions of dollars.

A certain whale bottom-fished NBIS with a scale of $12 million.

Cerebras' biggest bull clears position at a loss before earnings, missing subsequent 14% gain

A certain whale has been liquidated again, incurring a loss of approximately $10.76 million.