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Federal Reserve Chair Nominee Powell Clears Hurdles to Confirmation

BlockBeats News, April 14th, according to Fox Business, Federal Reserve Chair nominee Powell has cleared obstacles to his confirmation.

US Senator Scott stated that Powell's hearing will take place next week, with Powell's nomination expected to be approved.

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Key Senator "Relents," Powell to Take Over as Fed Chair on May 15, "Biggest Hurdle" Cleared

Once confirmed, Wash is expected to embark on a sweeping reform.

Historically Slim Margin "Confirmation": U.S. Senate Votes to Confirm Powell as Fed Chair

On-Chain Activity

11min ago

Anthropic's largest short seller added $7.6 million in the afternoon, bringing the total position to approximately $36.1 million.

1h ago

Mercado Bitcoin Hacker Dumps 31 More Altcoins for ETH, Total Converted Value Around $18.19 Million

2h ago

U.S. stocks rebound begins to liquidate short positions, a whale exits with a $17 million loss on a short bet.

2h ago

A certain whale took a heavy long position of nearly $30 million in semiconductor stocks in the afternoon, covering SNDK, MRVL, and others.

24H Important News

2026-11-04

Anthropic's largest short seller added $7.6 million in the afternoon, bringing the total position to approximately $36.1 million.

Stocks initially fell then rose before the election night session, with the SPX having an 86% probability of closing higher today.

Traditional banks have suffered a series of attacks in recent months: France's Arkéa may have lost over $133 million, while most other incidents involved data breaches.

Hong Kong, China passes crypto-asset tax reporting bill, to implement CARF from next year, with information exchange starting in 2028.

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