CoinDesk Podcast Network Congresswoman Says Jerome Powell's Firing Is 'Imminent' | COINDESK DAILY
Jul 15, 2025
Delve into the latest upheaval in the cryptocurrency market as House Republican disputes stall critical votes. A Congresswoman stirs the pot with claims of Fed Chair Powell's 'imminent' firing. Explore the innovative Midnight blockchain, designed for enhanced privacy and control over user data. It promises to let decentralized applications balance utility and privacy, revolutionizing the way users interact with sensitive information. Tune in for these captivating insights and more!
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Crypto Week Legislative Delay
- Crypto Week faced delays due to House Freedom Caucus members objecting under Senate dominance.
- This caused a market dip with Bitcoin, Ether, and Circle shares falling amid legislative uncertainty.
Speculation on Powell's Imminent Firing
- A congresswoman speculated publicly on Fed Chair Jerome Powell's imminent firing, stirring social media and betting markets.
- Despite speculation, legal challenges make Powell's removal unlikely based on policy disagreements.
Tornado Cash Trial Highlights Legal Debate
- The Tornado Cash developer Roman Storm is on trial for money laundering accusations tied to criminal misuse.
- Defense argues innocence regarding criminal actions, while prosecutors claim he could have prevented illicit use.