US Senate confirms Philip Jefferson as Federal Reserve vice chair
Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under Chair Jerome Powell at the central bank until 2036.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under Chair Jerome Powell at the central bank until 2036.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Circle’s November 4 Results Will Put USDC Growth and Reserve Economics in Focus
TL;DR Circle has scheduled Q3 results for November 4. The webcast is set for 8 a.m. Eastern, or 13:00 London time. Reserve backing...
Binance Has Shed $16B Since The Hack as Its Proof Lands Tuesday
Binance’s tracked assets have fallen by about $16.6 billion since the Oct. 29 hack. Its full zero-knowledge reserve proof, first p...
Blockstream moves 300 BTC into Liquid, cutting reserve shortfall to 250 BTC
Blockstream's BTC deposit narrows Liquid's reserve gap, highlighting ongoing challenges in restoring full trust and functionality....
Liquid Reserve Gap Falls to 250 BTC After 300 BTC Top-Up
Estimated L-BTC backing rises to 94.14%, but the federation’s recovery plan requires full reserves before direct peg-outs resume.....
NYSE expands tokenization push with firms serving nearly 99% of S&P 500
NYSE expands its tokenized securities network to six transfer agents, adding Broadridge, Computershare, Equiniti and Superstate to...
ORE weekly mining volume nears $12 million, highest since February
The surge in ORE mining activity suggests a broadening user base, potentially enhancing the protocol's sustainability and market a...