A hearing for Federal Reserve board members is expected to take place next Thursday regarding the central bank’s stance on digital assets.

Odaily News Crypto journalist Eleanor Terrett wrote on the X platform that the banking and crypto industries will hold an important nomination hearing next Thursday, when the US Republican Senate Banking Committee will hold a meeting to question Federal Reserve Governor Michelle Bowman (Trump chose her to replace Michael Barr as the next vice chairman of supervision).
In this position, Bowman will be a key player in overseeing and regulating banks’ crypto-related activities, and Republicans are expected to ask a lot of questions about debanking, the Fed’s stance on digital assets, and its approach to the crypto industry.