Federal Reserve's Bauman will receive a hearing on the nomination of Vice Chairman for Regulation, with a focus on questioning his stance on digital assets

According to Golden Finance, crypto journalist Eleanor Terrett posted on X platform that next Thursday, the banking and crypto industries will hold an important nomination hearing, during which the Republican Senate Banking Committee will hold a meeting to question Federal Reserve Governor Michelle Bauman (whom Trump has chosen to replace Michael Barr as the next Vice Chair of Regulatory Affairs). In this position, Bauman will become a key participant in supervising and regulating bank crypto related activities, and it is expected that the Republican Party will raise many questions about de banking, the Federal Reserve's stance on digital assets, and its handling of the crypto industry.