Senator Cynthia Lummis from Wyoming urged Federal Reserve Chair Jerome Powell to resign. Lummis assessed that Powell is incompetent and often ignores the authority of Congress, especially regarding transparency and regulation of digital assets like crypto. She accused Powell's staff of obstructing document requests from the Senate and lamented the Fed's stance that hinders financial innovation in Wyoming. Lummis also opposed Powell's appointment due to the Fed's policies that are considered to impede crypto adoption in the US#PowellPressures $BTC
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