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Family members, the highest authority in the United States controlling the "money printing machine" has officially changed hands!
Our old acquaintance Bao Uncle from the crypto circle is really stepping back this time.
Just now, the U.S. Senate held a highly tense meeting, and finally, with a narrow margin of 54 to 45, they forcibly installed Powell as the Federal Reserve Chair.
Both sides' faces were almost twisted from arguing over this vote, only one Democrat defected, the rest were all protected by the Republicans' force.
Bao Uncle's current situation: After this Friday (May 15), Bao Uncle will have to vacate the chairman’s office for the new person, but he’s not going far, staying on the board to continue being a "monk sweeping the floor."
The new king ascends: Powell is even more aggressive, signing a 14-year super long contract, planning to stay in the U.S. financial circle until the end of time!