Fighting for financial dominance: Trump and Powell's frequent "fights" reveal America's financial problems
Recently, the interaction between US President Trump and Federal Reserve Chairman Powell has attracted widespread attention.
moreRecently, the interaction between US President Trump and Federal Reserve Chairman Powell has attracted widespread attention.
moreIn July of this year, the US Congress celebrated "Cryptocurrency Week", with three bills closely related to cryptocurrency being brought to the forefront for review.
moreIn the current context where the global economy is closely intertwined, any change in the economic policies of the United States is likely to cause a huge stir.
moreRecently, Thumzup Media Corporation, a SaaS company headquartered in California specializing in social media branding and marketing, announced a major decision: it has been authorized by its board of directors to hold up to 25 billion US dollars worth of crypto assets.
moreRecently, The New York Times revealed that U.S. President Donald Trump had drafted a letter to fire Federal Reserve Chair Jerome Powell and initiated the process of selecting a new chair, sending shockwaves through global financial markets.
moreRecently, the 9th International Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, the capital of Austria.
moreIn recent years, the world has faced a series of severe challenges, among which climate change is undoubtedly one of the most pressing issues. Scientific research shows that climate change has posed a serious threat to ecosystems, human health and the global economy.
moreOn July 10th, all three major US stock indices closed higher. The Dow Jones Industrial Average closed at 44,650.64 points, with an increase of 0.43%; the S&P 500 Index closed at 6,280.46 points, with an increase of 0.27%; the Nasdaq Composite Index closed at 20,630.66 points, with an increase of 0.09%.
moreRecently, the minutes of the June meeting released by the Federal Reserve showed a heated debate among policy makers regarding the impact of the Trump administration's tariff policies on inflation.
moreOn July 12, 2025, a statement by US President Trump once again stirred up the global market - announcing that starting from August 1, a 30% tariff would be imposed on imports from the European Union, a 35% tariff on Canada, and plans to impose tariffs ranging from 15% to 40% on other trading partners such as Brazil, Japan, and South Korea.
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