According to ChainCatcher news, the probability of predicting "Powell being removed from the position of Federal Reserve Chairman in 2025" on Polymarket has dropped to 13%, according to official data.Previously reported, U.S. President Trump stated during the swearing-in ceremony of SEC Chairman Atkins on Tuesday local time that he has no intention of firing Federal Reserve Chairman Powell, although he expressed disappointment that the Fed has not lowered interest rates more quickly and called for the Fed to cut rates.

ChainCatcher news, according to Cointelegraph, former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton has been appointed as the Acting U.S. Attorney for the Southern District of New York, replacing Damian Williams, who played a significant role in several high-profile cryptocurrency cases. This appointment is temporary, as Democratic Senate Leader Chuck Schumer used a "blue slip" to block a confirmation vote for Clayton. Clayton can serve as Acting Attorney General for up to 120 days without Senate confirmation, with his term lasting until around August 20.It is worth noting that Clayton has stated he is a "strong believer in crypto technology" and referred to Bitcoin as an important store of value.

ChainCatcher news, U.S. President Donald Trump stated that SEC Chairman Paul S. Atkins is the best candidate to ensure regulatory certainty for cryptocurrencies.

ChainCatcher news, according to Jinshi reports, Citigroup's chief economist stated that Trump will not fire Federal Reserve Chairman Powell, "this boundary will not be crossed."

ChainCatcher news, Trump will participate in the swearing-in ceremony of the new SEC Chairman Paul Atkins tomorrow at 4 PM Eastern Time in the Oval Office.

ChainCatcher news, according to Decrypt, the incoming chairman of the U.S. Securities and Exchange Commission (SEC) Paul Atkins will face the task of reviewing over 70 cryptocurrency-related ETF applications. According to Bloomberg ETF analyst Eric Balchunas, these applications cover a variety of crypto assets, from Solana, XRP, Dogecoin to Pengu. Previously, the SEC approved spot ETFs for Bitcoin and Ethereum during the tenure of former chairman Gary Gensler. Analysts expect that the SEC may delay its final decision on the XRP ETF until mid-October this year.

ChainCatcher news, according to the official announcement from the U.S. Securities and Exchange Commission (SEC), Paul S. Atkins has officially assumed the position of the 34th Chairman of the U.S. SEC.Paul S. Atkins was nominated by Trump on January 20 and confirmed by the Senate on April 9. He previously served as an SEC commissioner and has been actively involved in digital asset and market regulation reform, emphasizing regulatory transparency and cost-effectiveness.

ChainCatcher news, according to market news, Wall Street insiders revealed that Paul Atkins is expected to be sworn in as the chairman of the SEC as early as Tuesday.

ChainCatcher news, according to Reuters, Powell has stated that U.S. law does not allow the president to dismiss him, and even if Trump requests it, he will not resign voluntarily and plans to serve his full term, continuing as the Federal Reserve Chairman until May 2026.In addition, Powell's term as a member of the Federal Reserve Board will last until January 2028. He also mentioned this week that he believes the cases currently being heard by the U.S. Supreme Court are unlikely to apply to the Federal Reserve.

ChainCatcher news, according to Cointelegraph, Professional Capital Management founder and CEO Anthony Pompliano stated that if Trump fires Federal Reserve Chairman Powell, it would set a very bad precedent, especially considering the real motives behind it. He explained that although the Federal Reserve's intention is to operate independently and has made mistakes, an eye for an eye is not the right approach.Anthony Pompliano emphasized that he is not a fan of the Federal Reserve. Previously, he referred to Bitcoin holders as one of the earliest large groups to recognize the issues with U.S. economic data and to seize financial opportunities for growth through holding assets.

ChainCatcher news, according to Bitcoin.com, U.S. President Trump posted on Truth Social on Wednesday that New York Senator and Democratic Minority Leader Chuck Schumer blocked the nomination of Jay Clayton, leaving Clayton currently in an acting capacity. As a result, the former SEC chairman will have to wait longer to officially become the U.S. Attorney for the Southern District of New York (SDNY). The U.S. Attorney's Office for the Southern District of New York (SDNY) is often involved in significant corporate criminal cases, making this federal prosecutor position highly sought after.Clayton stated in a 2021 interview with CNBC, "I am very optimistic about this technology." Some cryptocurrency experts praise him as being more open-minded than his successor Gary Gensler. However, Clayton lacks prosecutorial experience, and Schumer claims that the only reason Trump nominated this former regulator for such an important position was to advance the president's nefarious scheme of ultimately pursuing and prosecuting his political opponents. Trump responded on Truth Social, praising Clayton's qualifications and experience, and accusing Schumer of engaging in partisan politics.

ChainCatcher news, the chairman of the U.S. listed company Semler Scientific stated: "We hold a large amount of Bitcoin, and Bitcoin is appreciating. Most importantly, we create shareholder value. We started accumulating Bitcoin early on and will continue to do so."

ChainCatcher news, according to The Block, the U.S. Senate confirmed President Donald Trump's nominee Paul Atkins as the chairman of the Securities and Exchange Commission (SEC) with a vote of 52 to 44. Atkins stated that establishing a regulatory framework for digital assets will be his "top priority." His consulting firm has served clients including cryptocurrency exchanges and DeFi platforms.

ChainCatcher news, encrypted journalist Eleanor Terrett posted on the X platform that Paul Atkins' nomination as chairman of the SEC has been approved by a Senate vote (51-45), and the House is currently preparing for a final vote, which could take place as early as tonight local time.

ChainCatcher news, Forbes reporter Eleanor Terrett posted on the X platform that the Senate has scheduled a motion to proceed vote on SEC Chairman nominee Paul Atkins at 11:30 AM (local time) tomorrow. The vote confirmation is the next step for his nomination. If the vote is successful, he will have a full confirmation vote as early as 7:00 PM.

ChainCatcher news, Bank of England (BoE) Governor Andrew Bailey has been nominated to serve as the next chair of the G20 Financial Stability Board (FSB). The FSB Nomination Committee has agreed that Andrew Bailey will take up the position starting from early July, with a term of three years.The G20 has tasked the Financial Stability Board with coordinating the development of a regulatory framework for crypto assets. Andrew Bailey currently serves as the chair of the FSB's Standing Committee on Supervisory Cooperation. During his tenure, Andrew Bailey is responsible for overseeing the development of the global regulatory framework for crypto asset activities and the implementation roadmap for crypto assets by the Financial Stability Board.

ChainCatcher news, according to CoinDesk, U.S. House Financial Services Committee Chairman French Hill outlined a blueprint for U.S. digital assets to guide digital asset legislation, proposing six principles:Legislation must promote innovation;Legislation must clarify the classification of assets;Legislation must codify a framework for issuing new digital assets;Legislation must establish regulation for spot market exchanges and intermediaries;Legislation must establish best practices for protecting customer assets;Legislation must protect innovative decentralized projects and activities.