News

21:00-7:00 Keywords: YZi Labs, Fusaka upgrade, Hassett, Charles Schwab 1. US Treasury Secretary Bessent may also serve in Hassett's current position; 2. US SEC Chairman: The Bitcoin Market Structure Bill is about to pass; 3. Charles Schwab: Will offer Bitcoin and Ethereum trading services in early 2026; 4. Ethereum has completed the Fusaka upgrade, officially entering a twice-yearly hard fork schedule; 5. US Treasury Secretary Bessent: US President Trump has made 15% to 20% tariffs the norm; 6. An exchange CEO: Major banks are cooperating with an exchange to launch a cryptocurrency pilot project; 7. YZi Labs: Has issued a formal notice to 10X Capital and reminded CEA Industries shareholders to pay attention to its disruptive behavior.

Jinse Finance reported that bond investors have informed the US Treasury of their concerns regarding the possible nomination of Kevin Hassett as Federal Reserve Chair, fearing that he might aggressively cut interest rates to appease Trump. According to several sources familiar with the matter, Treasury officials solicited feedback on Hassett and other candidates during one-on-one conversations with executives from major Wall Street banks, asset management giants, and other key participants in the US bond market. These sources said the discussions took place in November, before Treasury Secretary Bessent launched a second round of interviews to find a successor to Powell. The Treasury stated that it "regularly communicates with various market participants and investors about important developments and trends in the US Treasury market and the broader financial markets." It added: "In discussions with key stakeholders, the range of expectations for asset outcomes resulting from the five potential Federal Reserve Chair candidates is extremely narrow." As the White House's chief economic adviser, Hassett has become a leading candidate for the position in recent weeks, after Trump and Bessent narrowed the initial list of 11 potential candidates. Trump said on Tuesday that he plans to announce his nominee for Federal Reserve Chair "early next year" and hinted that Hassett is a "potential" contender. After he mentioned Hassett, the US dollar briefly fell.