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Interviews for 11 Federal Reserve Chair candidates begin today—how will Trump choose?
Interviews for 11 Federal Reserve Chair candidates begin today—how will Trump choose?

The list of candidates for the Federal Reserve Chair has been announced, featuring 11 elites from various political and business sectors. The market is paying close attention to the independence of monetary policy and the candidates' stances on crypto assets. Summary generated by Mars AI Model. The accuracy and completeness of this generated content are still being iteratively improved.

MarsBit·2025/09/07 18:19
Flash
  • 19:11
    Bloomberg: Trump family amasses $1.3 billion in crypto wealth from crypto businesses within weeks
    Foresight News reported, citing Bloomberg, that the Trump family has increased its crypto wealth by 1.3 billions USD from two crypto companies established less than a year ago within just a few weeks. The earnings from crypto company World Liberty Financial and independent mining company American Bitcoin Corp indicate that these nascent projects have already translated into tangible wealth for the First Family. According to the Bloomberg Billionaires Index, these gains are comparable to the value of the Trump family's long-held golf courses and resort properties, which were once the family's hallmark. The Trump family's total wealth has now reached 7.7 billions USD. World Liberty has increased the Trump family's net assets by approximately 670 millions USD, and Bloomberg's calculation does not include about 4 billions USD worth of tokens held by the Trump family, which are still locked. The American Bitcoin shares held by Eric Trump are valued at over 500 millions USD. American Bitcoin was created in March for bitcoin mining. On September 3, when American Bitcoin shares were first traded, the stock price soared.
  • 19:11
    Paolo Ardoino: Tether has not sold any Bitcoin and will continue to invest part of its profits in Bitcoin, gold, and other assets.
    Foresight News reported that Tether CEO Paolo Ardoino stated that Tether has not sold any bitcoin. Tether will continue to invest part of its profits in secure assets such as bitcoin, gold, and land.
  • 19:11
    Tom Lee-led SPAC company FutureCrest files IPO application with the US SEC, aiming to raise up to $250 million
    Foresight News reported that BitMine Chairman Tom Lee leads the blank check company (SPAC) FutureCrest Acquisition, which filed documents with the US SEC on Friday, planning to raise up to $250 million through an initial public offering (IPO). FutureCrest Acquisition stated that when searching for merger and acquisition targets, the company will leverage the management team's expertise and social capital in fields such as AI, digital assets, fintech, infrastructure, robotics, and communications. In addition, the company is optimistic about opportunities in business intelligence, productivity software, and digital health. FutureCrest Acquisition plans to list on Nasdaq under the ticker symbol FCRSU. The company confidentially filed documents on August 5, 2025. Cantor Fitzgerald is the sole bookrunner for this transaction. Tom Lee is the co-founder, managing partner, and head of research at financial research consulting firm Fundstrat, as well as the Chief Information Officer of its affiliate Fundstrat Capital, which launched the Fundstrat Granny Shots US Large Cap ETF (ticker: GRNY) last year.
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