Trump: Powell Refusing Interest Rate Cut, American Families Are Being Hurt

By: theblockbeats.news|2025/07/23 21:52:19

BlockBeats News, July 23rd, U.S. President Trump posted on his personal social platform, stating, "Our country's housing problem is lagging because of 'Mr. Too Late' Powell's refusal to cut interest rates. Families are being hurt because the rates are too high, even our country itself is paying higher interest than it should — all because of this 'Mr. Too Late'."

Our rates should be three percentage points lower than they are now, which would save the country $1 trillion a year. This stubborn guy just doesn't get it — didn't get it before, and won't get it in the future. The Federal Reserve Board should take action, but they don't have the guts to do it!"

The combination of AI and crypto is still in its early stages, with both serving as complementary "middleware": AI translates human intentions into executable programs, while cryptographic technology provides verifiable and tamper-proof guarantees for computational processes and results. In the dire...

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Mastercard Launches Agent Pay for AI, Plans to Record AI Agent Payment Authorizations on Polygon

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Curve Deploys Llamalend v2 on Optimism With 250,000 OP Incentives

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Kalshi Executive Challenges “SBF Backed AI Unicorns” Narrative, Says Leopold Aschenbrenner Was Key Figure

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New York Proposes Stricter Stablecoin Issuer Rules Aligned With Federal GENIUS Act

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CryptoQuant Says Bitcoin Profitable Supply Is Near 45% Pressure Zone as On-Chain Data Points to Market Repricing

CryptoQuant said Bitcoin’s profitable supply is nearing the 45% pressure zone, signaling rising market stress, unrealized losses, and a possible on-chain repricing phase.

Bitcoin Falls Below 200-Week Moving Average as On-Chain Data Shows Over Half of Supply in Loss

Bitcoin dropped below its 200-week moving average as on-chain data showed over 50% of circulating supply is now in loss, signaling rising market stress.

CFTC Reportedly Plans New Prediction Market Rules Focused on Manipulation Risk and Public Interest Review

The CFTC is reportedly preparing new prediction market rules focused on manipulation risk, public interest review, and retail trader protections.

Meet the new WEEX trial fund—your gateway to greater profits

Discover WEEX's new trial fund and trade with less risk. Use them to offset transaction fees, funding fees, and trading losses. Kickoff your trading journey with WEEX!

WEEX Labs Lands at Dutch Blockchain Week: A Disruptive Crypto × AI Conversation Sets Sail in Amsterdam

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SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June

SK Hynix may pursue a U.S. ADR listing as early as August, with SEC approval reportedly possible in late June amid strong AI chip supply chain demand.

Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing

Overview of Important Market Events on June 9th

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Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI