💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
Trump clarifies that he has no intention of firing The Federal Reserve (FED) Chairman Powell and reiterates support for interest rate cuts.
Gate.io News bot message, Bloomberg reported that U.S. President Trump clarified that he does not intend to remove The Federal Reserve (FED) Chairman Jerome Powell from office. Trump emphasized that this is the "perfect time" for a rate cut and urged Powell to take action "early or on time" instead of latency.
Previously, Trump criticized Powell in a post on the Truth Social platform, stating that he "should be fired as soon as possible." In response, the White House stated that the president is not formally considering dismissing Powell and is currently focused on advancing trade agreement negotiations.