According to Coinjie.com, crypto reporter Eleanor Terrett posted on X platform that next Thursday, the banking and crypto industry will hold an important nomination hearing, when the U.S. Republican Senate Banking Committee will hold a meeting to question Federal Reserve Director Michelle Bowman (Trump chose to replace Michael Barr as the next vice chairman of regulation). In this position, Bowman will be a key player in monitoring and regulating bank crypto-related activities, and the Republicans are expected to raise many questions about debanization, the Fed’s position on digital assets and how it handles the crypto industry.