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- Trump wants to fire Fed Boss
Trump wants to fire Fed Boss
... Can He? 😬
Welcome to Fintech Wire — your quick guide to what’s shaping finance and tech today.
What we’ll cover today:
Trump’s Fed feud and why markets care
Block’s big leap into the S&P 500 🏆
What fintech CEOs are whispering behind closed doors
Source : Vanity Fair
Donald Trump wants to fire Jerome Powell, the head of America’s central bank. Lawyers and markets are freaking out.
🚨 Breaking News:
Trump is hinting he might fire Fed Chair Powell over interest rates. Experts say this is risky and messy.
⚡ Wire Simplified
It’s almost impossible to fire the Fed Chair without serious wrongdoing.
Trump is angry over high interest rates hurting homebuyers.
Lawsuits would follow fast and reach the Supreme Court.
Markets fear this drama hurts the Fed’s independence.
Some say Trump just wants someone to blame for the economy.
✔️ Straight to the Point:
Firing Powell is unlikely but the drama is shaking confidence. Economists say this mess helps no one in the long run.
🎤 Should a President be able to fire the Fed Chair? |
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Source : PYMNTS
Block, the company once called Square, just got a huge upgrade by joining the famous S&P 500 stock index.
🚨 Breaking News:
Block shares jumped 10 percent after news it will replace Hess in the S&P 500 starting July 23.
⚡ Wire Simplified
Block started with payment machines and now does crypto and finance tech.
S&P 500 inclusion boosts stock price and credibility.
Funds must buy Block shares to match the index.
Block struggled this year but this news helps.
Jack Dorsey’s blockchain bet is finally paying off.
✔️ Straight to the Point:
Block’s reputation just leveled up. Wall Street is happy but real results depend on upcoming earnings, not headlines.
The key thing about having communities is that you have to have standards around behavior
No shirt, no shoes, no service
If you want nice things, there have to be lines that are not crossed
— Garry Tan (@garrytan)
8:03 PM • Jul 18, 2025
Lot of conjecture about windsurf deal. Anyone have all the details? Article with most of the facts?
— Bill Gurley (@bgurley)
9:54 PM • Jul 19, 2025
APAC FinTech Forum 2025
This event dives into the FinTech ecosystem in the Asia-Pacific region, covering trends, regulations, and innovations.
Date: August 2025 | Location: Sydney, Australia
Money20/20 USA 2025
Money20/20 USA is a premier event that brings together the global FinTech community to discuss the future of money, payments, and financial services. The event features industry leaders, innovators, and disruptors.
Date: October 26–28, 2025 | Location: Las Vegas, NV, USA
Middle East Banking Innovation Summit 2025
This event highlights the FinTech revolution in the Middle East, focusing on payments, digital currencies, and open banking.
Date: September 2025 | Location: Dubai, UAE
What do you think about today’s edition? |
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