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- 16:57A certain whale spent 7.3 million USDC to buy 1 billion PUMP in the past 20 hours.According to Jinse Finance, monitored by Lookonchain, whale 8RHiqy spent 7.3 million USDC to purchase 1 billion PUMP at an average price of $0.007246 in the past 20 hours.
- 16:57New Federal Reserve Governor Milan Clarifies Communication with Trump, Emphasizes Independence in Rate Cut StanceJinse Finance reported that the new Federal Reserve Governor, Stephen Milan, made a public clarification on Friday regarding his communication with U.S. President Trump, emphasizing that his voting decision at this week's monetary policy meeting was made independently and was not subject to any political interference. Previously, the Federal Reserve announced a 25 basis point rate cut, but Milan cast a dissenting vote in this rate decision, advocating for the rate cut to be expanded to 50 basis points. He explained after the meeting that this decision was based on his independent judgment of the economic situation. In response to public concern, Milan stated that prior to the announcement of this rate decision, he had only a brief exchange with President Trump. He revealed, "He (Trump) called me on Tuesday morning just to offer congratulations, that's all." Milan emphasized that the two "never discussed how I should vote, nor did they mention my position on the 'dot plot' in the Federal Reserve's Summary of Economic Projections."
- 16:39Federal Reserve's new governor Milan: Rate cut stance is independent and not influenced by TrumpChainCatcher news, according to Golden Ten Data, the new Federal Reserve Governor Stephen Milan made a public clarification on Friday regarding his communication with US President Trump, emphasizing that his voting decision at this week's monetary policy meeting was made independently and was not subject to any political interference. Milan cast a dissenting vote in this interest rate decision, advocating for a larger rate cut of 50 basis points, and stated that he had only a brief conversation with Trump prior to making the decision.