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According to Jinse Finance, at the Davos Forum, BlackRock CEO Larry Fink warned that global capitalism is losing public trust because prosperity has not benefited enough people. He stated that the measure of success should not be just growth or the market, but whether people can "see it, feel it, and build their future on it." Fink warned that artificial intelligence could exacerbate inequality just like globalization, and called for Davos to listen more to the voices of ordinary people, not just the elite.

according to the Associated Press, Federal Reserve Chairman Powell will attend the U.S. Supreme Court oral arguments on Wednesday regarding Federal Reserve Governor Cook. This is an unusual public statement and show of support from the head of the U.S. central bank. The Supreme Court is reviewing whether President Trump has the authority to remove Governor Cook, who was appointed by former President Biden. Insiders revealed that Powell plans to attend Wednesday's hearing. This is also Powell's most open and direct support for Cook to date. Trump first attempted to remove Cook as early as the end of August last year. Previously, Powell disclosed that the Trump administration had issued subpoenas to the Federal Reserve and threatened unprecedented criminal charges against it. In a video statement released on January 11, Powell condemned these subpoenas as merely an "excuse," with the real purpose being to force him to significantly lower the Federal Reserve's benchmark interest rate.

BlockBeats News, January 20, according to the Associated Press, Federal Reserve Chairman Powell will attend the Supreme Court hearing regarding Federal Reserve Board member Cook. (Golden Ten Data)