Gate News bot message, According to Forbes, Eric Trump has transitioned from his position as a board member of Alt5 Sigma to a board observer role. Alt5 Sigma, a cryptocurrency technology company, underwent this leadership adjustment as part of its organizational changes.

According to ChainCatcher news, Jin10 reported that Stephen Moore, the candidate for the Federal Reserve Board of Governors nominated by President Trump, stated that he has not discussed with anyone at the White House about possibly receiving a long-term nomination. Moore has informed senators that he would only resign from his current position as White House economic advisor if he were nominated for a long-term position. During the nomination hearing, Democratic senators expressed concern about his refusal to resign, fearing it could lead to pressure from Trump on interest rate votes. Moore denied this.

Odaily News The Federal Reserve Board of Governors nominee Milan stated that he does not recommend giving control of the Fed to the president. In the 1970s, the Fed failed to raise interest rates enough to exceed the level of price increases, and the inflation of the 1970s was caused by mistakes made by the Fed and supply shocks. The Fed confused nominal interest rates with real interest rates in the 1970s. (Jin10)

Golden Finance reported that Fed nominee Milan stated: No one has asked me to commit to voting in favor of a rate cut.

Golden Finance reports that Federal Reserve Board nominee Milan states: The president has the authority to comment on monetary policy.

Jin10 data reported on September 4th that since the beginning of the year until the daytime of September 4th, the Shanghai Stock Exchange main board had 138 new repurchases with a maximum repurchase amount of 48.909 billion yuan; there were 156 new increases in holdings with a maximum increase amount of 58.924 billion yuan. During the same period, the Sci-Tech Innovation Board had 69 new repurchases with a maximum repurchase amount of 6.382 billion yuan; there were 22 new increases in holdings with a maximum increase amount of 1.773 billion yuan.

Jin10 data reported on September 4th that JPMorgan analyst Patrick Jones stated that the Fed's interest rate cuts that meet or exceed expectations should further prompt inflows into gold ETFs, driving gold prices to around $3675 per ounce by the end of the year. On this basis, gold prices are expected to reach $4000 in the second quarter of next year, and could soar to $4250 by the end of 2026, especially if the Trump administration's efforts to remove Federal Reserve Board of Governors member Cook are successful.

According to ChainCatcher news and Jin10 reports, Fed nominee Milan stated that the Central Bank's primary responsibility is to prevent economic recession and inflation.

BlockBeats news, on September 3, The Federal Reserve Board of Governors member Waller stated that he believes interest rates should be lowered at the next meeting. The yield on the 10-year U.S. Treasury has stabilized. We may see multiple rate cuts, whether at each meeting or every other meeting, depending on the data. There is no need to follow a fixed sequence of rate cuts. We hope to avoid a downturn in the labor market. "I know there will be a slight fluctuation in inflation, but it will not be permanent, and we will be closer to the 2% target in six months." (Jin10)

Odaily News Fed Governor Waller: I have made it clear that I believe we should lower interest rates at the next meeting.

According to Golden Finance, the federal court in Washington, D.C. may not issue a ruling before September 4 local time on the case regarding President Trump’s firing of Federal Reserve Board of Governors member Lisa Cook, after the judge agreed to extend the deadline for the government to submit its arguments. U.S. District Judge Jacob has asked the Justice Department to submit another brief by Thursday regarding the request to block the Fed from enforcing the firing order against Cook. According to judicial procedures, judges typically wait until all documents are submitted before making a ruling. Judge Jacob held a hearing on August 29. Cook's attorney argues that if an agreement cannot be reached with the government to ensure her continued service during the litigation, a temporary ruling to maintain the status quo should be made by the judge as soon as possible. The next Federal Reserve meeting will be held from September 16 to 17.

BlockBeats news, on September 2, ECB Executive Board member Schnabel stated that undermining the independence of the Fed could backfire, raising rather than dropping borrowing costs, while also disrupting the entire global financial system. Schnabel said in an interview, "If the Fed loses its independence, it will cause huge damage to the global financial system and will also impact the Central Bank of Europe. I truly hope this does not happen." (Jin10)

European Central Bank Executive Board member Schnabel stated that interest rates should remain unchanged, as the Eurozone economy is stable and inflation rates may exceed expectations. She believes that the current policy interest rate of 2% is sufficient to stimulate the economy, and there is no need for a rate cut at this time.

Golden Finance reports that U.S. Treasury Secretary Basant: The Federal Reserve Board of Governors nominee Milan is likely to take office before the September Fed meeting.

Trump reposted a statement from the Delta Sigma Theta Sorority on Truth Social, criticizing the support for Federal Reserve Board of Governors member Lisa Cook as a conflict of interest and calling for the judge to recuse themselves. The sorority was founded in 1913 and is dedicated to serving and supporting local communities.

Since the beginning of this year, the Sci-Tech Innovation Board has launched 7 new indices, bringing the total to 32, with 93 listed ETFs and a total scale of 287.6 billion yuan. The product scale of the Sci-Tech 50 Index is nearly 200 billion yuan, with a rise of over 8%. Long-term investors' allocation to Sci-Tech Board ETFs has significantly increased, with over 40 billion yuan of funds flowing in, indicating its attractiveness.

Jin10 data reported on August 31, that in the first half of 2025, companies listed on the Shanghai Stock Exchange achieved a total operating revenue of 24.68 trillion yuan, a slight decrease of 1.3% year-on-year; net profit was 2.39 trillion yuan, a year-on-year increase of 1.1%. Mid-term dividends reached a new high. In the first half of the year, 408 companies listed on the Shanghai Stock Exchange declared mid-term dividends, with a total cash dividend of 555.2 billion yuan, an increase of 12% and 5% year-on-year, respectively. 14 companies had dividend amounts exceeding 10 billion yuan. The total R&D investment of real enterprises was 432.6 billion yuan, a year-on-year increase of 1%; the total R&D investment of companies in the Sci-Tech Innovation Board was 84.1 billion yuan, a year-on-year increase of 6%, with a median R&D investment ratio of 13%, continuing to lead all zones in the A-share market. The net cash inflow from operating activities of real enterprises was 1.11 trillion yuan, a year-on-year increase of 32%, with a net profit cash content of 103%, an increase of 26.2 percentage points year-on-year.

Jin10 reports that the incoming European Central Bank board member Kocher stated: Current monetary policy relies more on data, so maintaining stability and reliability is crucial. Austria will continue to maintain a prudent stance and ensure that price stability remains the core objective of the Austrian Central Bank's decision-making.

According to ChainCatcher news, as reported by Jin10, before the Fed’s next meeting in mid-September, the Federal Reserve Board of Governors announced that no governors plan to make public appearances before September 7, entering a "blackout period." Fed Governor Waller's speech may become the last remarks before the key meeting. Meanwhile, next Wednesday, St. Louis Fed President Bullard will speak on the U.S. economy and monetary policy.

Golden Finance reports that U.S. President Trump’s fraud allegations against Federal Reserve Board of Governors member Lisa Cook have become his "preferred weapon" in clearing obstacles to his policy agenda, according to Cook's attorney during the first hearing in the lawsuit against her dismissal decision. Attorney Abbe Lowell stated to the judge in Washington on Friday that Trump’s repeated public criticisms of the Fed’s work indicate his intention to replace those governors who refuse to vote in favor of interest rate cuts. Cook’s side pointed out that Trump’s motives suggest that his dismissal of Cook lacks justifiable reasons.

Golden Finance reports, market news: The judge did not make a ruling today regarding the dismissal of The Federal Reserve Board of Governors member Cook and has requested both parties to submit follow-up court documents by next Tuesday.

BlockBeats news, on August 29, the U.S. July PCE inflation data met expectations, driving the dollar's continued rise. Meanwhile, the market is closely following President Trump's attempts to pressure the Fed into lowering interest rates. Federal Reserve Board of Governors member Waller reiterated a dovish stance, and Marc Chandler, Managing Director of Bannockburn Global Forex, stated that in light of the deteriorating labor market, he supports a Fed rate cut in September while advocating to overlook tariff-related price pressures. (Jin10)

Golden Finance reports that a lawyer for Federal Reserve Board of Governors member Cook described the new allegations as a "clear smear campaign."

Odaily News During the BTC Asia "Asian Institutions Lead the New Era of Bitcoin" roundtable forum, Avenir Group CEO Lan Jianzhong (Jason) pointed out that as products like Bitcoin ETF and Digital Asset Treasury (DAT) accelerate traditional institutions getting on board, institutional investors are facing a new core challenge: the disconnection of funding channels between TradFi and the crypto market severely restricts capital efficiency. "The key in the future is to enable institutional investors to connect all assets within one system, achieving a unified funding path and purchasing power," Jason stated. This means achieving unified management of traditional and digital assets and cross-market trading, promoting efficient capital flow between different markets.

Jin10 Data reported on August 29 that the China Securities Association released the July statistical monthly report. In July, there were 8 newly listed companies in the domestic market, with a total fundraising amount of 24.164 billion yuan; 10 companies were delisted, including 9 from the main board.

Jin10 data reported on August 29, Everbright Securities pointed out that the market experienced significant fluctuations. On one hand, some profitable positions were liquidated, causing the market to plummet at one point; on the other hand, off-market funds took the opportunity to enter, pushing the index to rebound after hitting the bottom. From a structural perspective, NVIDIA's earnings report has been officially disclosed, and after the dust settled, funds continued to cluster around the AI Computing Power sector. Looking ahead: after just one trading day of adjustment, the market rebounded across the board, demonstrating the strength and resilience of the market. The market is expected to continue its upward trend, with a focus on AI marketing concepts.

According to Jin10, Fed Governor Waller: The Genius Act is a good start, and we will gradually address the issues in the future.

According to ChainCatcher news, as reported by Jin10, Fed Governor Waller stated that there is no predetermined order for the pace of interest rate cuts, and the current key is how quickly the Fed can reach a neutral interest rate level.

Golden Finance reports that The Federal Reserve Board of Governors member Waller: He hoped to cut interest rates at the July meeting, and now his position is even more firm.

According to ChainCatcher, Jin10 reported that Fed Governor Waller expressed support for the Fed to cut interest rates by 25 basis points at the September meeting, and he expects further rate cuts in the next 3 to 6 months.

Jin10 data reported on August 29 that, according to Politico, the judge Jia Cobb, who will rule on Trump's attempt to fire Federal Reserve Board of Governors member Cook, previously rejected another of Trump's signature measures to expand presidential powers: mass deportation of immigrants. Cobb was nominated to the federal court in 2021 by former President Biden. Earlier this month, Cobb blocked the Trump administration's plan to rapidly deport hundreds of thousands of immigrants fleeing violence or persecution in their home countries in an 84-page ruling. Cobb will preside over the initial phase of the Cook lawsuit, with a hearing scheduled for Friday at 10 a.m. Eastern Time. However, it is almost certain that she will not be the final decision-maker, as any ruling could be appealed to the U.S. Court of Appeals for the District of Columbia and ultimately reach the Supreme Court.

Odaily News The Federal Reserve Board of Governors Cook's related case judge is scheduled to hold a hearing on Friday. (CNBC)

Odaily News According to market news: Fed's Cook is suing President Trump for ousting her from the Federal Reserve Board of Governors.

The Governor of the Central Bank of Finland, Rehn, warned that the independence of the Fed is under challenge, which could pose significant risks to the market and the economy. He emphasized that the trust and independence of the Central Bank are crucial for maintaining price stability.

Bitcoin (BTC) is experiencing a short-term rebound, with a temporary report of around $111,680 on August 27. Trump's media and technology group will establish a new company to deploy the CRO treasury strategy, expecting a total funding of $6.42 billion. Little Trump joins the Polymarket board, focusing the prediction market on the recovery of the U.S. economy. SharpLink reports that $360.9 million was raised through a market issuance plan, acquiring 56,533 Ether (ETH) at an average cost of $4,462.

Golden Finance reported that U.S. President Trump said: (referring to Federal Reserve Board of Governors member Cook) We are ready for a legal battle. Cook seems to have engaged in misconduct. We need people who are 100% honest and upright. (referring to the Fed's statement about Cook) I will abide by the court's ruling.

According to ChainCatcher news and Jin10 reports, Cook has indicated through his private lawyer that he will challenge his identification as a member of The Federal Reserve Board of Governors in court and seek a judicial ruling. A Fed spokesperson stated that they will comply with the court ruling, and Cook's status as a member has not changed before the next meeting, allowing him to participate in the interest rate decision meeting from September 16 to 17.

Golden Finance reports that U.S. President Trump: I already have someone in mind to replace The Federal Reserve Board of Governors member Cook.

Jin10 data reported on August 26, The Federal Reserve Board of Governors member Cook's lawyer Abbe Lowell stated that Trump's actions "are flawed, and his demands lack any due process, basis, or legal foundation. We will take all necessary measures to prevent him from attempting to take illegal actions."

Odaily News The Federal Reserve Board of Governors Cook: President Trump has no authority to fire me, and I will continue to fulfill my duties. (Jin10)

Jin10 reported on August 26 that after Trump removed Lisa Cook from The Federal Reserve Board of Governors, the yield curve of U.S. Treasury bonds steepened in the Asian morning session. Independent market analyst Tina Teng stated that due to the increased expectations for Fed rate cuts after Trump posted on social media, the prices of short-term U.S. Treasury bonds are rising. However, the prices of long-term bonds are falling, partly due to increased uncertainty in the U.S. economy.

BlockBeats news, on August 26, recently, Federal Reserve Board of Governors member and popular candidate for the next Fed chair, Waller, delivered a public speech titled "Technological Advancements in Payments" at a blockchain seminar in Wyoming. He pointed out that payment systems are undergoing a "technology-driven revolution," with the latest advancements in computing power, data processing, and distributed networks driving the rise of innovative payment services. Waller stated that three things happen in any payment transaction. The same process also applies to the world of crypto. I buy a memecoin and use a stablecoin as the payment method. The transaction is conducted through smart contracts. Finally, the transaction is recorded on a Distributed Ledger. This is not scary, as it occurs in the world of Decentralized Finance or DeFi — it's just a way to transfer.

Jin10 data reported on August 26th that U.S. President Trump signed an executive order to dismiss Federal Reserve Board of Governors member Cook, causing the dollar to fall due to further sustained pressure on the independence of the Fed. In the forex market, non-dollar currencies surged against the dollar, and at the same time, gold prices soared. Trump is doing everything he can to push the Fed to cut interest rates. If he successfully fires Cook, he will try to replace Cook with a "yes man" who will obey Trump's commands. If Trump's move is indeed successful, it would also allow the governors nominated by Trump to hold a majority position on the Federal Reserve Board.

Golden Finance reported that European Central Bank board member Kazaks: We must ensure that inflation remains near target levels, and market views are "highly consistent" with benchmark expectations. We are still in a favorable position.

According to ChainCatcher news and Jin10 reports, ECB board member Lane stated that there is no need for a "preventive rate cut" as the inflation rate has reached 2%.

According to BlockBeats news, on August 22, The Federal Reserve Board of Governors member Cook responded to Trump's threat of dismissal by stating that he "has no intention to resign due to threats" and expressed that he would not yield to external pressure. Earlier today, Trump stated that if The Federal Reserve Board of Governors member Cook does not resign, he will be fired. (Zhitong Finance)

Golden Finance reported that European Central Bank board member Nagel stated that there is currently no need to further adjust the interest rate.

According to ChainCatcher news and Jin10 reports, Fed Board Governor Waller is calling for embracing the "technology-driven revolution" propelled by artificial intelligence and stablecoins as a way to boost the U.S. economy. He stated that creating new payment services using innovative technology is not a new story and emphasized that Distributed Ledger technology can provide a more efficient way to track asset transfers. Waller also pointed out the impact of Decentralized Finance in the payment sector, suggesting that if the private sector collaborates with the Fed, it could create a win-win situation.

Golden Finance reports that Fed Governor Waller will speak at the Blockchain seminar in Wyoming in ten minutes.

According to Golden Finance, the Wall Street Journal reports: Trump is considering using the excuse to fire Federal Reserve Board of Governors member Cook.