President Donald Trump’s hand-picked replacement for outgoing Homeland Security Secretary Kristi Noem is set to be scrutinized by lawmakers Wednesday morning during his confirmation hearing before the Senate Homeland Security and Governmental Affairs Committee.
Trump ousted Noem as head of DHS earlier this month after internal frustrations mounted over her leadership and alleged affair with special government employee Corey Lewandowski. Trump’s revealed his replacement for Noem to be Sen. Markwayne Mullin (R-OK), long a loyal supporter of the president.
Before Mullin assumes his position as head of DHS, however, he will need to be confirmed by Congress, with his testimony before the Senate Homeland Security Committee being the first step in the process.


Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
