As Jay Powell stood up to deliver what will almost certainly be his final address to the global economic-policymaking elite at Jackson Hole on Friday, a rival conference had just wrapped up in the same Grand Tetons mountain resort.
Headlined by Eric Trump, the speakers at the Wyoming Blockchain Symposium touted what they believed to be the new frontier of money. Their number included senior officials in the Trump administration, tech entrepreneurs and influential Republican Senator Tim Scott.
Held at the plush Four Seasons hotel, the blockchain event was a stark reminder of the political, intellectual and cultural clash that the US central bank is now facing.
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