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It is not immediately known if Powell’s remarks will include his thoughts on a digital dollar.
According to the company's statement at the time of the hacks, the attacks were said to have affected only a "limited" number of clients.
There's still a chance a stimulus package can be passed before the presidential election, but those chances are fading, said the U.S. president.
The move comes as Ant, a global leader in digital payments, is readying what could be an offering worth up to a record $35 billion.
Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, JPMorgan wrote.
The Russian central bank said it's starting public consultations on the possibilities of issuing a CBDC.
Bank of Japan Governor Haruhiko Kuroda said Monday the central bank will begin experiments on a digital yen in the spring.
Central banks are rushing into digital currencies without considering how the risks might outweigh any benefits, the column argues.
The U.S. House Speaker says President Trump's recently boosted proposal still doesn't go far enough.