Who is the successor of Jerome Powell?083187424120831874241268270477045
According to a report by The Wall Street Journal, U.S. President Donald Trump may soon announce the name of the successor to Fed Chairman Jerome Powell.
đ Why is it important?
The leadership of the Federal Reserve directly affects U.S. interest rates, dollar strength, and the crypto market as well.
đ¯ Potential candidates:
đKevin Warsh â former Fed governor
đKevin Hassett â Director of the National Economic Council
đScott Bessent â Treasury Secretary
đDavid Malpass â former President of the World Bank
đChristopher Waller â current Fed governor
đ Trump is eager to lower interest rates quickly, which Powell is reluctant to accept. As a result, the chances of a change are increasing.
đ This announcement could impact market movement â stay tuned!
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