#NextFedChairCandidate Moves Stir Markets
Reports say President Trump is considering announcing a replacement for Fed Chair Powell by September/October โ possibly as early as this summer .
Potential Candidates:
Kevin Warsh (former Fed Governor)
Kevin Hassett (ex-White House economist)
Scott Bessent (Treasury Secretary)
Christopher Waller (current Fed Governor)
๐ Market Reaction:
US Dollar dropped to a 3-year low on hawkish dovish placement fears
Treasury yields softened, boosting prospects for rate cuts into 2026
Crypto markets see renewed upside โ Bitcoin rallied off the news, with Analysts forecasting +20% upside if rate cuts follow
๐ก Why It Matters:
A politically driven Fed appointment could tilt policy toward easier money, fueling risk assets like Bitcoin and Ethereum.
๐ What are you watching?
Will a more dovish Fed chair trigger a crypto rally or spark inflation fears?
