While still angry with Jerome Powell, President Trump is considering his successor, and is expected to announce his decision soon before Powell's term ends.

However, the WSJ said that announcing Powell's replacement early could create an awkward situation for both Trump and the chosen candidate.

If they criticize their colleagues at the Fed to please Trump, it will be difficult for them to get key support from the Senate (where Fed members have the power to decide). If they lean toward the Fed, they could upset Trump and lose the chance to succeed him.

The list of candidates under consideration includes:

• Kevin Warsh - Former Fed Governor (2006-2011) was interviewed for the position of Secretary of the Treasury last November.

• Kevin Hassett - Head of the US National Economic Council

• Chris Waller - Current Fed Governor

• David Malpass - Former President of the World Bank

• Scott Bessent - Current Treasury Secretary

In conclusion, according to WSJ, President Trump should not rush to announce the next FED Chairman because the chosen person will easily become a target and the possibility of actually becoming Powell's successor is even lower. #Fed #DonaldTrump $BTC $TRUMP