#NextFedChairCandidate Who is the successor of Jerome Powell?
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.
🔍 Why is it important?
The leadership of the Federal Reserve directly affects U.S. interest rates, dollar strength, and the crypto market as well.
🎯 Potential candidates:
👉Kevin Warsh – former Fed governor
👉Kevin Hassett – Director of the National Economic Council
👉Scott Bessent – Treasury Secretary
👉David Malpass – former President of the World Bank
👉Christopher Waller – current Fed governor
📉 Trump is eager to lower interest rates quickly, which Powell is reluctant to accept. As a result, the chances of a change are increasing.
👀 This announcement could impact market movement — stay tuned!