🇺🇸 Potential candidates for the position of President of the Federal Reserve (Fed) (data from Polymarket)
1. Kevin Warsh - 31%
- He was a member of the Board of Governors of the Fed from 2006 to 2011.
- During the financial crisis of 2008, he was considered a link between the Fed and Wall Street.
- He worked at the investment bank Morgan Stanley before joining the Fed.
- He is considered a supporter of a strict monetary policy ("hawk"/in favor of raising rates).
2. Kevin Hassett - 24%
- Current economic advisor to Donald Trump.
- One of the authors of the book "Dow 36,000," published in 1999 – Kevin Hassett claimed that stocks were very undervalued and that the Dow index would reach 36,000 in just a few years. The market reached that level only 22 years later.
- He is known for his pro-business views and support for tax cuts.
3. Chris Waller - 16%
- He is currently a member of the Board of Governors of the Fed.
- Before his appointment to the Fed, he was director of research at the St. Louis Federal Reserve Bank. His academic work has focused on financial markets.
- He often expresses moderately "hawkish" views on inflation.
4. Judy Shelton - 4%
- She is a proponent of the gold standard, making her an unconventional candidate for the Fed.
- Her Senate candidacy generated intense debates, and she has already been rejected twice in the past.
- She worked at the European Bank for Reconstruction and Development.
5. Scott Bessent - 1%
- Current Secretary of the Treasury of the United States.
- Former Chief Investment Officer (CIO) of Soros Fund Management.
- He founded his own investment fund, Key Square Group.
- He has no experience in central banking, making him an unlikely but interesting option for Trump. #cryptonews #