BlockBeats News, August 6, according to foreign media analysis, if U.S. President Trump chooses Kevin Hassett or David Malpass to succeed Kuggler's position as a Federal Reserve governor, the dollar may weaken. This is because Hassett and Malpass are seen as more dovish than another popular candidate for the position, Kevin Warsh. Trump is expected to announce who will succeed Kuggler before the end of this week, and this candidate may also become the successor to Powell as the Federal Reserve Chairman. Trump has narrowed down the candidates to four: Hassett, Malpass, Warsh, and current Federal Reserve governor Waller. Regardless of whom Trump ultimately chooses to replace Kuggler, this candidate is likely to advocate for a rate cut by the Federal Reserve in September exceeding 25 basis points. (Jinshi)