PANews August 7 report, informed sources revealed that as Trump's advisors search for Powell's successor, Federal Reserve Governor Waller is gradually becoming a popular candidate for the position of Federal Reserve Chair. These informed sources stated that Trump's advisors are impressed with Waller because he is willing to formulate policies based on forecasts rather than current data, and he has a deep understanding of the entire Federal Reserve system. They also mentioned that Waller has met with the president's team regarding this position, but has not yet met with Trump himself.