🚨🔥 BREAKING – U.S. FED SHAKE-UP ALERT 🔥🚨
📅 Date: August 8, 2025
Jerome Powell is still steering the U.S. Federal Reserve, with his term ending in May 2026—but the winds of change are blowing fast.
🔍 What’s Happening:
Powell, in the Chair since Feb 2018, began his second term in May 2022.
President Donald Trump is gearing up to reveal his pick for the next Fed Chair—possibly within days.
This comes after Governor Adriana Kugler’s early resignation and rising tensions between Powell and the Trump administration.
🏛 Potential Successors:
With Treasury Secretary Scott Bessent declining the role, Trump’s shortlist now includes Christopher Waller, Kevin Hassett, and Kevin Warsh.
💡 Why It Matters:
A new Chair could shift U.S. monetary policy dramatically. Trump has been vocal about wanting lower interest rates, a move that could reshape inflation control, lending, and market sentiment.
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💹 TRUMP: 9.21 ▲ +2.33%
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