As of August 8, 2025, Jerome Powell remains Chair of the U.S. Federal Reserve, with his term set to expire in May 2026. But serious rumblings in Washington signal a potential early exit.
Key Developments:
– Powell, first appointed in 2018 and reappointed in 2022, may soon be replaced
– President Donald Trump is expected to announce his pick for Fed Chair in the coming days
– Top contenders reportedly include Christopher Waller, Kevin Hassett, and Kevin Warsh
Why It Matters:
A Trump-aligned Fed Chair could push for lower interest rates, triggering significant changes in inflation strategy, monetary policy, and market dynamics.
This decision could send shockwaves through stocks, bonds, and crypto markets. All eyes are now on the White House.
#JeromePowell #TRUMP #FederalReserve #USFed #Write2Earn $TRUMP
