🚨🔥 BREAKING: US FED SHAKE-UP COMING? 🔥🚨
Jerome Powell's Seat in Jeopardy as Trump Eyes Replacement
📅 Date: August 8, 2025
🏦 Current Chair: Jerome Powell (Term ends May 2026)
🇺🇸 President Donald Trump is expected to announce a new nominee for Federal Reserve Chair soon!
🔍 What’s Happening?
Jerome Powell has led the Fed since 2018 and was reappointed in 2022.
Rising tensions and Governor Adriana Kugler’s sudden resignation have accelerated talks of leadership change.
Treasury Secretary Scott Bessent has declined the offer.
📉 Why It Matters for Markets
A Trump-backed Fed chair could push for lower interest rates, potentially weakening the dollar and boosting risk assets like Bitcoin and equities.
🔮 Crypto Traders Take Note:
Any shift in U.S. monetary policy = Volatility ahead. Be prepared!
