#USFedNewChair : What’s Shaking Up the Fed?

President Trump has moved quickly to fill a surprise vacancy on the Federal Reserve’s Board by nominating Dr. Stephen Miran, his longtime economic ally, to serve until January 31, 2026, following Governor Adriana Kugler’s resignation. Miran’s appointment signals a shift toward a more dovish Fed—markets are now betting on interest rate cuts starting as early as September.

(New York Post) (Reuters)

Meanwhile, speculations are heating up over who might succeed Jerome Powell when his chair term expires in May 2026. Two names are topping the list: Kevin Hassett, known for close alignment with Trump’s economic agenda, and Kevin Warsh, a former Fed governor viewed as more independent.(The Times)

For now, markets are riding optimism: futures are up, and JPMorgan forecasts up to four rate cuts this year—beginning in September.$BTC $ETH $XRP