The Battle for the Federal Reserve Chair: 11 Candidates, One Chair, Countless Possibilities🔥🔥🔥
As Powell delivered what may be his last significant speech during his tenure at the Jackson Hole annual conference, the competition for the next chair has quietly begun!
Starting from Labor Day on September 2, Bessent will meet with the 11 candidates one by one to select the final nominee for President Trump.
Previously, Trump has not hidden his dissatisfaction with the current chair, Powell, publicly calling him a "numbskull" and a "moron" multiple times.
He desires a more "compliant" Federal Reserve chair but also needs to maintain the reputation of the Fed's independence.
Who is more likely to become the next chair of the Federal Reserve? Who will prevail is still unknown, but historical experience shows that what truly defines a Federal Reserve chair is often not the ideas they bring but the crises they face.
Greenspan encountered the internet bubble, Bernanke faced the financial tsunami, Yellen dealt with the pandemic shock, and Powell experienced the resurgence of inflation.
What will the next Federal Reserve chair encounter?
A full-blown impact of digital currencies, or an unimaginable "black swan"? This future is closely related to each of us. 11 people, one chair, countless possibilities. The game has begun.
Today’s focus: OGN BIO MEME CFX KERNEL
