On August 28, CoinWorld reported, according to CNBC, that the Trump administration is considering at least 11 candidates to replace current Federal Reserve Chair Jerome Powell, among which at least three have publicly expressed a positive attitude towards cryptocurrency. U.S. Treasury Secretary Scott Bessent recently stated that these candidates include Dallas Fed President Lorie Logan, former St. Louis Fed President James Bullard, Federal Reserve Vice Chairman Philip Jefferson, Fed Governor Chris Waller, Deputy Regulatory Chair Michelle Bowman, and former Fed Governor Larry Lindsey. Additionally, there are Bush administration economic advisor Marc Sumerlin, Jefferies Chief Market Strategist David Zervos, and BlackRock Global Fixed Income Chief Investment Officer Rick Rieder, among others. Among them, Jefferies has close ties to the cryptocurrency sector, having supported the listings of crypto-related companies such as eToro and Circle Internet Group, and invested early in Michael Saylor's Bitcoin initiative. Meanwhile, BlackRock's Rieder has a positive stance towards cryptocurrencies, stating that Bitcoin could be an important part of asset allocation and believes that cryptocurrency 'will exist for the long term.' Furthermore, Federal Reserve candidates Waller and Bowman have also recently shown openness towards cryptocurrencies. Bowman suggested that Federal Reserve employees could make small investments in cryptocurrencies to better understand the technology, while Waller believes the banking industry should not fear cryptocurrency payment technology. In contrast, current Chair Powell has a more cautious attitude towards cryptocurrencies, stating that Bitcoin is more like a competitor to gold rather than a substitute for the dollar.

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