CoinVoice has recently learned that, according to CNBC, the Trump administration is considering at least 11 candidates to succeed current Fed Chairman Powell, of whom 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, Fed Vice Chairman Philip Jefferson, Fed Governor Chris Waller, Vice Regulatory Chairman 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 is closely linked 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 program. Meanwhile, BlackRock's Rieder has a positive attitude towards cryptocurrency, stating that Bitcoin could become an important part of asset allocation and believing that cryptocurrency 'will exist for the long term.' In addition, Fed candidates Waller and Bowman have also recently shown an open attitude towards cryptocurrency. Bowman suggested that Fed employees could invest a small amount in cryptocurrency to better understand the technology, while Waller believes that the banking industry need not fear cryptocurrency payment technologies.
In contrast, current Chairman Powell has a more cautious attitude towards cryptocurrency, stating that Bitcoin is more like a competitor to gold rather than a substitute for the U.S. dollar. [Original link]