🚨🔥 BREAKING NEWS 🔥🚨

US Federal Reserve New Chair Update

As of August 8, 2025, Jerome Powell remains the Chair of the U.S. Federal Reserve, with his term set to expire in May 2026. However, there are developments suggesting a potential change in leadership soon.

- *Current Situation*: Jerome Powell has been serving as Fed Chair since February 2018 and was confirmed for a second term starting in May 2022.

- *Upcoming Appointment*: President Donald Trump is set to announce his nominee for the Federal Reserve Chair in the coming days, following Governor Adriana Kugler's early resignation and tensions with current Chair Jerome Powell.

- *Potential Candidates*: With Treasury Secretary Scott Bessent declining the nomination, Trump has narrowed down the list of potential candidates. Names like Christopher Waller, Kevin Hassett, and Kevin Warsh are being considered for the role ¹ ².

Implications of a New Fed Chair

A change in Fed leadership could impact U.S. monetary policy, particularly regarding interest rates and inflation management. Trump's administration has been pushing for lower interest rates, which could influence the direction of monetary policy under a new chair ¹.

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