As of Aug 8, 2025, Jerome Powell remains Chair of the U.S. Federal Reserve (term ends May 2026), but political and market chatter suggests a potential leadership change soon.

📌 Current Situation

Powell has been at the helm since Feb 2018, reappointed in May 2022.

Tensions between Powell and President Donald Trump are growing.

Fed Governor Adriana Kugler has resigned early, adding to the uncertainty.

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🏛 What’s Next?

President Trump is expected to announce a nominee for the Fed Chair role in the coming days.

Shortlist Includes:

Christopher Waller

Kevin Hassett

Kevin Warsh

Treasury Secretary Scott Bessent has declined the nomination.

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📊 Market Implications

Trump’s push for lower interest rates could reshape U.S. monetary policy.

A dovish chair could boost risk assets like stocks, crypto, and real estate.

Traders watching for hints on inflation strategy & rate cuts.

💡 Why It Matters for Crypto:

Lower interest rates generally weaken the dollar and increase demand for Bitcoin & digital assets as alternative stores of value.

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