📌 Just In
Trump Says He Has Decided on the Next Federal Reserve Chair (But Hasn’t Announced the Name)
President Donald Trump confirmed in a recent interview that he has already made up his mind on who will be the next Federal Reserve Chair to replace Jerome Powell, though he hasn’t publicly disclosed the choice yet. Meanwhile, prediction markets like are actively pricing the odds on potential nominees
(Former Fed governor Kevin Warsh currently holds roughly 40% probability of being named, slightly ahead of other contenders)
These odds reflect traders’ expectations about who Trump might formally nominate as chair.
📊 Why This Matters for Markets & Crypto
The Fed Chair is one of the most influential roles in global finance, shaping U.S. monetary policy, interest rates, liquidity conditions, and expectations around inflation.
If Trump’s eventual pick (whether Warsh or someone else) will be in favore of rate cuts or looser policy), this could be bullish for risk assets like equities and cryptocurrencies, as lower interest rates and easier liquidity conditions have historically supported crypto prices.
It will be very interesting to see this, hopefully we will soon know.
Source: Benzinga & Prediction Market Tracking
