President Trump is poised to shake up the Federal Reserve by nominating a new chairman, potentially replacing Jerome Powell who faces scrutiny for his interest rate policies. This potential leadership change carries significant market impact as it could alter monetary policy and financial stability. Trump has criticized Powell’s decisions, sparking speculation about the Fed’s direction and its implications for both traditional and digital assets. Kevin Warsh, a former Fed Governor, is mentioned as a possible successor with a known hawkish stance, potentially leading to higher interest rates and impacting cryptocurrencies like Bitcoin and Ethereum. The market is closely watching these developments, as any change in leadership could influence monetary policy and create volatility in the financial markets. Past pressure on Powell for rate cuts by Trump led to significant market reactions. Understanding the Fed’s independence and its implications for global economies and markets is vital, particularly with this potential shift in leadership at a critical moment.