11 Candidates Vie for Fed Chair Position: Impact Expected

The U.S. Treasury has announced 11 strong candidates vying to become the next Federal Reserve Chair, with interviews scheduled after Labor Day, potentially aligning with former President Trump’s preferred choice. This decision could significantly impact interest rates and financial markets worldwide, including those tied to cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). The selection process will influence the direction of monetary policy, impacting global economic conditions and asset prices. 11 candidates have been shortlisted by Secretary of the Treasury Scott Bessent, who aims to present a final decision to President Trump before fall.