Trump to Announce Fed Chair Nominee, Markets React

Donald Trump is set to announce his nominee for Federal Reserve Chair in late 2025, with Stephen Miran potentially assuming the role. This decision could significantly impact both traditional and cryptocurrency markets, as the Fed chair’s influence on monetary policy remains significant. Senator Elizabeth Warren has voiced concerns over potential compromises to the Fed’s independence, suggesting that Trump’s choices might have wider economic implications. The announcement comes amid political debate about the future direction of the Federal Reserve and its regulatory role.