Trump to Nominate New Federal Reserve Chair Soon: Market Implications Looming

President Trump is poised to announce his choice for the next Federal Reserve Chair, with Stephen Miran emerging as the leading candidate. This nomination has sparked concerns about potential political interference and its impact on financial markets like Bitcoin (BTC) and Ethereum (ETH). Miran’s appointment comes after he served as a senior economic advisor to the president. Senator Elizabeth Warren has strongly opposed this choice, arguing it poses risks to the Fed’s independence.