Fed Chair Selection Nears Completion; Potential Global Financial Impact

The process for selecting the next Federal Reserve Chair is progressing, with a decision anticipated before Christmas 2025. This choice has significant implications for global financial markets and cryptocurrencies, which often react to changes in US monetary policy. As the selection moves into its second phase with interviews starting shortly, key figures like President Trump and current Fed Chair Jerome Powell are among those involved, alongside candidates such as Christopher Waller and Michelle Bowman.