Trump Seeks Powell Replacement as New Fed Chair to Take Helm

Former President Donald Trump is considering appointing a successor for Jerome Powell as the head of the Federal Reserve, potentially reshaping U.S. monetary leadership. While Trump’s decision to replace Powell could impact future monetary policies, it won’t immediately trigger significant market changes. His announcement of his preferred replacement candidate is anticipated on November 17th, 2025. This shift in leadership may influence macroeconomic trends rather than directly impacting the cryptocurrency market.