Trump Announces Early 2026 Timeline for New Fed Chair, Impacting Markets and Crypto

US President Donald Trump has confirmed the timing for his selection of a new Federal Reserve chair: an announcement expected early next year. This decision will significantly impact US monetary policy during a period marked by cooling inflation and uneven growth. 10 potential candidates were initially considered, but a single candidate is being finalized with the president’s influence on specific economic agendas likely to play a large role in this selection. 2026 marks the end of Jerome Powell’s term as Fed Chair, offering Trump a chance to reshape monetary policy and potentially lean towards his preferred crypto-friendly agenda through a chosen nominee.