Trump to Announce New Fed Chair, Impacting Financial Markets and Crypto

President Donald Trump is set to name a new Federal Reserve (Fed) chair, shaking up financial markets and raising expectations for policy shifts. The announcement comes amidst uncertainty about the future of current chair Jerome Powell’s tenure. Potential contenders include Kevin Warsh and Chris Waller, whose decisions could significantly impact interest rates and economic strategies. Markets are bracing for potential hawkish changes under a Trump-led Fed.