Trump Eyes New Fed Chair as Selection Process Begins, Focusing on Crypto Views

The Trump administration is actively seeking a successor to Federal Reserve Chair Jerome Powell, whose term expires next year. This process aims for a candidate who can garner both the President’s approval and financial market confidence. The list of potential candidates includes current Fed Vice Chairs Philip Jefferson and Michelle Bowman, Dallas Fed President Lorie Logan, former St. Louis Fed President Jim Bullard, and macroeconomic advisor Marc Sumerlin. Additional private sector figures are also being considered as potential additions to this shortlist. )