Trump Announces Federal Reserve Chair Search, Market Awaits Announcement

President Donald Trump has announced plans to appoint a new Federal Reserve Chairman. While the specific candidate is yet to be revealed, three to four names are currently under consideration, according to sources within the White House and Treasury departments. This move signals potential shifts in monetary policy that could impact financial markets, including cryptocurrencies. Uncertainty surrounding the appointment process has prompted speculation about its implications for interest rates and market dynamics, particularly in the realm of digital currencies.