Trump lauds Chris Waller as ‘great’ after Fed chair interview, will pick within weeks
Donald Trump praised Fed chair nominee Chris Waller and stated he will select a replacement for Jerome Powell within weeks.Summary
US President Donald Trump offered positive remarks about Federal Reserve chair nominee Chris Waller, calling him a "fantastic man" after an interview, as he narrows down his choice to replace current Chair Jerome Powell. Trump indicated he has shortlisted three or four candidates and expects to make an announcement in the "next couple of weeks." Waller has been perceived as relatively supportive of crypto, having previously stated there is "nothing to be afraid of" regarding crypto payments outside the traditional banking system. According to the prediction platform Polymarket, Waller currently has a 14% chance of selection, trailing Kevin Hassett (53%) and Kevin Warsh (28%). The crypto industry is closely monitoring the Fed chair developments, as the Federal Reserve's interest rate decisions significantly impact broader crypto market conditions.
(Source：Cointelegraph)