According to CoinPaper, U.S. President Donald Trump stated he plans to name the next Federal Reserve chairman in early 2026. During a White House meeting, Trump criticized current Fed Chair Jerome Powell for resisting earlier rate cuts and highlighted economic improvements, including easing inflation and better mortgage conditions. He also hinted that Kevin Hassett, head of the White House National Economic Council, may be a leading candidate for the role. Michelle Bowman, a pro-crypto Fed Governor, is also reportedly under consideration. The announcement has sparked renewed momentum in both traditional and crypto markets, as investors anticipate potential shifts in monetary policy.
Trump Announces Plan to Name Next Fed Chair in Early 2026, Hints at Kevin Hassett
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