Trump Considers Replacing Fed Chair Before 2026 Term Ends
The post Trump Considers Replacing Fed Chair Before 2026 Term Ends appeared on BitcoinEthereumNews.com. Key Points: Trump considers announcing a replacement for Fed Chair Powell in 2025. Potential impacts could include market volatility, affecting USD and cryptocurrencies. Warsh, a candidate, criticizes the Fed yet may not align with Trump’s rate goals. Former U.S. President Donald Trump’s discussions about replacing Federal Reserve Chair Jerome Powell have been reported, considering action before Powell’s term ends in May 2026. His contemplation could lead to policy uncertainties and impact global financial markets, raising concerns about Fed independence. Trump’s dissatisfaction focuses on the Fed’s reluctance to rapidly lower interest rates, a stance not in line with his preferences. Warsh’s perspective on inflation, characterized as hawkish, adds another layer of complexity allying with Trump’s goals. If implemented, these leadership changes could potentially result in significant shifts in monetary policy. Trump Eyes Fed Leadership Change with Warsh as Top Candidate Reports have surfaced suggesting that Donald Trump is weighing the possibility of announcing a replacement for Jerome Powell, current Chair of the Federal Reserve, before his term concludes in May 2026. Former Federal Reserve Governor Kevin Warsh is discussed as a potential successor. Warsh has advised Trump against premature actions, advocating for institutional stability. This move aligns with Trump’s criticism of the Federal Reserve’s handling of interest rates. Market and political observers are closely watching these developments. Trump’s previous comments indicate a desire for interest rates between 1% and 2%, strikingly below the current targets. Any formal announcement regarding a leadership shift could increase market volatility and provoke global financial responses. Treasury yields and major cryptocurrencies, such as Bitcoin and Ethereum, are poised for fluctuations. “We have a bad Fed chairman, but other than that… it doesn’t even matter, the numbers are so good it doesn’t matter that he keeps the rates artificially high… We should be at 1% or 2%.”…
The post Trump Considers Replacing Fed Chair Before 2026 Term Ends appeared on BitcoinEthereumNews.com.
Key Points: Trump considers announcing a replacement for Fed Chair Powell in 2025. Potential impacts could include market volatility, affecting USD and cryptocurrencies. Warsh, a candidate, criticizes the Fed yet may not align with Trump’s rate goals. Former U.S. President Donald Trump’s discussions about replacing Federal Reserve Chair Jerome Powell have been reported, considering action before Powell’s term ends in May 2026. His contemplation could lead to policy uncertainties and impact global financial markets, raising concerns about Fed independence. Trump’s dissatisfaction focuses on the Fed’s reluctance to rapidly lower interest rates, a stance not in line with his preferences. Warsh’s perspective on inflation, characterized as hawkish, adds another layer of complexity allying with Trump’s goals. If implemented, these leadership changes could potentially result in significant shifts in monetary policy. Trump Eyes Fed Leadership Change with Warsh as Top Candidate Reports have surfaced suggesting that Donald Trump is weighing the possibility of announcing a replacement for Jerome Powell, current Chair of the Federal Reserve, before his term concludes in May 2026. Former Federal Reserve Governor Kevin Warsh is discussed as a potential successor. Warsh has advised Trump against premature actions, advocating for institutional stability. This move aligns with Trump’s criticism of the Federal Reserve’s handling of interest rates. Market and political observers are closely watching these developments. Trump’s previous comments indicate a desire for interest rates between 1% and 2%, strikingly below the current targets. Any formal announcement regarding a leadership shift could increase market volatility and provoke global financial responses. Treasury yields and major cryptocurrencies, such as Bitcoin and Ethereum, are poised for fluctuations. “We have a bad Fed chairman, but other than that… it doesn’t even matter, the numbers are so good it doesn’t matter that he keeps the rates artificially high… We should be at 1% or 2%.”…
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