Trump Narrows Fed Chair Shortlist to Five, Aims for Decision by Year-End

President TRUMP has accelerated the search for the next Federal Reserve chair, narrowing the field to five candidates. Current Fed Governors Christopher Waller and Michelle Bowman, National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh, and BlackRock executive Rick Rieder are under consideration. The administration seeks to name Jerome Powell’s successor before year-end, bypassing the traditional May transition timeline.

Interviews are already underway, with a final round expected after Thanksgiving. Trump emphasized the urgency, stating, "We are looking to announce by the end of the year." A swift decision could reshape the seven-member board, granting Trump four appointees if Powell departs entirely.

Market implications remain speculative, but leadership shifts at the Fed often Ripple through monetary policy—and by extension, risk assets like cryptocurrencies. The candidates’ stances on regulation and digital innovation could influence institutional crypto adoption.