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BTCC / BTCC Square / Global Cryptocurrency /
Potential Replacements for Jay Powell as Fed Chair Under Trump

Potential Replacements for Jay Powell as Fed Chair Under Trump

Author:
Global Cryptocurrency
Published:
2025-04-22 18:59:01
20
2
Donald Trump is reportedly considering replacing Federal Reserve Chair Jay Powell due to his reluctance to lower interest rates. Trump desires a Fed chair who will follow his directives, but this could compromise the Fed’s independence. Potential candidates include former Fed governor Kevin Warsh, National Economic Council Director Kevin Hassett, Reagan-era economist Art Laffer, and others. Meanwhile, the US economy shows signs of stagnation, and Trump is concerned about a possible recession.

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