Waller Gains Momentum as Fed Chair Contender Amid Powell’s Exit Rumors and TRUMP Token Rally

The Federal Reserve is approaching a leadership transition as Christopher Waller emerges as the top candidate to replace Chair Jerome Powell. With Powell's departure appearing imminent—potentially before May following Kugler's resignation—internal dissent suggests upcoming Fed meetings will differ significantly from past sessions.

Waller has positioned himself as the frontrunner to lead interest rate policy, already securing support from Governor Bowman and engaging with Trump's advisors. His data-agnostic, forecast-driven approach aligns with key political stakeholders. While no direct meeting between TRUMP and Waller has occurred, backchannel discussions indicate serious consideration.

Cryptocurrency markets reacted sharply to news of an impending executive order, with TRUMP-themed tokens surging ahead of the 19:00 announcement. This regulatory development may trigger volatility across major digital assets as traders adjust positions for potential oversight changes.