According to internal sources within the U.S. government, personnel changes at the Fed may spark a new wave of turbulence. The current two vice chairs, Bowman and Jefferson, along with Dallas Fed President Logan, have entered the list of candidates for Fed Chair. This news has attracted widespread attention in the financial sector.



Treasury Secretary Besant stated that the selection process is progressing in an orderly manner, and more potential candidates will be interviewed in the coming weeks. Trump is expected to make a final decision this fall.

In addition to the three candidates mentioned above, informed sources revealed that Trump's economic advisors Kevin Hassett, Fed Governor Waller, economist Mark Zandi, former Fed officials Kevin Warsh, and James Bullard are also under consideration. This candidate list includes several heavyweight figures from the financial sector, highlighting the importance that the Trump team places on this selection.

It is worth noting that Trump recently nominated Stephen Moore, the chairman of the White House Council of Economic Advisers, to fill a seat on the Fed Board of Governors. Since Moore's nomination has been submitted for Senate confirmation, the Trump team does not seem in a hurry to determine a new chairperson.

During the selection process, Treasury Secretary Becerra will conduct interviews with all candidates and subsequently recommend a shortlist to the President. The final selectees will have the opportunity to meet directly with the President, which will undoubtedly be a key step in determining the future direction of the Fed.

The change of the Fed chair not only concerns the direction of U.S. financial policy but will also have a profound impact on the global economic landscape. All sectors will closely follow the progress of this selection process and the potential policy changes it may bring.
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StableGeniusvip
· 2h ago
predictably another round of wall st puppets... as if it matters who sits in that chair
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BearMarketBarbervip
· 08-11 19:48
Another wave of crypto world disaster is coming...
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LightningAllInHerovip
· 08-11 19:48
It doesn't matter who comes.
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ContractExplorervip
· 08-11 19:43
The Fed has rolled in again.
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AllInAlicevip
· 08-11 19:27
The market is about to go wild again.
View OriginalReply0
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