Federal Reserve Chairman Transition? Trump Praises Wosh, Who Jumps to the Top of the List for Next Fed Chair

By: theblockbeats.news|2025/12/13 21:16:09
0
Share
copy

BlockBeats News, December 13th, according to The Wall Street Journal, on Friday, U.S. President Trump stated that Kevin Warsh has risen to the top of his next Federal Reserve Chair candidate list, but other candidates are still in the running. Previously seen as a candidate on Trump's list but not the frontrunner, Warsh, who himself served as a Fed governor, apparently gained further favor after meeting with Trump on Wednesday.

"Yes, I do. I think he is," according to interview content released Friday afternoon, when asked if Warsh is at the top, Trump told the media so. Referring to the frontrunner widely favored by the previously predicted market, National Economic Council Director Kevin Hassett, Trump said, "I think both Kevins are great." "I think there are several other excellent candidates," he added.

Hassett had previously emerged as the frontrunner. In public, when asked about the possibility of taking over the position, he has always been cautious, only stating that he would accept if invited. Democratic Senator Elizabeth Warren of Massachusetts expressed on Thursday on the NBC financial channel her concern that Trump would appoint a "puppet" as Fed chair to carry out his wishes.

In addition to emphasizing Warsh's potential appointment to the position, Trump once again reiterated his past view that the Fed Chair should consult with the President on interest rate decisions. This move would overturn the tradition of the Fed maintaining independence.

-- Price

--

You may also like

Reduced to a hacker's ATM yet standing tall, the theft of Venus reflects the awkwardness of DeFi

After experiencing over $100 million in bad debts in at least four incidents, Venus remains the leading player in the lending sector on the BNB Chain, making it a rare "survivor" in the crypto space.

Under geopolitical conflicts, a policy window has opened. Can Hong Kong seize this wave of RWA opportunities?

The RWA wave sweeps the globe: the scale of on-chain real assets surged fourfold in one year, exceeding 25 billion USD. Hong Kong, backed by the mainland's "going out" policy window, is accelerating the tokenization process of physical assets from entertainment to real estate.

For Web3, this time Cai Wensheng is determined to get his hands dirty

This industry has experienced too many undignified endings; a bull market and a recovery cannot solve the problem. In the end, it will rely on projects that truly succeed and ecosystems that are genuinely established to win a dignified victory for the crypto OGs.

Ethereum Foundation Sets Up a "Dead Man's Switch," Will the Community Buy It?

The Ethereum Foundation's Manifesto Has Torn the Community Apart: Punk Idealism or Disconnect from Reality?

ConversationArthur Hayes: AI Will Spark Financial Crisis, Wait for Central Bank Money Printing Before Buying Bitcoin

「War Means Printing Money, and Printing Money is Good for Bitcoin」

From Power to Chip: How the Average Person Can Participate in the Wealth Opportunities of the AI Era

Everyone is talking about AI applications, but the real money-maker is the person selling the "shovel."

Popular coins

Latest Crypto News

Read more