Pisent says 11 “strong” candidates in Tuabour to replace the Jerome Powell store star-news.press/wp

US Treasury Secretary Scott Payet stated that eleven candidates could replace the Jerome Powell as head of the following Federal Reserve. This includes some federal reserve officials, including the governor of the Federal Reserve, Chris Walir, who is the applicant for this position.

Bessent offers a possible update on the possible successor of Jerome Powell

during Fox business interviewPesin said that eleven strong candidates can become the next Federal Reserve Chair. He pointed out that President Trump knows some of them, while he does not know others.

The Treasury Secretary revealed that some other White House officials will start interviewing with these candidates after the day of the workers on September 1. Pesin said they would present a brief list of three to four Trump candidates as soon as the interviews are completed.

He also mentioned that Trump has a sophisticated view of monetary policy and great respect for federal reserve studies despite his continuous criticism of Jerome Powell because of his refusal to reduce rates.

Bessent saw that the president believes that the US Central Bank has lost its way and is now seeking an expert in monetary policy and organizational policy, and knows how to manage an institution like the Federal Reserve.

The Jerome Powell’s work period is the Federal Reserve Chair in May of next year, although Trump can announce the next Federal Reserve from now, a move that raised the fears of “remaining feeding”. Meanwhile, Coingape said earlier, conservatives who feed the conservatives Chris, Michel Bowman and Philip Jefferson are among the eleven candidates who hinted at Bessent.

The other candidates are said to replace the Jerome Powell store, including Kevin Wrash, Kevin Haysit, Mark Samlin, Chairman of the Federal Reserve in Dallas Lori Logan, former Federal Reserve Chairman at St. Louis James Pollard, David Zarfous, former Federal Reserve Governor Larry Lindsay, and Recek Reader.

Chris Waller leads the race

Polymark data shows that Chris Walsh is currently preferred to replace Jerome Powell and the next Federal Reserve becomes. There is currently 27 % chance that Trump is called as the next Federal Reserve head this year.

Meanwhile, there is an opportunity of 11.2 % and 9.3 % to mention President Kevin Haysit and Kevin Warb, respectively, such as the successor of Jerome Powell this year. However, the market still prefers that Trump will not mention the next Federal Reserve Chair this year, as there is 37 % chance that this is what will happen.

As Coingepe mentioned, the Trump team prefers Waller because of its willingness to work based on expectations instead of the current data. This is unlike Powell, who prefers the approach to waiting and seeing before deciding on monetary policies.

It should be noted that the Federal Reserve Chair indicates the possibility of reducing the September rate at the Jackson Hall conference. This came as he admitted that the negative risks of the labor market are increasing.

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Alignafe Adeyemi

Boluwatife Adeyemi is a writer and editor of encryption news that covers topics that exceed several ports. Its speed and alacity covering uniform break updates. He has a talent to simplify the most technical concepts and make them easy to understand beginners in encryption. Boluwatife is also a lawyer, a law certificate from the University of Ibadan. It also holds a certificate in digital marketing. Away from writing, he is a fan of thirsty basketball, traveler, and part -time Degen.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Why confidence: Coingaape: Coingepe has covered the coded currency industry since 2017, with the aim of providing useful visions to our readers. Journalists and analysts bring years of experience in market analysis and Blockchain technology to ensure realistic accuracy and balanced reports. By following our editorial policy, our book is achieved from every source, and verifies each story, and they depend on the reputable sources, quotes and media properly. We also follow a strict review methodology when evaluating exchanges and tools. From Blockchain projects emerging and launching operations to industry events and technical developments, we cover all aspects of the area of ​​digital assets with a fixed commitment to the relevant information in time.

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