U.S. Treasury Secretary Scott Bessent announced plans to recommend three to four candidates for the Federal Reserve Chair to President Trump in December. The selection process, overseen by Bessent, includes notable figures such as Christopher Waller, Michelle Bowman, Kevin Hassett, Kevin Warsh, and Rick Rieder. This decision is anticipated to influence U.S. monetary policy, with potential implications for cryptocurrency markets, particularly Bitcoin and Ethereum, which are sensitive to interest rate fluctuations.
U.S. Treasury to Propose Candidates for Federal Reserve Chair
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