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According to reports, U.S. President Trump revealed in an interview that he already has a candidate in mind for the next Federal Reserve Chair, but has not yet made it public. Interestingly, he mentioned that Chief Economic Advisor Haskett is "one of the absolute favorites," which immediately sparked market speculation.
The numbers in the prediction market are more straightforward — Kevin Wash has a 41% chance of being elected Federal Reserve Chair, followed by Kevin Haskett at 39%, and Christopher Waller at 12%.
This matter is not trivial for the crypto world. The choice of the Federal Reserve Chair relates to the monetary policy tone for the coming years, directly affecting liquidity conditions and the overall direction of the crypto market. Currently, the market is waiting for Trump's final announcement—who will sit in that chair, who knows.