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Word on the Street: Trump Could Announce a New Federal Reserve Chair Come Early January
According to recent CNBC reporting, President Trump might make his move on filling the Fed chair position right at the start of the new year. We're talking first week of January—pretty quick turnaround.
Why does this matter for us? The Federal Reserve's leadership directly shapes monetary policy, interest rates, and ultimately how capital flows into (or out of) traditional markets and crypto. A new Fed chair could mean shifts in rate decisions, inflation strategy, and overall risk appetite.
If the appointment happens on schedule, we could see some market volatility as traders digest the implications. Keep an eye on this one—Fed policy moves have historically sent ripples through crypto markets, especially bitcoin and major altcoins.
The timeline is tight, but watching how Trump approaches this decision could give us early signals about the administration's economic priorities heading into the second half of the decade.