Summary
- U.S. President Donald Trump announced that he may announce the successor to the Fed Chair earlier than expected.
- President Trump reported that the shortlist has been narrowed down to 3 to 4 candidates.
- The news of an early Chair nomination may impact market volatility.
According to Bloomberg on the 13th (local time), U.S. President Donald Trump stated that he may announce the successor to the current Federal Reserve (Fed) Chair, Jerome Powell, "a little earlier" than originally planned.
At an event at the Washington Kennedy Center that day, President Trump said, "I will soon nominate a new Chair," and added, "I'm thinking about making the announcement a little earlier."
He explained that the pool of candidates has been narrowed down to 3 to 4 people and introduced them as "all excellent individuals."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
