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The Trump administration is considering 11 candidates for Federal Reserve chairman, three of whom have expressed positive views on cryptocurrencies.

2025-08-28 07:11

Odaily Planet Daily reports that the Trump administration is evaluating 11 candidates to succeed Federal Reserve Chairman Jerome Powell, whose term expires next May. Treasury Secretary Scott Bessent stated that the review will begin next month, and the candidates are all "extremely strong candidates." Sources claim that at least three of them have previously expressed openness to cryptocurrencies: Jefferies Chief Market Strategist David Zervos, BlackRock's Chief Investment Officer of Global Fixed Income Rick Rieder, and Federal Reserve officials Chris Waller and Michelle Bowman. (Cointelegraph)