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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
Post with #MyFirstPostOnSquare to receive a $50 Position Voucher each
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Details: https://www.gate.com/announcements/article/47889Gate 2025 Year-End Gala Square TOP50 List Announced!
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Trump softens stance: Has a candidate in mind for new Fed Chair
On December 10, news broke in the crypto world that Trump revealed some information while flying on Air Force One to Pennsylvania.
He told reporters that, regarding the candidates to replace Powell as Federal Reserve Chair, he had met with “several” candidates. However, he then added, “I actually already have an idea in mind; I know who I want.”
It seems the suspense over the new Fed Chair won’t last much longer. The change of leadership at the Federal Reserve is no small matter for global financial markets. We’ll keep watching to see how monetary policy might shift.