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US President Donald Trump will interview pro-crypto Federal Reserve Governor Christopher Waller in the present day as he considers successors to present Fed Chair Jerome Powell.
That’s in accordance with folks accustomed to the matter cited in a Dec. 16 report by the Wall Avenue Journal.
It stated Waller is certainly one of 5 candidates being thought-about, alongside entrance runner Kevin Hassett, who’s Nationwide Financial Council director, and Fed Governor Kevin Warsh.
On the decentralized prediction markets platform Polymarket, merchants give Hassett a 54% likelihood of succeeding Powell, with Warsh in second place with 23% odds. Waller’s odds have jumped from 9% to 19%.
Contract asking who Trump will nominate as subsequent Fed Chair (Supply: Polymarket)
Whereas Hassett is the new favourite, he has reportedly confronted pushback from high-level officers near Trump.
Waller Seen As Professional-Crypto
Waller joined the Fed’s Board of Governors after Trump’s nomination in 2020, and is seen as a supporter of the crypto trade.
He has stated that he views stablecoins as “merely a brand new type of non-public cash” that may co-exist with different cost devices, and he pitched the thought of “skinny” Fed Grasp accounts that might give crypto companies restricted entry to the normal monetary system.
Talking on the Fed’s first payments-innovation convention in October, he vowed that the Fed would embrace the digital asset area.
“I needed to ship a message that it is a new period for the Federal Reserve in funds — the DeFi trade just isn’t seen with suspicion or scorn,” he stated.
Extra drama in FED Chair nominations.
Waller is ready to interview with Trump. Christopher Waller is essentially the most bullish candidate, much more bullish than Hassett.
Think about if Trump picks Waller. What a flip of occasions. Hassett is now again within the lead, highest chance of being… https://t.co/fF6OO6pLL7 pic.twitter.com/oj1xTaDezU
— Radi (@asymmetryfinder) December 16, 2025
Trump Desires To Reduce Curiosity Charges
Trump has publicly criticized Powell for not being aggressive sufficient in the case of slicing rates of interest.
The Fed has introduced three consecutive price cuts this 12 months, bringing the benchmark price to the present vary of three.50% to three.75% earlier this month. Trump says that’s too little, too late, and is pushing for deeper cuts.
Waller has been a number one advocate for price cuts, the WSJ stated. When the Fed stored charges unchanged in July, he dissented in favor of a minimize.
In the meantime, the Fed Governor has additionally obtained favorable views from Wall Avenue after he made logically sound arguments for the Fed’s current price cuts, the report added.
However he’s nonetheless seen as an underdog as a result of it’s believed Hassett and Warsh have nearer private relationships with Trump.
Treasury Secretary Scott Bessent stated earlier this week that Trump will possible announce his choose subsequent month. Powell’s time period as Fed Chair expires in Might 2026.
Some consultants have stated {that a} new Fed Chair may very well be bullish for the crypto market. Amongst them is BitMine Chairman Tom Lee, who stated {that a} new Chair will shift the central financial institution to a extra dovish tone.
That would present a lift for the struggling crypto market, which has been in an prolonged downturn for the reason that file $19 billion liquidation occasion on Oct. 10.
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