TechFlow, August 28 — According to Cointelegraph, the Trump administration is evaluating 11 potential candidates to succeed Federal Reserve Chair Jerome Powell, whose term ends in May next year. Treasury Secretary Scott Bessent said the review of these "very strong candidates" will begin next month. At least three individuals on the reported shortlist have previously expressed positive views on cryptocurrency, including David Zervos, Chief Market Strategist at Jefferies; Rick Rieder, BlackRock's Global Chief Investment Officer for Fixed Income; and Fed officials Chris Waller and Michelle Bowman.
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