Donald Trump Says Fed Chair Nominee Chris Waller Is 'Great'
President Donald Trump gave positive comments about pro-crypto Fed chair nominee Chris Waller, calling him “fantastic” and supportive of his career. Waller, seen as crypto-friendly, recently stated there is “nothing to be afraid of” regarding crypto payments outside traditional banking. Prediction market Polymarket gives Waller a 14% chance of being chosen, behind economic adviser Kevin Hassett (53%) and former Fed governor Kevin Warsh (28%). Trump indicated the shortlist is down to three or four candidates and praised all as good choices. He expects to announce his pick within a few weeks. The crypto industry is closely watching the nomination, as the Federal Reserve’s decisions on interest rates significantly influence crypto markets; lower rates often prompt more investment in higher-risk assets like cryptocurrencies.
