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Trump to Interview Waller for Potential Federal Reserve Chair Role
According to BlockBeats, U.S. President Donald Trump is scheduled to interview current Federal Reserve Governor Christopher Waller on Wednesday to assess his potential as the next Federal Reserve Chair, succeeding Jerome Powell. In the Polymarket prediction market, Waller’s chances of being nominated by Trump have risen to 15%. Meanwhile, the likelihood of Kevin Warsh’s nomination has decreased to 27%, while Kevin Hsuet’s chances have increased to 53%. Waller, who was nominated by Trump to join the Federal Reserve Board in 2020, is a supporter of cryptocurrencies, with a particular focus on stablecoins and decentralized finance (DeFi). At the Federal Reserve’s October Payments Innovation Conference, Waller emphasized that the Fed is entering a new era in the payments sector, where the industry of DeFi is no longer questioned or dismissed. He described stablecoins as a new form of private money that will coexist with other payment tools.