Trump says he has decided on Fed chair pick

2026-01-09 by admin

Whoever Trump chooses, the next Federal Reserve chair will take over an institution at a critical juncture, caught in the center of unprecedented intense pressure from the president to significantly lower interest rates. Prediction market Kalshi shows Kevin Warsh currently has a 41% probability of being elected Fed chair, Kevin Hassett 39%, and Christopher Waller 12%.

Deep Tide TechFlow News, on January 9, according to Jinshi Data, U.S. President Donald Trump stated in an exclusive interview with The New York Times that he has decided who to nominate for the next Federal Reserve chair but did not reveal the person. "I have made up my mind," he said, "but I haven't spoken to anyone about it yet." When asked about his chief economic advisor Hassett, Trump said "I don't want to say," but described Hassett as "absolutely one of the people I like."Whoever Trump chooses, the next Federal Reserve chair will take over an institution at a critical juncture, caught in the center of unprecedented intense pressure from the president to significantly lower interest rates. Prediction market Kalshi shows Kevin Warsh currently has a 41% probability of being elected Fed chair, Kevin Hassett 39%, and Christopher Waller 12%.

BlockBeats news, January 9th, US President Trump clearly stated in an interview with The New York Times that he would not consider pardoning FTX founder Sam Bankman-Fried (SBF). SBF was convicted in 2023 on multiple charges including misappropriation of client funds and financial fraud, making it one of the most iconic criminal cases in crypto industry history.During the interview, when asked by reporters about the possibility of presidential pardons for several high-profile inmates, SBF was listed among them but was explicitly excluded. Trump indicated that he had no intention of exercising pardon authority for individuals including SBF.The report also revealed that musician Sean Combs (Diddy) had written to Trump requesting a pardon but was similarly rejected. In contrast, Trump has indeed exercised pardon authority in recent years for some political allies or individuals who support his narrative of "judicial politicization," but SBF is not within his consideration.Analysis points out that Trump's statement implies: in the foreseeable future, the possibility of SBF being released early through a presidential pardon is extremely low. His criminal liability and civil accountability processes will continue, and discussions on compliance and regulation in the crypto industry will also continue to have a profound impact.