Market News: Warlly Emerges as a Top Contender for Fed Chair in Trump Administration

BlockBeats News, August 7th: Insiders revealed that as Trump's advisors search for Powell's successor, Fed Governor Waller is gradually emerging as a top candidate for Fed Chair.

These insiders stated that Trump's advisors are impressed by Waller because he is willing to base policy decisions on forecasts rather than current data, and he has a deep understanding of the entire Fed system.

They also mentioned that Waller has met with the President's team regarding this position but has not yet met with Trump in person. (Golden Finance)