šØ Trump transition team circles 17 Jan āFed Chair revealā event; Michelle Bowman & Kevin Warsh lead shortlist šØ
Donald Trump will host a Mar-a-Lago town-hall on 17 Jan 2025āthree days before inaugurationāto publicly name his nominee for Federal Reserve Chair, sources told BitcoinSistemi. Acting Chair Jerome Powellās term expires 31 May 2026, but Trump wants markets to price the successor six months early; transition co-chairs Howard Lutnick and Scott Bessent have narrowed the field to five names.
šKey points
š¹ Frontrunners:
1) Fed Governor Michelle Bowman ā only sitting Board member who opposed every 2024 rate cut; backs 2 % inflation target enshrined in law.
2) Former Governor Kevin Warsh ā architect of 2008 swap-lines; wants Fed balance-sheet capped at 25 % of GDP and rules-based policy.
3) Hedge-fund veteran Paul Tudor Jones ā crypto-friendly, advocates BTC āstrategic reserveā for U.S.; personal friend of Trump.
4) Columbia professor Glenn Hubbard ā supply-side tax-cutter, favours inflation-targeting band rather than point target.
5) ex-SEC chair Jay Clayton ā Wall St. deal-maker, pledges ālight-touchā bank regulation but no CBDC launch.
š¹ Selection process: Lutnickās 7-page scorecard weights: dollar-strength (25 %), inflation credibility (25 %), market rapport (20 %), crypto/reg-tech stance (15 %), Senate confirmability (15 %).
š¹ Timeline: 17 Jan reveal ā Senate Banking hearing week of 24 Feb ā full Senate vote by Easter recess; 51-vote threshold under GOP majority (53-47).
š¹ Policy clues: Trump memo demands nominee ārule out Fed digital currencyā and āsupport tax-free crypto transactions <200ā; Bowman & Warsh already signed pledge; Jones wants broader BTC reserve bill.
šWhy it matters
š¹ Market pivot: Bond futures imply 36 bps of extra cuts in 2026 if Bowman/Warsh win; Jones victory priced as 10-yr term-premium +18 bps on deficit fears.
š¹ Crypto angle: Jones or Hubbard would open door to strategic-BTC purchases; Warsh/Bowman oppose CBDC but neutral on crypto, removing regulatory head-winds.
š¹ Dollar trajectory: DXY index whipsawed 1.2 % on leak; traders see 4 % swing range depending on nomineeās first presser.
š¹ Senate math: Rand Paul (R-KY) vows ānoā on Jones; Joe Manchin (D-WV) hints support for Bowman, virtually guaranteeing bipartisan cover.
šØWatch-outs
š¹ Confirmation circus: Any nominee still must survive disclosure of tax returns, 2016-24 trading records and crypto holdings; opposition research already running.
š¹ Market front-running: BTC rallied 4.7 % on Jones speculation; if he is passed over, knee-jerk unwind could pressure 100k support.
š¹ Transition optics: Naming chair before inauguration breaks modern precedent; some GOP senators warn it could politicise Fed independence ahead of 2026 mid-terms.
šÆBottom line: A 17 Jan Fed-Chair reveal would give markets an unusually long lead-time to discount the next era of monetary policy. For crypto, the difference between a rules-based hawk (Bowman/Warsh) and a pro-BTC maverick (Jones) could set the tone for everything from spot-BTC reserve narratives to CBDC dead-letters, making the Mar-a-Lao date the most-watched Fed announcement since 2008.
https://en.bitcoinsistemi.com/the-date-donald-trump-will-announce-the-new-fed-chair-is-starting-to-take-shape-here-are-the-stronge/