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US President Donald Trump will interview pro-crypto Federal Reserve Governor Christopher Waller right now as he considers successors to present Fed Chair Jerome Powell.
That’s in line with folks aware of the matter cited in a Dec. 16 report by the Wall Avenue Journal.
It mentioned Waller is one among 5 candidates being thought-about, alongside entrance runner Kevin Hassett, who’s Nationwide Financial Council director, and Fed Governor Kevin Warsh.
On the decentralized prediction markets platform Polymarket, merchants give Hassett a 54% probability of succeeding Powell, with Warsh in second place with 23% odds. Waller’s odds have jumped from 9% to 19%.
Contract asking who Trump will nominate as subsequent Fed Chair (Supply: Polymarket)
Whereas Hassett is the recent favourite, he has reportedly confronted pushback from high-level officers near Trump.
Waller Seen As Professional-Crypto
Waller joined the Fed’s Board of Governors after Trump’s nomination in 2020, and is seen as a supporter of the crypto trade.
He has mentioned that he views stablecoins as “merely a brand new type of personal cash” that can co-exist with different cost devices, and he pitched the concept of “skinny” Fed Grasp accounts that might give crypto companies restricted entry to the standard monetary system.
Talking on the Fed’s first payments-innovation convention in October, he vowed that the Fed would embrace the digital asset area.
“I wished to ship a message that it is a new period for the Federal Reserve in funds — the DeFi trade will not be seen with suspicion or scorn,” he mentioned.
Extra drama in FED Chair nominations.
Waller is ready to interview with Trump. Christopher Waller is probably the most bullish candidate, much more bullish than Hassett.
Think about if Trump picks Waller. What a flip of occasions. Hassett is now again within the lead, highest chance of being… https://t.co/fF6OO6pLL7 pic.twitter.com/oj1xTaDezU
— Radi (@asymmetryfinder) December 16, 2025
Trump Needs To Reduce Curiosity Charges
Trump has publicly criticized Powell for not being aggressive sufficient on the subject of chopping rates of interest.
The Fed has introduced three consecutive fee cuts this yr, bringing the benchmark fee to the present vary of three.50% to three.75% earlier this month. Trump says that’s too little, too late, and is pushing for deeper cuts.
Waller has been a number one advocate for fee cuts, the WSJ mentioned. When the Fed stored charges unchanged in July, he dissented in favor of a lower.
In the meantime, the Fed Governor has additionally acquired favorable views from Wall Avenue after he made logically sound arguments for the Fed’s current fee cuts, the report added.
However he’s nonetheless seen as an underdog as a result of it’s believed Hassett and Warsh have nearer private relationships with Trump.
Treasury Secretary Scott Bessent mentioned earlier this week that Trump will seemingly announce his choose subsequent month. Powell’s time period as Fed Chair expires in Could 2026.
Some specialists have mentioned {that a} new Fed Chair could possibly be bullish for the crypto market. Amongst them is BitMine Chairman Tom Lee, who mentioned {that a} new Chair will shift the central financial institution to a extra dovish tone.
That would present a lift for the struggling crypto market, which has been in an prolonged downturn because the file $19 billion liquidation occasion on Oct. 10.
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