Coin Edition
2025-08-29 12:30:00

Jerome Powell to Exit Fed Chair Role in 2026 as Leadership Debate Intensifies

Powell to leave Fed chair role in 2026 but remain on the Board of Governors. Crypto-friendly candidates emerge as potential successors with varying policy stances. Governor Lisa Cook faces political pressure as Trump demands her resignation. Jerome Powell’s departure as Federal Reserve Chair in 2026 is setting the stage for a potential pro-crypto shift at the top of U.S. monetary policy, with market observers flagging BlackRock executive Rick Rieder as a leading candidate to succeed him. While his chairmanship will end, Powell is expected to remain on the Federal Reserve’s Board of Governors, continuing his involvement in monetary policy beyond his tenure as chair. His departure sets the stage for a leadership transition that will shape U.S. economic policy heading into the 2030s. Who Are the Crypto-Friendly Candidates? Several potential policymakers have shown a greater openness to digital assets than Powell. Rieder’s potential candidacy carries significant weight, as he has previously stated that Bitcoin could be part of long-term asset allocation strategies, and his firm, BlackRock, oversees the largest Bitcoin and Ethereum ETFs. Within the … The post Jerome Powell to Exit Fed Chair Role in 2026 as Leadership Debate Intensifies appeared first on Coin Edition .

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