Fear looms: Will Donald Trump name US Fed chair Powell’s successor soon? Here’s why markets are wary of ‘shadow chair’ signal

Jun 20, 2025 - 16:30
Fear looms: Will Donald Trump name US Fed chair Powell’s successor soon? Here’s why markets are wary of ‘shadow chair’ signal

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President Trump's indication of an early Federal Reserve chair nomination, potentially before Jerome Powell's term concludes in 2026, has stirred market anxieties. Investors fear this move could compromise the Fed's independence, leading to conflicting monetary policy signals. Experts warn that a politically influenced appointment might destabilize markets, emphasizing the importance of maintaining the Fed's autonomy.

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