đ„ SHADOW CHAIR RISING | THE FED POWER SHIFT đșđž
Breaking signal from Trump
Donald Trump says he will name Jerome Powellâs successor in January â
âł months before Powellâs Chair term ends (May 2026).
The objective is clear: shape market expectations early.
đȘ The âShadow Chairâ strategy
An early nominee acts as a de facto policy signal, potentially pressuring the Fed toward faster rate cuts â even before leadership officially changes.
âïž Whatâs unfolding behind the scenes
âą Legal pressure over Fed HQ renovation costs
âą A shortlist of 5 candidates
âą Front-runners: Kevin Hassett đșđž | Kevin Warsh đșđž
âą Loyalty test: support aggressive monetary easing
âł The complication
Powell may lose the Chair role, but he remains a Fed Governor until 2028, limiting direct control and raising questions around Fed independence.
đĄ Why this matters for markets
Lower rates = liquidity tailwind
But political pressure on the Fed = volatility catalyst
đ Markets are watching closely
Expect reactions before confirmation, not after.
đ Token to watch:


