Trump's list of 11 candidates for Federal Reserve Chair includes 3 who are open to cryptocurrencies

Jinse Finance reported that U.S. Treasury Secretary Scott Bessent stated on Wednesday that there are currently 11 "highly qualified candidates" vying for the position of Federal Reserve Chair. He will begin reviewing these candidates next month and shortlist the finalists. The list of candidates includes Dallas Federal Reserve Bank President Lorie Logan, former St. Louis Federal Reserve Bank President James Bullard, Federal Reserve Vice Chair Philip Jefferson, Federal Reserve Governor Chris Waller, Federal Reserve Vice Chair for Supervision Michelle Bowman, and former Federal Reserve Governor Larry Lindsey. Among them, Jefferies has close ties to the cryptocurrency sector, having supported the public listings of crypto-related companies such as eToro and Circle Internet Group, and was an early investor in Michael Saylor's bitcoin initiative. BlackRock's Rieder also holds a positive attitude towards cryptocurrencies, having stated that bitcoin could become an important part of asset allocation and believes that cryptocurrencies "will exist for the long term." In addition, Federal Reserve candidates Waller and Bowman have recently shown openness towards cryptocurrencies. Bowman suggested that Federal Reserve staff could invest small amounts in cryptocurrencies to better understand the technology, while Waller believes that the banking industry does not need to fear crypto payment technologies. In contrast, current Chair Powell has taken a more cautious stance on cryptocurrencies, having stated that bitcoin is more like a competitor to gold rather than a replacement for the U.S. dollar.