Trump plans to announce the next Fed chair candidate before Christmas, with Treasury Secretary Scott Bessent presiding over candidate interviews.

Gate News bot, President Trump has stated that he plans to announce the next Fed chair before Christmas, and currently, Treasury Secretary Scott Bessent is overseeing the candidate interviews. Scott Bessent's role is to discuss with prominent individuals who may be considered for the chair position.

As expectations rise for a potential dovish candidate for the Fed chair, the market has experienced volatility. Historically, Trump's choices have tended to favor loose monetary policy, which means such a candidate could stimulate volatility in risk assets, including major cryptocurrencies.

The community's response remains cautious, and well-known figures in the industry are waiting for an official announcement. As of November 19, 2025, neither social media nor official channels have released any public confirmation. The decisions of the Fed chair have always influenced traditional finance and cryptocurrency markets, and speculative capital inflows typically increase due to expectations of potential monetary easing policies.

As of November 19, 2025, the price of Bitcoin (BTC) is $91,702.57, with a market capitalization of $1.83 trillion and a market share of 58.41%. Over the past 90 days, the price of Bitcoin has fallen by 19.02%, highlighting the recent volatility in the cryptocurrency sector amid unclear monetary policy signals.