On August 27, COINOTAG reported that President Trump indicated he has a candidate in mind to replace Fed Chair Powell and suggested the administration may secure a majority on the Federal Reserve board, referencing a possible reassignment of Milan to a longer-term role. The statement directly relates to nomination strategy and central bank governance timing.
Market participants and crypto investors are likely to track these developments closely, since shifts in Fed governance can recalibrate monetary policy expectations and affect risk asset valuation. Stakeholders should await formal nominations and Senate confirmation updates for verified information before adjusting exposure, as official actions—rather than commentary—determine policy direction.