Bank of America survey: 26% of respondents believe Bostic will become the next Federal Reserve Chair

ChainCatcher news, according to Jinshi reports, the July global fund manager survey by American Bank shows that Treasury Secretary Basent is the most popular candidate to succeed Federal Reserve Chairman Powell. President Trump is expected to nominate a new Federal Reserve chairman in the second half of 2025, while Powell's term will end in May 2026.

The survey shows that 26% of respondents believe Basent will become the next Federal Reserve chairman, followed by 17% supporting Walsh, 14% supporting Waller, and 7% believing Hassett will be elected.