Bank of America: 26% of respondents believe Benson will become the next Fed chairman
the July global fund manager survey by Bank of America showed that US Treasury Secretary Yellen 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, and Powell's term will end in May 2026. The survey shows that 26% of respondents believe Yellen will become the next Federal Reserve Chairman, followed by 17% supporting Walsh, 14% supporting Waller, and 7% believing Hassett will be elected.
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