WASHINGTON / LONDON (IT BOLTWISE) – Kevin Hassett’s chances of becoming the next Federal Reserve chairman have skyrocketed following comments from President Donald Trump. Trump hinted at a White House event that Hassett was being considered as a potential candidate. This statement led to an increase in the prediction market odds for Hassett to 85%.
Today’s daily deals at Amazon! ˗ˋˏ$ˎˊ˗
The latest developments surrounding the appointment of the next chairman of the US Federal Reserve have caused a stir. President Donald Trump hinted at an event at the White House that Kevin Hassett is being considered as a potential candidate for the post. This intimation led to a surge in prediction market opportunities for Hassett, particularly on platforms like Kalshi and Polymarket.
Kevin Hassett, the current director of the government’s National Economic Council, has proven to be crypto-friendly in the past. With a significant stake in Coinbase and his role on the digital asset working group, he has established himself as an influential figure in the digital currency space. These qualities could make him a suitable candidate to lead the Fed, especially at a time when the relationship between Trump and current Fed Chair Jerome Powell is strained.
The search for a new chairman is being led by Treasury Secretary Scott Bessent, who has stressed that the administration prefers a quieter leadership style for the Fed. The Fed should stay more in the background again and ensure stability, which is of great importance in the current economic situation. While the Fed does not play a direct role in crypto regulation, its monetary policy significantly influences market sentiment.
Hassett’s potential appointment could have far-reaching implications for the crypto market. His criticism of the Fed’s interest rate policy could lead to lower interest rates, which could have a positive impact on the crypto market. Additionally, easing banking regulations under his leadership could improve crypto companies’ relationships with the banking sector. The coming months will show whether Hassett will actually take over the leadership of the Fed and what impact this could have on financial markets.
Order an Amazon credit card without an annual fee with a credit limit of 2,000 euros!
Bestseller No. 1 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 2 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 3 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 4 ᵃ⤻ᶻ «KI Gadgets»
Bestseller No. 5 ᵃ⤻ᶻ “KI Gadgets”
Please send any additions and information to the editorial team by email to de-info[at]it-boltwise.de. Since we cannot rule out AI hallucinations, which rarely occur with AI-generated news and content, we ask you to contact us via email and inform us in the event of false statements or misinformation. Please don’t forget to include the article headline in the email: “Kevin Hassett discussed as potential Fed Chair”.
The post Kevin Hassett being discussed as a potential Fed chairman appeared first on Veritas News.
