Markets React to Trump’s Fed Chair Hints, Boosting Odds for Crypto Advocate Kevin Hassett

Speculation is mounting in financial markets over who former President Donald Trump might appoint as the next Federal Reserve Chair, should he win the upcoming election. While no official confirmation has been made, two recent public hints from Trump have led traders and analysts to significantly increase the perceived likelihood of Kevin Hassett, a known cryptocurrency advocate and former economic adviser, securing the position. Current Chair Jerome Powell’s term is set to conclude in 2026, making the potential succession a key focus for monetary policy outlook. Hassett’s alignment with digital asset innovation has been noted as a pivotal factor, with market odds reflecting a surge in confidence regarding his candidacy. This shift underscores the growing influence of cryptocurrency considerations in traditional finance and central banking appointments, signaling potential future policy directions.