Crypto-Obsessed Trump Picked A Fed Chair! Is This The End of Interest Rates?

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Kevin Hassett emerges as Trump’s top Fed chair pick, backed by his pro-crypto stance and support for faster interest-rate cuts.

Well, well, well. Kevin Hassett is now sitting in the metaphorical hot seat at the center of one of Washington’s most-watched decisions. No, he’s not auditioning for a new season of “The Apprentice.” He’s being considered to lead the Federal Reserve. Yes, that Federal Reserve, the one that deals with interest rates, money, and all the things you don’t want to think about before your morning coffee. But you can bet that Kevin is on Trump’s radar to take over from Jerome Powell.

Reports say Hassett’s name keeps popping up as Trump’s favored candidate to take the wheel at the Fed. And why wouldn’t it? The search has reached a critical juncture as Powell’s term ends next May, and Trump’s advisers are treating this as the economic equivalent of choosing a new superhero to battle inflation. This is a big deal, folks.

Hassett Moves Into the Spotlight

Now, Trump has made his position crystal clear: he wants a Fed chair who agrees with his views on interest rates. Yes, this is an actual thing that is happening. And, it turns out, Hassett ticks all the boxes. In fact, he probably has the box itself tucked under his arm while sipping a latte. He’s currently leading the National Economic Council and, wait for it, managing the White House’s digital asset working group. Fancy, right?

And if you thought crypto was a passing fad, think again. This working group even released a report earlier this year that laid out the administration’s grand plans for crypto rules. So, yeah, Hassett’s got skin in the game-digital skin, if you will.

JUST IN: 🇺🇸 Kevin Hassett is now President Trump’s top choice to replace Jerome Powell as Federal Reserve Chair.

– Watcher.Guru (@WatcherGuru)

Trump’s advisers are singing Hassett’s praises. Apparently, they trust him-always a good sign when you’re hiring someone to make decisions that impact the global economy. And the trust matters because Trump wants someone who gets his economic vision, even if that means going full speed ahead on the interest-rate cuts. Hassett’s comments match that speedometer, by the way.

Hassett has been vocal about his support for lower interest rates and even suggested he would cut rates now based on recent data. Looks like Trump and Hassett are in sync. Call it “economic symphony” or whatever catchy name you want.

And, surprise, surprise-Hassett didn’t shy away from the question of whether he’d take the job. When asked by Fox News, he practically jumped out of his seat and said, “Yes!” He’s all about serving his country and the president. Also, he did mention that there are still plenty of qualified candidates in the mix. Nice of him to humblebrag while raising his hand for the top job.

Hassett’s Crypto Ties Draw Attention

But wait, there’s more! Kevin Hassett isn’t just your typical policy guy-he’s also got ties to crypto that are probably longer than the line at a Bitcoin ATM. Earlier this year, he admitted to owning more than a million dollars in Coinbase stock. (Yes, you read that right: a million.) On top of that, he’s been collecting paychecks from Coinbase for his work on their Academic and Regulatory Advisory Council. Talk about mixing business with… more business.

In case you weren’t already impressed, Hassett’s career also includes serving on the advisory board for One River Digital Asset Management. And, oh, he was also the chair of the Council of Economic Advisers during Trump’s first term. If that’s not a résumé that screams “I know what I’m doing,” I don’t know what is.

This combination of traditional policy and digital asset experience has made Hassett a key player in the White House’s economic discussions. For those of you who support Trump’s crypto agenda, you’re probably doing a little happy dance right now. 🎉

Related Reading: Crypto Markets React as Hassett Predicts Shutdown Resolution

Trump’s Broader Shortlist Leans Toward Crypto

Of course, Hassett’s not the only player in this game. Fed Governor Chris Waller has shown interest in decentralized finance (yes, that’s defi for the cool kids). Then there’s Michelle Bowman, who thinks Fed staff should dabble in small crypto investments. Rick Rieder from BlackRock and former Fed official Kevin Warsh are still in the running too, so don’t count them out just yet.

The selection process is now under the control of Treasury Secretary Scott Bessent, who has interviewed a pile of contenders. Word on the street is the group has narrowed it down to five names, and the finalists are expected to meet with White House bigwigs soon. Decision by Christmas? Sure. But knowing Trump, he could change his mind in the blink of an eye. 🎄

Still, those close to the process believe Hassett is one of the top contenders. Trump has praised him to the heavens, and it’s clear that the next chair needs to understand Trump’s economic vision. The man wants action-fast action. No more waiting around while Powell took his sweet time cutting rates.

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2025-11-26 18:12