Trump Ally Kevin Hassett Emerges as Contender for Fed Leadership Role
Kevin Hassett, former economic adviser to Donald Trump and a key figure in crypto policy discussions, is being floated as a potential Federal Reserve chair candidate. His unconventional profile—combining traditional monetary policy experience with crypto-friendly leanings—could signal a shift in the Fed's approach to digital assets.
Hassett previously led a crypto task force advising the WHITE House on regulatory frameworks. His nomination would likely bring a more market-responsive monetary policy, contrasting with the Fed's historically cautious stance on cryptocurrencies.
The selection process gains urgency amid persistent inflation and financial market volatility. A Hassett-led Fed might accelerate institutional crypto adoption while navigating political tensions over central bank independence.
