[Cryptocurrency Market Related] Pending Positive Developments

BabyBus Version: Support for Trump and cryptocurrency's Kevin Hessent is highly likely to be the next chairman of the Federal Reserve to replace Jerome Powell.

Kevin Hessent is an American financier and investment expert, currently seen as the leading candidate to replace Federal Reserve Chairman Jerome Powell under President Donald Trump. This news emerged around November 25, 2025, sparking widespread speculation in the market about future monetary policy.

Hessent's advocacy primarily revolves around conservative economic policies, monetary easing, and supporting Trump's economic agenda.

Advocacy Direction:

1. Lowering interest rates to stimulate economic growth: Hessent strongly advocates for the Federal Reserve to cut interest rates as soon as possible, arguing that current economic data is weak and that loose monetary policy is needed to boost the market and employment. He criticizes the current Federal Reserve's policies as overly conservative, which may suppress economic growth. This aligns with the overall position of Trump’s camp, which hopes to drive stock market and real estate recovery through low interest rates.

2. Supporting tax cuts and deregulation: As a conservative economist, Hessent supports the continuation of tax reforms from the Trump era (such as the 2017 Tax Cuts and Jobs Act), believing that tax cuts can stimulate business investment and consumer spending. He advocates for reducing financial regulation to enhance market efficiency and innovation, particularly in hedge funds and global trade.

3. America First from a Global Macroeconomic Perspective: Hessent emphasizes America’s dominant position in the global economy and supports imposing tariffs on trade partners (such as China) to protect domestic industries. At the same time, he believes the Federal Reserve should respond more flexibly to geopolitical risks, such as inflation pressures and supply chain disruptions.

4. An Open Attitude Towards Cryptocurrencies and Emerging Assets: Throughout his investment career, Hessent has held a positive view of digital assets, believing that cryptocurrencies can serve as a tool for hedging against inflation. This could influence his future decisions at the Federal Reserve, promoting a more favorable regulatory environment.