Trump Nears Final Fed Chair Pick: Rate Cuts Incoming? 🚨🔥
The race to replace Jerome Powell as the next Federal Reserve Chair is reaching its climax, and the implications for $BTC and $ETH are massive.
Former President Trump is conducting the final round of interviews today, with the official decision planned for early January 2026. Trump has made his mandate crystal clear: the next chief must be aggressively in favor of quick interest-rate cuts. This position is a seismic shift from previous Fed stances.
Kevin Hassett remains the frontrunner, although candidates like Kevin Warsh and Fed governors Waller and Bowman are still being evaluated. The market is already pricing in how this potential new, dovish leadership could accelerate monetary policy easing next year. Interestingly, administration officials are discussing whether Hassett might serve a shorter term appointment to potentially clear the path for Treasury Secretary Scott Bessent later on. This appointment is the single biggest macro catalyst facing the crypto market in 2026. Separately, the current Federal Reserve is expected to deliver its third rate cut today.
Not financial advice. Do your own research.
#FederalReserve #Macro #BTC #MonetaryPolicy 📊
