NEXT FED CHAIR? “THE PRESIDENT’S OPINION MATTERS -- BUT HE GETS ZERO VOTES.”

Top Fed Chair Kevin Hassett contender made it clear:

Trump can argue, persuade, and influence -- but monetary policy is still decided by a voting committee, not the White House.

It means politics can shape the conversation, but liquidity, rates, and cuts still come down to data and votes -- not headlines.

📉 Less political shock risk

📊 More predictable policy cycles

🟠 Macro still drives the trade, not personalities

When the rules are clear, risk assets can actually price forward.