Crypto-friendly Trump adviser Hassett top pick for Fed chair: Report
Overview
Kevin Hassett, known for his involvement in the president’s crypto working group, has emerged as a leading candidate for the position of Federal Reserve chair, according to a report from Bloomberg. This potential appointment is significant given Hassett’s background and connections within the cryptocurrency space.
What Happened
Bloomberg reported that Kevin Hassett is being considered as a frontrunner for the role of Federal Reserve chair. Hassett previously played a crucial role in the president’s crypto working group, which indicates his familiarity with cryptocurrency policy and regulation. His selection for this influential position could have implications for how the Federal Reserve approaches issues related to digital currencies.
Impact on the crypto market
- The appointment of a crypto-friendly figure like Hassett could signal a more favorable regulatory environment for cryptocurrencies.
- His background may influence the Federal Reserve’s stance on digital asset integration within the broader financial system.
- Increased visibility of cryptocurrency issues at the Federal Reserve may lead to more informed policy decisions affecting the market.
- The potential for a shift in monetary policy perspectives could impact investor sentiment towards cryptocurrencies.
- A crypto-savvy chair could foster collaboration between traditional finance and the crypto sector, potentially driving innovation.
Updated: 11/26/2025, 8:25:35 PM
