The post Trump hints at Kevin Hassett as top pick for federal chair appeared on BitcoinEthereumNews.com. Donald Trump has repeatedly hinted at his top pick for Jerome Powell’s replacement for federal chair in May 2026. Kevin Hassett is currently director of Trump’s National Economic Council and served as George W. Bush’s economic advisor.  He is also bullish on bitcoin (BTC). He owned $1-5 million worth of Coinbase stock as of this summer. At his Wednesday press conference about the US government buying billions of dollars worth of the S&P 500 under the guise of donating $1,000 to children, Trump repeated his appreciation for Hassett, who was in attendance. “I want to thank you all for being here. It’s a great group,” Trump said from the stage. “And I guess a potential Fed Chair is here too, I don’t know, are we allowed to say that? Potential. He’s a respected person, that I can tell you. Thank you, Kevin.” Bets on Hassett receiving Trump’s nomination are priced at 70% on Polymarket and 74% on Kalshi. Hassett will lower interest rates to pump crypto Bitwise analyst Juan Leon called Hassett an “aggressive dove,” immediately willing to lower the federal funds rate in line with Trump’s wishes. Obviously, lower interest rates reduce the cost of borrowing across the economy, boosting borrowing and investments in risk assets like BTC. Hassett has praised BTC, claiming that crypto will “rewrite the rules of finance.” He also led a White House digital asset working group on crypto regulation. In many ways, he is a polar opposite of the current Fed Chair, Powell. Read more: Crypto wants Trump to replace Jerome Powell with a pro-stimulus Fed chair Maybe not, exactly, the best track record Hassett’s bullishness on crypto isn’t necessarily a good thing. He’s predicted many things that failed to rally, including in his book from September 1999 that called for the Dow Jones… The post Trump hints at Kevin Hassett as top pick for federal chair appeared on BitcoinEthereumNews.com. Donald Trump has repeatedly hinted at his top pick for Jerome Powell’s replacement for federal chair in May 2026. Kevin Hassett is currently director of Trump’s National Economic Council and served as George W. Bush’s economic advisor.  He is also bullish on bitcoin (BTC). He owned $1-5 million worth of Coinbase stock as of this summer. At his Wednesday press conference about the US government buying billions of dollars worth of the S&P 500 under the guise of donating $1,000 to children, Trump repeated his appreciation for Hassett, who was in attendance. “I want to thank you all for being here. It’s a great group,” Trump said from the stage. “And I guess a potential Fed Chair is here too, I don’t know, are we allowed to say that? Potential. He’s a respected person, that I can tell you. Thank you, Kevin.” Bets on Hassett receiving Trump’s nomination are priced at 70% on Polymarket and 74% on Kalshi. Hassett will lower interest rates to pump crypto Bitwise analyst Juan Leon called Hassett an “aggressive dove,” immediately willing to lower the federal funds rate in line with Trump’s wishes. Obviously, lower interest rates reduce the cost of borrowing across the economy, boosting borrowing and investments in risk assets like BTC. Hassett has praised BTC, claiming that crypto will “rewrite the rules of finance.” He also led a White House digital asset working group on crypto regulation. In many ways, he is a polar opposite of the current Fed Chair, Powell. Read more: Crypto wants Trump to replace Jerome Powell with a pro-stimulus Fed chair Maybe not, exactly, the best track record Hassett’s bullishness on crypto isn’t necessarily a good thing. He’s predicted many things that failed to rally, including in his book from September 1999 that called for the Dow Jones…