Kevin Hassett has surged ahead in the race to become the next Federal Reserve Chair, as the crypto market watches closely. Hasset emerged as President Donald Trump’s preferred candidate while the administration accelerates its search ahead of a planned Christmas announcement.

With Jerome Powell’s term ending in May 2026, the stakes for markets, especially crypto, are enormous.

Hassett Leads the Pack as Trump Eyes Aggressive Rate Cuts

Multiple reports from Bloomberg, Reuters, and other outlets confirm that Hassett, the current director of the White House National Economic Council , has become the clear frontrunner among five finalists vetted by Treasury Secretary Scott Bessent.

Others still in contention include Kevin Warsh, Christopher Waller, Michelle Bowman and BlackRock executive

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