Kevin Hassett: Trump's Leading Choice for Fed Chair Amid Crypto Policy Focus

Kevin Hassett Gains Momentum as Trump's Fed Chair Favorite

Kevin Hassett has emerged as a prominent candidate for Federal Reserve Chair, reflecting President Donald Trump's preference for a leader who supports accelerated interest-rate cuts and a pro-crypto approach. As the current head of the National Economic Council, Hassett's involvement in crypto policy has drawn significant attention.

Hassett's Crypto Influence

Hassett's crypto-friendly stance is underscored by his ownership of over a million dollars in Coinbase stock and his role on Coinbase's Academic and Regulatory Advisory Council. His extensive experience includes serving on the advisory board for One River Digital Asset Management, alongside his previous position as Chair of the Council of Economic Advisers during Trump's first term.

Trump's Broader Selection Process

While Hassett is a leading contender, other candidates remain in the running, including Fed Governor Chris Waller and Michelle Bowman. The selection process, led by Treasury Secretary Scott Bessent, has narrowed to five finalists who are expected to meet with the White House chief of staff and Vice President JD Vance.

The decision is anticipated by Christmas, with Trump's ultimate choice likely to reflect his economic vision and crypto-friendly policies.