{"id":60521,"date":"2025-11-26T15:31:40","date_gmt":"2025-11-26T15:31:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=60521"},"modified":"2025-11-26T15:31:40","modified_gmt":"2025-11-26T15:31:40","slug":"crypto-super-bull-kevin-hassett-leads-the-fed-chair-race-sparks-conflict-of-interest-debates-in-washington","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=60521","title":{"rendered":"Crypto Super Bull Kevin Hassett Leads The Fed Chair Race, Sparks Conflict Of Interest Debates In Washington"},"content":{"rendered":"<div>\n<p>US President Donald Trump has, on occasion, openly criticized the Federal Reserve (Fed) Chair Jerome Powell, and it seems like he already has his eyes on a replacement. For now, it looks like Kevin Hassett is at the forefront to become the next Fed chair.<\/p>\n<p>Hasset is a long-time Trump supporter and currently leads the White House\u2019s National Economic Council, with strong linkages to the crypto world. Other nominated figures include former Fed governor Kevin Warsh, current governors Christopher Waller and Michelle Bowman, and BlackRock executive Rick Rieder.<\/p>\n<p>According to a Bloomberg article <a class=\"general-link\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-25\/hassett-emerges-as-frontrunner-in-trump-fed-chair-audition\" target=\"_blank\" rel=\"noopener nofollow\">published <\/a>on 25 November 2025, Trump\u2019s team believes that Hasset would be more aggressive in cutting interest rates compared to Powell, something that Trump has in the past made clear very publicly.<\/p>\n<p>With Powell gone and Hasset in the hot seat, it would give Trump a lot more influence over an institution that, since last year, has been pretty dovish, cutting rates as inflation cooled, although internal divisions on its outlook have persisted.<\/p>\n<p>According to Bloomberg, Trump wants someone who shares his preference for lower borrowing costs to boost the economy and financial markets, including crypto. However, nothing is final at the moment.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> NEC DIRECTOR KEVIN HASSETT: &#8220;OF COURSE I&#8217;D SAY YES&#8221; TO FED CHAIR JOB<\/p>\n<p>Fox News pressed National Economic Council Director Kevin Hassett on reports that Treasury Secretary Scott Bessent interviewed the final five Fed Chair candidates, with Trump expected to announce his pick\u2026 <a href=\"https:\/\/t.co\/6nLx1tYEGF\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/6nLx1tYEGF<\/a> <a href=\"https:\/\/t.co\/5Bfp0DLMRL\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/5Bfp0DLMRL<\/a><\/p>\n<p>\u2014 Mario Nawfal (@MarioNawfal) <a href=\"https:\/\/twitter.com\/MarioNawfal\/status\/1993513201460195660?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 26, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Trump often makes last-minute changes to his plans, and as such, his aides have warned that the choice won\u2019t be final till the President officially announces it. In the meantime, Hasset has <a class=\"general-link\" href=\"https:\/\/thehill.com\/business\/economy\/5434158-hassett-on-trumps-next-fed-chair-well-have-to-see-if-he-chooses-me\/\" target=\"_blank\" rel=\"noopener nofollow\">indicated <\/a>that he is open to filling the position if chosen.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto \u2013 Here\u2019s 10+ Crypto Tokens That Can Hit 1000x This Year<\/a><\/strong><\/p>\n<h2>Bessent Interviews Hassett For Fed Chair, Waller Bats For December Rate Cut<\/h2>\n<p>In the meantime, Treasury Secretary Scott Bessant has been secretly on the hunt for the next Fed chair since the summer of this year. Quite recently, he finished the second round of interviews with Kevin Hasett and other candidates under consideration for the Fed chair position.<\/p>\n<p>In an <a class=\"general-link\" href=\"https:\/\/www.cnbc.com\/2025\/11\/25\/bessent-says-theres-a-very-good-chance-trump-names-new-fed-chair-before-christmas.html\" target=\"_blank\" rel=\"noopener nofollow\">interview <\/a>with CNBC earlier this week, Bessent said that there is a high likelihood of Trump announcing the next Fed chair before Christmas. Still, there are chances that his decision is delayed till early 2026.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">If Kevin Hassett becomes Fed Chair, the implications for crypto are strongly bullish. <\/p>\n<p>1. Aggressive &#8220;dove&#8221; who has publicly criticized current rates for being too high and advocated for deeper, faster cuts.<\/p>\n<p>2. Led the White House digital asset working group to shape pro-crypto\u2026<\/p>\n<p>\u2014 Juan Leon (@singularity7x) <a href=\"https:\/\/twitter.com\/singularity7x\/status\/1993398483890716961?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 25, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The choice matters a lot, for both traditional finance (TradFi) as well as crypto. Powell\u2019s tenure as Fed chair ends on 15 May 2026. Additionally, he could remain at the Fed as a governor till January 2028 in case he\u2019s not reappointed. Given that we know what Trump wants the Fed to do, it only makes sense to name a successor early on so that the Senate can confirm the candidate in time for a smooth transition.<\/p>\n<p>In the meantime, Fed Governor Chrostoher Waller has advocated for cutting interest rates in December. \u201cMy concern is mainly labor market, in terms of our dual mandate. So I\u2019m advocating for a rate cut at the next meeting. You may see a more of a meeting-by-meeting approach once you get to January,\u201d he said.<\/p>\n<p>Whoever takes over will influence interest rates, the strength of the dollar, investor confidence, and even how regulators treat crypto markets.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2>Hasset\u2019s Coinbase Ties Sparks Conflict Of Interest Debates<\/h2>\n<p>For the uninitiated, Hasset isn\u2019t just another central banker. Earlier this year, he revealed that he owns more than $1 million worth of Coinbase stock. According to a Bloomberg <a class=\"general-link\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-03\/trump-aide-hassett-reveals-coinbase-stake-of-at-least-1-million\" target=\"_blank\" rel=\"noopener nofollow\">report<\/a>, his stake could be as high as $5 million and total assets of about $7.6 million at least.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> BULLISH FOR CRYPTO <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>Kevin Hassett, Director of the White House National Economic Council, is now the leading candidate to replace Jerome Powell as Fed Chair.<\/p>\n<p>Why this matters:<br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f539.png\" alt=\"\ud83d\udd39\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Hassett previously served as an advisor to Coinbase<br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f539.png\" alt=\"\ud83d\udd39\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> He holds $1M\u2013$5M in COIN stock<br \/><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f539.png\" alt=\"\ud83d\udd39\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> He\u2019s\u2026 <a href=\"https:\/\/t.co\/qzs7agJY8w\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/qzs7agJY8w<\/a><\/p>\n<p>\u2014 Bitcoinsensus (@Bitcoinsensus) <a href=\"https:\/\/twitter.com\/Bitcoinsensus\/status\/1993599131265175645?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 26, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Further, he also earned about $50,000 from Coinbase for being on its Academic and Regulatory Advisory Council. Notably, this group has also included other Trump-affiliated figures, including former SEC chair Jay Clayton and former CIA lawyer Courtney Elwood.<\/p>\n<p>Naturally, these ties have sparked conflict-of-interest debates in Washington since Hasset, with millions invested in Coinbase, taking charge of the central bank, which in turn sets rules for stablecoins, banks\u2019 exposure to crypto, and the future of a digital dollar, wouldn\u2019t be good for the optics.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best Memecoin to Buy in 2025<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Kevin Hassett leads Trump\u2019s shortlist for the next Federal Reserve chair    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Hassett\u2019s deep Coinbase ties raise conflict-of-interest concerns in Washington    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Fed leadership change could reshape interest rates, dollar liquidity, and crypto regulation    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-super-bull-kevin-hassett-leads-the-fed-chair-race-sparks-conflict-of-interest-debates-in-washington\/\">Crypto Super Bull Kevin Hassett Leads The Fed Chair Race, Sparks Conflict Of Interest Debates In Washington<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US President Donald Trump has, on occasion, openly criticized the Federal Reserve (Fed) Chair Jerome Powell, and it seems like he already has his eyes on a replacement. For now, it looks like Kevin Hassett is at the forefront to become the next Fed chair. Hasset is a long-time Trump supporter and currently leads the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-60521","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60521"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60521\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}