What a Hassett-Led Fed Could Mean for Markets

[tradelikepro]

Treasury Secretary Scott Bessent recently said the administration wants a Fed chair who “moves back into the background” and restores calm. Kevin Hassett — now the frontrunner — may be that pick.

Prediction markets reflect near-certainty after Trump praised him publicly, and traders across Kalshi and Polymarket are pricing in a dramatic shift in monetary leadership.

A quieter, lower-rate Fed would be bullish for risk assets, particularly crypto, which thrives on liquidity and easing cycles. If Hassett takes the chair, markets could enter a new phase defined by rate cuts, friendlier banking dynamics, and renewed optimism across digital assets.

[Nahid Hossen]

A Hassett-led Fed could reshape policy direction and market sentiment.