@fiat2cryptoking
Who is Kevin Hassett, and why is he suddenly influencing the crypto markets?
A single short line — “Thank you, Kevin” — from President Trump during a press briefing about the next potential FED Chair was enough to send Polymarket into a frenzy.
Right after that moment, the odds of Kevin Hassett becoming the next FED Chair surged to nearly 90%.
Hassett has gained attention for his stance that current interest rates are holding the U.S. economy back and must be cut immediately.
Market participants believe that if he were to lead the FED, Bitcoin and other risk-on assets could see a wave of fresh liquidity.
Of course, being mentioned as a candidate is one thing — actually being confirmed as FED Chair is an entirely different challenge.
So who exactly is Kevin Hassett, and how might he shape monetary policy and influence the crypto market in the coming months?