According to Coinrise, the race for the next U.S. Federal Reserve chair has intensified amid concerns about political influence on monetary policy. President Donald Trump highlighted former Fed governor Kevin Warsh as his top choice, while also praising Kevin Hassett, another leading contender. Trump suggested that future Fed leadership should consult with him on interest rate policy, though he acknowledged the chair should not simply follow White House views. Hassett dismissed concerns that Trump could steer the Fed, emphasizing the central bank’s independence. Prediction markets have shifted in response to Trump’s comments, with Warsh now leading at 39% on platforms like Kalshi, while Hassett holds 50%. The Federal Reserve recently cut interest rates by 25 basis points, but crypto markets showed little reaction.
Trump Comments Spark Debate Over Next Fed Chair and Policy Influence
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Summary
Trump’s remarks on the next Fed chair have reignited the **regulatory policy** debate, with Kevin Warsh and Kevin Hassett as top contenders. Trump suggested the chair should consult him on rate decisions but not blindly follow White House views. Hassett stressed the Fed’s independence. Prediction markets now favor Hassett at 50%, Warsh at 39%. The **securities vs commodities debate** remains unresolved as crypto markets show muted reaction to the Fed’s 25-basis-point rate cut.
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