Citing Coinotag, Donald Trump announced he will name his next Federal Reserve chair early in 2026, pushing the timeline beyond initial expectations. This delay could influence crypto markets through potential interest rate cuts, benefiting assets like Bitcoin and Ethereum. Kevin Hassett, current director of the White House National Economic Council, now holds an 81% chance of the role on prediction markets, reflecting his pro-crypto deregulation stance and advocacy for immediate rate reductions. Hassett’s confirmation would require Senate approval, adding uncertainty that could affect short-term crypto price movements. Other candidates include Kevin Warsh, Christopher Waller, Michelle Bowman, and Rick Rieder. Trump’s decision extends the selection process, which may impact Fed policy and crypto adoption through looser monetary conditions.
Trump Delays Fed Chair Announcement to Early 2026, Hassett Odds Rise to 81%
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