As reported by BlockTempo, U.S. President Trump inadvertently revealed the likely next Federal Reserve Chair during a White House event, causing Kevin Hassett's odds of appointment to surge from 66% to 85% on prediction markets Kalshi and Polymarket. Hassett, a vocal advocate for rate cuts and holder of $1 million in Coinbase shares, is seen as a potential structural positive for the cryptocurrency market. Trump also reportedly narrowed the candidate list from 10 to 1, signaling a strong preference for Hassett. Market participants, including institutional investors, have heavily bet on his nomination, reflecting confidence in Trump’s decision-making and the potential shift in Fed policy toward a more dovish stance.
Trump Hints Fed Chair Nominee 'Down to One', Kevin Hassett's Odds Jump to 85%
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