Kevin Hassett's Fed Chair Odds Hit 80% After Trump Remarks
Kevin Hassett, director of the White House National Economic Council, saw his odds of becoming Federal Reserve chair reach 80% in prediction markets on Dec. 5 after Trump identified him as a potential candidate, BlockBeats reports. Hassett holds Coinbase stock and has participated in cryptocurrency policy discussions. BiyaPay analysts said lower interest rates and regulatory shifts could benefit Bitcoin, Ethereum, and crypto-related equities, while cautioning about amplified volatility.