Chair

Kevin

President Trump

Reserve

<p>Kevin Hassett faces opposition in his bid to become the Federal Reserve Chair as Kevin Warsh emerges as a strong contender in the succession race.</p>
<p>Hassett's dovish approach could boost risk assets and cryptocurrencies, affecting market dynamics despite Treasury yields and bond market caution amid rate cut speculations.</p>
<h2 id="federal-reserve-chair-race-intensifies-with-two-kevins">Federal Reserve Chair Race Intensifies with Two Kevins</h2>
<p><strong>Kevin Hassett</strong>, Director of the National Economic Council, is facing challenges in the pressing race for <strong>Federal Reserve Chair</strong>. The competition intensifies as <a href="https://lux.collections.yale.edu/view/person/3097db52-95f0-4c8f-b680-0905dd90fcaa" rel="noopener noreferrer nofollow">another former Fed Governor</a> emerges as a contender.</p>
<p>President Trump mentioned both Kevin Hassett and Kevin Warsh as the leading candidates for the Federal Reserve Chair position, expressing confidence by stating, <strong>"Yes, I think he is. I think you have Kevin and Kevin. They're both – I think the two Kevins are great."</strong> <a href="https://www.foxbusiness.com/politics/trump-suggests-warsh-hassett-leading-contenders-fed-chair-pick" rel="noopener noreferrer nofollow">source</a></p>
<h2 id="market-speculations-rise-amid-chair-candidates-impact">Market Speculations Rise Amid Chair Candidates' Impact</h2>
<p>The news has not elicited specific financial or regulatory reactions from major institutions or investors yet. However, speculation anticipates potential rallies in risk assets like equities and cryptocurrencies if <a href="https://iop.harvard.edu/events/president-trumps-economic-policy-conversation-kevin-hassett-chairman-white-house-council" rel="noopener noreferrer nofollow">Hassett is appointed</a>.</p>
<p>Hassett's dovish approach hints at potential <a href="https://www.vox.com/2020/5/8/21250641/kevin-hassett-cubic-model-smoothing" rel="noopener noreferrer nofollow">rate cuts</a>, which could influence markets. While some sectors, like equities, might experience <strong>gains</strong>, the <strong>bond</strong> market shows caution with rising Treasury yields. Analysts anticipate short-term impacts on <strong>cryptocurrencies</strong> like BTC and ETH.</p>
<h2 id="historical-patterns-in-fed-chair-selections-analyzed">Historical Patterns in Fed Chair Selections Analyzed</h2>
<p>Hassett's candidacy points to a pattern seen in prior Federal Reserve Chair selections. His previous shortlisting after the 2024 election serves as a precedence but offers little in terms of outcome prediction.</p>
<p>Experts from Kanalcoin suggest potential outcomes hinge on the <a href="https://www.senate.gov/legislative/LIS/roll_call_lists/roll_call_vote_cfm.cfm?congress=115&amp;session=1&amp;vote=00194" rel="noopener noreferrer nofollow">Senate's confirmation process</a> and historical trends, such as rate cut precedence set by past Fed appointees. Such changes could disrupt traditional market dynamics temporarily.</p>
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    <td><em><strong>Disclaimer</strong>: This <a href="https://www.kanalcoin.com/" rel="noopener noreferrer nofollow"><strong>website</strong></a> provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.</em></td>
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</figure> <a href="https://www.kanalcoin.com/hassett-fed-chair-race-opposition/" rel="noopener noreferrer nofollow">Read original article on kanalcoin.com</a>

NEC Director Kevin Hassett Faces Fed Chair Pushback

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