Trump Considers Hassett for Federal Reserve Chair Role

2 mins mins

Key Points:

Trump considers Kevin Hassett for Federal Reserve Chair role.
Market speculation impacts prediction markets significantly.
No primary source confirmation of Trump’s remarks on Hassett.

Donald Trump expressed his preference for Kevin Hassett to remain at the White House National Economic Council, citing Hassett’s communicative prowess, during a statement on January 16.

Speculation over Fed leadership impacts financial predictions, with Hassett and others considered for Jerome Powell’s position. Market odds fluctuate amid uncertainty on Trump’s decision and was not confirmed.

Trump’s Federal Reserve Chair Consideration Spurs Market Dynamics

BlockBeats News reported that Trump expressed support for Kevin Hassett, praising his performance in public discussions. Although Trump is contemplating Hassett for the Federal Reserve Chair position, no official confirmation or primary source quotes have been provided. This consideration follows Justice Department inquiries and remarks on Federal Reserve independence.

Current observations suggest a potential change in leadership could influence future policies significantly. Polymarket’s prediction metrics have shown varied responses to these reports, with Hassett’s odds decreasing, reflecting a dynamic shift in market perception regarding Federal Reserve leadership.

Despite ongoing speculation, there has been no official statement from Trump or Hassett regarding the Federal Reserve Chair position. Secondary reports indicate diverse candidate discussions, including Kevin Warsh and Christopher Waller. Meanwhile, prediction markets are adjusting to these shifts, capturing investor sentiment and market anticipation.

Potential Federal Reserve Changes and Cryptocurrency Implications

Did you know? Market prediction odds for Federal Reserve Chair candidates can fluctuate based on speculation but lack official confirmation until formal announcements occur, reflecting the highly reactive nature of market sentiment.

Ethereum (ETH), according to CoinMarketCap, is currently priced at $3,270.86 with a market cap of USD 394.78 billion. The current trading volume is USD 23.24 billion, down 22.79% in 24 hours. Ethereum’s price has seen a 24-hour decline of 1.91% but shows a 7.31% increase over seven days.

ethereum-daily-chart-2489 — Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 15:37 UTC on January 16, 2026. *Source: CoinMarketCap*

The Coincu research team indicates potential financial impacts from a new Federal Reserve Chair could include changes in interest rates, affecting cryptocurrency investments and speculative markets, reflecting broader economic trends and regulatory strategies.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.