The FED would have a new bitcoiner president.

Source: Criptonoticias Original Title: The FED would have a new bitcoiner president Original Link: https://www.criptonoticias.com/comunidad/adopcion/fed-nuevo-presidente-bitcoiner/ The White House is entering the final stage to determine who will lead the Federal Reserve (FED) in the coming years. The name gaining the most weight in Washington is Kevin Hassett, current director of the National Economic Council and aligned with bitcoin (BTC) and cryptocurrencies.

According to close advisors to Donald Trump who reported to the local press, the economist became the main candidate for president of the central bank to replace Jerome Powell.

Hassett generates particular interest in the markets because, in addition to aligning with the economic vision of the current U.S. president, he maintains a much more open stance towards the cryptocurrency industry than other candidates.

In recent months, he led a task force on digital assets at the White House, from which he promoted a report with proposals to regulate the sector. That document included recommendations on banking regulation, cryptocurrency reserves, tax treatment, stablecoins, and controls against illicit activities.

In addition, at a public presentation in June, Hassett confirmed that he has a significant investment in a cryptocurrency platform, amounting to at least one million dollars (USD).

Although the White House avoids talking about a preference, it admits that the election process has already reached its peak stage. Trump himself fueled expectations by stating last week that he has already decided on his candidate.

The U.S. Treasury Secretary, Scott Bessent, anticipated that the announcement could be known before Christmas. However, presidential spokesperson Karoline Leavitt emphasized that nothing is decided until the president himself confirms it: “Nobody knows what Trump will do until he does it.”

The dispute for the presidency of the FED accelerated since the summer, after the Treasury interviewed nearly a dozen candidates. That group was reduced to five finalists.

These include, in addition to Hassett, former official Kevin Warsh, current governor Christopher Waller, Vice Chair of Supervision Michelle Bowman, and Rick Rieder, executive at BlackRock. The latest meetings with high-level officials from the White House are scheduled for this week.