Powell's future at the Fed just got cloudier. Trump signaled Friday he'd rather keep Kevin Hassett close at the White House as his economic point person than push him toward the Federal Reserve chair role. The shift matters for markets—Fed leadership transitions typically reshape monetary policy direction, which ripples across equities, bonds, and crypto positions. Hassett staying put suggests Trump wants his trusted advisor on hand for economic maneuvering rather than locked into a four-year Fed appointment.
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StillBuyingTheDip
· 14h ago
Hassett staying in the White House? What about the Fed Chair? Does Powell still have to keep sitting?
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ForeverBuyingDips
· 16h ago
Starting to play this set again, Powell is in trouble, Haskett isn't going to the Federal Reserve. What does that mean? It means Trump still has to control the economic cards himself. It's hard to say how crypto will go from here.
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MrRightClick
· 16h ago
Hassett is not going to the Federal Reserve... So is Powell safe or more dangerous now? This concerns my bag, brother.
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NFTArtisanHQ
· 16h ago
tbh the meta-narrative here is fascinating... Trump basically rejected the institutional cage of Fed autonomy in favor of keeping his economic apparatus fluid and directly manipulable. it's less about Powell and more about architectural control—reminds me of how DAOs struggle with governance decentralization vs operational agility. same philosophical rupture, different context.
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quietly_staking
· 16h ago
ngl, Powell is really in a tough spot this time. He's been betting on the policy direction, wondering if he can get it right.
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AirdropHunter420
· 16h ago
Hassett staying is actually more dangerous. The White House economic advisor has much more power than the Fed Chair, really.
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MidnightGenesis
· 16h ago
On-chain data shows that Hassett's move to stay in the White House involves interesting contract logic... Powell's future indeed has more uncertainties.
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PretendingToReadDocs
· 16h ago
Haha, Hassett is still hanging out at the White House, so Powell can keep stalling a little longer...
Powell's future at the Fed just got cloudier. Trump signaled Friday he'd rather keep Kevin Hassett close at the White House as his economic point person than push him toward the Federal Reserve chair role. The shift matters for markets—Fed leadership transitions typically reshape monetary policy direction, which ripples across equities, bonds, and crypto positions. Hassett staying put suggests Trump wants his trusted advisor on hand for economic maneuvering rather than locked into a four-year Fed appointment.