PREDICTIONS FOR THE NEXT FED CHAIR ARE SHIFTING 🔄🇺🇸

Immediately following the President's statement, Hassett's odds of being the next Fed Chair crash to a new low of 16% on Polymarket.

Kevin Warsh has now surged to front-runner status, with odds at ~60%.

This shift could spell mixed news for the crypto industry. Compared to Hassett, Warsh takes a more cautious, hawkish approach to crypto.

Although he has invested in early crypto startups -- such as the stablecoin project Basis -- and views $BTC as a potential store of value similar to gold, he generally frames cryptocurrencies as “software” rather than true money.

He has also supported a U.S. wholesale CBDC as a way to compete with China’s digital yuan, while opposing a retail CBDC on privacy grounds.

Overall, Warsh backs blockchain innovation and favors easing certain bank restrictions related to crypto, but his skepticism toward private cryptocurrencies could translate into tighter oversight compared to Hassett's embrace.

$BTC
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$ETH
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