Big news from the White House today. During a meeting, the President dropped a hint about the Fed chair position, introducing Hassett as a "potential" candidate. This kind of signal often moves markets fast—especially when it comes to central banking appointments.

Fed policy directly impacts liquidity, interest rates, and ultimately risk asset appetite. For crypto traders, this matters. A shift in Fed leadership could mean changes to monetary policy stance, which historically correlates with Bitcoin and altcoin volatility.

Hassett previously served as Chair of the Council of Economic Advisers, so he's not unfamiliar with high-level economic strategy. Whether this leads anywhere remains to be seen, but the fact it's being floated publicly is worth watching. Markets hate uncertainty, but they also love front-running policy shifts.