Fed Chair Race: The Critical Intersection of Interest Rate Policy and the Crypto Market

GasFeeLady · 2026-01-15T23:34:13+00:00

The Fed's next chairman candidate, Harris, responded to concerns about whether he can persuade officials to support his policies, stating that he has the ability to win debates. He believes that current Chairman Powell is too slow in cutting interest rates, and although his stance aligns with Trump, Federal Reserve decisions require a majority vote, which may not be easy to reach consensus on. Additionally, Trump has previously accused the Fed's decisions of having political bias, which is worth noting for its impact on the crypto market.

GasFeeLady

2026-01-15 23:34:13

Abstract generation in progress

【BlockBeats】The selection of the next Federal Reserve Chair has become a focal point for the market. This week, the most prominent candidate, Haskett, publicly addressed a long-standing concern: if he takes office, can he persuade other Federal Reserve officials to support his policy proposals?

Haskett’s answer was straightforward—“I am strong enough to win any debate. Coming to the White House, facing all kinds of tough questions for five consecutive years, just as I have done, is enough to help me stand firm in a confrontational environment and make people understand what decisions are right.”

What is the background of this statement? Haskett has long believed that the current Chair Powell is too slow in cutting interest rates. This stance aligns completely with Trump’s view. But there is a practical issue: the Federal Reserve’s interest rate decisions are made by the Federal Open Market Committee, which votes by majority. Even if a Trump-nominated Chair takes office, pushing for significant rate cuts may not garner consensus.

Interestingly, Trump has also accused the Federal Reserve, under Powell’s leadership, of having political tendencies—predicting rate cuts before the 2024 election, and once he takes office in 2025, he would hit the brakes and stop the easing cycle. “Sometimes their decisions really seem to have a partisan color,” Trump has commented.

For crypto market participants, this signal of the changing power dynamics within the Federal Reserve is worth paying attention to. Interest rate policies directly influence capital flows and risk asset pricing, and crypto assets are particularly sensitive to the interest rate environment.

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Gm_Gn_Merchant

· 01-18 23:23

Hassett's words sound bold, but whether there's actually a rate cut depends on whether the committee folks buy it... In the crypto world, this wave of rise and fall mainly depends on these few guys.

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GasWaster

· 01-16 00:09

Hasset really dares to say that, but can "being strong enough" change the Federal Reserve voting structure? I don't think so, the key still depends on the majority vote.

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NotSatoshi

· 01-16 00:04

Hasset's words sound pretty arrogant, but is it really easy to persuade those folks at the Federal Reserve? The voting process is quite blocked, and cutting interest rates isn't that easy.

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VibesOverCharts

· 01-16 00:04

Hassett's words sound quite aggressive, but the Federal Reserve isn't a one-man show... the hurdle of majority voting is indeed hard to bypass.

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DegenWhisperer

· 01-16 00:03

Hmm... Hasset's words sound a bit hollow. He says "strong enough to win any debate," but is that how the Federal Reserve operates? It's a majority vote, brother. Can words alone change the consensus? I feel like this is just politicians talking, listening is enough.

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LiquiditySurfer

· 01-16 00:03

Hasset's words sound like bragging. How can a majority vote pass this level? Cutting interest rates isn't that easy.

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GasFeeSurvivor

· 01-15 23:58

Hasset's words sound tough, but when it comes to the Federal Reserve meeting table, isn't it just about majority agreement? Bluster won't help.

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MemeKingNFT

· 01-15 23:57

Hasset's "I'm tough enough" rhetoric sounds just like those big influencers in the crypto circle claiming they can lead the way... but in the end, it's all about majority voting, right? Isn't that just the mentality of retail investors? No matter how confident you are, you can't beat consensus.

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