[Crypto Market Update] Upcoming Positive News BabyBus version: Kevin Hassett, a supporter of Trump and crypto, is highly likely to become the next Federal Reserve Chair, replacing Jerome Powell. Kevin Hassett is an American financier and investment expert, currently seen as the top candidate chosen by U.S. President Donald Trump to replace Federal Reserve Chair Jerome Powell. This news surfaced around November 25, 2025, sparking widespread speculation about future monetary policies. Hassett's proposals mainly revolve around conservative economic policies, monetary easing, and supporting Trump's economic agenda. Key proposals: 1. Lowering interest rates to stimulate economic growth: Hassett strongly advocates for the Federal Reserve to cut interest rates as soon as possible, arguing that the current weak economic data requires loose monetary policies to boost markets and employment. He criticizes the current Fed policies as being overly conservative, potentially stifling economic growth. This aligns with the broader stance of the Trump camp, which aims to revive the stock market and real estate through low interest rates. 2. Supporting tax cuts and deregulation: As a conservative economist, Hassett supports the continuation of Trump-era tax reforms (such as the 2017 Tax Cuts and Jobs Act), believing that tax cuts can stimulate corporate investment and consumer spending. He advocates for reducing financial regulations to enhance market efficiency and innovation, particularly in hedge funds and global trade. 3. America First in a global macroeconomic perspective: Hassett emphasizes the U.S.'s dominant position in the global economy and supports imposing tariffs on trade partners (like China) to protect domestic industries. He also believes the Federal Reserve should respond more flexibly to geopolitical risks, such as inflation pressures and supply chain disruptions. 4. Open attitude toward cryptocurrencies and emerging assets: Throughout his investment career, Hassett has held a positive view of digital assets, believing that cryptocurrencies can serve as a tool to hedge against inflation. This could influence his future decisions at the Federal Reserve, potentially fostering a more crypto-friendly regulatory environment.