Last night, Trump mentioned that the Federal Reserve Chair will be selected early next year, and when introducing potential candidate Kevin Hassett, he hinted that the next Fed Chair is already here. This can be understood as his choice being pretty much finalized. This also puts the rumors of Powell resigning early to rest. Currently, prediction markets have his probability rising to 86%, and the market has started pricing in expectations of his appointment. One of the most crypto-friendly potential Fed Chairs in history. A strong supporter of Trump’s push for rate cuts.