Kevin Hassett, who has crypto ties, rises to the front in Fed Chair search: Bloomberg

White House National Economic Council Director Kevin Hassett has reportedly emerged as the leading candidate to become the next Federal Reserve Chair, according to Bloomberg. Hassett has existing ties to the cryptocurrency space, having played a key role in the White House's digital asset working group, which issued recommendations on crypto regulation, stablecoins, and illicit finance. Furthermore, Hassett disclosed in June that he holds a stake in Coinbase Global Inc. worth at least $1 million. If appointed, Hassett would be a trusted ally of President Donald Trump, who has previously expressed frustration with the Fed's interest rate policies and threatened to remove the current Chair. Other reported candidates include Fed Governor Christopher Waller, ex-Fed official Kevin Warsh, Federal Reserve Vice Chair Michelle Bowman, and BlackRock's Rick Rieder.

(Source：The Block)