President Donald Trump’s recent comments regarding potential Fed chair nominees have sent prediction market odds for Kevin Hassett soaring. Following a White House event where Trump publicly acknowledged Hassett as a “potential Fed chair,” the chances of his appointment increased significantly, impacting markets with high anticipation and speculation. Notably, these remarks came after Trump reportedly confirmed narrowing down their choices for the position to just one candidate earlier in the day. Kalshi prediction market data reflects this change with odds surging from 66% pre-Trump’s comments to around 85% at present time. Similarly, Polymarket has seen similar shifts in its predictions, showcasing a rapid rise in Hassett’s prospects. Hassett, currently the head of the National Economic Council appointed by Trump in January 2025, is known for his crypto-friendly stance and involvement in digital asset discussions. His nomination is likely to impact the future direction of the Fed, especially given Trump’s historically tense relationship with current Fed chair Jerome Powell. This change in leadership could have significant consequences for the cryptocurrency industry as it impacts monetary policy and regulations. The potential impact on crypto markets remains uncertain, but a shift in leadership at the Federal Reserve could significantly influence market sentiment.