The incoming administration is moving fast on its Federal Reserve leadership. Treasury Secretary Scott Bessant just revealed the shortlist for the next Fed Chair has narrowed down to four candidates, with an announcement potentially coming as soon as next week.
Bessant didn't mince words about the current regime either. He called Powell's Supreme Court appearance a "mistake" and took direct aim at the Fed's operational track record, pointing to the institution's roughly $100 billion in annual losses. These critiques signal a sharp pivot in monetary policy philosophy—expect tighter fiscal discipline and potentially different rate-setting approaches ahead.
For crypto markets and macro traders, this matters. Fed leadership sets the tone for interest rates, liquidity conditions, and broader financial system stability. A change in chair could reshape everything from Bitcoin's macro backdrop to altcoin sentiment. The coming week will be closely watched.
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TommyTeacher1
· 6h ago
See you next week. With the new chairman taking office, Bitcoin might take off.
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MEVHunter
· 01-21 22:45
fed chair musical chairs incoming... tbh bessant's throwing shade at powell but the real question is whose mempool gets priority under the new regime lol. rate pivot = liquidity shift = different arbitrage spreads. watching the block builder collusion patterns this week gonna be wild, not just macro theater. toxic flow bout to get reshuffled fr
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BlockchainGriller
· 01-20 17:14
See you next week. With the new chairman taking office, the crypto circle is probably going to face some uncertainties.
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AirdropNinja
· 01-20 17:10
See you next week? Powell might be toppled by newcomers this time; a 10 billion gap is indeed eye-catching.
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ParallelChainMaxi
· 01-20 17:09
The results will be out next week? Hurry up, I want to see if the new chairman will be friendlier to us... Powell's old and outdated policies really need to change, who can withstand a $10 billion loss?
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EternalMiner
· 01-20 17:05
See you next week. Once the new chairman takes office, BTC will probably need to be re-evaluated again.
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Degen4Breakfast
· 01-20 16:50
Whoa, Powell is stepping down? We'll find out this week, the crypto world is going to go crazy
The incoming administration is moving fast on its Federal Reserve leadership. Treasury Secretary Scott Bessant just revealed the shortlist for the next Fed Chair has narrowed down to four candidates, with an announcement potentially coming as soon as next week.
Bessant didn't mince words about the current regime either. He called Powell's Supreme Court appearance a "mistake" and took direct aim at the Fed's operational track record, pointing to the institution's roughly $100 billion in annual losses. These critiques signal a sharp pivot in monetary policy philosophy—expect tighter fiscal discipline and potentially different rate-setting approaches ahead.
For crypto markets and macro traders, this matters. Fed leadership sets the tone for interest rates, liquidity conditions, and broader financial system stability. A change in chair could reshape everything from Bitcoin's macro backdrop to altcoin sentiment. The coming week will be closely watched.