Fed Follies: Trump Dithers on Hassett as Warsh Steals Spotlight! đŸ‘€đŸ’Œ

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In a display of political dithering that would make a chameleon seem decisive, President Donald Trump has expressed palpable reluctance to promote Kevin Hassett to the Federal Reserve. Apparently, losing a trusted adviser trumps the grandeur of the central bank.

During a conference, His Excellency confided that he prefers to keep Hassett in his current role, citing the usual concerns about upheaval and the possibility of losing a committee member who probably knows where the coffee is brewed.

BREAKING: Trump’s cryptic words on Hassett, the presumed successor to Fed boss Powell:

“You were fantastic on TV today, I actually want to keep you where you are.”

“If I move him, these Fed guys don’t talk much, I would lose you. It’s a serious concern to me,”


– The Kobeissi Letter (@KobeissiLetter) January 16, 2026

Kevin Hassett’s Chances? As Cold as a Trump Tweet

That statement tossed the expected game plan into disarray, with market insiders now eyeing Kevin Warsh-a man with a rĂ©sumĂ© thicker than a Wall Street journal under the pillow-who is rapidly ascending as the market’s darling. Hassett’s gold-plated chances suddenly look tarnished, much like a politician’s promise after an election.

He was once the hot favorite to replace Powell before May 2026-ah, the fickle winds of political favor.

Trump’s words, however, suggest a more American desire for stability, or perhaps just familiarity with the furniture in the White House. Either way, it seems Hassett’s dreams are on hold, while Warsh’s star rises like a well-placed balloon at a billionaire’s garden party.

Kevin Warsh: The Central Bank’s Dark Horse

Warsh, a veteran of the Fed’s shadowy corridors during the recent financial apocalypse, has long been the whispered choice of Republicans who prefer their monetary policy with a side of credibility and a pinch of political insulation. His experience is as extensive as a bad haircut-both from the crisis era and in Washington’s corridors of power.

Crypto Quandaries: Warsh’s Gaze and Powell’s Caution

When it comes to cryptocurrencies, Warsh and Powell seem more like odd cousins at a family reunion-more tone than-tantrum. Powell espouses the cautious approach, favoring stability and protocol, while Warsh sees Bitcoin as a “potential policeman,” which is less a praise and more a warning shot across the bow.

FORMER FED GOVERNOR KEVIN WARSH: Bitcoin “could provide market discipline or it could tell the world that things need to be fixed.”

“Bitcoin does NOT make me nervous.”

“It can often be a very good policeman for policy.”

– Fiat Archive (@fiatarchive) December 27, 2025

His stance is as pragmatic as a British butler-wary but not outright hostile. He acknowledges Bitcoin’s worth akin to gold but refuses to endorse private cryptocurrencies as daily tender-a stance that suggests “more rules, less fuss.”

Powell’s Countdown: Tick, Tock…

Powell’s tenure as Fed chief is more or less on a short leash, ending on May 15, 2026. Although he can linger on the Board of Governors until 2028, chairs tend not to extend their stay beyond propriety, like an unwelcome guest at a dinner party.

With inflation less than the nation’s debt, the market bets on a modest rate cut-or perhaps just enough to keep everyone happy-before the curtain falls.

The likelihood of a seismic policy shift is about as slim as an eel in a bottle. Meanwhile, Powell’s political melodrama unfolds-a Department of Justice probe, subpoenas flying like confetti at a wedding, and questions about independence hanging in the air like a bad smell after a rainy day.

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2026-01-17 03:07