So word's out that Trump's leaning toward Kevin Hassett for the Fed chair spot. Market's basically pricing in an 85% probability at this point—that's a pretty strong signal if you ask me.

Now here's the real question everyone should be asking: what happens to rates if Hassett actually lands the gig? The guy's been in Trump's circle before as the former Chair of the Council of Economic Advisers, so we kinda know his playbook. He's generally more pro-growth, favors tax cuts, and hasn't exactly been the hawkish type when it comes to tightening.

If he takes the reins at the Fed, could we see a shift toward keeping rates lower for longer? Or maybe a slower pace on any future hikes? That'd be huge for risk assets—crypto included. Liquidity loves a dovish Fed.

But then again, inflation's still lurking in the background. Can Hassett balance growth priorities without letting things overheat? Markets seem optimistic for now, but the real test comes when he's actually in the hot seat making calls on monetary policy.

Anyone else watching this closely? The Fed chair pick might be one of the bigger macro catalysts we see this year.