According to @KobeissiLetter, President Trump is reportedly considering naming Treasury Secretary Bessent as his top economic adviser if Kevin Hassett becomes the next Fed Chair, with Bessent retaining the Treasury role, source: @KobeissiLetter. The post states this would be in addition to Bessent’s current position and frames it as a new era of financial policy, implying more centralized economic policy leadership, source: @KobeissiLetter. No official confirmation from the administration, Treasury, or the Federal Reserve was provided in the post, highlighting headline risk for markets, source: @KobeissiLetter. For traders, Fed Chair–linked leadership headlines can rapidly reprice U.S. Treasury yields, the U.S. dollar index, and crypto beta such as BTC and ETH; monitor DXY, 2Y and 10Y UST yields, and front-end rate futures for volatility following this report, source: @KobeissiLetter.

According to Crypto Rover, Kevin Hassett, former economic adviser to Donald Trump, stated that 'the economy will continue to take off,' signaling a bullish outlook for US markets. This positive macroeconomic sentiment is crucial for cryptocurrency traders, as robust economic growth historically correlates with increased risk appetite and capital inflows into digital assets. Traders should monitor US economic indicators closely, as further positive data could drive up Bitcoin and altcoin prices (source: Crypto Rover via Twitter, May 19, 2025).