So here's an interesting nugget that caught my attention: Hassett just confirmed that Bessent has zero interest in the Federal Reserve chair position.
Think about what this signals. Bessent staying put as Treasury Secretary means continuity in fiscal policy direction, which matters way more for crypto markets than people realize. The Fed-Treasury dynamic shapes liquidity conditions, and when these two institutions aren't playing tug-of-war, markets tend to find their rhythm.
What's really worth noting? This removes a major question mark hanging over policy uncertainty. Markets hate ambiguity. Whether you're trading spot, riding derivatives, or just stacking sats, knowing the key players aren't musical-chairing between positions gives you one less variable to stress about.
Bessent's made his stance clear on digital assets before—not hostile, but measured. That's honestly preferable to the alternative of shuffling leadership and restarting policy conversations from scratch. Sometimes boring stability beats dramatic reshuffles.
Anyone else tracking how Treasury's positioning could affect the next wave of stablecoin regulations? Because that's where this really gets spicy for our corner of the market.
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ShitcoinConnoisseur
· 12-12 00:48
The market fears leadership change and stagnation the most
So here's an interesting nugget that caught my attention: Hassett just confirmed that Bessent has zero interest in the Federal Reserve chair position.
Think about what this signals. Bessent staying put as Treasury Secretary means continuity in fiscal policy direction, which matters way more for crypto markets than people realize. The Fed-Treasury dynamic shapes liquidity conditions, and when these two institutions aren't playing tug-of-war, markets tend to find their rhythm.
What's really worth noting? This removes a major question mark hanging over policy uncertainty. Markets hate ambiguity. Whether you're trading spot, riding derivatives, or just stacking sats, knowing the key players aren't musical-chairing between positions gives you one less variable to stress about.
Bessent's made his stance clear on digital assets before—not hostile, but measured. That's honestly preferable to the alternative of shuffling leadership and restarting policy conversations from scratch. Sometimes boring stability beats dramatic reshuffles.
Anyone else tracking how Treasury's positioning could affect the next wave of stablecoin regulations? Because that's where this really gets spicy for our corner of the market.