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Former Coinbase Advisor Kevin Hassett Tipped as Possible Next Federal Reserve Chair

Former Coinbase Advisor Kevin Hassett Tipped as Possible Next Federal Reserve Chair

Reports suggest Trump aides are considering Kevin Hassett for Federal Reserve Chair alongside a potential dual appointment of Treasury Secretary Besant as NEC Director.

Fact Check
The statement is assessed as 'likely_true' with high confidence based on overwhelming and consistent evidence from the provided primary sources. Both key claims within the statement are well-substantiated.First, the claim that Kevin Hassett has been identified as a potential candidate for Federal Reserve Chair is supported by a wide range of credible sources. High-authority outlets such as Bloomberg Television, Yahoo Finance, and POLITICO Pro directly state that he is a finalist or a candidate under consideration by Donald Trump. This reporting is corroborated by several other sources, including the Business Standard and various financial and crypto-focused news sites. There are no contradictions across the provided evidence on this point.Second, the claim of his connection to Coinbase is explicitly confirmed. A high-authority article from Yahoo Finance directly identifies him as a "Coinbase advisor," and this is echoed in a news headline aggregated by Finviz. The combination of numerous, credible, and consistent sources all supporting both parts of the statement, with no conflicting information present, makes the statement highly likely to be true.
Summary

Sources indicate that President Trump’s aides are discussing Kevin Hassett, former White House economic adviser and ex-Coinbase advisor, as a possible candidate for Federal Reserve Chair. The ongoing deliberations also involve the potential appointment of current Treasury Secretary Besant to serve concurrently as National Economic Council Director. These considerations are preliminary and remain unconfirmed pending an official presidential announcement.

Terms & Concepts
  • Federal Reserve: The central bank of the United States responsible for setting monetary policy and overseeing the nation’s financial system.
  • Coinbase: A cryptocurrency exchange platform that allows users to buy, sell, and store various digital assets.