{"id":27184,"date":"2026-04-30T17:16:02","date_gmt":"2026-04-30T17:16:02","guid":{"rendered":"https:\/\/bitunikey.com\/news\/hassett-says-powells-reappointment-could-delay-fed-rate-cuts-with-crypto-watching-closely\/"},"modified":"2026-04-30T17:16:11","modified_gmt":"2026-04-30T17:16:11","slug":"hassett-says-powells-reappointment-could-delay-fed-rate-cuts-with-crypto-watching-closely","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/hassett-says-powells-reappointment-could-delay-fed-rate-cuts-with-crypto-watching-closely\/","title":{"rendered":"Hassett says Powell\u2019s reappointment could delay Fed rate cuts, with crypto watching closely"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Kevin Hassett warns that reappointing Jerome Powell to the Fed Board could delay or dilute Trump-era rate cuts, keeping crypto traders fixated on personnel-driven monetary policy.<\/p>\n<div id=\"cn-block-summary-block_a1087d05d547978e5b94c0caca6d7046\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>White House NEC Director Kevin Hassett warned that Jerome Powell\u2019s reappointment to the Fed Board could sway the timing and depth of interest rate cuts.<\/li>\n<li>The Fed has held its benchmark rate at 3.5%-3.75% in Powell\u2019s final meetings as chair, with markets split over how quickly incoming leadership will ease policy.<\/li>\n<li>Crypto traders now see Fed personnel politics as a key variable for Bitcoin, Ethereum, and broader digital asset liquidity.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>White House National Economic Council Director Kevin Hassett said that Federal Reserve Chair Jerome Powell\u2019s reappointment as a governor \u201cmay affect interest rate cut decisions,\u201d injecting new uncertainty into the path of U.S. monetary easing. His comments land just as the Fed keeps its target rate in a 3.5%-3.75% band and as Powell chairs his final policy meetings before stepping down in mid-May.<\/p>\n<p>In recent remarks relayed by U.S. media, Hassett has repeatedly argued that \u201cthere is ample opportunity to reduce rates in the upcoming months,\u201d while also acknowledging that the composition of the Fed Board will shape how aggressively cuts are delivered. At Powell\u2019s last meeting as chair, officials again voted to hold rates steady, with four members dissenting\u2014the highest level of disagreement since 1992\u2014underscoring a deeply divided Federal Open Market Committee (FOMC).<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\" id=\"why-powells-seat-matters-for-crypto\">Why Powell\u2019s seat matters for crypto<\/h2>\n<p>The friction is not just academic: Powell\u2019s reappointment as a governor would keep a seasoned moderate on the Board at the same time President Donald Trump is set to install Kevin Warsh as the next Fed chair, a figure seen as more open to faster easing but constrained by inflation and politics. As Axios reported, Trump officials have recently \u201csoftened\u201d their public pressure for immediate cuts, signaling they may \u201cwait for new chairman Warsh and let him lead the next cycle,\u201d a stance Hassett has echoed.<\/p>\n<p>For crypto markets, this tug-of-war over the pace of cuts directly feeds into liquidity, risk appetite, and dollar strength. When the Fed cut rates in late 2025, Bitcoin (BTC) and Ethereum (ETH) both saw renewed inflows as lower real yields pushed investors out the risk curve, a pattern tracked across multiple crypto.news\u00a0stories. With the federal funds rate still anchored at 3.5%-3.75% and no cuts yet in 2026, major tokens have traded in tighter ranges despite sporadic rallies in\u00a0Bitcoin\u00a0and\u00a0Ethereum.<\/p>\n<p>If Powell\u2019s continued presence tilts the Board toward a slower easing path, that could cap near-term upside for high-beta assets like altcoins even as long-term crypto adoption remains intact. Prior crypto.news coverage of Fed transition risks in this\u00a0story\u00a0and of macro-driven sell-offs in another\u00a0story\u00a0has shown how quickly Bitcoin and DeFi tokens can reprice when rate expectations shift.<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thehill.com\/homenews\/administration\/5643709-hassett-fed-rates-behind\/\"><\/a><\/p>\n<p>Traders are now closely watching communications from Hassett, Warsh, and Powell for clues on the first cut\u2019s timing, with futures markets still pricing only modest reductions in 2026 despite Trump\u2019s preference for \u201csubstantially lower\u201d rates. Any surprise acceleration or delay in cuts\u2014driven by Powell\u2019s reappointment dynamics\u2014will likely move not just Treasurys and equities, but also the entire digital asset complex.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kevin Hassett warns that reappointing Jerome Powell to the Fed Board could delay or dilute Trump-era rate cuts, keeping crypto traders fixated on personnel-driven monetary policy. Summary White House NEC&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=27184"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27184\/revisions"}],"predecessor-version":[{"id":27185,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/27184\/revisions\/27185"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/6558"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=27184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=27184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=27184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}