#WarshLeadsFedChairRace The race for the next Federal Reserve Chair has taken a sudden and dramatic turn. What was once considered a clear path for Kevin Hassett has shifted, putting Kevin Warsh in the spotlight. Markets are already pricing in potential policy changes, affecting liquidity, trading volume, volatility, yields, and cross‑asset flows, including crypto, equities, and metals. Here’s a full breakdown.
1️⃣ The Sudden Shift in the Race
For months, Kevin Hassett was the leading candidate to replace Jerome Powell when his term ends in May 2026. However, recent developments have changed