Group 1 - Kevin Hassett is emerging as the leading candidate for the next Federal Reserve Chair, according to reports [1][2] - Hassett is viewed as a close ally of President Trump and is expected to align with Trump's approach to lowering interest rates [2][5] - The nomination is not final until publicly announced, as Trump is known for making surprise policy decisions [3] Group 2 - Current Fed Chair Jerome Powell has faced criticism from Trump for not cutting interest rates quickly enough, with Trump advocating for rates to drop to 1% or 2% from the current 3.75% to 4.00% [5] - Hassett has expressed a preference for lower interest rates and supported the recent 25-basis-point rate cut by the Fed [6] - Hassett has a background in cryptocurrency, having served on Coinbase's advisory council and disclosed a stake in the company worth at least $1 million [6] Group 3 - Prediction markets show a 52% to 55% chance of Hassett being nominated as the next Fed Chair [4] - Coinbase shares experienced a slight increase in after-hours trading, reflecting investor interest in the company [7]