--- title: "Investors say: Hassett's leadership at the Federal Reserve may put pressure on the dollar" type: "News" locale: "en" url: "https://longbridge.com/en/news/267581885.md" description: "Investors are concerned that Kevin Hassett's potential appointment as Federal Reserve Chairman could put pressure on the dollar, as he tends to favor interest rate cuts. With the likelihood of Hassett replacing Powell increasing, his odds on the betting site Polymarket have risen to 53%" datetime: "2025-11-26T20:48:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/267581885.md) - [en](https://longbridge.com/en/news/267581885.md) - [zh-HK](https://longbridge.com/zh-HK/news/267581885.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/267581885.md) | [繁體中文](https://longbridge.com/zh-HK/news/267581885.md) # Investors say: Hassett's leadership at the Federal Reserve may put pressure on the dollar Behind the calm in the U.S. bond market regarding the prospects of White House economic advisor Kevin Hassett potentially becoming the next Federal Reserve chairman lies a hidden concern: his inclination towards interest rate cuts may weaken the value of the dollar. Following the latest news about Hassett, bets on him succeeding Powell as Federal Reserve chairman (Powell's term ends in May next year) have increased in the market. On the betting site Polymarket, Hassett's odds have risen by 18 points to 53%, with Waller in second place at 22% and Walsh in third at 16% ## Related News & Research - [Fed's Powell: For the Fed it's important to stick to your knitting](https://longbridge.com/en/news/281047604.md) - [Fed's Powell: We have a resilient financial system now](https://longbridge.com/en/news/281046874.md) - [Fed's Powell: The whole idea is to be nonpolitical](https://longbridge.com/en/news/281046081.md) - [Fed's Powell: Makes sense in this time that there is not unanimity](https://longbridge.com/en/news/281042706.md) - [Fed's Powell: It's very hard to build great democratic institutions but much easier to bring them down](https://longbridge.com/en/news/281048062.md)