I just saw that many friends in the English-speaking community believe that the decline in US stocks and
$BTC tonight is due to Trump hinting that he does not want Kevin Hasset to succeed Powell as the new Federal Reserve Chair.
Later today, during a speech, Trump said, “Kevin Hasset was fantastic on TV today. Actually, I really want you to stay in your current position. If I move you to the Fed, but Fed people don’t talk much, I will lose you. That’s a serious concern for me.”
The general idea is that Trump really likes Kevin Hasset’s frequent media appearances and thinks Hasset’s speeches a