2025-12-09 20:35:47

Concentration of power like this is pretty uncommon in Washington.

Recent news suggests that if Hassett really gets promoted to Fed Chair, current Treasury Secretary Bessent might hold two roles—running the White House National Economic Council as well. What does this mean? Control over both fiscal authority and the core of economic decision-making would be in one person’s hands. This setup is extremely rare in history.

What does this mean for the crypto world? To be honest, it could be a turning point. If Bessent really manages to control both the Treasury and the top economic coordination mechanism, execution power will be on a whole new level. Combined with Trump’s recently warming stance toward the crypto industry, this personnel change is likely no coincidence—the regulatory framework could be clarified and policy channels opened up much faster.

In the short term, the market will definitely shake a bit, since uncertainty is right there. But looking ahead, improved decision-making efficiency and clearer regulatory expectations are real positives for the crypto market. The rules of the game might be about to change.

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SchroedingerAirdrop

· 2025-12-12 19:46

Concentrating power in one person is indeed rare in Washington. If Basent truly takes control of the Treasury Department and the Economic Committee, the crypto sector might really see a major change. With increased execution, the rules will follow suit. Short-term fluctuations are unavoidable, but in the long run, it's a positive development.

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WalletDetective

· 2025-12-10 08:00

Wait, one person is in charge of finance and economic coordination at the same time? This buddy has so much power, it feels like it's paving the way for crypto

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BridgeNomad

· 2025-12-09 21:05

nah wait, if one person controls both fiscal AND economic policy coordination, that's basically centralized risk on steroids. seen this movie before with the 2008 bridge collapse between treasury decisions... decision velocity goes up but so does the attack surface, fr fr. regulatory clarity sounds nice until they move the goalposts overnight.

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LiquidationHunter