Recently, a key piece of information has emerged worth noting—Trump's team has revealed that Kevin Waugh is a leading candidate to become the next Federal Reserve Chair. More importantly, Trump specifically emphasized that this candidate's stance on rate cuts aligns closely with his own.

Kevin Waugh's background is quite impressive. This gentleman has previously served as a Federal Reserve Board member, relatively young, with a strong Wall Street background. Interestingly, he has generally been viewed as a "hawk" in monetary policy, but if he truly aligns with Trump on rate cuts, the overall policy direction could undergo significant change.

What signals does this candidate's potential appointment send? On one hand, Trump has long been critical of the Fed's high interest rate policies. Now, by publicly expressing support, he aims to reinforce his stance of promoting easing policies, which could stabilize his supporters. On the other hand, this also signals to the current Fed leadership that personnel changes are imminent, and policy coordination will be crucial.

If Waugh indeed takes the position, how should the markets react? The pace of rate cuts might accelerate noticeably, which is generally a positive signal for risk assets like BTC and ETH. However, political appointments are inherently unpredictable. Whether Trump's statement is a confirmed plan or a market-testing signal remains to be seen as further developments unfold.

What are your thoughts on the possible changes in the Federal Reserve leadership? In the context of a potential end to the rate hike cycle, what does this mean for the crypto space? Feel free to share your ideas.