2026-01-12 13:30:23

White House economic adviser Kevin Hassett recently praised Federal Reserve Chair Jerome Powell, calling him a 'good person.' The comment comes amid ongoing discussions about monetary policy and its broader economic implications. Powell's decisions at the helm of the Federal Reserve continue to shape market dynamics and investor sentiment across various asset classes.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
6
Repost
Share

Comment

0/400

FarmToRiches

· 01-12 14:00

Hassett says Powell is a good person? What is he implying... monetary policy is the key.

View OriginalReply0

AltcoinHunter

· 01-12 13:59

Is Powell a "good person"? Laughing out loud, this is just typical political rhetoric, brother. The key is whether his decisions can save the bunch of coins I hold😅 No matter how kind-hearted someone is, it can't change the fact that the Federal Reserve is shrinking its balance sheet. This round is really about harvesting retail investors' consensus. Bitcoin's recent movements depend on his mood. As small retail investors, let's just watch as spectators. Behind the nice words are all interests at play. Don't be fooled by this "good person" persona. Powell: I am a good person. Market: down, down, down. Me: cut losses, cut losses, cut losses. Hmm... that's why I only dare to ambush potential new stars now. I really can't understand the overall market anymore.

View OriginalReply0

Degen4Breakfast

· 01-12 13:56

Really? Hashet is this hinting that Powell might loosen the grip... But then again, praising someone usually isn't a good sign.

View OriginalReply0

MEVSandwichVictim

· 01-12 13:56

Is Powell a good person? Haha, that's hilarious. The person who says that probably hasn't seen my wallet...

View OriginalReply0

GasFeeCrier

· 01-12 13:50

Hasset, are you hinting that Powell is about to loosen monetary policy? Come on, just verbal praise to stabilize the market—our wallets won't fall for that.

View OriginalReply0

ContractCollector

· 01-12 13:43

Hasset, what is he hinting at... Powell's recent decisions have made my investment portfolio a bit tense.

View OriginalReply0