Looks like the incoming administration is seriously considering Christopher Waller for the Federal Reserve chair position, according to recent reports. What's interesting is how the market has been reacting to these trial balloons—Bessent clearly knows what he's doing when it comes to gauging sentiment through market movements. These leadership changes at the Fed typically send ripples across all asset classes, and traders are already pricing in various scenarios. Whether it's equities or crypto, macro policy shifts like this tend to be major catalysts we need to watch closely.