Trump Signs Executive Order to Expedite Marijuana Rescheduling Amid Fed Chair Race Between Hassett and Warsh

On December 18, 2025 (EST), former President Trump signed an executive order directed at expediting the rescheduling of marijuana, a key policy development reported by Market Domination Overtime [1]. The segment also highlighted that the race for the Federal Reserve (Fed) chair has narrowed to two prominent economic figures: Kevin Hassett and Kevin Warsh. This dual set of events introduces potential shifts in both drug policy and monetary policy landscapes, each carrying distinct market and regulatory implications.

1. Marijuana Rescheduling Impacts
   : The executive order to accelerate marijuana rescheduling could streamline regulatory processes that have historically constrained the cannabis industry. This development may signal a shift toward more favorable policy frameworks, with potential long-term effects on industry growth, legalization efforts, and market access for cannabis-related businesses [0].
2. Fed Chair Race Uncertainty
   : The narrowing of the Fed chair race to Hassett and Warsh introduces uncertainty around future monetary policy. Both candidates bring different economic perspectives—Hassett, a former chair of the Council of Economic Advisors known for supply-side economics, and Warsh, a former Fed governor with a focus on financial stability. The final selection could influence key decisions such as interest rate adjustments and inflation targeting, which in turn impact global financial markets [0].

• Cannabis Industry
  : The expedited rescheduling process presents opportunities for industry expansion, potential legalization in more jurisdictions, and increased investment access. However, risks include regulatory ambiguities during the transition phase and potential pushback from anti-legalization stakeholders [0].
• Financial Markets
  : The Fed chair race may lead to short-term market volatility as investors reposition their portfolios based on expectations of monetary policy changes. Conversely, a clear selection could provide clarity and stabilize market sentiment over the medium term [0].

This report consolidates two significant events from December 18, 2025: the issuance of an executive order to expedite marijuana rescheduling and the narrowing of the Fed chair race to Kevin Hassett and Kevin Warsh. These developments have the potential to reshape regulatory environments for the cannabis industry and influence monetary policy direction, making ongoing monitoring of subsequent updates critical for stakeholders across both sectors.