💥 BREAKING: TRUMP CONFIRMS BESSENT OUT OF FED CHAIR RACE 🇺🇸
Big update from the macro side! 🧠📉
Donald Trump just announced that Treasury Secretary Scott Bessent is officially no longer in the running to replace Jerome Powell as Federal Reserve Chair.
According to Trump, Bessent told him directly he wants to stay at Treasury meaning one of the top contenders is now OFF the board. 🎯
👀 What This Means:
• The Fed Chair race is WIDE OPEN again
• Jerome Powell's term ends in May 2026, but Trump’s team is already preparing
• Trump wants someone who supports rate cuts and more pro-growth policies
• Market may price in more dovish expectations ahead
Stay sharp, macro moves like this can shift market sentiment FAST. 💹