💥 URGENT: TRUMP CONFIRMED THAT BESSENT IS OUT OF THE RACE FOR THE FED CHAIRMANSHIP 🇺🇸
Big update from the macro side! 🧠📉
Donald Trump just announced that Treasury Secretary Scott Bessent is officially no longer in the race to replace Jerome Powell as Chairman of the Federal Reserve.
According to Trump, Bessent directly told him that he wants to stay in the Treasury, which means that one of the main contenders is now OUT OF THE GAME. 🎯
👀 What this means:
• The race for the Fed chairmanship is OPEN AGAIN
• Jerome Powell's term ends in May 2026, but Trump's team is already preparing
• Trump wants the new chairman to support rate cuts and more pro-economy policies
• The market may factor in softer expectations ahead
Stay alert, macro movements like this can quickly change market sentiment. 💹