🚨 **Trump Drops Bessent from Fed Chair Race** 🇺🇸📉

Trump has removed Treasury Secretary **Scott Bessent** from his Fed Chair shortlist — Bessent declined the role, saying he’s focused on his current duties.

💬 *“Scott’s great, but happy where he is,”* Trump told CNBC.

🔁 **New Fed Chair Contenders:**

* 🧠 Kevin Warsh (ex-Fed Governor)

* 📊 Kevin Hassett (ex-White House economist)

* ❓ Two unnamed picks

Trump continues slamming Powell for slow rate cuts, demanding a more aggressive, pro-growth approach.

📉 **Fed Turmoil:**

* Waller & Bowman wanted a cut

* Adriana Kugler just resigned

* Trump to fill that vacancy *within days* — possibly a trial run for Powell’s 2026 replacement.

🌍 **Bessent Still Active**

Leading U.S.-China trade talks in Sweden ahead of the crucial **Aug 12** tariff decision.

He’s also helping vet new Fed candidates behind the scenes.

🧠 **TL;DR:**

✅ Bessent out of Fed race

✅ Trump wants a rate slasher

✅ Fed split + new vacancy

✅ Bessent still key on trade

📊 Traders eye a potential boost for **risk assets like \$BTC** if Trump lands a dovish pick.