๐จ BREAKING: Trump Drops Bessent from Fed Chair Race Amid Rate Cut Chaos! ๐บ๐ธ๐
๐ฅ Scott Bessent is OUT!
Trump confirms Bessent declined the Fed Chair role โ โHeโs happy where he is.โ ๐ผ
๐ New Fed Chair Contenders:
๐ง Kevin Warsh (Ex-Fed Governor)
๐ Kevin Hassett (Former Trump Advisor)
โ 2 unknown names still in play
๐ฃ Trump SLAMS Powell again โ calling him a โmoronโ for stalling rate cuts.
He wants a rate slasher at the helm FAST. โก
๐ Fed Drama Escalates:
Rates held steady, but dissent is growing
Gov. Kugler just resigned ๐คฏ
Trump to fill that seat this week โ possibly testing next Fed Chair ๐
๐ Meanwhile, Bessent is deep in U.S.-China trade talks, with a major tariff deadline looming Aug 12 ๐จ๐ณ
๐ TL;DR:
โ๏ธ Bessent OUT
โ๏ธ Fed chaos IN
โ๏ธ Trump hunting for a pro-cut warrior ๐ฅ
โ๏ธ Markets watching ๐
Whatโs your take? Bullish or bearish if Trump gets his pick?
Drop your thoughts โฌ๏ธ
#Trump #FederalReserve #RateCuts #CryptoNews #BinanceSquare #BTC #BNB #SOL