🚨Trump Shakes Up Fed Race: Bessent Bows Out!

In a surprising twist, former President Donald Trump has dropped Treasury Secretary Scott Bessent from the list to replace Fed Chair Jerome Powell. Bessent, happy calling the shots at Treasury, told Trump, “I’m good where I am,” during a late-night chat, as revealed on CNBC.

Who’s next? Trump’s eyeing:Kevin Warsh, ex-Fed proKevin Hassett, White House number-cruncherTwo mystery picksTrump’s fed up with Powell’s slow moves on rate cuts, slamming him as a “numbskull.” With the Fed holding rates steady and Governor Kugler’s sudden exit, Trump’s ready to fill the open seat fast—maybe testing a future chair before Powell’s 2026 exit.

Bessent’s still a heavyweight, leading U.S.-China trade talks with a big tariff deadline looming on August 12. The Fed drama’s heating up—stay tuned! #TRUMP #FedShakeup