**Trump Shakes Up Fed Race: Bessent Out of the Running!** 🇺🇸💥

In a surprising move, former President Donald Trump has removed Treasury Secretary Scott Bessent from the shortlist to replace Jerome Powell as Fed Chair. According to a CNBC report, Bessent told Trump during a late-night call, *“I’m good where I am,”* choosing to stay focused on his role at Treasury.

👀 **Who’s Still in the Mix?**

Trump is now considering:

• Kevin Warsh – Former Fed insider

• Kevin Hassett – Ex-White House economic advisor

• Two unnamed wildcards

Trump’s frustration with Powell is no secret—calling him a “numbskull” over delays in cutting interest rates. With the Fed keeping rates steady and Governor Kugler’s abrupt departure, Trump may be planning to fill the empty seat quickly—possibly as a trial run for Powell’s replacement before his term ends in 2026.

Meanwhile, Bessent remains a key player, leading high-stakes U.S.-China trade negotiations with a major tariff deadline approaching on August 12.

The Fed shakeup is getting real—stay tuned!

\#Trump #FederalReserve #Bessent #FedShakeup #RateCuts